Business News
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Hospitality head asks Badenoch for energy bill help
Kate Nicholls advised Kemi Badenoch to adjust a critical firm loans arrangement with the British company Bank during the pandemic. ...
Microsoft-Activision loses Call of Duty proposal.
The Federal Trade Commission has appealed a decision allowing Microsoft to proceed with its $69 billion (£53 billion) acquisition of ...
May output falls 0.1% due the king’s coronation.
The latest data, according to Chancellor Jeremy Hunt, demonstrates why the nation must eliminate its inflation problem, as the prospect ...
Migration Bill: Lords reinsert minor detention limits
The House of Lords has rejected the government’s attempt to extend the detention period for children in its migration measure. ...
Airport drop-off fees increase by almost one-third – RAC
According to the RAC, airport drop-off fees for vehicles have increased by nearly a third at UK airports over the ...
The economy of the United Kingdom has been stagnant for the past four years.
Since 2019 before the pandemic, the UK economy has scarcely grown, with one economist describing it as “listless. It decreased ...
Foxconn: Apple supplier abandons $20bn India facility.
Foxconn, an Apple supplier, has withdrawn from a $19.5bn (£15.2bn) agreement with Indian mining giant Vedanta to construct a chip ...
Fixed mortgage rates higher than under Liz Truss’s government.
MPs were also briefed by mortgage lenders on the impact of rising interest rates on consumers during an evidence session. ...
Revolution CEO would resign for Boohoo peace accord.
Bob Holt, Revolution’s leader since November, will resign if Revolution and Boohoo find a deal in the next few days. ...
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 ...