Business and Economics
Business and Economics News
Woolworths ‘set to return’ to UK high street after 15 years
It would be one heck of a come back!
Owner of Tata Steel rakes in £3bn profit as it axes 3,000 jobs due to ‘financial reasons’
The UK government has handed the company a £500 million subsidy to help pay for the new electric arc furnace at the site.
Brexit blamed for closure of Tata Steel
'Thatcher closed the mines, Brexit closed the steelworks'
Centrica boss: There is no justification for my £4.5 million salary
Chris O’Shea said there is no point trying to justify such a large pay packet when the average UK salary is closer to £30,000.
Gary Neville shakes on two deals on debut Dragon’s Den appearance
In Thursday’s episode, the former England footballer-turned-pundit became the first famous face to join the BBC show as a guest Dragon.
Tata Steel expected to confirm plans to close furnaces at UK plant
Most of the job losses will be at Port Talbot in south Wales.
Fujitsu vows to compensate victims of Post Office Horizon IT scandal
The Japanese technology firm offered its ‘deepest apologies’ to subpostmasters and their families in a fresh statement on Thursday.
Bank of England ‘losing the battle against inflation’
Once again, "diligent homeowners are forced to shoulder the burden of getting inflation under control, while the banks continue to reap the benefits" - analysis.
Newly-launched taxi app Frenzi to put drivers first
Drivers will be required to pay a flat 57p commission fee on rides, which pales in comparison to industry titan Uber's high percentages.