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Evening Standard
London Stock Exchange eyes private companies to drive growth
Business
Sky News
Why the war in Ukraine is leading to global food shortages
The knock-on effects of Vladimir Putin’s war on Ukraine are being felt far and wide. An example is how consumers are having to pay more to heat their homes and drive their cars due to higher oil and gas prices. That is painful enough in developed countries like the United States and United Kingdom.Russia-US relations …
Business
Sky News
Camelot fined more than £3m over series of National Lottery errors
National Lottery operator Camelot has been fined £3.15m for three technical glitches on its mobile app which affected tens of thousands of players.In the first error, 20,000 users were told their winning tickets were in fact losing tickets when they scanned a QR code between November 2016 and September 2020, according to the Gambling Commission. …
Business
Sky News
Energy companies ‘playing fast and loose’ as they double direct debits, Martin Lewis tells MPs
Energy suppliers are “playing fast and loose” with household direct debit increases and should face a crackdown, personal finance expert Martin Lewis has told MPs.Tariffs have been rising sharply and with the Ofgem price cap due to increase by 54% in April and likely to go up again in October, firms have been asking customers …
Business
Evening Standard
No end in sight for inflation as 8 in 10 factories predict more price rises
Business
Sky News
Gazprom UK trading arm’s chiefs seek buyout as insolvency looms
Executives at Gazprom’s British trading arm have approached the Russian state-backed energy company about a management buyout as it teeters on the brink of insolvency.Sky News has learnt that senior managers at Gazprom Marketing & Trading Retail, which supplies commercial customers including hospitals and local authorities across the UK, are hatching plans to acquire the …
Business
Evening Standard
Rishi Sunak: A good chancellor, all for reasons he hates
Business
Business Live
NatWest to offer ‘buy now pay later’ option to customers
NatWest is planning to enter the buy now, pay later (BNPL) market, meaning customers will be able to split purchases into several repayments. BNPL options often appear at online checkouts and they can help people avoid paying interest on their borrowing. NatWest said its proposition, which will launch in the summer, will give people the …
Business
Sky News
Replacing sacked P&O workers with £1.80-an-hour agency staff is ‘illegal’, union head says
The way P&O sacked 800 staff with the aim of replacing them with overseas agency staff was “illegal” and “one of the most shameful incidents in British industrial relations”, a trade union leader has told Sky News.Frances O’Grady, head of the Trades Union Congress, also called for the P&O Ferries staff sacked via Zoom on …
Business
Business Live
Screwfix owner removes Russian products as profits soar to £1bn
The parent company of Screwfix and B&Q has said it has removed Russian and Belarusian products from its shelves since the start of the war in Ukraine, as it reported soaring profits of more than £1bn. Kingfisher, which also owns DIY stores in France, Poland, Iberia and Romania, said it was in discussions with suppliers …
Business
Business Live
Plans for Wiltshire wartime airbase RAF Yatesbury submitted to county council
A plan to preserve an historic wartime airbase in Wiltshire by transforming the site into a neighbourhood of sustainable homes is being described as “the last chance to save it”. South Gloucestershire-based developer Stonewood Partnerships has submitted a planning application to Wiltshire Council for a scheme of 43 low-energy homes in and among refurbished buildings …
Business
Sky News
Sub-postmasters who launched Horizon scandal legal fight secure extra compensation
The Treasury has revealed that sub-postmasters who helped uncover the Post Office Horizon IT scandal are to secure additional compensation after their payouts were dwarfed by legal fees.Chancellor Rishi Sunak announced the move in the wake of a story by Sky News on Monday that the so-called ‘forgotten’ 555 victims would benefit from a new …

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