Bussiness
Second interest rate cut by European Central Bank as growth…
The European Central Bank (ECB) has moved to cut borrowing costs again as the inflation threat continues to abate while economic growth falters.Th
Can UK avoid national debt almost tripling over next 50…
A near tripling of the national debt; public spending accounting for well over half the economy’s annual output; government borrowing at levels never seen bef
Tesco loses UK legal battle over plans to ‘fire and…
Tesco has lost a high-profile “fire and rehire” case in the UK’s supreme court over proposals by the supermarket to let some staff go and re-employ them o
Tesco loses Supreme Court ‘fire and rehire’ fight
Tesco says it will accept a Supreme Court ruling in a so-called 'fire and rehire' case amid government efforts to bolster workers' rights.The Unio
UK debt projected to almost triple over next 50 years,…
The UK’s debt mountain will almost triple to more than 270% of national income over the next 50 years because of pressures from an ageing population, the clim
Bank of England waters down plans to impose tougher capital…
The Bank of England has watered down new capital rules meant to shock-proof the banking system from another 2008-style crash, in a move the Labour government sa
New rules for banks to deliver financial stability and investment
The Basel 3.1 reforms are the final part of the internationally agreed Basel 3 framework. Today’s proposals, announced by the Prudential Regulation Authority
Union wins Tesco ‘fire and rehire’ case
Getty ImagesA shop workers' union has won a Supreme Court battle against Tesco over so-called "fire and rehire" plans put forward by the supermarket giant.The r
Looking ahead for the UK largest community owned wind farm…
Community-owned wind farm Point and Sandwick Trust (PST) held their annual Away Day at Lews Castle, Stornoway earlier this week. The Trust is respon
Revolut founder Storonsky ‘sells £200m stake’ in fintech giant
The billionaire founder of Revolut has sold shares worth hundreds of millions of dollars in the banking and finance app as he climbs the ranks of
Grangemouth: Scotland’s only oil refinery to close next year
PA MediaPetroineos announced their intention to close Grangemouth in November last yearScotland's only oil refinery is to close by the summer of next year, with
National debt set to treble over next 50 years, says…
UK national debt is on course to treble over the next half a century due to several pressures, according to the government’s official forecaster.Those pressur
