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Channel 4 reports biggest loss ever and calls for upcoming Budget to restore...
CHANNEL 4 yesterday reported its biggest loss ever — and called for this month’s Budget to restore business confidence.Boss Alex Mahon said: “That’s what advertisers need, that’s what consumers want,...
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Celebrity chef CLOSES seafront restaurant today after just three years as...
A CELEBRITY chef’s seafront restaurant is set to close today after three years of business.Michael Caines has shocked fans after announcing he is selling not just one but two of his popular...
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Tech giant Google faces being taken apart by US government as fears grow over...
GOOGLE faces being taken apart by the US government in what could be a dramatic break-up of one of the world’s biggest tech firms.The Department of Justice has said it is considering asking a judge to...
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Unilever finally pulls out of Russia – two and a half years after Putin’s...
UNILEVER is finally calling quits on selling ice creams to Russia, two and a half years after Putin’s invasion of Ukraine.The FTSE 100 giant has come under pressure for funding the Kremlin’s war by...
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Businessman Mike Ashley launches fresh £111million bid for luxury bag firm...
MIKE Ashley’s Frasers Group last night launched a fresh £111million bid for Mulberry — while fanning doubts about the luxury bag group’s survival chances.The move came hours after it emerged Frasers...
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Global investors pump £63billion into new infrastructure projects after...
GLOBAL investors welcomed the Government’s rallying cry that the UK was “open for business” by pumping £63billion into new infrastructure projects yesterday.Chancellor Rachel Reeves welcomed the...
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Chancellor Rachel Reeves tries to reassure tax-raid stressed entrepreneurs by...
THE Chancellor last night tried to reassure tax-raid stressed entrepreneurs by telling them: “You’ve got a friend in me.”Rachel Reeves turned on the charm at a summit that called for greater investment...
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Inflation dips to lowest level in three years after fall in petrol and diesel...
PETROL and diesel prices falling an average ten per cent have seen inflation dip to the lowest level in three years.Official figures yesterday showed consumer price inflation fell to 1.7 per cent in...
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Water giants want even more cash from hard-pressed customers – by adding £100...
WATER giants want to flush out even more cash from hard-pressed customers by adding another £100 to bills over five years.The biggest suppliers in England and Wales say they need price rises above the...
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Boohoo boss quits ailing fashion firm as it explores a break-up of its brands
THE boss of Boohoo is stepping down as the online retailer explores a break-up of its fashion brands.John Lyttle joined from Primark five years ago when Boohoo was valued at £3billion and one of the...
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Pubs and restaurants face ‘cliff edge’ unless Rachel Reeves axes looming tax...
PUBS and restaurants face a “cliff edge” unless Rachel Reeves axes a looming tax hike, anxious bosses have warned.Some 170 hospitality chiefs – including booze giants like Greene King, Fuller’s and...
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Celebrity-backed health tech firm Zoe launches second round of layoffs in six...
BRITISH health tech firm Zoe, championed by celebrities including Davina McCall, has launched a second round of layoffs in six months.Last year Zoe was deemed one of the fastest-growing firms in the...
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Britain’s biggest ‘buy now, pay later’ firm ‘saves customers nearly half a...
KLARNA, Britain’s biggest “buy now, pay later” firm, says it has saved customers nearly half a billion pounds in interest since its UK launch in 2014.Around 10million — more than a third of households...
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Major fund to boost women in business snubbed by big banks despite Chancellor...
A £250MILLION fund set up to boost women in business and backed by the Chancellor Rachel Reeves has been snubbed by City institutions.Only Barclays, asset manager M&G, bank Morgan Stanley, Visa and...
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Mike Ashley threatens WWE-style smackdown at Boohoo by demanding they make...
MIKE Ashley is threatening a WWE-style smackdown at Boohoo by demanding the retailer makes him chief executive.Just one day after dropping a separate £111million bid for Mulberry, the sportswear tycoon...
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Thames Water thrown £3billion lifeline to stop it running out of cash by...
THE UK’s biggest water company has been thrown a lifeline to stop it running out of cash by Christmas.Troubled Thames Water yesterday said it had secured a loan of up to £3billion.ReutersThames Water...
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Drinks giant makes last-ditch plea for Rachel Reeves to slash alcohol tax in...
DRINKS giant Diageo has made a last-ditch plea for Rachel Reeves to slash alcohol tax in tomorrow’s Budget — or risk 9,000 pubs closing.It has joined other industry leaders in urging the Chancellor to...
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Pre-budget jitters cause cost of government debt to creep higher
PRE-BUDGET jitters have caused the cost of government debt to creep higher.The rise comes despite the Chancellor desperately hoping to avoid a repeat of the meltdown that followed Kwasi Kwarteng’s mini...
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Firms big and small slam Chancellor Rachel Reeves for saddling them with...
FIRMS big and small have slammed the Chancellor for saddling them with extra costs in her Budget.They say Rachel Reeves’ hike in taxes, despite a vow to be “pro-business”, contradicts her growth...
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Budget has wiped more than £1billion off Britain’s biggest high street names
MORE than £1billion has been wiped off Britain’s biggest high street names as investors digested the Budget’s hit of higher employment costs.The move to hike employers’ National Insurance Contributions...
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