All news on the topic: Business

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Sainsbury’s in the UK sells its cash machine business
British supermarket group Sainsbury’s (SBRY.L), opens new tab said it has sold its cash machine operation in a further move to simplify its banking business and reduce costs.
806
Big banks, oil companies, and tech firms lobby at Labour’s business day event
More than 500 lobbyists and executives flock to access ministers at party’s biggest ever business event at conference
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Figures reveal that fifty pubs per month closed during the first half of the year in England and Wales
Number of pubs open fell to 39,096 by end of June and experts say tax rises in 2025 could result in more closures
965
A US firm is threatening legal action against a Brixton-based company for using "Brixton" in its name
A London business and ‘community hub’ is raising money to try and fight legal action from an American company over its name.
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Could Reeves impose the UK’s most punishing capital gains tax in Europe?
“We have no plans to raise capital gains tax,” came the reply as Rachel Reeves was quizzed on her tax plans on the campaign trail in June.
752
UK’s Aviva conspired to dodge India compensation and tax rules
An Indian tax agency has found that British insurer Aviva (AV.L), opens new tab breached local regulations capping commissions to sales agents with a system of fake invoices and clandestine cash payments, according to a notice seen by Reuters.
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McDonald’s aims to create 24,000 jobs with expansion in the UK and Ireland
US fast-food firm to open more than 200 restaurants as part of £1bn plan that will focus on high street locations
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Investors urge Glencore to abandon spin-off plans for coal division due to pollution concerns
More than 95% of investors urged commodities firm to keep highly profitable fossil fuel arm to help maximise shareholder cash
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Two City firms collaborate to invest £20bn of pension funds in UK businesses
Phoenix Group and Schroders will target fast-growing green energy, windfarms, solar, property and small business
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Europe’s €10 trillion gamble
From Athens to Berlin, governments are coalescing around an idea to turbocharge the economy. If successful, it could be transformative ― but it’s a big if.
1040
McDonald’s sales fall for first time since 2020, as higher prices deter consumers
McDonald’s global same-stores fell for the first time in nearly four years in the second quarter as inflation-weary consumers skipped eating out or chose cheaper options.
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Carpetright on brink of collapse putting 1,800 jobs and 270 stores at risk
The move does not mean Carpetright has fallen into administration, filing a notice of intent to appoint an administrator is a move retailers can make to prevent the company from going bust
1023
Tyson Fury’s business empire is now worth over £80 million following remarkable growth
Tyson Fury has enjoyed yet another incredible financial year thanks to some big fights in Saudi Arabia and his mega-fortune keeps on rising as he continues to delay retirement
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There is ’disbelief’ as US-UK trade deals are under threat after Britain dismissed its negotiators
Business community decries ‘act of arson’ as one-sixth of trade posts within British consulates in the US are scrapped
790
Policing minister’s wife reported to CPS over allegations of corporate espionage
Elizabeth Philp denies allegations that she used trade secrets gained from former employer
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’Disastrous for the UK’: MPs’ pension fund exits Britain’s stock market
Jeremy Hunt and Rachel Reeves have been squaring up to the UK’s pension sector in recent months with threats to strong-arm money managers into backing homegrown British companies.
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Tech layoffs from Tesla, Google, Microsoft, and TikTok bring the total to nearly 100,000 this year
Global tech layoffs are nearing 100,000 this year as the likes of Tesla, Google and Microsoft continue to shed employees in a bid to satisfy investors.
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London surpasses Paris as Europe’s largest stock market following Macron’s election gamble
Emmanuel Macron’s election gamble has caused France to lose its crown as Europe’s biggest stock market, with London retaking the title after spending most of the last two years in second place.
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High street bank with 3.1 million customers hit by glitch causing payments to be taken twice
Customers at a high street bank have been left furious after being charged twice in a tech glitch.
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Inside Britain’s ‘out of control’ shoplifting crisis as even pound shops become targets
One in ten independent shops lost more than £10,000 to shoplifting in the last two years, according to the Federation of Small Businesses
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Brexit border checks will cost UK firms £470m annually, says watchdog
‘More than three years after end of transition period, it is still not clear when full controls will be in place’
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Royal Vauxhall Tavern future hangs in the balance after row over Eurovision boycott
A prominent London gay bar has been put up for sale following arguments involving showing this year’s Eurovision Song Contest.
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Brexit-related IT issues are causing delays of up to 20 hours in importing perishable items to the UK
Lorries carrying meat, cheese and cut flowers held up by new checks, with retailers rejecting some orders
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Whitbread, owner of Premier Inn, to cut 1,500 jobs while expanding hotel business
Premier Inn owner Whitbread is set to axe around 1,500 UK jobs as part of plans to build more hotel rooms and slash its chain of branded restaurants by more than 200.