Business

Business

Water bills set to rise after Ofwat permits extra funding

Ofwat has provisionally allowed 13 water companies to charge customers more so they can fund investment, meaning bills are set to increase for many cu...

1 month ago

Business

Zero-hours contract reforms could cost firms up to £2.9bn a year

Official analysis has estimated that Labour’s employment rights bill measures on zero-hours contracts could cost businesses as much as £2.9bn annually...

1 month ago

Business

UK economy grows 0.4% between April and June

The UK economy expanded by 0.4% in the April-to-June period, with some firms saying warm weather and sport supported activity in June, though experts...

1 month ago

Business

Burnham warns Iran war could weigh on UK growth next year

Burnham has warned that conflict in the Middle East could affect UK economic growth next year, with oil and fuel prices rising and supply chains disru...

1 month ago

Business

Thames Water gave finance boss Steve Buck £1m signing-on fee

Thames Water gave finance boss Steve Buck a £1m signing-on payment as part of a package intended to persuade him to join the troubled utility company.

1 month ago

Business

Some energy customers may need to act to secure £150 bill discount

Some people could miss out on a £150 reduction on their energy bill if they are not named on the account before the relevant deadline.

1 month ago

Business

Argos faces shopper test as retailer undergoes makeover

Argos is being revamped after decades on the high street, as its owners seek to address pressure from newer competitors including Amazon.

1 month ago

Business

EasyJet agrees £5.7bn takeover by US firm Apollo

EasyJet has agreed to be acquired by Apollo in a £5.7bn takeover after a rival bidder withdrew from the process.

1 month ago

Business

Saudi-led group completes $55bn takeover of EA

A Saudi-led group has completed a $55bn purchase of Electronic Arts, taking the video games company behind The Sims and EA FC into private ownership a...

1 month ago

Business

Jaded London advert banned over smoking depiction

An advertising watchdog has banned a marketing email from fashion brand Jaded London after finding that it presented smoking in an appealing way.

1 month ago

Business

Oil prices fall amid hopes Strait of Hormuz shipments could resume

Oil prices have declined after senior US officials said talks had advanced towards allowing shipments through the Strait of Hormuz to restart.

1 month ago

Business

BP profits reach four-year high as Iran war lifts oil prices

BP has reported its highest profits in four years after higher oil prices strengthened its results, while environmental groups accused the company of...

1 month ago

Business

US states sue to block tariffs affecting dozens of trading partners

US states have filed legal action seeking to stop tariffs imposed over claims that 60 American trading partners have not done enough to address forced...

1 month ago

Business

Oil tankers face heightened Middle East threat, analysts say

Analysts say fresh attacks on alternative shipping routes have created a more complicated threat environment for oil tankers in the Middle East, descr...

1 month ago

Business

US and Japan intervene jointly to support yen

The United States and Japan have taken the rare step of jointly intervening to prop up the yen, with both governments saying they are prepared to act...

1 month ago

Business

Former catering workers claim unpaid wages

Sonia Garcia Monuz is among former employees of a catering firm who say they are owed wages for work they carried out.

1 month ago

Business

UK unleaded petrol price reaches 160p a litre

The price of unleaded petrol in the UK has reached 160p a litre, according to the RAC, with oil prices remaining high.

1 month ago