Business news


 Not-for-profit lettings agency will help ease ‘chronic lack’ of affordable homes

Not-for-profit lettings agency will help ease ‘chronic lack’ of affo...

April 17, 2023 01:21 PM AEST | By PAMEDIA

Lloyds Banking Group said fundraising will support Crisis to develop and launch a new not-for-profit lettings agency.

 Wood Group to ‘engage’ with private equity suitor over £1.7bn proposal

Wood Group to ‘engage’ with private equity suitor over £1.7bn propos...

April 17, 2023 08:20 AM AEST | By PAMEDIA

Apollo Management made a fifth takeover approach for Wood Group earlier this month worth 240p a share in cash.

 Industrial action helped workers secure extra £2bn in pay, figures show

Industrial action helped workers secure extra £2bn in pay, figures s...

April 16, 2023 04:14 PM AEST | By PAMEDIA

The STUC released data covering workers in health, education, local government, the fire service, transport, and telecoms.

 Head of Slovakia’s central bank convicted of bribery

Head of Slovakia’s central bank convicted of bribery

April 13, 2023 03:41 PM AEST | By PAMEDIA

The country’s Special Criminal Court handed National Bank of Slovakia governor Peter Kazimir a fine and a two-year suspended sentence.

 List of 15 Barclays branches set to close

List of 15 Barclays branches set to close

April 12, 2023 12:28 PM AEST | By PAMEDIA

It brings the total of Barclays branches closing this year to 73.

 Barclays closing another 15 bank branches

Barclays closing another 15 bank branches

April 12, 2023 12:12 PM AEST | By PAMEDIA

The high street brand has plans to shut 73 locations in total this year.

 Barclays names 15 more branches to close

Barclays names 15 more branches to close

April 12, 2023 12:12 PM AEST | By PAMEDIA

The high street brand has plans to shut 73 locations in total this year.

 Pakistanis living abroad sent £2 billion home in March

Pakistanis living abroad sent £2 billion home in March

April 10, 2023 09:37 AM AEST | By PAMEDIA

The response to the government’s appeal for more hard currency remittances offers some hope for improving the ailing economy, officials said.

 Global economic growth set to fall below 3% this year, IMF chief warns

Global economic growth set to fall below 3% this year, IMF chief war...

April 06, 2023 02:29 PM AEST | By PAMEDIA

Kristalina Georgieva warned poverty and hunger could increase further during 2023.

 Regulator defends rescue of Credit Suisse via UBS takeover as ‘best option’

Regulator defends rescue of Credit Suisse via UBS takeover as ‘best...

April 05, 2023 08:39 AM AEST | By PAMEDIA

Urban Angehrn, chief executive of the Swiss Financial Market Supervisory Authority, or FINMA. defended the move.

 UBS boss admits ‘huge’ risks in merging with Credit Suisse

UBS boss admits ‘huge’ risks in merging with Credit Suisse

April 05, 2023 08:39 AM AEST | By PAMEDIA

However, Colm Kelleher voiced confidence that the Swiss bank will benefit from the government-engineered takeover.

 Zoopla finds £14,000 average price reduction on homes sold at a discount

Zoopla finds £14,000 average price reduction on homes sold at a disc...

April 04, 2023 11:19 AM AEST | By PAMEDIA

Buyers and sellers are ‘not miles apart’ on pricing, which is helping deals to be agreed, the website said.

 Passport Office staff in Scotland ‘relying on food banks’ as strike starts

Passport Office staff in Scotland ‘relying on food banks’ as strike...

April 03, 2023 08:50 AM AEST | By PAMEDIA

Public and Commercial Services Union members at the Passport Office are walking out for five weeks.

 Oil producers announce surprise cuts in move which could force up prices

Oil producers announce surprise cuts in move which could force up pr...

April 02, 2023 06:03 PM AEST | By PAMEDIA

Saudi Arabia was joined by other major oil producers in cutting the number of barrels they produce each day.

 Saudi Arabia risks angering US as it announces cut in oil production

Saudi Arabia risks angering US as it announces cut in oil production

April 02, 2023 03:25 PM AEST | By PAMEDIA

The move will likely raise oil prices, further straining relations between Riyadh and Washington.

 Full list of NatWest, Lloyds, Halifax, Bank of Scotland and RBS branches to shut

Full list of NatWest, Lloyds, Halifax, Bank of Scotland and RBS bran...

March 31, 2023 10:20 AM AEDT | By PAMEDIA

More bank branches are to close across the UK.

 Huawei profit plummets amid sanctions but sales rise

Huawei profit plummets amid sanctions but sales rise

March 31, 2023 09:59 AM AEDT | By PAMEDIA

The tech giant said its annual revenue for 2022 reached 642.3 billion yuan (£75.55 billion), a 0.9% gain from the year before.

 Harvey Norman spruiks Malaysia opportunity

Harvey Norman spruiks Malaysia opportunity

November 24, 2022 11:16 AM AEDT | By AAPNEWS

<p>Harvey Norman, which is holding its annual general meeting, says quarterly sales for its 28 Malaysian outlets have jumped by almost 40 per cent.</p...

 QBE warns of $100m catastrophe blowout

QBE warns of $100m catastrophe blowout

November 21, 2022 01:16 PM AEDT | By AAPNEWS

<p>QBE expects to exceed its catastrophe allowance by around $100 million this year as the war in Ukraine and extreme weather events cause elevated cl...

 Retail sales strong but rate rises biting

Retail sales strong but rate rises biting

October 31, 2022 02:49 PM AEDT | By AAPNEWS

<p>Spending reached another high in September with price inflation and an extra national public holiday contributing to a $35.1 billion month for reta...

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