Mitie Group, the London-listed outsourcer, has kicked off a search for a successor to Derek Mapp, its long-serving chairman. Sky News has learnt that the FTSE-250...
Thames Water has secured a £3bn injection to avoid running out of cash. There were fears the UK’s biggest water supplier, which serves 16 million customers,...
The chancellor will need to spend an extra £20bn by the end of the parliament to maintain public investment at its present levels. Rachel Reeves has...
Rachel Reeves will rewrite the government’s fiscal rules in next week’s budget to allow her to increase borrowing for public investment by around £50bn. Speaking to...
Frasers Group, the owner of Sports Direct, House of Fraser and Flannels, has written to Boohoo ordering it to sack its chief executive and appoint Frasers...
Folkestone has been drawing in crowds in recent years with regeneration and private developments transforming parts of this port town on the Kent coast. But many...
Without urgent intervention the UK looks set to see “the end of a clubbing era that has defined generations”, according to industry experts. Ahead of next week’s...
Public investment in new technologies and the energy transition is “badly needed” to drive growth in the UK and prevent the national debt rising to risky...
The owner of fashion chains Whistles and Phase Eight is in advanced talks to buy White Stuff, another prominent high street clothing retailer. Sky News has...
The energy supplier which rescued rival Bulb after its collapse in 2021 has repaid the final tranche of government support provided to secure the deal, delivering...
The Treasury is on track to complete the sale of the taxpayer’s stake in NatWest Group as early as the spring of next year as officials...
A new commission is to investigate Britain’s troubled water industry in a bid to tackle sewage pollution, “broken” infrastructure, and toughen up weak regulators. The new...
Former Abercrombie & Fitch CEO Mike Jeffries has been arrested on sex trafficking charges, a spokesperson for federal prosecutors has said. Matthew Smith, Jeffries’ partner, and...
GoCardless, the digital payments platform, is to become the third British fintech in as many months to orchestrate a share sale that will result in a...
The International Monetary Fund (IMF) has upgraded its projection for UK growth this year by 0.4% to 1.1% – the largest upward revision for any advanced...
Government borrowing is at its highest since the pandemic due to public sector pay rises and the high cost of borrowing, official figures show. Last month...
Water companies across England and Wales are asking for bills to be made even higher than they first requested, with one company seeking an 84% hike....
Overhauling workers’ rights could cost businesses around £5bn a year, the government has said. The Employment Rights Bill, which aims to tackle low pay and poor...
The breakaway international golf tour funded by Saudi Arabia’s vast wealth is to stage its first event in India early next year amid its continued expansion...
Bonuses to water company bosses rose this year to £9.1m – despite record sewage discharges and financial woes at some utilities. Executives from English and Welsh...