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News

  • January 29, 2025

‘Not a second to waste’: City of London calls for action to back up Reeves plans

The City of London has warned the government there “isn’t a second to waste” in pushing through its growth plans today after the Chancellor Rachel Reeves set out proposals designed to kickstart

  • January 29, 2025

Tesco to cut 400 jobs as it moves to ‘more efficient’ working

Tesco has announced plans to cut more than 400 jobs in a bid to improve efficiency at the grocer, following in the footsteps of Sainsbury’s, Asda and Morrisons. The supermarket giant said that the �

  • January 29, 2025

Over 100 Lloyds, Halifax and Bank of Scotland branches to close

More than 100 Lloyds, Halifax and Bank of Scotland high street branches are to close, it has been announced. Lloyds Banking Group has confirmed it will shut 136 more high street branches as it acceler

  • January 29, 2025

Howden’s insurance conference disrupted by climate activists

An insurance conference held at Howden’s City office was disrupted this morning following a slew of protesters from Extinction Rebellion

  • January 29, 2025

Nick Train: ‘I’m running out of ways to say sorry’ for poor performance

Star fund manager Nick Train has apologised again for the poor performance of his £1.4bn Finsbury Growth & Income trust. Over the last five years, the trust’s share price has grown only 10.9 per ce

  • January 29, 2025

Crew Clothing plans to open at least 20 stores in 2025

Crew Clothing has revealed plans to open at least 20 stores across the UK this year. The fashion retailer announced its intention to expand further after the brand added 15 new locations over the cour

  • January 29, 2025

Reeves confirms backing for Heathrow expansion but refuses to rule out new business taxes

Rachel Reeves has confirmed the government’s backing for a third runway at Heathrow in a major speech on economic growth. The Chancellor addressed journalists, business leaders and cabinet ministers

  • January 29, 2025

Next CEO backs Lords battle against National Insurance tax rise

The chief executive of retail giant Next has backed an attempt in the House of Lords to change the planned change to employer’s National Insurance Contributions (NICs). Lord Wolfson has supported am

  • January 29, 2025

The Famous Grouse sale to billionaire’s empire on the rocks

A deal which saw whisky giant The Famous Grouse sold to one of the UK’s richest men is to be investigated by the Competition and Markets Authority (CMA). Drinks business Edrington sold the brand, wh

  • January 29, 2025

UK’s last fracking wells to be filled with cement despite dwindling gas stocks

The UK’s last fracking wells are set to be closed and filled with cement despite warnings that Britain’s gas stockpiles are dwindling. In an open letter, the North Sea Transition Authority regulat

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