Business
Joules’ rescue talks with Next stumble after latest profit alert
The struggling fashion chain Joules' hopes of securing a lifeline from the high street behemoth Next have hit a stumbling...
Co-ordinated strikes threatened as unions warn of ‘low pay crisis’
Unions are threatening to hold co-ordinated strikes in the coming months as they attempt to secure inflation-matching pay rises for...
‘The nuclear option’: Truss considers cutting VAT to 15%
Liz Truss is considering a "nuclear" option that could see VAT cut from 20% to 15%, according to reports.A source...
Britain will ’emerge stronger and more prosperous’ after cost of living crisis ends, says PM
Boris Johnson has predicted that the UK will "emerge stronger and more prosperous" once the cost of living crisis begins...
Fund manager Jupiter in talks to sell 10% stake in £2.5bn Starling Bank
Jupiter Fund Management is in talks to sell its entire stake in Starling Bank months after the digital lender's valuation...
Britons on £45,000 will need help paying energy bills – not just those on benefits, chancellor says
Britons on £45,000 salaries will need government help to pay their energy bills - not just people on benefits, the...
‘Sky-high’: Surge in cost of dropping off passengers at airports will leave drivers ‘stunned’
Drop-off fees have increased at two-thirds of the UK's major airports since 2019, according to research.An RAC investigation found 16...
Spiralling energy bill burden will send UK into catastrophic territory
We have never seen anything like this. The UK has been through all sorts of ups and downs (sadly more of...
Fresh CO2 shortage fears as surging energy costs force factory shutdown
Fresh fears have flared over a shortage of carbon dioxide - critical to the food and drinks industry - after...
Moderna sues Pfizer/BioNTech over COVID vaccine
Moderna is suing Pfizer and its German partner BioNTech for alleged patent infringement in the development of the first COVID-19...
Co-op to sell petrol forecourts arm for £450m in bid to fortify balance sheet
The Co-op Group is in talks to sell its petrol forecourts division for £450m as it seeks to reduce its...
PM vows ‘extra cash’ to help with bills – as Zahawi suggests people should cut back on energy use
Boris Johnson has pledged the government will announce "extra cash" in September to support households further with energy bills -...
Even those who’ve done the right thing won’t escape impact of massive rise in energy bills
With the flick of a switch, fuel poverty has become a mainstream economic condition.Defined as spending 10% or more of...
Swiss Re loses employment tribunal over sexist comments
Swiss Re, one of the world’s biggest reinsurers, has lost an employment tribunal after one of its senior managers told...
ECB rate-setters worried weak euro would feed higher inflation
European Central Bank rate-setters expressed mounting concern that the weak euro will feed higher inflation, which some feared may not...
Kwarteng to review Czech billionaire’s plan to increase stake in Royal Mail
The business secretary has warned Royal Mail that a Czech billionaire's bid to raise his stake in the company faces...
US housebuilders: long-term investment case remains intact
US house prices continue to go through the roof. Across America, home prices — as measured by one closely watched...
US forces kill Iran-backed militia fighters in Syria
US forces killed three suspected fighters from Iran-backed militias in Syria late on Wednesday in response to an attack earlier...
Democracies must use AI to defend open societies
The world would have been a far darker place had Nazi Germany beaten the US to build the world’s first...