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News

  • December 15, 2024

UK companies cut jobs at fastest rate in nearly 4 years

The private sector cut jobs at the fastest rate for nearly 4 years in December as firms respond to new tax rules announced in the Budget. The latest S&P Global Flash UK Purchasing Managers’ Index (P

  • December 15, 2024

Shares in Ladbrokes owner Entain slump on money laundering investigation

Entain shares fell nearly seven per cent this morning after the gambling giant was sued by Australian authorities over a failure to comply with anti-money laundering rules. The Australian Transaction

  • December 15, 2024

Tory peer’s plan for English football ‘opens door to Kim Jong Un and Assad’

Dictators such as Kim Jong Un or Bashar al-Assad could be encouraged to buy English football clubs if “preposterous” proposals from Tory peers are passed, campaigners have warned.  Lord Moynihan,

  • December 15, 2024

Talktalk to axe hundreds of jobs in latest cost-cutting drive

Talktalk is set to cut hundreds of jobs as it looks to boost its balance sheet after narrowly avoiding collapse earlier this year. The telecoms giant, which had 1,857 employees at the end of February,

  • December 15, 2024

Vince Cable warns against bid by the ‘Czech Sphinx’ for Royal Mail

Former business secretary Vince Cable has warned the Government not to wave through the sale of the Royal Mail to Czech tycoon Daniel Kretinsky, citing his links to Russia and the high amount of debt

  • December 14, 2024

Water bills set to rise by a fifth as government calls for ‘complete reset’ of sector

Water bills are set to rise by at least 21 per cent as the government slams a "failure of regulation and governance" within the sector.

  • December 14, 2024

Boohoo’s money troubles increase as bidder for London office walks away

Boohoo has suffered another financial setback after an Israeli bidder pulled out of talks to buy its London office. The company was set to sell its Soho office for £60m to cover a looming debt repaym

  • December 14, 2024

Power returned to all homes after Storm Darragh

As of Thursday, more than 2,000 homes in South Wales and the South West region were still without power.

  • December 14, 2024

Porsche holding company warns of £17bn writedown in Volkswagen stake

Volkswagen is suffering from high costs, fierce Asian competition and a prolonged bitter conflict with unions over plant closures.

  • December 13, 2024

Trump hosts Apple chief at Mar-a-Lago as big tech leaders reach out

Trump has said he has spoken with Apple chief Tim Cook about the company’s long-running tax battles with the European Union.

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