Business Archives - Page 74 of 149

Bank of England's 'regrettable' mistakes fuelled inflation, its former top economist says

Bank of England’s ‘regrettable’ mistakes fuelled inflation, its former top economist says

The Bank of England “regrettably” made mistakes that have fuelled inflation in the UK, its former chief economist has told Sky News. Andy Haldane said the...

Fears for future of 'super soggy' Superdry as shares slump to record low

Business1 year ago

Fears for future of ‘super soggy’ Superdry as shares slump to record low

Shares in Superdry plunged to a record low on Monday after the struggling fashion retailer reported a bigger-than-expected annual loss. It came as trading in the...

Business1 year ago

Has China’s economy run out of steam?

The southern Chinese city of Zunyi is awash with signs the nation’s economy is not in good health. Everywhere you look there are unfinished infrastructure projects;...

Why are fuel prices on the rise and will they come down?

Business1 year ago

Why are fuel prices on the rise and will they come down?

It’s been a crazy few years for the cost of many services and essentials, with fuel prices among the bills enduring something of a roller-coaster ride....

Music and fashion chiefs to join revamped government Board of Trade

Business1 year ago

Music and fashion chiefs to join revamped government Board of Trade

The boss of Universal Music Group and the fashion designer Anya Hindmarch are among a coterie of British business leaders being lined up to join a...

Chancellor Jeremy Hunt confident 'inflation is coming down' and on track to be halved this year

Business1 year ago

Chancellor Jeremy Hunt confident ‘inflation is coming down’ and on track to be halved this year

Chancellor Jeremy Hunt is confident his plan to reduce rising prices is working and will soon ease the financial strain on UK households. Ahead of parliament...

Steel rescue package could be a 'missed opportunity', Labour MP Stephen Kinnock warns

Business1 year ago

Steel rescue package could be a ‘missed opportunity’, Labour MP Stephen Kinnock warns

A government aid package aimed at securing the long-term future of steelmaking in South Wales could be a “missed opportunity”, a senior Labour MP has told...

Investment in Port Talbot cannot come soon enough, but it might be the last roll of the dice

Business1 year ago

Investment in Port Talbot cannot come soon enough, but it might be the last roll of the dice

Sajid Javid, Jacob Rees-Mogg, Greg Clark, Rishi Sunak, Grant Shapps and Kemi Badenoch: the list of Tory chancellors and business secretaries who have sought to unlock...

Mohamed Fayed's casual relationship with the truth held back his business achievements

Business1 year ago

Mohamed Fayed’s casual relationship with the truth held back his business achievements

Little has been heard from Mohamed Fayed during the last decade. He sold Harrods to Qatar Holdings as long ago as May 2010 and his other...

Mohamed Al Fayed: Former Harrods and Fulham FC owner has died at the age of 94

Business1 year ago

Mohamed Al Fayed: Former Harrods and Fulham FC owner has died at the age of 94

Mohamed Al Fayed has died at the age of 94. The Egyptian-born businessman was best known as a former owner of the Harrods department store and...

The UK actually fared much better after COVID than first thought - here's why it matters

Business1 year ago

The UK actually fared much better after COVID than first thought – here’s why it matters

Comparing the UK economy with its pre-pandemic size has become an almost totemic way of highlighting its sluggish performance post-COVID. It has certainly been a gift...

British factories suffer weakest month since May 2020 as orders shrink

Business1 year ago

British factories suffer weakest month since May 2020 as orders shrink

British factories have suffered their weakest month since the early days of the coronavirus pandemic, with orders shrinking dramatically. The manufacturing purchasing managers’ index – a...

Bigger-than-expected fall in house prices as rate hikes hit market

Business1 year ago

Bigger-than-expected fall in house prices as rate hikes hit market

House prices fell by 5.3% in the year to August – a bigger-than-expected drop, according to Nationwide. This means the typical home is now worth £14,600...

Power cut compensation payments lifted after review of Storm Arwen response

Business1 year ago

Power cut compensation payments lifted after review of Storm Arwen response

The energy regulator has lifted maximum compensation payment levels available to households and businesses from storm-related power cuts. Ofgem said they could now claim up to...

Bank of England's chief economist Huw Pill issues warning over interest rate rises

Business1 year ago

Bank of England’s chief economist Huw Pill issues warning over interest rate rises

The Bank of England’s chief economist has warned there is a risk of “unnecessary damage” being inflicted if interest rates increase too much. Huw Pill told...

UBS to cut 3,000 jobs in Switzerland despite huge profits from takeover of Credit Suisse

Business1 year ago

UBS to cut 3,000 jobs in Switzerland despite huge profits from takeover of Credit Suisse

Swiss banking giant UBS has reported a record pre-tax profit of $29bn (£22.8bn) in the latest quarter following its takeover of Credit Suisse. The Zurich-based bank...

Google Pixel event: What to expect from search giant's October hardware reveal

Business1 year ago

Google Pixel event: What to expect from search giant’s October hardware reveal

Google will reveal its latest rival to Apple’s iPhone at an event on 4 October. The search giant announced the date for its own annual smartphone...

M&S returns to FTSE 100 as investors cheer turnaround progress

Business1 year ago

M&S returns to FTSE 100 as investors cheer turnaround progress

Marks & Spencer (M&S) has secured a return to the FTSE 100 share index, four years after the bellwether retailer was relegated amid a battle for...

HMV owner Putman edges closer to rescue deal for bulk of Wilko

Business1 year ago

HMV owner Putman edges closer to rescue deal for bulk of Wilko

The owner of HMV is finalising a deal to rescue the majority of Wilko’s operations, salvaging more than 8,000 jobs at the stricken high street retailer....

Business1 year ago

UBS to cut 3,000 jobs in Switzerland despite huge profits from takeover of Credit Suisse

Swiss banking giant UBS has reported a record pre-tax profit of $29bn (£22.8bn) in the latest quarter following its takeover of Credit Suisse. The Zurich-based bank...

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Bank of England’s ‘regrettable’ mistakes fuelled inflation, its former top economist says

Fears for future of ‘super soggy’ Superdry as shares slump to record low

Has China’s economy run out of steam?

Why are fuel prices on the rise and will they come down?

Music and fashion chiefs to join revamped government Board of Trade

Chancellor Jeremy Hunt confident ‘inflation is coming down’ and on track to be halved this year

Steel rescue package could be a ‘missed opportunity’, Labour MP Stephen Kinnock warns

Investment in Port Talbot cannot come soon enough, but it might be the last roll of the dice

Mohamed Fayed’s casual relationship with the truth held back his business achievements

Mohamed Al Fayed: Former Harrods and Fulham FC owner has died at the age of 94

The UK actually fared much better after COVID than first thought – here’s why it matters

British factories suffer weakest month since May 2020 as orders shrink

Bigger-than-expected fall in house prices as rate hikes hit market

Power cut compensation payments lifted after review of Storm Arwen response

Bank of England’s chief economist Huw Pill issues warning over interest rate rises

UBS to cut 3,000 jobs in Switzerland despite huge profits from takeover of Credit Suisse

Google Pixel event: What to expect from search giant’s October hardware reveal

M&S returns to FTSE 100 as investors cheer turnaround progress

HMV owner Putman edges closer to rescue deal for bulk of Wilko

UBS to cut 3,000 jobs in Switzerland despite huge profits from takeover of Credit Suisse

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