Superdry boss says he has ‘no plans’ to buy out fashion brand

It came after the Sunday Times reported in December that the fashion tycoon was mulling a buyout of the company.

Bank of England hikes interest rates to 4% but expects shallower rec...

Decision makers on the Bank’s Monetary Policy Committee (MPC) opted to hike the base rate from 3.5% to 4%.

British Gas to stop using court warrants to fit prepayment meters by...

The Times reported that the energy firm sends debt collectors to fit pay-as-you-go meters.

Average price paid for motor insurance rose by 8% in final months of...

Rising costs, including for repairs, courtesy cars and second hand cars, have added to upward pressures on insurance policies, the ABI said.

Anger as Shell profits rocket to ‘obscene’ 115-year high

Shell said it paid 134 million dollars (£109 million) through the UK windfall tax last year, representing a fraction of its mammoth profit.

Santander braces for 10% plunge in house prices and rising borrower...

The UK bank put by £321 million for bad debts in 2022, including a further £65 million in the fourth quarter ahead of a likely recession.

Shell profits fuel calls for increase in oil and gas windfall tax

Labour’s Ed Miliband said Prime Minister Rishi Sunak was ‘too weak to stand up for the British people’ by hiking taxes on oil and gas firms.

Teachers could be forced to tell heads they plan to strike under rep...

Education Secretary Gillian Keegan said it was ‘unreasonable’ if teachers joined strike action without informing their school.

Should you explore these FTSE stocks amid rising energy prices?

• According to Energy UK, around 12 million UK households spend nearly 10% of their income on energy bills. • Energy regulator Ofgem pointed out tha...

FTSE in the red ahead of Bank rates decision

AstraZeneca and mining companies Anglo American and Rio Tinto were close to the bottom of London’s biggest index.

‘Vast majority’ of schools in England and Wales affected by teachers...

Only 11% of schools and sixth-form colleges with teachers on strike were fully open on Wednesday, a snapshot poll suggests.

Up to 1,200 jobs impacted by British Steel shake-up, says union sour...

The Chinese-owned company was said to be cutting 300 jobs from its coke ovens in Scunthorpe, with another 600 to 900 being ‘optimised’.

Parents join teachers on demonstrations despite school closure disru...

Kevin Courtney, joint general secretary of the NEU, believes ‘more than 200,000’ members staged walkouts on Wednesday.

Aldi loses court battle with M&S over festive gin bottles design

The ruling could mean Aldi having to pay damages to M&S or pass on profits from sales of the product.

Interest rates set to rise to 4% as Bank prepares for ‘shallow’ rece...

The decision on Thursday would be the 10th time in a row that policymakers have opted for an increase.

Hundreds join Cardiff rally on biggest day of industrial action in d...

Wales TUC representative Shavanah Taj said people have been pushed to breaking point and ‘enough is enough’.

Labour MPs join pickets despite previous warnings from Starmer

The official Conservative Party press office account shared tweets from 13 Labour MPs joining picket lines during Wednesday’s strikes.

Brexit impact has nothing to do with falling living standards, insis...

The PM instead blamed rising costs on inflation and the war in Ukraine as the SNP’s Stephen Flynn described the UK as a sinking ‘Brexit ship’.

NS&I brings one-year fixed-rate bonds back on sale

The one-year fixed-rate guaranteed growth bonds and guaranteed income bonds have been put back on general sale for the first time since 2019.

Octopus Energy forewent profit to keep bills down, finance boss says

The business added more than one million customers in the year to the end of last April.