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Former BP boss stripped of £32m over office romances row
The former boss of BP will forfeit more than £32m in actual and potential pay for “misleading” its board over workplace relationships, the company has announced.It comes after Bernard Looney stepped down as the oil giant’s chief executive in September following allegations that he failed to fully disclose details of romances with colleagues. The figure …
Business
Euro News
Anti-money laundering talks collapse amid rifts on football, super-rich
Business
Sky News
Stock markets rise as US eyes interest rate cuts ahead
Stock markets have soared globally after the US Federal Reserve hinted that interest rate cuts lay ahead – a signal that is unlikely to be repeated on this side of the Atlantic.The FTSE 100 was almost 2% higher – aided by a weakening dollar – while the more domestically focussed FTSE 250 was 3% up …
Business
Euro News
Airbnb to pay €567 million to settle Italian tax probe
Business
Euro News
House prices continue to rise in Ireland – where’s best to buy?
Business
Evening Standard
Mastercard and Visa face cross-border fee caps after ‘unduly high’ increases
Business
Business Live
Law Firm Osborne Clarke advises on geothermal investment
International law firm Osborne Clarke has advised Foresight Energy Infrastructure Partners on an investment into a geothermal energy company. 85 Degrees Renewables. The firm, which has its headquarters in Finzels Reach, Bristol, has advised Foresight on its investment in 85 Degrees Renewables to fund a 61.8 MW geothermal energy project in the Netherland’s South Holland …
Business
Sky News
Visa and Mastercard facing UK cap on ‘unduly high’ fees
Visa and Mastercard are facing the prospect of a cap on so-called interchange fees charged on transactions made between the UK and continental Europe.The Payment Systems Regulator (PSR) said on Thursday it was proposing the return of a cap, which ceased to apply in the UK when Brexit was completed, after finding both companies had …
Business
Sky News
Boss of Ladbrokes and Coral owner quits after firm’s £585m bribery probe payout
The chief executive of Entain, the parent firm of gambling brands including Ladbrokes and Coral, has quit with immediate effect just weeks after the company agreed a £585m payout to settle a bribery probe.A statement to the City on Wednesday morning said Jette Nygaard-Andersen had decided to step down and Stella David, currently a non-executive …
Business
Sky News
Millions of households to get £299 payment in February
Around eight million eligible households across the UK will receive a £299 cost of living payment in February, the government has announced.The payment will be made to people on eligible means-tested benefits between 6 and 22 February and is part of a wider support package for households. It is one of three means-tested cost of …
Business
Sky News
Netflix reveals its most-watched show – users spent 812 million hours glued to it
Viewers spent 812 million hours watching The Night Agent, Netflix has revealed – after releasing its audience viewer data for almost its entire catalogue for the first time.The conspiracy thriller starring Gabriel Basso was followed by the second season of Ginny & Georgia, with 665 million hours viewed, and The Glory, which was watched for …
Business
Sky News
UK economy in surprise decline in October, figures show
The UK economy took a surprise tumble in October, according to an early official estimate that showed a contraction of 0.3%.The Office for National Statistics (ONS) reported output in all three main divisions – services, manufacturing and construction – was in negative territory. Economists had expected a flat performance, following on from the 0.2% growth …

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