BUSINESS CLOSE: CBI warns of staff shortages hitting competitiveness; ‘No decision’ on break-up, says SSE; Tech sector raises £13.5bn; Home prices spike in South West; Gas crunch bites By This Is Money Published: 03:06 EDT, 20 September 2021 | Updated: 18:02 EDT, 20 September 2021 The FTSE 100 closed down 0.79 per cent, or 55.2 … Read more
BUSINESS LIVE: Lloyds brings backs dividend as profits surge; BT issues bullish forecast for its prospects; Shell boosts dividend and launches bumper share buyback scheme Lloyds Banking Group swung to a profit of £2.6bn, new figures show Lloyds also announced plans to acquire savings and retirement firm Embark By Jane Denton For Thisismoney Published: 02:59 … Read more
BUSINESS CLOSE: Surge in wages could mean big state pension boost; Asos share price falls sharply; FCA vows to become more ‘assertive’ New data shows the number of open job posts reached pre-pandemic levels In the three months to May, annual total pay growth hit 7.3%, ONS said Online retailer Asos has seen its share … Read more
Next to return £29m in business rates relief as sales soar after lockdown beyond pre-pandemic levels By Matt Oliver For The Daily Mail Published: 17:01 EDT, 21 July 2021 | Updated: 18:40 EDT, 21 July 2021 Next is handing back £29million in business rates relief after the easing of lockdown restrictions led to blowout sales. … Read more
BUSINESS LIVE: Bank of England urged to spell out plans to curb inflation; Burberry’s sales return to pre-pandemic levels amid Kendall Jenner campaign; EU new car sales rise House of Lords committee says Bank needs to be clearer about QE and inflation Sales at high-end fashion brand Burberry have returned to pre-pandemic levels By Jane … Read more
BUSINESS LIVE: Third private equity group considers Morrisons bid; Sainsbury’s to invest £50m; Quarter of finance staff want permanent home working By This Is Money Published: 08:02 BST, 5 July 2021 | Updated: 09:09 BST, 5 July 2021 Investment giant Apollo Global Management has said it considering launching its own bid to buy Morrisons after … Read more
Matt Hancock facing investigation over use of personal email to conduct government business Hancock is believed to have routinely used a private Gmail account for work Ministers should use official email accounts in the interest of transparency The former Health Secretary’s use of a Gmail account for government business was addressed in minutes of a … Read more
Make your business savings work harder: Investec boosts the rate on its notice account – where are the best deals found? Investec has upped its 32-day business savings rate to 0.65% Investec’s account takes top spot in the 35-day notice or less category Businesses typically struggle with low rates as most providers pay 0.25% or … Read more
Daryl Somers sues his former business manager for defamation after he alleged the Hey Hey it’s Saturday star treated him ‘appallingly’ By Jesse Hyland For Daily Mail Australia Published: 04:15 BST, 10 June 2021 | Updated: 04:15 BST, 10 June 2021 Hey Hey It’s Saturday star Daryl Somers has sued for defamation after his former … Read more
UK businesses which make regular overseas payments are losing out on hundreds of pounds per transaction thanks to inferior foreign exchange rates charged by Britain’s biggest banks. The likes of Barclays, Lloyds and HSBC, which calls itself ‘the world’s local bank’, levy currency conversion mark-ups which effectively act as stealth charges on overseas payments and … Read more