Thames Water braced for crunch talks over £14bn debt-pile
Thames Water is facing crunch talks over its finances amid mounting concerns about its ability to service a debt mountain...
business
Silicon Valley Bank: Biggest failure since 2008 financial crisis as US regulators close bank and seize assets
US regulators have shut down the country's 16th largest bank, in the biggest collapse of a financial institution since the...
Grant Thornton UK partners to vote on Indian investment
The UK arm of Grant Thornton, the accountancy and professional services provider, is drawing up plans to invest millions of...
Economy sees rebound in January helped by return of Premier League football
The economy rebounded to grow by 0.3% in January, according to official figures which reaffirmed that the UK avoided recession...
Financial Conduct Authority says 356,000 mortgage borrowers could face payment difficulties by end of June 2024
Hundreds of thousands of mortgage holders could face payment difficulties by the end of June next year, according to analysis...
Government seeks British Business Bank chair amid debate over mandate
The government has kicked off the search for a new head of its economic development bank amid an intensifying political...
Fraud case against three ex-G4S executives collapses after 10 year investigation
Charges have been dropped against three former executives of G4S's electronic tagging arm who were accused of defrauding the Ministry...
Boots trims value of loyalty points but covers more products
Boots, the UK's largest health and beauty retailer, has revealed changes to its loyalty scheme that will see points reduced...
Jitters over health of US banks spark global stock market sell-off
Stock markets have gone into sharp retreat globally, including in the UK, over concerns for the health of US banks...
HS2: Parts of rail project to be delayed for two years
The government has announced the construction of sections of HS2 will be delayed by two years to save money. The...
HS2 explained: What is it and why are parts being delayed?
HS2 is the UK's biggest infrastructure project, which is supposed to transform public transport between London, the Midlands and the...
Banks not passing on higher interest rates to savers mean customers miss out on £23bn
Households are missing out on £23bn a year because banks are not passing higher interest rates to savers, a Sky...
Former Shell chief executive Ben van Beurden takes home nearly £10m for 2022 as company profits from high energy prices
Shell's chief executive earned £9.7m last year, a 53% pay rise, as the company reported record profits due to elevated...
BMW revs up £500m plan to secure Mini production in Britain
BMW, the German car manufacturer, is applying the finishing touches to plans to invest hundreds of millions of pounds into...
Adidas warns of first loss in decades after split with Kanye West – as it decides what to do with mountain of unsold Yeezy trainers
Adidas has revealed plans for a huge cut to its dividend as it battles the costly fallout from its failed...
Wagamama owner to close restaurants as surge in costs drives annual loss
Restaurant Group, owner of brands including Wagamama and Frankie & Benny's, has revealed plans to close dozens of sites while...
Heathrow ‘considering next steps’ as airlines secure victory on passenger charges
Heathrow Airport says it is "considering its next steps" after the industry regulator ruled it must cut per passenger fees...
Emergency coal-fired power stations to help keep lights on as cold snap raises demand
Britain's power system operator has, for the first time ever, ordered two of five emergency coal-fired generators to produce electricity...
RMT union suspends series of Network Rail strikes later this month after new pay offer
The Rail, Maritime and Transport Workers' union has suspended all industrial action against Network Rail following a new pay offer.Strike...
Cost of living: One in seven people skipping meals as prices soar to ‘stupid’ levels
One in seven people (15%) have skipped meals amid the rising cost of living - up from one in eight...