Category: News Wire

Oil and Gas Authority predicts overall bill of £60bn and says challenge is to save industry and the taxpayer money and achieve safe decommissioning

The £11.7bn Murdoch takeover of Sky by 21st Century Fox is to be referred to competition regulators for a full investigation, the Government has revealed.

Co-operative Bank is poised to unveil a £700m rescue deal with its US hedge fund owners that will avert a collapse of the loss-making lender.

Security researchers have discovered a “vaccine” for the huge cyber-attack that hit organisations across the world on Tuesday.

Pensions Regulator publishes report into how tycoon was pushed into agreeing to pay £363m to rescue retailer’s scheme.

Lower pension incomes for women may reflect the fact many have taken career breaks and worked reduced hours to look after kids.

Support is rising for “tax and spend” politics in Britain, according to a new survey.

June’s soaring temperatures boosted supermarket sales by record levels and sent overheated Britons in search of ice cream. 

Playtech’s shares have fallen from a record high after its billionaire founder said he will sell an 11.5 per cent stake in the firm as he shifts his focus to the “co-working revolution”.

Carpetright reports a 93 per cent fall in full-year profits, while Debenhams sees sales slip back amid “volatility” in the market.

Banks have been ordered to put aside an extra £11.4bn to deal with any future economic slowdown as part of a major package of new rules designed to stop a lending boom turning into a dangerous bust, reports The Telegraph. The Bank of England has told banks to prepare for tighter rules on credit card […]

Brussels claims tech giant abused market dominance by manipulating its search engine results to favour its own comparison shopping service

As the summer holidays approach, businesses will be getting themselves ready for a spike in customers and sales. This is also the time that many companies will begin hiring seasonal workers to help handle the extra work.

Fancy a Big Mac but just can’t be bothered to get up off the sofa? McDonald’s has finally answered your prayers– if you live in parts of London, Nottingham and Leeds at least.

George Clooney may be the face of fancy coffee, but it’s in premium tequila that he just hit the real jackpot.