Finance

771
Boris Becker no longer bankrupt
Former Wimbledon champion Boris Becker’s bankruptcy has officially ended, after a UK judge found he had done "all that he reasonably could do" to fulfil his financial obligations.
786
Whitbread, owner of Premier Inn, to cut 1,500 jobs while expanding hotel business
Premier Inn owner Whitbread is set to axe around 1,500 UK jobs as part of plans to build more hotel rooms and slash its chain of branded restaurants by more than 200.
777
Ireland benefits from €700m Brexit windfall through customs duties
Dublin records near-doubling of tax revenue from duties on imports of clothing, food and other goods from Great Britain
706
Brewing giant Heineken has cut down an orchard to sell the land
The UK’s largest cider maker has chopped down a huge orchard, sparking fears for wildlife as it is a natural bird habitat.
784
Makers of Blackpool rock express concerns about the future of the traditional confection
The "heritage and tradition" of Blackpool rock is under threat from an influx of "inferior" Chinese imports and a shortage of skilled workers, the town’s manufacturers have said.
773
Tesla reduces prices in significant markets as sales decline
Tesla has cut its prices again in a number of major markets - including the US, China and Germany - as the electric car giant run by multi-billionaire Elon Musk faces falling sales.
688
Peter Murrell police charge ’incredibly difficult’ - Nicola Sturgeon
Former first minister Nicola Sturgeon has described allegations that her husband embezzled funds from the SNP as "incredibly difficult".
818
High street bank with 2.6m customers set to be sold to rival in £780 million landmark deal
Talks of the potential merger have been ongoing since December 2023
608
UK inflation has decreased by a smaller margin than anticipated, reaching 3.2%, which dampens hopes for a rate cut
Predictions for when Bank of England will start lowering cost of borrowing pushed back
678
Wheel maker BIL Group buys Varley Castors to create largest group of its kind in the UK
BIL is owned by Daresbury’s PHD Industrial Holdings group
686
Revolution Bars could close 18 sites under major overhaul plans
The group, which also owns chains including Peach Pubs and Revolucion de Cuba, said it has been hit by cost-of-living pressures and regular train strikes affecting its younger customer base.
699
The IMF warns that using industrial policy to enhance innovation is not a panacea for addressing slow economic growth
Aggressive government intervention could create expensive mistakes and prompt subsidy battle
754
Fears for thousands of pubs as Slug and Lettuce owner battles major £2billion debt pile
Stonegate Pub Company, which has a network of more than 4,400 UK pubs and bars including Slug & Lettuce, has said there is a risk that its debt cannot be refinanced by its July 2025 deadline
762
Price of gold hits record levels gripping global markets with 14% rise since the New Year
Gold is famously seen as a ’safe haven’ for investors
901
Ted Baker to close 15 stores starting in days
See the full list of shops closing below
791
Food inflation drops to lowest level in two years – but chocolate hits record high just before Easter
Plus two high street giants are cutting down their number of stores
899
UK goods face new Canada tariffs in latest Brexit trade blow
Hopes of a last-minute resolution have been dashed.
685
Barclays, NatWest and Lloyds customers issued warning in 388 towns
Labour has warned that many communities have been turned into ’banking deserts’ as branches disappear from high streets without there being any alternatives nearby
818
UK factories report first growth in nearly 2 years, PMI survey shows
British manufacturers reported their first overall growth in activity in 20 months in March thanks to recovering demand in their home market, according to a survey that added to signs that last year’s shallow recession has ended.
715
UK taxpayers could be hit with huge price rises after Thames Water investors refuse to save struggling firm
It is now likely that the Government will have to step in for the water firm via a special administration
648
Britain’s The Independent signs deal to take control of BuzzFeed UK
British media group The Independent will take control of BuzzFeed’s (BZFD.O), opens new tab editorial and commercial operations in the UK and Ireland in a multi-year licensing deal, the companies announced on Thursday.
706
Bank of England set to kick off cyber ‘stress test’ of UK’s financial system within days
A major attack on a European financial services payments system could lead to losses of £762billion, according to Lloyds of London
735
John Lewis denies staff their bonuses AGAIN- and warns of job losses as retail giant plans robot workers
Reports suggest another 11,000 staff could go in the next five years
555
Vodafone and Three merger could lead to ’higher prices and ’reduced quality’, warns watchdog
The two mobile firms have argued the deal will allow them to increase investment and better compete with major rivals, EE operator BT and Virgin Media-O2