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Sky News
Millions of phone users could be owed £1,823 compensation as four mobile firms sued
Vodafone, EE, Three and O2 are facing a “£3bn-plus” class action claim that alleges they used their market dominance to overcharge on up to 28.2 million UK mobile phone contracts.The four largest network operators are accused of penalising loyal customers – meaning they paid more than new customers for the same services. Many contracts involve …
Business
Sky News
Coco di Mama owner to test bidders’ casual dining appetite
One of Britain’s biggest casual dining operators is to begin testing buyers’ appetite for a deal next year in a move that could see chains such as Ask and Coco di Mama changing hands.Sky News has learnt that Azzurri Group, which is owned by Towerbrook Capital Partners, has begun talks with investment bankers about an …
Business
Euro News
The New Silk Road: What is it and why has Italy abandoned the project with China?
Business
Business Live
Bristol university spinout secures £8.5 million to open new site
A spin-out from the University of Bristol has secured £8.5m to open its third deep tech incubator in the city. The investment in Science Creates, backed by Research England, part of UKRI, and the University of Bristol, will see a 30,000 sq ft building to provide support for roughly 275 new companies across the South …
Business
Sky News
Rees-Mogg’s investment management firm to shut
The investment management firm co-founded by Tory MP and former business secretary Sir Jacob Rees-Mogg is to be wound down.Somerset Capital Management is understood to have taken the decision after the loss of its largest client, wealth management powerhouse St James’s Place, last month. That built on earlier outflows.It meant that around two-thirds of Somerset’s …
Business
Evening Standard
UK consumer woes will continue through 2024, says Watches of Switzerland
Business
Sky News
McDonald’s to test new coffee shop-style stores
McDonald’s is testing a coffee shop-style restaurant that puts it in competition with the likes of Starbucks.It’s opening the first CosMc’s in Illinois this month – with the aim of having 10 in the US by 2024 – mainly in Texas to begin with. CosMc’s is described as a “beverage-led concept” that’s “inspired by nostalgia” …
Business
Sky News
Cash use grows for first time in 10 years as people pay closer attention to household budgets
Cash usage has grown for the first time in a decade as households look to balance their budgets amid the cost-of-living squeeze.Across the UK, coins and banknotes accounted for nearly a fifth (19%) of transactions in 2022, according to the British Retail Consortium (BRC) annual Payments Survey. Its report said: “This year’s Payments Survey shows …
Business
Euro News
European governments seek to unshackle from UK financial infrastructure
Business
Euro News
Electric vehicle sales between UK and EU escape tariff charges – for now
Business
Euro News
Jobs at risk as eurozone construction sector continues to struggle
Business
Sky News
‘Unreliability is creeping up’: What it’s like travelling on some of the worst rail routes for delays and cancellations
“The last thing I do before going to sleep at night is check the trains to see whether they’re running on time and then the first thing I do in the morning, before I reach for a cup of tea, is pick my phone up and check again. And then you can still get to …

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