Category: News Wire

Shoppers flocked to Primark stores over the summer to snap up pink flamingo pool inflatables alongside their holiday wardrobe essentials, helping to boost parent group Associated British Food’s full-year forecasts. John Bason, ABF finance boss, said that the huge demand for its ornithological-inspired inflatables was one of the suprise big-sellers which helped the high street retailer […]

Energy from offshore wind in the UK will be cheaper than electricity from new nuclear power for the first time.

Apple’s latest special edition of the iPhone will be called the iPhone X, according to an apparent leak.

The economic cost of Hurricane Irma could rise as high as $300bn (£227bn) as the storm lashes Florida, damaging homes, businesses and key crops including orange groves.

London’s housing crisis will force workers to live in so-called “micro flats” to avoid being exiled to more affordable commuter towns.

Unions are demanding urgent talks with British Airways after the carrier announced plans to close its main pension scheme.

Wages for new hires grew at the fastest pace in almost two years in August, as declining candidate availability added to the picture of a tight labour market, according to a new survey published today.

Pilots at leisure airline Thomas Cook have gone on strike in a dispute over pay, in what unions say is the first strike by UK pilots since the 1970s.

Go-Ahead’s annual profits drop as long-running staff dispute takes its toll.

The publisher of the Daily Mirror newspaper is in talks to acquire 100 per cent of Daily Express group Northern & Shell.

Older entrepreneurs should be allowed to dip into their pension pot without a tax penalty to fund a new business, a lobby group has suggested. The Institute of Directors (IoD) said the government should let older people withdraw up to 10 per cent of their pension pot tax-free to get a start-up going, reports The […]

Downing Street is asking Britain’s biggest companies to give public support to the Government’s approach to its Brexit negotiations, a move which has provoked fury in a string of blue-chip boardrooms. Sky News has obtained a letter being circulated in FTSE 100 and other company boardrooms which praises ministers’ commitment to securing a transition period […]

Carmaker follows Volvo in spelling an end for petrol or diesel-only cars, despite not making any electric vehicles at present

The head of Germany’s biggest bank has called for Europe’s “era of cheap money” to end as price bubbles form, sounding a warning a day before the European Central Bank holds a crucial policy meeting. Deutsche Bank chief John Cryan said that while cheap money has helped countries and banks “emerge from the financial crisis” – the ECB […]

The Archbishop of Canterbury, Justin Welby, says Britain’s economic model is broken, as the gap between the richest and poorest parts of the UK widens. Britain stands at a watershed and must make “fundamental choices” about the direction of the economy, he said. The remarks come in a report by a commission set up by […]