All news on the topic: Business
539
British manufacturer TI Fluid Systems agrees to a £1bn takeover by a Canadian rival
It marks the latest loss for the London Stock Exchange amid a flurry of takeover deals and speculation this week.
659
Money trail raises questions about deposed Bangladeshi elite’s £400m UK property empire
Associates of former Bangladeshi PM Sheikh Hasina have spent millions buying up top-flight property assets in the UK
752
Bank of England warns about risks from increasing global trade barriers
The Bank of England warned on Friday that higher trade barriers could hit global growth and feed uncertainty about inflation, potentially causing volatility in financial markets and pushing up borrowing costs for businesses and consumers.
806
London rents rise again as Savills warns of double-digit increase across the UK
Analysts have warned rents are being pushed to unsustainable levels amid another yearly jump and concerns there is no natural plateau in sight.
735
FTX files lawsuit against Binance over transactions linked to Sam Bankman-Fried
Collapsed crypto hedge fund FTX has launched legal action against the largest cryptocurrency exchange Binance, seeking the return of almost $1.8bn (£1.4bn) allegedly transferred fraudulently.
851
Rachel Reeves faces backlash over inheritance tax hike, accused of neglecting small family businesses
Chancellor also criticised for letting the very rich off the hook with a lower than expected rise in capital gains tax
694
Minimum wage workers receive largest pay increase ever in the Budget
Millions of workers on the minimum wage and living wage will be handed a pay boost at tomorrow’s Budget, the government has announced.
821
Employment Rights Bill to cost firms £5bn annually, but gains will justify it, says government
The Department for Business and Trade has said the benefits of the employment rights bill will justify the costs it will impose on business amounting to nearly £5bn per year.
959
Ministers explore handing Post Office to sub-postmasters
Ministers are exploring plans to hand ownership of the Post Office to thousands of sub-postmasters across the UK, sources have told the BBC.
600
Report reveals decline in number of female business leaders in Britain in 2024
The number of women who hold executive reins in corporate Britain has fallen for the first time in eight years in an "unacceptable" reversal that could delay gender parity for another five generations, a consultancy said on Thursday.
836
CPS offers plea deals to Entain suspects before deciding on charges
The Crown Prosecution Service (CPS) has offered plea discussions with suspects from Entain as it gears up to make charging decisions by the end of the year.
785
Sainsbury’s in the UK sells its cash machine business
British supermarket group Sainsbury’s (SBRY.L), opens new tab said it has sold its cash machine operation in a further move to simplify its banking business and reduce costs.
692
Big banks, oil companies, and tech firms lobby at Labour’s business day event
More than 500 lobbyists and executives flock to access ministers at party’s biggest ever business event at conference
750
Figures reveal that fifty pubs per month closed during the first half of the year in England and Wales
Number of pubs open fell to 39,096 by end of June and experts say tax rises in 2025 could result in more closures
863
A US firm is threatening legal action against a Brixton-based company for using "Brixton" in its name
A London business and ‘community hub’ is raising money to try and fight legal action from an American company over its name.
995
Could Reeves impose the UK’s most punishing capital gains tax in Europe?
“We have no plans to raise capital gains tax,” came the reply as Rachel Reeves was quizzed on her tax plans on the campaign trail in June.
635
UK’s Aviva conspired to dodge India compensation and tax rules
An Indian tax agency has found that British insurer Aviva (AV.L), opens new tab breached local regulations capping commissions to sales agents with a system of fake invoices and clandestine cash payments, according to a notice seen by Reuters.
805
McDonald’s aims to create 24,000 jobs with expansion in the UK and Ireland
US fast-food firm to open more than 200 restaurants as part of £1bn plan that will focus on high street locations
770
Investors urge Glencore to abandon spin-off plans for coal division due to pollution concerns
More than 95% of investors urged commodities firm to keep highly profitable fossil fuel arm to help maximise shareholder cash
673
Two City firms collaborate to invest £20bn of pension funds in UK businesses
Phoenix Group and Schroders will target fast-growing green energy, windfarms, solar, property and small business
849
Europe’s €10 trillion gamble
From Athens to Berlin, governments are coalescing around an idea to turbocharge the economy. If successful, it could be transformative ― but it’s a big if.
914
McDonald’s sales fall for first time since 2020, as higher prices deter consumers
McDonald’s global same-stores fell for the first time in nearly four years in the second quarter as inflation-weary consumers skipped eating out or chose cheaper options.
883
Carpetright on brink of collapse putting 1,800 jobs and 270 stores at risk
The move does not mean Carpetright has fallen into administration, filing a notice of intent to appoint an administrator is a move retailers can make to prevent the company from going bust
892
Tyson Fury’s business empire is now worth over £80 million following remarkable growth
Tyson Fury has enjoyed yet another incredible financial year thanks to some big fights in Saudi Arabia and his mega-fortune keeps on rising as he continues to delay retirement
658
There is ’disbelief’ as US-UK trade deals are under threat after Britain dismissed its negotiators
Business community decries ‘act of arson’ as one-sixth of trade posts within British consulates in the US are scrapped
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