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18.09.2024 - 09:38
Business
Evening Standard
Asda co-owner Mohsin Issa steps back as hunt for CEO continues
Our unmissable weekly email of all the gossip, rumours and covert goings-on inside the Square MileSign upI would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice.Asda co-owner Mohsin Issa has confirmed he will step down from running the supermarket and will hand over the reins to chairman …
18.09.2024 - 09:01
Business
Sky News
Embattled Post Office chief executive Read resigns
Nick Read is to end his torrid tenure as chief executive of the Post Office as he prepares to give evidence to the inquiry into the Horizon IT scandal.Sky News has learnt that Mr Read, who took over five years ago, has decided to resign from the government-owned company. He initially stepped back temporarily from …
18.09.2024 - 07:35
Business
Sky News
What next for interest rates – as central banks try to avoid unnecessary pain
Inflation held steady at 2.2% in August, in line with expectations and confirming that, while prices and interest rates rose like a rocket, they will return to earth like a feather.The latest figures for the Office for National Statistics show goods prices finally falling – minus 0.9% in the year to August – but services …
18.09.2024 - 05:16
Business
Sky News
No change in inflation ahead of interest rate decision – but another measure ticks unexpectedly up
There’s been no change in the rate of price rises, official inflation figures showed. The rate of inflation stood at 2.2% in August, the Office for National Statistics said, the same as a month earlier. The announcement comes the day before interest rate setters at the Bank of England decide on the cost of borrowing, …
18.09.2024 - 05:11
Business
Sky News
End of ‘longest train drivers’ strike in history’, as new pay deal accepted
Train drivers have voted overwhelmingly to accept a multi-year pay deal, ending a two-year dispute at 16 rail companies. Members of the ASLEF union voted by 96% in favour of the pay rise, which is worth 15% over three years, the organisation said. Politics Live: Minister dismisses concerns over free Taylor Swift ticketsThe offer was …
18.09.2024 - 01:45
Business
Evening Standard
Inflation set to remain above 2% target in August, say experts
Our unmissable weekly email of all the gossip, rumours and covert goings-on inside the Square MileSign upI would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice.UK inflation is expected to remain above the 2% target when official figures for August are released on Wednesday amid a resurgence …
17.09.2024 - 23:01
Business
Evening Standard
Co-op launches 24-hour delivery service
Our unmissable weekly email of all the gossip, rumours and covert goings-on inside the Square MileSign upI would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice.Co-op is launching a 24-hour grocery delivery service to cater for increased demand from shift workers, parents and late-night revellers, it has …
17.09.2024 - 23:01
Business
Evening Standard
AI voice cloning scam warning issued by bank
Our unmissable weekly email of all the gossip, rumours and covert goings-on inside the Square MileSign upI would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice.Posting voice recordings online could potentially lead to scam attempts being made against family members and friends, a bank is warning.Voice cloning …
17.09.2024 - 23:01
Business
Evening Standard
Citizens Advice calls for end to ‘postcode lottery’ on social tariffs
Our unmissable weekly email of all the gossip, rumours and covert goings-on inside the Square MileSign upI would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice.A “postcode lottery” of social tariffs is leaving households missing out on almost £2 billion worth of support to pay their essential …
17.09.2024 - 23:01
Business
Evening Standard
Chocolate prices soar in bad news for Halloween revellers
Our unmissable weekly email of all the gossip, rumours and covert goings-on inside the Square MileSign upI would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice.Chocolate prices soared by 11% in the year to August in bad news for households ahead of Halloween, figures show.Costs have risen …
17.09.2024 - 15:51
Business
Sky News
Ministers step up bid to end ‘exploitative’ zero-hours contracts
Angela Rayner, the deputy prime minister, will hold talks with union bosses and business leaders on Wednesday as the government pursues its ambition of ending “exploitative” zero-hours contracts.Sky News understands that Ms Rayner, business secretary Jonathan Reynolds and Justin Madders, the employment rights minister, will meet representatives of major business groups including the CBI and …
17.09.2024 - 12:11
Business
Sky News
The Observer’s owner confirms sale talks with Tortoise Media
Guardian Media Group (GMG) is in talks to sell The Observer, the world’s oldest Sunday newspaper, to Tortoise Media, a start-up founded five years ago by a former BBC and Times executive.GMG confirmed on Tuesday afternoon an exclusive report by Sky News, that it was in negotiations with Tortoise Media about a sale of the …
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