In an interview with LinkedIn news, Chancellor Rishi Sunak said it was “really beneficial” being in an office at the beginning of his career. Talking about helpful relations he made working in offices at the start of his career as the British...
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5th Aug 2021 | Updated at 10:06am 5th Aug 2021
Jobs threat at Meggitt following £6.3bn buy-out
UK defence supplier Meggitt faces job threats after it finalised a £6.3bn takeover deal from US rival Parker Hannifin. Board of the FTSE 250 engineering company that operates in the aerospace, defence and energy markets has unanimously recommended...
End of furlough scheme to increase job losses by 150,000
A leading think tank believes the end of the UK government's furlough scheme will lead to an increase in job losses in the country. The National Institute of Economic and Social Research (Niesr) said it had revised up its 2021 growth forecast...
Multiple households stand to lose their energy supplier this winter as small companies witness record highs on the UK gas market, and a looming deadline to hand over renewable energy subsidies at the end of the month. Equity analyst at Investec,...
UK defence supplier Meggitt faces job threats after it finalised a £6.3bn takeover deal from US rival Parker Hannifin. Board of the FTSE 250 engineering...
A leading think tank believes the end of the UK government's furlough scheme will lead to an increase in job losses in the country. The National Institute...
London Mayor Sadiq Khan has demanded a £500mn bailout in transport budget as the city's Tube and bus services takes major cuts. Transport for London is...
A Bank of England policymaker has warned that the British economy is not out of the woods yet and the damage caused by the ongoing pandemic has only been partially repaired. Jan Vlieghe said Threadneedle Street should be cautious about raising...
The Weston family, the owners of Selfridges, announced that it launched a formal auction to sell the historic department store. It is understood that advisers at Credit Suisse will start looking for a buyer, with the company valued at as much...
In a shocking announcement, Tesco Bank said that it will close all current accounts from November as there were not enough customers using their current...
A British high court has granted a bankruptcy order against beleaguered businessman Vijay Mallya, allowing a consortium of Indian banks led by the State...
An inquiry by the treasury committee showed that David Cameron showed "significant lack of judgement" in the way he lobbied the government on behalf of Greensill Capital. The committee also questioned the former prime minister's judgment on...
