Retail Selfridges’ £4 billion takeover was backed by Saudi oil wealth admin Jul 24, 2023 Saudi Arabia is a private financier of the £4bn Selfridges takeover, as part a spree to boost its international…
Economy Covid will cost taxpayers an extra £15bn even though pandemic is over admin Jul 24, 2023 The government will spend another £15bn on Covid despite the fact that the pandemic has been declared over.…
Electric vehicles Britain’s EV push will cost billions, but the prize could be worth much more admin Jul 24, 2023 This could be £500m. It could be £1bn. It could even be £2bn. It's not clear how much the government agreed to …
Russia -Ukraine war Nestle employees in Russia face conscription. admin Jul 24, 2023 Nestle is under pressure from its Russian customers to pull out of the country, and more than 7,000 Nestle…
Markets After inflation falls, UK stocks experience their biggest rally since January. admin Jul 24, 2023 This week, UK stocks staged their largest rally since January as investors warmed up to a market which has missed…
Agriculture British berry farmers accuse supermarkets pocketing soft fruits profits admin Jul 24, 2023 British berry producers have accused supermarkets that they are pocketing profits from higher soft fruit prices,…
Energy Grant Shapps promises to’maximise’ UK North Sea oil and natural gas… admin Jul 24, 2023 Grant Shapps has said that the UK government will "max-out" its remaining North Sea oil reserves. He argues this is…
Healthcare Care homes are closing as rising mortgage rates make the business… admin Jul 24, 2023 Care home operators in the UK have warned of the "death-knell" that will be sounded by a recent rise in mortgage…
Media Netflix stock is sinking. Passwords are not the issue. admin Jul 21, 2023 The fears that Netflix NFLX NFLX -8.41% would crackdown on password-sharing were unfounded. The new ad supported…
Food industry Unilever and Heinz are under investigation over grocery prices admin Jul 21, 2023 The competition regulator will investigate big brand owners such as Heinz, Unilever and others over concerns…
Travel Offices are eligible for tax breaks admin Jul 21, 2023 EasyJet has seen its revenues per passenger surpass the average £100 for the first-time, showing the impact of…
Health Office check-ups are tax-deductible to prevent staff from signing off. admin Jul 21, 2023 Under plans to combat a recent surge in long-term illness, workers and employers will receive tax breaks worth tens…
Business CVC raises €26bn to create the largest ever buyout fund admin Jul 21, 2023 CVC Capital Partners raised €26bn (USD29bn) to create the largest private equity funds in history. This was despite…
Russia -Ukraine war Russia attacks Ukraine grain silos with a ‘barbarian attack’ admin Jul 21, 2023 The EU has said that Moscow's "barbarian" attitude in attacking food supplies is demonstrated by the third night of…
Politics UK Treasury calculates cost of payouts for last summer’s political turmoil admin Jul 21, 2023 Treasury accounts revealed the cost of Britain's recent upheaval in politics on Thursday. They showed the amount of…
Energy Vattenfall’s cancellation of wind farm project in the UK is a blow to UK… admin Jul 21, 2023 The UK's efforts to promote renewable energy suffered a major blow after one of its largest offshore wind farm…
Eurozone Legal & General Investment Chief Bets on UK Recession admin Jul 21, 2023 The UK's biggest asset manager is buying bonds and selling stocks in preparation for an "significant" downturn. He…
Energy National Grid sells its gas network stake amid concerns over hydrogen heating admin Jul 20, 2023 The National Grid sold more of Britain's Gas Network to foreign investors, just days after Grant Shapps raised …