Business Archives - Page 41 of 149

Any tax cuts will need to be 'undone' after election, economist claims

Any tax cuts will need to be ‘undone’ after election, economist claims

Any tax cuts made during this budget will “one way or another be undone after the election”, according to one economist. Speaking to Sky News, Paul...

Banks placed on alert over 'rogue' Companies House filings

Business11 months ago

Banks placed on alert over ‘rogue’ Companies House filings

Britain’s biggest banks have been placed on alert over hundreds of ‘rogue’ filings which appear to have been lodged at Companies House, the UK’s central corporate...

Passengers 'punished' as rail fares hiked by nearly 5%

Business11 months ago

Passengers ‘punished’ as rail fares hiked by nearly 5%

Cash-strapped train travellers are being priced off the railways, campaigners have warned as fares in England and Wales are hiked by nearly 5% despite high levels...

Moto GP owner Bridgepoint eyes £3.5bn bonanza from motor racing sale

Business11 months ago

Moto GP owner Bridgepoint eyes £3.5bn bonanza from motor racing sale

The long-standing owner of the Moto GP global motor-racing series is in advanced talks to sell the business for more than £3bn. Sky News has learnt...

Elon Musk sues OpenAI and Sam Altman, saying company putting profit over the public good

Business11 months ago

Elon Musk sues OpenAI and Sam Altman, saying company putting profit over the public good

Elon Musk, the multi-billionaire owner of Tesla and X, is suing artificial intelligence company OpenAI, accusing the firm of prioritising profit over developing AI for the...

Home Office figures show how vital immigration is to the economy

Business11 months ago

Home Office figures show how vital immigration is to the economy

The Home Office immigration system statistics for 2023 tell a different story to the one that dominates the political discourse. While government commentary and policy has...

Sainsbury's to cut 1,500 jobs in cost-cutting plan

Business11 months ago

Sainsbury’s to cut 1,500 jobs in cost-cutting plan

Sainsbury’s has revealed plans to cut around 1,500 roles as part of a previously announced shake-up of its operations. Sky News revealed earlier this month how...

Body Shop closures: Full list of 75 branches shutting their doors for good - and 116 staying open

Business11 months ago

Body Shop closures: Full list of 75 branches shutting their doors for good – and 116 staying open

The Body Shop has published the full list of stores that are to close – and which will stay open – as it announced 489 jobs...

Rishi Sunak declines to back under fire Post Office boss Nick Read

Business11 months ago

Rishi Sunak declines to back under fire Post Office boss Nick Read

Rishi Sunak has declined to say whether he has confidence in the chief executive of the crisis-hit Post Office, Nick Read, following confirmation of an investigation...

Labour will inherit 'worst economic situation since Second World War', shadow chancellor warns

Business11 months ago

Labour will inherit ‘worst economic situation since Second World War’, shadow chancellor warns

Labour will inherit the worst economic situation of any incoming government since the Second World War, Rachel Reeves warned today, accusing the Conservative Party of “burning...

St James's Place put in its place by investors as action on fee conduct bites

Business11 months ago

St James’s Place put in its place by investors as action on fee conduct bites

How many pairs of cufflinks could £1bn buy? That was the question being asked by City wags after that sum of money was wiped from the...

Bitcoin hits ,000 - as all-time high nears

Business11 months ago

Bitcoin hits $60,000 – as all-time high nears

Bitcoin has hit $60,000 for the first time since November 2021 – putting the cryptocurrency in touching distance of a new record high. One Bitcoin cost...

Ex-chancellor Lord Hammond to chair UK fintech Railsr

Business11 months ago

Ex-chancellor Lord Hammond to chair UK fintech Railsr

Lord Hammond of Runnymede, the former chancellor, is to take on the chairmanship of Railsr, a British-based fintech which was last year rescued from the brink...

Debanking fears as over 140k business accounts closed

Business11 months ago

Debanking fears as over 140k business accounts closed

MPs have raised concerns over the treatment of small businesses by major banks after figures showed more than 140,000 accounts were shut down by lenders over...

Post Office chief executive Nick Read subject of 80-page HR investigation, former chairman Henry Staunton says

Business11 months ago

Post Office chief executive Nick Read subject of 80-page HR investigation, former chairman Henry Staunton says

The ousted Post Office chairman has insisted it was the company’s current chief executive who was the subject of an internal investigation, not him. Former chair...

'Dead duck' Post Office should be sold to Amazon for £1, says campaigner Alan Bates

Business11 months ago

‘Dead duck’ Post Office should be sold to Amazon for £1, says campaigner Alan Bates

Former sub-postmaster and lead campaigner Alan Bates has called for the Post Office to be sold to the likes of Amazon for £1 as he described...

Hunt urges Shein boss to pursue blockbuster London float

Business11 months ago

Hunt urges Shein boss to pursue blockbuster London float

Jeremy Hunt has held talks with the boss of Shein, the Chinese-founded fast fashion giant, in a bid to persuade the company to commit to what...

Business11 months ago

‘Dead duck’ Post Office should be sold to Amazon for £1, says campaigner Alan Bates

Former sub-postmaster and lead campaigner Alan Bates has called for the Post Office to be sold to the likes of Amazon for £1 as he described...

Predator Elliott returns with £750m bid for electricals chain Currys

Business11 months ago

Predator Elliott returns with £750m bid for electricals chain Currys

The investment firm which owns Waterstones has returned with a second offer for Currys, the electrical goods chain, amid investor hopes of a rare bidding war...

Post Office scandal: Bill to compensate victims will be more than £1bn - as no financial talks with Fujitsu under way

Business11 months ago

Post Office scandal: Bill to compensate victims will be more than £1bn – as no financial talks with Fujitsu under way

More than £1bn will be spent on compensating victims of the Post Office’s faulty Horizon IT software, according to a senior civil servant. Only the taxpayer...

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Any tax cuts will need to be ‘undone’ after election, economist claims

Banks placed on alert over ‘rogue’ Companies House filings

Passengers ‘punished’ as rail fares hiked by nearly 5%

Moto GP owner Bridgepoint eyes £3.5bn bonanza from motor racing sale

Elon Musk sues OpenAI and Sam Altman, saying company putting profit over the public good

Home Office figures show how vital immigration is to the economy

Sainsbury’s to cut 1,500 jobs in cost-cutting plan

Body Shop closures: Full list of 75 branches shutting their doors for good – and 116 staying open

Rishi Sunak declines to back under fire Post Office boss Nick Read

Labour will inherit ‘worst economic situation since Second World War’, shadow chancellor warns

St James’s Place put in its place by investors as action on fee conduct bites

Bitcoin hits $60,000 – as all-time high nears

Ex-chancellor Lord Hammond to chair UK fintech Railsr

Debanking fears as over 140k business accounts closed

Post Office chief executive Nick Read subject of 80-page HR investigation, former chairman Henry Staunton says

‘Dead duck’ Post Office should be sold to Amazon for £1, says campaigner Alan Bates

Hunt urges Shein boss to pursue blockbuster London float

‘Dead duck’ Post Office should be sold to Amazon for £1, says campaigner Alan Bates

Predator Elliott returns with £750m bid for electricals chain Currys

Post Office scandal: Bill to compensate victims will be more than £1bn – as no financial talks with Fujitsu under way

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