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19.02.2024 - 08:17
Business
Sky News
Currys may face bidding war as China’s JD.com joins interest
A bidding war for Currys could be on the cards after a second declaration of takeover interest.China’s e-commerce platform JD.com, not to be confused with UK-based JD Sports Fashion, confirmed on Monday it had held preliminary talks with the electricals retailer. Its statement said that “it is in the very preliminary stages of evaluating a …
19.02.2024 - 06:09
Business
Sky News
Hospitality demands VAT cut as National Living Wage hike looms
Hospitality industry bodies have united to demand action from the chancellor as firms continue to struggle under a weight of costs in the tough economy.A survey by UKHospitality, the British Beer and Pub Association, British Institute of Innkeeping and Hospitality Ulster found that a quarter of operators have no cash reserves left after years of …
18.02.2024 - 15:46
Business
Sky News
Badenoch hits back at former Post Office boss in Horizon compensation row
Business Secretary Kemi Badenoch has hit out at the former Post Office chairman after he alleged he was told to “stall” spending on compensation for Horizon scandal victims ahead of the next general election.Henry Staunton, who was ousted by the business secretary last month, used an interview with The Sunday Times to suggest that the …
18.02.2024 - 03:09
Business
Business Live
Keepmoat joins developer rivals in optimism about housing market
Confidence is creeping back into first time house buyers, the boss of a prominent housebuilder’s North East business has said. Ian Worgan, the regional managing director of Keepmoat, says the firm is optimistic in 2024 as it reads positive signals in the early part of the year driven by easing affordability issues and falling inflation. …
18.02.2024 - 02:45
Business
Evening Standard
UK’s biggest banks set to report record annual profits
17.02.2024 - 09:49
Business
Sky News
Waterstones-owner Elliott plots £700m takeover bid for high street giant Currys
Elliott Advisors, the owner of Waterstones, is plotting a £700m takeover of Currys, the London-listed electrical goods retailer.Sky News has learnt that Elliott, best-known for its activist sieges against the boards of some of the world’s largest companies, is working on a bid for one of Britain’s best-known high street names. This weekend, it was …
17.02.2024 - 06:27
Business
Business Live
Goole tax site gets Government sign off to strengthen Humber Freeport
Government designation has come to Goole’s freeport tax site in a milestone that opens up a range of financial benefits to firms locating there. The 500 acres of development land forms part of Humber Freeport and has been officially signed off by the Treasury and HM Revenue & Customs, having been submitted for review last …
16.02.2024 - 21:50
Business
Evening Standard
Lockdown backers to blame for UK recession, suggests minister
16.02.2024 - 12:50
Business
Euro News
France’s EDF returns to profit as nuclear power generation rebounds
16.02.2024 - 10:10
Business
Evening Standard
‘Simpler fares’ trial adds more than £100 to cost of some train journeys
16.02.2024 - 09:52
Business
Business Live
Pub operator Liberation Group makes changes to board
South West pub operator and brewer Liberation Group has announced two changes to its senior leadership team. The company, which also owns Butcombe Pubs and Inns and Butcombe Brewing Co, has appointed Jayson Perfect as chief operating officer and Jamie Queen as chief growth officer. The business said the duo would help drive growth and …
16.02.2024 - 09:14
Business
Sky News
Energy bills set to fall by almost £300 a year to cheapest in two years
Energy bills are projected to fall by an average of 15% – equivalent to £293 in annual savings – as a mild winter meant high gas storage levels. A closely watched forecast by Cornwall Insight indicates energy bills from April to June will drop to £1,635 a year for the typical user. By comparison, average …
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