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Sky News
Debanking fears as over 140k business accounts closed in a year
MPs have raised concerns over the treatment of small businesses by major banks after figures showed more than 140,000 accounts were shut down by lenders over the past year.As part of an inquiry into access to finance, the Treasury Committee gathered information from eight banks, including the so-called big four, on how many business accounts …
Business
Euro News
Sony to cut about 900 PlayStation jobs as gaming layoffs continue
Business
Sky News
Hunt urges Shein boss to pursue blockbuster London float
Jeremy Hunt has held talks with the boss of Shein, the Chinese-founded fast fashion giant, in a bid to persuade the company to commit to what would be one of London’s biggest-ever corporate flotations.Sky News can exclusively reveal the chancellor met Donald Tang, Shein’s executive chairman, this month as part of British regulators’ and government …
Business
Sky News
Predator Elliott returns with £750m bid for electricals chain Currys
The investment firm which owns Waterstones has returned with a second offer for Currys, the electrical goods chain, amid investor hopes of a rare bidding war for a London-listed company.Sky News has learnt Elliott Advisors has tabled a marginally improved bid that insiders said was highly likely to be rebuffed by Currys’ board. City sources …
Business
Evening Standard
M&S to pay London shop assistants £13.15 an hour and bring in paid paternity leave
Business
Sky News
Bill to compensate Post Office victims will be more than £1bn
More than £1bn will be spent on compensating victims of the Post Office’s faulty Horizon IT software, according to a senior civil servant. Only the taxpayer is currently lined up to foot the bill, Carl Creswell, director of business resilience at the Department of Business and Trade, told MPs on the Business and Trade Committee. …
Business
Business Live
Butcombe Brewery launches own-flavour crisps
South West brewery Butcombe has launched its own flavour of crisps. The company’s new steak and Butcombe ale pie crisps will be available in its pubs and inns around the UK from March 1. Butcombe worked in partnership with The British Snack Company to develop the crisps, with its chefs and brewers trialling various flavour …
Business
Euro News
Jacob Rothschild, financier from family banking dynasty, dies at 87
Business
Sky News
Food and fashion push retail inflation towards ‘two-year low’
The annual rate of shop price inflation has eased to its lowest level for almost two years, according to an industry reading that credits food and fashion prices.The British Retail Consortium (BRC)-Nielsen Shop Price Index showed the pace of price increases slowed to 2.5% over the 12 months to February from 2.9% the previous month. …
Business
Euro News
What are shadow banks and why are they failing in China?
Business
Euro News
French family car wins ‘Car of the Year 2024’ award
Business
Sky News
‘Real danger’ UK economy will miss out without green plan – economists warn
The UK will “miss out” on economic growth unless it finally comes up with an industrial strategy to green the economy, the leading business group has warned.As the UK economy has stagnated in recent years, the value of green industries like renewables, eco-friendly heating and energy storage is growing and will help unlock further cash …

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