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Fashion giant Shein could spark a revival in the City with the biggest ever...
FAST fashion giant Shein could spark a revival in the City with the biggest ever listing in London after butting heads with regulators in New York.Bosses at the Chinese firm — valued at £32billion...
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Halfords slashes profit forecasts as cost of living crisis deters customers...
THE wheels came off Halfords today — one of three companies to disappoint with a profit warning.The bike and garages chain lost over a quarter of its value after spooking the City, while Cillit...
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Online retailer Ocado threatens to sue UK supermarket giant in a row over...
THE boss of Ocado has threatened to take partner Marks & Spencer to court in a row over an outstanding payment.M&S food became available online for the first time when it bought half of Ocado...
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House prices 0.7% higher than last year as first annual growth is recorded
HOUSE prices are more expensive than they were a year ago, the first time annual growth has been recorded in over a year.Figures from Nationwide showed they were 0.7 per cent higher this February than...
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Easter eggs shrunk in size AND hiked in price as cost of cocoa hits 40-year high
CHOCOLATE manufacturers are shrinking Easter eggs and hiking prices — because the cost of cocoa has hit a 40-year high.Storms and disease have clobbered crops in Ghana and the Ivory Coast in West...
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Thousands of Greggs staff to get £700 bonus after fast food chain’s record...
THOUSANDS of Greggs staff will get a bonus of more than £700 after the baker made record profits last year.The high-flying chain will split £17.6million between 25,000 employees who have worked there...
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London Stock Exchange becomes car boot sale for foreign buyers amid flurry of...
THE London Stock Market has become a car boot sale for foreign buyers looking to snatch a bargain.British tech firm Spirent Communications is the latest company to fall prey to an overseas bidder —...
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What Jeremy Hunt’s Budget did and didn’t do for British businesses
BUSINESS was underwhelmed by yesterday’s Budget — aimed to appeal to the City.London stock markets rose and the pound lifted showing the markets were pleased that Jeremy Hunt had been...
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High street bank with 6.6million customers to be sold to rival in £2.9billion...
VIRGIN Money has agreed to a takeover by Nationwide Building Society in a £2.9billion deal, the lenders have announced.Nationwide said the merger would enable the company to provide members with a...
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Major high street bank with 18million customers AXES popular payment method
A HIGH street bank is getting rid of a popular payment method for all customers in the spring.Natwest is preparing to axe its Buy Now, Pay Later (BNPL) option less than two years after launching it,...
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Boots HQ staff ordered back to the office five days a week
STAFF at Boots HQ have been ordered back to the office five days a week.The pharmacy and retail chain’s managing director Seb James told employees that he wanted the office to be the “normal place of...
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Scathing report into sexism in the City finds lack of progress in tackling...
A SCATHING report into sexism in the City found a lack of progress in tackling harassment and bullying of women.The Commons Treasury Select Committee launched an investigation after claims of sexual...
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New BP boss lands 20 per cent salary boost to £8m as oil giant’s profits soar
BP’s new boss has pocketed an £8million pay packet after the oil giant’s profits gushed even higher.The huge award to Murray Auchincloss shows “the sickening reality of our broken energy system”, say...
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Takeover drama at Currys cools as US bidder walks away after cut-price bid of...
THE takeover drama at Currys cooled yesterday as US bidder Elliott Advisors walked away. It had tried to take the fridges-to-computers electrical chain private with a cut-price bid of...
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Metro Bank ending seven-day operation that set it apart from rivals — with...
Metro Bank is ending the seven-day operation that set it apart from its rivals — and 1,000 jobs are being slashed.The high street lender — saved in a £925million rescue deal last October — will no...
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John Lewis denies staff their bonuses AGAIN- and warns of job losses as...
JOHN LEWIS has denied staff their cherished bonus again — and warned yesterday there may be more job losses as it battles to revive its fortunes.The employee-owned retail group, which has 70,000 staff...
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Competition watchdog to probe proposed £2.5billion takeover of housebuilder...
THE competition watchdog is set to sink its teeth into the proposed £2.5billion takeover of housebuilder Redrow by rival Barratt.The deal, which was announced last month, would cement Barratt’s status...
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Rishi Sunak launches scheme to boost apprenticeships for small firms – amid...
RISHI Sunak and Kemi Badenoch yesterday launched a charm offensive on small firms, amid accusations the Government prioritises big business.The Prime Minister and his Business Secretary unveiled plans...
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Unilever set to spin off ice cream brands Magnum, Walls & Ben and Jerry’s as...
UNILEVER is spinning off its Magnum, Wall’s and Ben & Jerry’s ice cream business and wielding the axe on 7,500 jobs.The shake-up comes as new boss Hein Schumacher tries to reinvigorate the consumer...
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Marks and Spencer closures – which M&S stores are shutting and are there any...
MARKS and Spencer has shuttered dozens of stores in recent years in a blow for shoppers.The posh retailer has 405 stores across the country and is a staple of the high street.Marks and Spencer has...
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