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Sky News
Ex-chancellor Hammond’s fintech Railsr eyes merger of Equals
A British financial technology company chaired by Lord Hammond of Runnymede, the former chancellor, has made an approach to merge with a London-listed peer.Sky News has learnt that Railsr, which Lord Hammond joined only last month, has written to Equals Group to propose a combination of the two companies. It was unclear on Wednesday when …
Business
Sky News
Greggs stores to take payments again soon after card and cash systems crash
Greggs said it expects to be able to take card and cash payments again soon after the bakery chain experienced issues with its tills. In a statement, the bakery chain said it expects “the issue to be fully resolved shortly”. They added: “We apologise for the inconvenience this may have caused to our customers.”Earlier on …
Business
Euro News
Doing business in China is growing tougher, more uncertain, European business group says
Business
Euro News
Doing business in China getting tougher, European business group says
Business
Business Live
Fintel hails defining year following flurry of acquisitions
Statutory earnings have fallen at the Huddersfield-based owner of Simply Business and defaqto in what has been described as a defining year for the business. Full year 2023 results for Fintel show statutory Ebitda fell by 13.5% to £14.4m as statutory revenue fell 2.4% to £64.9m. Bosses at the AIM-listed financial technology group said it …
Business
Sky News
Food leads rate of inflation down to 3.4%, lowest level since September 2021
The rate of inflation slowed sharply to an annual rate of 3.4% in February, according to official figures charting a big contribution from food costs.Data from the Office for National Statistics (ONS) showed an easing in the headline measure from the 4% rate recorded the previous month to a level last seen almost two-and-a-half years …
Business
Sky News
Aldi’s ‘cheapest Christmas dinner’ ad misled shoppers, says watchdog
Aldi’s claim it was the “home of Britain’s cheapest Christmas dinner” was found to be misleading after rival supermarket Sainsbury’s reported it to the advertising watchdog.It claimed consumer group Which? had found Aldi’s Christmas dinner came in at over 20% cheaper than what was on offer at Sainsbury’s. The four-page wrap-around newspaper ad, published on …
Business
Sky News
It’s hard to see a dramatic change from Tory policy in Rachel Reeves’s rite of passage speech
The Mais lecture has become a kind of rite of passage for all aspirant chancellors.This annual speech, held at the Bayes Business School in the City of London, was where Nigel Lawson laid out his thinking about reforming the economy in the 1980s. It was where George Osborne provided his plan for his first 50 …
Business
Euro News
Unilever creams off specialist unit as it cuts 7,500 jobs
Business
Sky News
‘Take it down!’: JD Sports under fire after ‘irresponsible’ advert showing motorcyclists wearing trainers
JD Sports has come under fire after posting an “irresponsible” advert showing motorcyclists wearing trainers.The Advertising Standards Authority (ASA) said it had received 41 complaints about the social media adverts promoting Nike Air Max 95s in which bikers are seen performing stunts such as wheelies. The footage carried the disclaimer “stunts performed by professionals – …
Business
Euro News
Commission backs use of farmland for aviation fuel production
Business
Euro News
Spotify faces the music with billion-dollar payouts

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