Business Archives - Page 81 of 155

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

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

Business2 years 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

Business2 years 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....

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

Business2 years 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...

Former Pru chief Fitzpatrick leads race to run St James's Place

Business2 years ago

Former Pru chief Fitzpatrick leads race to run St James’s Place

A former chief executive of Prudential is the leading candidate to become the next boss of St James’s Place (SJP), the FTSE-100 wealth manager. Sky News...

Hundreds of job losses at Wilko confirmed as rescue bid collapses

Business2 years ago

Hundreds of job losses at Wilko confirmed as rescue bid collapses

Hundreds of job losses at Wilko have been confirmed after a bid to buy the entire business fell through. Administrators PwC said 269 roles in the...

Electrified models help power UK car production up by almost a third

Business2 years ago

Electrified models help power UK car production up by almost a third

The UK car industry has declared it is “recovering” after production last month rose by almost a third compared to a year ago. The Society of...

GMB union warns job losses at Wilko 'could be announced on Thursday'

Business2 years ago

GMB union warns job losses at Wilko ‘could be announced on Thursday’

Job losses at Wilko could be announced on Thursday after an offer to buy the entire business reportedly failed to “pass basic checks”, according to a...

Mortgage approvals drop in further sign of housing market slowdown

Business2 years ago

Mortgage approvals drop in further sign of housing market slowdown

Mortgage approvals dropped almost 10% last month, new Bank of England figures show. The net decrease – from 54,600 in June to 49,400 in July –...

New Future chief ditches past with SmartBrief sale

Business2 years ago

New Future chief ditches past with SmartBrief sale

The new chief executive of Future is to sever ties with its business-to-business operations in a signal of his plans for the owner of Marie Claire...

Zoopla says number of UK property sales on track to fall to lowest level in a decade

Business2 years ago

Zoopla says number of UK property sales on track to fall to lowest level in a decade

The number of house and flat sales in the UK this year is set to be the lowest in a decade, according to new figures from...

'No job losses at Wilko' while bids considered for collapsed retailer

Business2 years ago

‘No job losses at Wilko’ while bids considered for collapsed retailer

Redundancies among Wilko’s 12,500-strong workforce have been suspended while further bids for the collapsed retailer are considered, a union has said. The GMB said it had...

M&C Saatchi founders place £1m bet on ad agency fortunes

Business2 years ago

M&C Saatchi founders place £1m bet on ad agency fortunes

Three members of the quintet that founded M&C Saatchi nearly 30 years ago have placed a £1m bet on the revival of the advertising agency’s fortunes....

Ex-Deliveroo execs secure Google AI funding for property search engine

Business2 years ago

Ex-Deliveroo execs secure Google AI funding for property search engine

A trio of former Deliveroo executives have secured investment for a new property search engine start-up backed by a Google artificial intelligence fund. Sky News understands...

HMV owner seeks £50m backing for Wilko rescue bid

Business2 years ago

HMV owner seeks £50m backing for Wilko rescue bid

The owner of HMV has approached a number of debt providers to back a last-gasp rescue bid for Wilko, the ailing high street retailer. Sky News...

Barclays line up Gulf firepower for fresh raid on Telegraph newspapers

Business2 years ago

Barclays line up Gulf firepower for fresh raid on Telegraph newspapers

The former owners of The Daily Telegraph have lined up hundreds of millions of pounds from Middle Eastern investors in a bid to wrest back control...

Positive signs for the economy as consumer confidence on the up again

Business2 years ago

Positive signs for the economy as consumer confidence on the up again

Consumer confidence has grown again, with positive signs ahead for the UK economy, a survey says. But the picture still remains negative, according to a closely...

Iran and Saudi Arabia among six new countries invited to join BRICS bloc to rival G7

Business2 years ago

Iran and Saudi Arabia among six new countries invited to join BRICS bloc to rival G7

A group of trading nations known as BRICS, which is hoping to rival the G7, is set to grow in size after inviting six new countries...

Bills will be more expensive for one in three households with poorest more affected, Resolution Foundation says

Business2 years ago

Bills will be more expensive for one in three households with poorest more affected, Resolution Foundation says

Energy bills are to rise higher than last year for millions this winter, despite the energy price cap falling, a think tank has said. Withdrawn energy...

Business2 years ago

Wilko job fears deepen as Poundland owner eyes swoop on 100 stores

Fears for thousands of retail jobs at the ailing chain Wilko deepened on Wednesday evening when trade union officials warned that the majority of its shops...

News IO

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

Former Pru chief Fitzpatrick leads race to run St James’s Place

Hundreds of job losses at Wilko confirmed as rescue bid collapses

Electrified models help power UK car production up by almost a third

GMB union warns job losses at Wilko ‘could be announced on Thursday’

Mortgage approvals drop in further sign of housing market slowdown

New Future chief ditches past with SmartBrief sale

Zoopla says number of UK property sales on track to fall to lowest level in a decade

‘No job losses at Wilko’ while bids considered for collapsed retailer

M&C Saatchi founders place £1m bet on ad agency fortunes

Ex-Deliveroo execs secure Google AI funding for property search engine

HMV owner seeks £50m backing for Wilko rescue bid

Barclays line up Gulf firepower for fresh raid on Telegraph newspapers

Positive signs for the economy as consumer confidence on the up again

Iran and Saudi Arabia among six new countries invited to join BRICS bloc to rival G7

Bills will be more expensive for one in three households with poorest more affected, Resolution Foundation says

Wilko job fears deepen as Poundland owner eyes swoop on 100 stores

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