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Updated: 1 hour 37 min ago

HSBC boss Quinn to depart after 'intense' five years as profits ease

Tue, 30/04/2024 - 05:33
Noel Quinn, the chief executive of HSBC, is to retire following an "intense" five years in the role.

Monese founder to buy consumer arm in break-up

Mon, 29/04/2024 - 17:47
An HSBC-backed technology company which was in talks to raise funding at a valuation of over £1bn four years ago will this week confirm a plan to break itself up amid mounting losses.

Brexit border checks to 'add billions' to consumer bills

Mon, 29/04/2024 - 16:48
Border checks on food and plant imports will add billions of pounds to the cost of doing business with the European Union, industry figures have warned.

Rewards app ChaChing unveils plan to combat online 'stealth tax'

Mon, 29/04/2024 - 16:13
A new rewards platform backed by some of Britain's most prominent retailers and technology figures will be unveiled on Tuesday with a promise to aid consumers' fight against what it calls an online 'stealth tax'.

Lowest shop price inflation since December 2021 as some prices actually fall - industry data

Mon, 29/04/2024 - 16:11
Items bought in shops are becoming more expensive at the slowest pace in more than two years, according to latest industry figures which show that some prices are actually falling.

Profit warnings, motor insurance rises and the mental health of CEOs

Mon, 29/04/2024 - 12:46
Ian King discusses profit warnings, with nearly one in five UK-listed companies issuing one in the last year.

Getir ends European expansion with 1,500 UK job losses expected

Mon, 29/04/2024 - 11:05
Getir, the grocery delivery app, has abandoned a European expansion that is set to result in the loss of around 1,500 jobs in the UK.

Revealed: Partygate official's role in Daily Telegraph sale

Mon, 29/04/2024 - 09:58
One of the government officials caught up in the Partygate scandal which engulfed Boris Johnson's premiership is playing a key role in negotiating the future of The Daily Telegraph.

Heathrow strikes to cause 'widespread disruption'

Mon, 29/04/2024 - 09:00
Strikes at Heathrow Airport are taking place over the next few weeks, with the first one already under way.

Sony unit backs British insurance start-up Urban Jungle

Mon, 29/04/2024 - 08:56
A unit of Sony, the giant Japanese conglomerate, is investing millions of pounds in a British insurance start-up which has amassed more than 200,000 customers.

Devices with weak passwords to be banned in UK

Mon, 29/04/2024 - 08:40
Common and easily guessed passwords like 'admin' or '12345' are being banned in the UK as part of world-first laws to protect against cyber attacks.

Wet weather could push up price of bread, beer and biscuits

Mon, 29/04/2024 - 08:07
The cost of bread, biscuits and beer could increase this year due to the impact of the unusually wet autumn and winter on UK harvests.

Jigsaw finds missing piece with $15m Exor-led round

Mon, 29/04/2024 - 06:57
A British artificial intelligence company which helps customers to map complex corporate transactions is raising millions of pounds to spur its growth from a vehicle backed by one of Italy’s renowned business dynasties.

Premier Inn owner Whitbread to axe 1,500 jobs as it looks to expand hotel business

Mon, 29/04/2024 - 06:36
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.

Car insurers 'absorbing rising costs as premiums stabilise'

Mon, 29/04/2024 - 05:35
The average price paid for comprehensive motor insurance rose 1% in the first quarter of the year, according to industry data indicating an easing in the steep rises seen last year.

Blackstone hits high note with new Hipgnosis bid

Sun, 28/04/2024 - 14:52
Blackstone, the American private equity behemoth, is this weekend finalising a revised offer to buy the company which owns the music catalogues of Shakira and the Red Hot Chili Peppers.

Digital bank Monzo expands fundraising in deal with top tech investor

Sun, 28/04/2024 - 10:48
Monzo, the fintech which has become one of Britain's biggest consumer banking groups, is this weekend putting the finishing touches to an expanded fundraising involving one of the world's best-known technology investors.

Hunt calls Dorneywood summit to boost flagging UK stock market

Sat, 27/04/2024 - 09:34
Jeremy Hunt is convening a summit aimed at enticing more companies to London's stock market amid an accelerating exodus of businesses being picked off by overseas and financial predators.

'Do you have any idea of the suffering you have caused?': Ex-Post Office boss accused of 'lying throughout' at inquiry

Fri, 26/04/2024 - 17:30
A former top Post Office executive has denied lying "throughout" her two days of testimony at the inquiry into the Horizon IT scandal.

Superdry landlord M&G eyes challenge to rescue plan

Fri, 26/04/2024 - 11:16
The owner of Superdry’s flagship store in central London is weighing a challenge to a rescue plan that would impose steep haircuts on the struggling chain’s landlords.

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