Bussiness

British economy hammered by second downgrade in three months

Posted by April 16, 2024

The IMF highlighted that the domestic workforce was smaller today than it was in 2019, compared with a roughly 20pc rise in the

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Rising unemployment points to worrying signs for UK economy

Posted by April 16, 2024

The government has patted itself on the back in recent years for presiding over a period of low unemployment, but underneath the latest headline figures there a

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Superdry warns of administration if rescue plans fail

Posted by April 16, 2024

Struggling Superdry has revealed plans for a fundraising and restructuring, warning that failure will mean it faces administration. The fashion re

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Wall Street’s ‘fear gauge’ spikes as Israel threatens retaliation –…

Posted by April 16, 2024

Thanks for joining me. Brent crude oil has risen towards $91 a barrel after Israel said it would be forced to respond to Iranâ€

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Quantuma rescues wine bar chain out of administration

Posted by April 16, 2024

Vagabond Wines has been sold out of administration, preserving more than 100 jobs across the UK. Business advisory firm Quantuma secured the sale t

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Leisure centres scrap biometric systems to keep tabs on staff…

Posted by April 16, 2024

Dozens of companies including national leisure centre chains are reviewing or pulling facial recognition technology and fingerprint scanning used to monitor sta

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Smart meters and heat pumps could hit households with surge…

Posted by April 16, 2024

It comes after official figures showed almost 4m smart meters were not working correctly, leading to them being billed incorrec

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Concern for Bank of England as real earnings growth at…

Posted by April 16, 2024

A weaker than expected easing in the pace of pay rises means real earnings growth, when inflation is taken into account, is at its highest rate in

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India, UK discuss prioritising extradition requests relating to fugitives

Posted by April 15, 2024

Both sides discussed a host of issues including criminal intelligence sharing and combating financial crimes, organised crime, terrorism, cybercrime, and other

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Wave of retirement is starving UK stocks of pension fund…

Posted by April 15, 2024

However, the Goldman Sachs report warned this does not mean British shares should expect a boost in the coming years.Analyst Sh

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UK set to grow less than expected this year as…

Posted by April 15, 2024

The UK economy is going to grow less than expected this year - with the International Monetary Fund warning the country will remain the second wor

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Elon Musk to cut 14,000 Tesla jobs amid electric car…

Posted by April 15, 2024

Matthias Schmidt, an analyst at Schmidt Automotive Research, said: “Tesla no longer appears to be immune from bumpy market co

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