Business News
Dive into the latest business news, market trends, and financial insights. Stay ahead with Creative Media News.
Bank of America fined for credit card fraud
Bank of America has been ordered to pay $150 million (£116 million) in penalties for opening credit cards without customers’ ...
Sunak chooses new business council ahead of economic election.
The Prime Minister will meet with private sector executives next week to boost economic momentum before the 2020 election. Rishi ...
Bank of England suffered 7.3% wage growth from March to May.
The financial markets are largely anticipating that the Federal Reserve will increase interest rates by a further 0.5 percentage point ...
Royal Mail strikes end after postal workers accept salary deal.
As a result of the company’s “lack of integrity,” the relationship between CWU and Royal Mail continues to be tense, ...
Energy bill assistance is denied to over 700,000 households.
More than 700,000 British households have lost out on £300 million in energy bill assistance. These are residences in locations ...
Wilko scrambles to fund restructuring arrangement.
As it negotiates rent reductions with landlords, the general merchandise company has approached turnaround funds for funding. Wilko, one of ...
Empire Cinema shutdown list when firm enters administration
Cinema closures are attributed to the financial impact of the COVID-19 pandemic, rising inflation, and the expense of living crisis. ...
The greatest US job growth in more than two years.
Last month, job growth in the United States slowed, indicating that higher interest rates may be beginning to impact the ...
RMT announces impending Tube protests later this month
The union has stated that it will “shut down” the Tube network as part of its ongoing struggle to save ...
Twitter competitor Threads hits 10 million subscribers in hours.
Mark Zuckerberg, the chief executive officer of the company, announced on Thursday that more than 10 million people signed up ...
Disaster zone travel specialist sells £40m private equity.
The acquisition of Diversity Travel, which specializes in transporting humanitarian workers into warzones and disaster zones, is imminent to be ...
Thames Water investors ‘more anxious’ about rescue prospects, regulator says.
Ofwat’s CEO informed the Lords Industry and Regulators Committee that shareholders may not provide enough funding. The regulator of the ...