Category: News

Shein, the Chinese-founded online fast-fashion retailer, is reportedly accelerating its plans for a record-breaking £53 billion float in London.

British Airways has created 1,700 jobs as it gears up for a summer boom allowing its parent company IAG to match last year’s operating profit bonanza of €3.5 billion.

The Bank of England now anticipates that inflation will decline more rapidly than previously forecasted, dropping below the central bank’s 2 per cent target for a sustained period.

Cazoo, the used-car business founded by Alex Chesterman, is facing the possibility of administration as it struggles to secure emergency funding to address its significant losses.

The UK economy has rebounded from a short-lived recession, posting a growth of 0.6% in the first quarter of 2024, marking its fastest pace of expansion in two years.

The Bank of England has opted to keep interest rates unchanged at 5.25%, marking the sixth consecutive meeting at this 16-year high level.

The Bank of England is anticipated to keep interest rates steady at 5.25%, marking the sixth consecutive hold, as announced on Thursday.

Boohoo, the online fashion retailer known for its diverse portfolio of brands including Debenhams and Pretty Little Thing, is grappling with significant financial challenges as its losses soar and sales plummet.

James Watt, the co-founder and long-serving chief executive of BrewDog, is set to step down after 17 years at the helm of the Scottish brewing and bar chain.

Selfridges is facing new job losses, attributed to the discontinuation of tax-free shopping for tourists and a downturn in luxury spending.

Analysis indicates that mortgage payments for approximately 800,000 homeowners are poised to skyrocket by more than £200 per month before the anticipated late-autumn election.

Car manufacturers are sounding the alarm over slowing demand for electric vehicles (EVs) among private buyers in the UK, prompting urgent calls for government intervention to reignite interest in battery-powered cars.

In a landmark decision, members of the historically male-only Garrick Club have voted to open their doors to women for the first time in its 193-year history.

The Commons Treasury committee has expressed concerns over proposed lending rules that could adversely affect small businesses in the UK.