Bussiness

Blow for Xi as investors scramble to quit China

Posted by August 12, 2024

Foreign investors have pulled a record £12bn out of China in an economic blow for President Xi Jinping.Fears over the future o

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Sunil Bharti Mittal: who is the Indian tycoon now BT’s…

Posted by August 12, 2024

As India’s economy has risen in recent decades, so have a clutch of billionaires who control key industries. For Sunil Bharti Mittal, the rise might appear al

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Big question for BT after Indian billionaire snaps up stake

Posted by August 12, 2024

BT Group has swapped one billionaire shareholder for another.Sunil Bharti Mittal, the Indian billionaire, has announced his conglomerate Bharti En

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Threat of rioting caused 10% nationwide drop in sales, UKHospitality…

Posted by August 12, 2024

The threat of more than 100 riots across the country led to a 10% drop in hospitality sales, an industry body has said.The expectation of further

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UK’s Royal Mail parent to sell US freight business

Posted by August 12, 2024

International Distributions Services, the parent company of Royal Mail, announced today that its parcel services business, GLS, will sell its US freight divisi

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PowaKaddy appoints of new Area Sales Manager for South East…

Posted by August 12, 2024

Leading golf trolley and accessories brand PowaKaddy has appointed Mike Probert as its new Area Sales Manager for the South East. Probert, who is

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Customers left in limbo by collapse of John Lewis-based carpet…

Posted by August 12, 2024

A carpet seller based in John Lewis stores has collapsed into administration, leaving customers across Britain unable to get th

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Battle against UK inflation is far from over, says Bank…

Posted by August 12, 2024

The UK should not be “seduced” into thinking the battle to calm inflation is over despite price rises easing to the Bank of England’s target, according to

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FTSE 100 chief executive pay at record high

Posted by August 12, 2024

The heads of the UK's most valuable companies are being paid more than ever before - with the average chief executive paid more than 100 times tha

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TalkTalk chief Dunstone reaches agreement on £400m deal with lenders

Posted by August 12, 2024

Sir Charles Dunstone, the entrepreneur behind the TalkTalk broadband empire, has struck a £400m deal with its lenders to avert the threat of a de

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Statue of first all-British Stephens car proposed for Clevedon

Posted by August 12, 2024

Public domainThe two surviving Stephens cars have participated in the London to Brighton Veteran Car Run for several yearsA statue commemorating the first entir

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