All news on the topic: Business
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Uzbek businessman Rustam Muminov hit by EU sanctions over cotton cellulose exports to Russia
Businessman Rustam Muminov, a citizen of Uzbekistan, Russia, and the United Kingdom, and the owner of "Fargona Kime Zavodu MChJ" (Fergana Chemical Plant), has been placed under EU sanctions.
838
Andrew Mountbatten Windsor applies to close Pitch@Palace Global
Andrew Mountbatten Windsor has applied to close down some of his last remaining business interests, including the Dragons’ Den-style startup competition Pitch@Palace Global.
897
Armani’s heirs instructed to sell 15% stake within 18 months
The Italian fashion house Giorgio Armani could soon be sold or become a publicly listed company, according to the late founder’s will.
885
Boris Johnson faces scrutiny over use of public funds for private business
Boris Johnson is facing increasing pressure to explain how his private office adheres to rules regarding taxpayer subsidies following further revelations about his staff’s involvement in managing his global commercial operations.
995
Coca-Cola weighs sale of Costa Coffee amid rising costs and competition
Costa Coffee may change ownership once again, following revelations that Coca-Cola has met with potential buyers to discuss a discounted deal to sell the chain.
977
Marks and Spencer online sales paralyzed as management seeks help from cyber experts
Hundreds of agency staff working for Marks and Spencer have been told to stay at home, with online orders still suspended after a cyberattack.
799
Zizzi, Itsu, and Asda among retailers rejecting cash
A number of major retailers have stopped taking cash in some or all of their stores, sparking backlash from a pro-cash campaign group, who say they are ’letting down the public’
801
Record number of millionaires leave Britain since Labour took power
Millionaires have left Britain in record numbers since the new Labour government took power amid a crackdown on non-dom residents and sweeping tax hikes.
787
UK nightclubs more concerned now than during the pandemic
The UK’s nightclub sector has been hit with an alarming decline in activity as it continues to battle “unsustainable”...
919
Nearly 170,000 retail jobs were lost in 2024, with expectations of even more job losses next year
The figure is the highest since the aftermath of COVID-19 pandemic lockdowns in 2020.
1003
US business leaders poised to set a record with donations to Trump’s inaugural fund
Donations, not restricted by campaign finance laws, come as industries seek favor with incoming administration
899
UK electric vehicle charger rollout risks creating a regional divide, report warns
National Audit Office says government on track to install 300,000 charge points by 2030 but areas outside south-east risk missing out
958
China investigation costs US tech giant over $100bn ahead of Trump presidency
A Chinese competition investigation has knocked more than $100bn off the valuation of a US tech giant, as Beijing braces ahead of a second Trump presidency.
1533
Multi-billion-pound Russian money-laundering operation uncovered with ties across the UK
The UK’s NCA has led an international crackdown on the "unprecedented" money-laundering operation which swapped cash from British street-level drug deals for cryto from elite Russian hackers
642
British manufacturer TI Fluid Systems agrees to a £1bn takeover by a Canadian rival
It marks the latest loss for the London Stock Exchange amid a flurry of takeover deals and speculation this week.
814
Money trail raises questions about deposed Bangladeshi elite’s £400m UK property empire
Associates of former Bangladeshi PM Sheikh Hasina have spent millions buying up top-flight property assets in the UK
858
Bank of England warns about risks from increasing global trade barriers
The Bank of England warned on Friday that higher trade barriers could hit global growth and feed uncertainty about inflation, potentially causing volatility in financial markets and pushing up borrowing costs for businesses and consumers.
920
London rents rise again as Savills warns of double-digit increase across the UK
Analysts have warned rents are being pushed to unsustainable levels amid another yearly jump and concerns there is no natural plateau in sight.
863
FTX files lawsuit against Binance over transactions linked to Sam Bankman-Fried
Collapsed crypto hedge fund FTX has launched legal action against the largest cryptocurrency exchange Binance, seeking the return of almost $1.8bn (£1.4bn) allegedly transferred fraudulently.
957
Rachel Reeves faces backlash over inheritance tax hike, accused of neglecting small family businesses
Chancellor also criticised for letting the very rich off the hook with a lower than expected rise in capital gains tax
814
Minimum wage workers receive largest pay increase ever in the Budget
Millions of workers on the minimum wage and living wage will be handed a pay boost at tomorrow’s Budget, the government has announced.
941
Employment Rights Bill to cost firms £5bn annually, but gains will justify it, says government
The Department for Business and Trade has said the benefits of the employment rights bill will justify the costs it will impose on business amounting to nearly £5bn per year.
1086
Ministers explore handing Post Office to sub-postmasters
Ministers are exploring plans to hand ownership of the Post Office to thousands of sub-postmasters across the UK, sources have told the BBC.
706
Report reveals decline in number of female business leaders in Britain in 2024
The number of women who hold executive reins in corporate Britain has fallen for the first time in eight years in an "unacceptable" reversal that could delay gender parity for another five generations, a consultancy said on Thursday.
1005
CPS offers plea deals to Entain suspects before deciding on charges
The Crown Prosecution Service (CPS) has offered plea discussions with suspects from Entain as it gears up to make charging decisions by the end of the year.
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