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UK and Europe must boost arms spending and not trust Russia, warns boss of...
THE boss of Britain’s biggest defence firm, BAE, says Russia is not to be trusted and the UK and Europe must boost arms spending.Chief executive Charles Woodburn told The Sun that even amid peace talks...
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Lloyds put aside £1.2BILLION to cover potential claims in car finance scandal...
LLOYDS BANKING GROUP has had to shift gears and put aside £1.2billion to cover potential claims from drivers for its part in the motor finance scandal.The sum is £700million more than it expected to be...
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Hospitality bosses slam plans to introduce compulsory tourist tax across England
Hospitality bosses have slammed plans to introduce a tourist tax across England. Andy Burnham, Greater Manchester Mayor, this week suggested that an existing optional fee in some Manchester city centre...
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B&M Bargains’ boss departs as big profit warning raised questions about...
B&M BARGAINS’ boss has checked out — as a big profit warning raised questions about his leadership of the firm.The discount retail chain yesterday tried to position Alex Russo’s exit as retirement...
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Budget’s national insurance hike is an indirect tax on skills and training,...
THE Budget’s tax raid on business is going to be challenging for all firms.But the national insurance hike is an indirect tax on skills and training — the very things we need to fuel economic...
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BP DITCHES green targets and makes screeching U-turn back to oil & gas after...
ENERGY giant BP has axed its green targets and shifted back to oil and gas — admitting that its move to Net Zero was “misplaced”.The firm has scaled back investment in renewable projects by 70 per...
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Vauxhall owner Stellantis’ profits tumble by 70% as Aston Martin delay...
THE challenges facing the car industry in its switch to electric were laid bare yesterday with a double dose of bad news.Vauxhall owner Stellantis, which last year caused shock waves by shutting its...
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From Rolls-Royce soaring to Ocado dipping – more than a dozen FTSE firms...
MORE than a dozen FTSE companies dumped their figures on the City yesterday to comply with rules to report within three months of their annual results.The “Super Thursday” trend started because boards...
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British Airways owner IAG sees profits soar as fuel costs fall and passenger...
PROFITS took off at BRITISH AIRWAYS owner IAG last year as fuel costs shrank and it made more money from customers.Passenger revenue increased by 3.1 per cent, while fuel overheads fell by 5.2 per...
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Defence spending hike will create jobs boom for next generation, says Sir...
TRAINING students to work in the defence industry will boost security, the economy and job opportunities, the PM reckons.Sir Keir Starmer yesterday hailed his move to hike defence spending by £6billion...
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Small businesses will benefit from increased govt defence spending, Rachel...
SMALLER British firms will see increased government spending funnelled towards them to create more innovative weapons, Rachel Reeves said yesterday.The Chancellor pledged to “fire up” the British...
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Woke financing rules must change, says Rachel Reeves as red tape puts defence...
WOKE financing rules must change, Rachel Reeves told The Sun last night, as British defence firms warned red tape was putting them at risk of collapse.With global tensions running high, the Government...
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Struggling Poundland set to be sold by its owner within the next six months
POUNDLAND looks set to be flogged by its current owner in the next six months.Polish retailer Pepco Group said it plans to unload the struggling budget chain by September.GettyStruggling Poundland...
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From teaching young girls about money to plugging pension gaps – how to fix...
MILLIONS of women are financially much worse off than their male counterparts – just because of gender. This disparity starts in childhood and continues to old age. ShutterstockMillions of women are...
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Future of Boots once again uncertain following £7.8billion takeover of its US...
THE future of Boots is again uncertain following a £7.8billion takeover of its US owner by a private equity firm.Pharmacy giant Walgreens Boots Alliance announced late on Thursday it had been acquired...
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Travis Perkins rocked as new boss Pete Redfern steps down after just six...
Travis Perkins has been left reeling after new boss Pete Redfern was forced to step down due to ill health, after just six months in the job.Shares in the builders’ merchant fell by 8 per cent...
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Debenhams returns as Boohoo takes the bust department store’s name
DEBENHAMS is back as fast-fashion retailer Boohoo takes the bust department store’s name.The online group yesterday shocked the City by announcing the decision alongside a radical overhaul of its...
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City’s top two regulators follow Trump’s lead by ditching plans to bring in...
THE CITY’S top two regulators have ditched plans to bring in diversity, equity and inclusion rules in the latest sign of the death of DEI in a post-Trump world.It was announced in a bonfire of red tape...
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Iceland is now UK’s biggest recruiter of former offenders and is helping...
ICELAND is now the UK’s biggest recruiter of former offenders and is ramping up plans to help other major companies employ prison leavers.In the last 2½ years, the frozen foods retailer has conducted...
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Asda aims to win shoppers back with new strategy to cut brand prices
ASDA will win shoppers back by being an “online discounter” and selling the cheapest branded goods and petrol, its boss says.Executive chairman Allan Leighton told The Sun yesterday it was critical for...
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