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26.01.2023 - 20:57
Business
Sky News
Boris Johnson earns nearly £1m in one month – and Matt Hancock’s I’m A Celeb fee revealed
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Boris Johnson earns nearly £1m in one month – and Matt Hancock’s I’m A Celeb fee revealed
Boris Johnson earns nearly £1m in one month – and Matt Hancock’s I’m A Celeb fee revealed
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26.01.2023 - 12:10
Business
Sky News
UK must respond as prospect of transatlantic trade war looms large
It is laughably misnamed – but there is nothing funny about Joe Biden’s Inflation Reduction Act if you are from outside the United States.The act, signed into law in August last year, has absolutely nothing to do with tackling the cost of living crisis. Rather, it is a gigantic piece of pump-priming, a $369bn package …
26.01.2023 - 11:51
Business
Sky News
Online retailer ASOS recruits company doctor to fashion turnaround
ASOS, the online fashion retailer, has drafted in a leading company doctor amid pressure from its lenders about the state of its balance sheet.Sky News has learnt that Scott Millar, a senior managing director at the professional services firm Ankura, has been appointed by ASOS to join its finance department. A source close to the …
26.01.2023 - 11:09
Business
Sky News
Asda shake-up risks job cuts and lower pay for 4,000 night workers
Asda’s owners have revealed a planned shake-up that places hundreds of jobs at risk and will see thousands moved to lower-paid roles.The UK’s third-largest grocery chain by market share said its changes were the result of an “efficiency” drive but they were met with stinging criticism by the GMB union. The company has proposed that …
26.01.2023 - 10:58
Business
Sky News
Ex-chancellor Philip Hammond says he would not have accepted job if taxes were under investigation
The former chancellor Philip Hammond said he would not have accepted the job if he was being investigated by the tax office.Asked by Sky News if it was “acceptable” that Nadhim Zahawi paid a penalty to HM Revenue & Customs to settle a tax dispute while in charge of the Treasury, Mr Hammond said: “My …
26.01.2023 - 10:18
Business
Business Live
Full list of 23 NatWest branch closures happening in 2023
NatWest is closing 23 more branches around the UK as more people move to banking online, it has confirmed. The high street lender announced on Thursday (January 26) it is shutting 21 sites in England and two in Wales in 2023. This is on top of the 43 closures the bank announced last October. The …
26.01.2023 - 10:09
Business
Evening Standard
Competition watchdog to scrutinise ‘green’ claims on household essentials
The competition watchdog is to scrutinise “green” claims used to advertise household essentials such as food, drink and toiletries to ensure shoppers are not being misled.The Competition and Markets Authority (CMA) said it was concerned many shoppers were being deceived and potentially paying a premium for products “that aren’t what they seem” as it launched …
26.01.2023 - 10:08
Business
Business Live
Under-fire TransPennine Express urged to hire more drivers after ‘abject failure’ accusation
TransPennine Express has been urged to hire more drivers after being accused of an “abject failure” to run trains. The rail operator is currently under fire for cancelling services and is facing calls to be nationalised. Mick Whelan, general secretary of Aslef, has written to MPs criticising the company for blaming train drivers for its …
26.01.2023 - 09:58
Business
Business Live
Life insurance ad featuring serial killer Harold Shipman attracts criticism
An online life insurance ad featuring the face of dead serial killer Harold Shipman has caused offence to some people. The advert for Leicester-based DeadHappy appeared on some Facebook feeds showing the former GP, dubbed ‘Dr Death’, and the words: “Life insurance. Because you never know who your doctor might be.” Shipman committed suicide in …
26.01.2023 - 09:53
Business
Evening Standard
Zahawi inquiry could conclude quickly amid pressure on Downing Street
The investigation into Nadhim Zahawi may conclude in as little as 10 days, according to some suggestions, as Downing Street continues to face pressure over the Tory chairman’s tax affairs.Rishi Sunak has ordered an investigation by Sir Laurie Magnus, his independent adviser on ministers’ interests, into whether Mr Zahawi broke ministerial rules over the estimated …
26.01.2023 - 09:52
Business
Evening Standard
The full list of 23 NatWest branches set to close
High street bank NatWest has said it will be shutting 23 branches in England and Wales.They will shut down between the end of April and the beginning of May, with two closure dates yet to be decided.As Lloyds, TSB and Barclays announced closures earlier this month, it means that 87 bank branch closures have been …
26.01.2023 - 09:48
Business
Evening Standard
TSB reveals record profits as higher interest rates bump up income
TSB Bank has revealed its highest pre-tax profits since relaunching in 2013 as increased lending and higher interest rates bumped up its total income to more than £1 billion.The high street bank said its statutory pre-tax profits hit £183.5 million over 2022, higher than the £157.5 million it saw the previous year.Total statutory income surged …
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