Business news

Spark EV battery production to prevent decline of UK car industry, M...
November 20, 2023 01:19 AM GMT | By PAMEDIAA report by the cross-party Business and Trade Committee stated that hundreds of thousands of jobs are at risk.

More than half of Black Friday shoppers ‘set to put spending on cred...
November 20, 2023 01:12 AM GMT | By PAMEDIAOut of those spending, more than half are set to use a form of credit and a further 21% will borrow money from friends and family, TSB said.

Just 2% of Black Friday deals were cheapest on the day last year – W...
November 20, 2023 01:08 AM GMT | By PAMEDIAThe watchdog said Black Friday deals ‘should be taken with a pinch of salt’.

British Airways boss: UK is being left behind on greener jet fuel pr...
November 20, 2023 12:51 AM GMT | By PAMEDIAChief executive Sean Doyle urged the Government to change its approach to encouraging domestic production of sustainable aviation fuel.

Sunak promises tax cuts ahead of crunch autumn statement
November 20, 2023 12:08 AM GMT | By PAMEDIAPrime Minister Rishi Sunak said it would take discipline and the Government would need to decide which cuts to prioritise.

Identity theft could peak during Christmas shopping season, Experian...
November 19, 2023 11:23 PM GMT | By PAMEDIAThe credit information company said the number of credit card applications being identified as fraudulent has increased by 22% in 2023 so far.

TfL ‘misled public’ about Ulez benefits, according to leaked draft r...
November 19, 2023 10:58 PM GMT | By PAMEDIAThe Advertising Standards Authority launched an investigation after hundreds of complaints that TfL exaggerated the benefits of Ulez.

Ashtead warns on profit after ‘quiet hurricane season’ and Hollywood...
November 19, 2023 10:28 PM GMT | By PAMEDIAThe FTSE 100 equipment rental firm saw shares slide by as much as 15% after the markets opened in London.

Former OpenAI boss Sam Altman to join Microsoft
November 19, 2023 10:00 PM GMT | By PAMEDIAMr Altman had reportedly been in talks about returning to the AI firm despite only being removed from post on Friday.

Compass boasts higher revenues and profit after ‘strong year’ for ca...
November 19, 2023 09:14 PM GMT | By PAMEDIAThe firm, which provides food service for offices, universities and sports venues, told shareholders that revenues grew by 21.6% to £31 billion.

MusicMagpie in early stage of takeover talks with BT and private equ...
November 19, 2023 09:13 PM GMT | By PAMEDIAThe talks come after musicMagpie has seen its shares slump since a stock market flotation two-and-a-half years ago.

Sunak to give update on state of the nation’s finances ahead of autu...
November 19, 2023 01:01 PM GMT | By PAMEDIAIn a speech in London, the Prime Minister will celebrate having halved inflation.

Until health clubs could expand to 50 sites, says Dragons’ Den star...
November 19, 2023 04:33 AM GMT | By PAMEDIAUntil opened its third site, on Wigmore Street in Marylebone, central London, in the wake of investment from Steven Bartlett.

Hunt warns against fuelling inflation but hints at tax cuts for busi...
November 18, 2023 11:44 PM GMT | By PAMEDIAThe Chancellor seemed to downplay speculation that income tax could be reduced in his autumn statement on Wednesday.

Black Friday scam warning issued to parents
November 18, 2023 03:45 PM GMT | By PAMEDIAMore than a quarter of parents said they have been tricked into a purchase scam, according to a survey.

Almost half of people worried about winter energy bills, research fi...
November 18, 2023 03:45 PM GMT | By PAMEDIAThe Citizens Advice Scotland study also found more than 1.4 million are worried about not being able to heat their homes effectively over the winter.

Find ‘consensus’, CBI boss urges politicians ahead of budget
November 18, 2023 03:45 PM GMT | By PAMEDIAThe next decade cannot be one of ‘low growth and lost opportunities’, Rain Newton-Smith will say.

Union backing for Labour’s New Deal for Working People
November 18, 2023 03:45 PM GMT | By PAMEDIATUC general secretary Paul Nowak will call on employers to ’embrace Labour’s economic reset’ and work with unions to boost productivity and skills.

Businesses embracing generative AI but fear cyberattacks, survey fin...
November 18, 2023 03:45 PM GMT | By PAMEDIABusinesses will ‘not progress’ if they do not take risks, according to accounting giant PwC.

Hunt warns of ‘difficult decisions’ on benefits but mulls inheritanc...
November 18, 2023 01:01 PM GMT | By PAMEDIAThe Chancellor is being urged by northern Tories to focus on the lower paid with tax cuts instead of the wealthiest in the autumn budget.
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