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Wetherspoons reveals major plans to open franchise pubs abroad
WETHERSPOONS is plotting to open its cut-price pubs abroad, The Sun can exclusively reveal.Boss Sir Tim Martin said the chain is considering franchises overseas after a string of successful...
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Struggling Primark blasts Government as waning business confidence strangles...
PRIMARK has called on the Government to deliver “tangible” growth rather than “generic words” as waning confidence starts to strangle the economy.The fashion retailer yesterday posted a 6 per cent...
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Rachel Reeves’ Budget tax raid sparks fastest rate of job cuts since...
THE Budget tax raid on businesses has led companies to slash jobs at the fastest rate since the financial crisis, a survey shows.They are now cutting staff at the highest level since 2009, other than...
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Guinness could be sold for £8BILLION as owners prepare to cash in on...
GUINNESS could be sold off for as much as £8billion as parent company Diageo eyes cashing in on the surging thirst for the Irish stout.The stout has exploded in popularity in the past year – so much so...
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Struggling luxury brand Burberry’s return to outerwear roots comforts...
BURBERRY’S return to its outerwear roots has comforted investors who had cold-shouldered the brand.New boss Joshua Schulman is focusing a turnaround of the struggling luxury business on coats and...
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Stocks in Microsoft, Meta and more plunge as China launches rival AI app
MORE than a trillion dollars were wiped off some of the world’s biggest tech firms yesterday after markets were blindsided by a cheap Chinese AI start-up.Tech investors have been panicked after a small...
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Ineos Energy chairman blasts UK’s Net Zero dash and warns of power cuts and...
THE chairman of Ineos Energy has attacked the UK’s Net Zero dash, saying it risks inflation and inevitable “power cuts and strain on the grid”.The chemicals group has been investing in oil and gas...
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British business bosses say Reeves’ focus on growth doesn’t fix problems...
THE Chancellor’s focus on future growth doesn’t fix problems caused by her Budget, businesses insist.Rachel Reeves yesterday tried to swat away accusations she had talked down the economy, with upbeat...
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Kurt Geiger boss Neil Clifford reveals he used to clean toilets and sell...
CLEANING toilets and selling paraffin isn’t the usual path to becoming a CEO.But that was the route for Neil Clifford, who has been the boss of British shoe and handbag brand Kurt Geiger for the past...
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Asda facing £1.2billion payout to thousands of workers after losing crucial...
TENS of thousands of Asda workers could be set for a combined £1.2billion in back pay after the chain lost a crucial ruling in its long- running equal wage dispute.It has been battling claims since...
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Drinks giant Diageo could face whopping £160m profits hit if Trump goes ahead...
DRINKS giant Diageo has warned it could face a £160million hit to its profits if Donald Trump presses ahead with tariffs on Canada and Mexico.It is heavily exposed — with 42 per cent of its US revenues...
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Car giants pushing for Government to soften tough net zero rules
CAR giants believe they are close to convincing the Government to soften some of its tough net zero rules.Representatives from JLR, Ford, Vauxhall-owner Stellantis and Nissan met Transport Minister...
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Bank of England Governor Andrew Bailey answers YOUR questions from Rachel...
THE Bank of England yesterday lowered interest rates from 4.75 per cent to 4.5, while halving its growth forecasts amid fears about the economy.The Bank’s Monetary Policy Committee has to perform a...
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Electric car-charging firm boss admits company broke law a week after...
THE boss of an electric car-charging firm that last week received £55million from taxpayers has admitted it broke the law by deliberately not filing its accounts.Connected Kerb delayed filing to avoid...
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Builders say Labour’s housing targets cannot be met with 100,000 home...
THE UK risks building only half of the 300,000 homes targeted this year by the Government, according to a third of housebuilders.Only 2 per cent believed that the goal set by Deputy Prime Minister...
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Ladbrokes CEO breaks record for shortest-serving boss after abruptly leaving...
AlamyTHE CEO of Ladbrokes has been abruptly sent packing after less than six months — breaking the record for the shortest-serving boss of a FTSE 100 firm.Gavin Isaacs joined Ladbrokes and Coral owners...
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Rachel Reeves told to ‘work closer with business to fund infrastructure...
RACHEL Reeves should work closer with business to fund infrastructure projects rather than stretch public finances, a pensions firm boss has said.Andy Briggs, boss of FTSE 100 Phoenix Group, said there...
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Supermarket mega-mergers could soon happen after Government’s overhaul of...
MEGA-MERGERS between supermarkets could be on the horizon after the Government’s overhaul of the competition watchdog.The Competition and Markets Authority has been told to be more agile and tighten...
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Thames Water appeals Ofwat’s price cap – claiming hiking bills by a third...
Troubled Thames Water has launched an appeal against regulator Ofwat’s price cap, as it says hiking bills by a third over the next five years is not enough.Ofwat denied Thames’ request for a 53 per...
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Judge reluctantly approves £3bn Thames Water rescue package but slams...
A JUDGE slammed the “eye-watering” £210million paid to advisers working on Thames Water after reluctantly approving a £3billion lifeline.The restructuring plan for debt-laden Thames will see...
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