Browsing: Business & Economy

BA ‘must do more’ over IT chaos compensation

BA urged to 'do more' over compensation for bank holiday flight chaos The airline risks creating "further stress, inconvenience and financial hardship for passengers", according to Which? 15:34, UK, Saturday 03 June 2017 Image: British


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270 jobs to go in womenswear rescue deal

270 jobs go but 1,700 saved in womenswear brands takeover The Style Group Brands jobs will go as part of a deal to be announced this weekend, Sky News learns. 17:43, UK, Saturday 03 June 2017


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Aldi and Lidl sales surge as inflation grows

Aldi and Lidl sales surge as food inflation accelerates Grocery inflation has climbed to its highest level since the end of 2013, according to the latest supermarket industry data. 10:14, UK, Wednesday 31 May 2017


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Labour says fare cap will save passengers £1,000

Labour: Rail passengers would be £1k better off under renationalisation The party is likely to face criticism that its calculation is based on a system for increasing fares that has been scrapped. 09:50, UK, Thursday


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PPG abandons pursuit of Dulux firm AkzoNobel

PPG abandons pursuit of Dulux firm AkzoNobel The US owner of Johnstone's Paints gives up on its pursuit of its Dutch rival after all three of its takeover bids are rejected. 13:19, UK, Thursday 01 June


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Millions face ‘rise in insurance bills’ due to tax hike

Millions of people face rise in insurance costs due to tax hike, insurers warn A 2% rise in the rate of insurance premium tax means the average household could be paying £47 a year more, insurers


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Hollywood financier plots London IPO premiere

Hollywood financier plots London IPO premiere A provider of 'completion bonds' to Hollywood movies has hired bankers to float it on the London stock market, Sky News learns. 13:00, UK, Thursday 01 June 2017 Image:


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Bank of England faces strike action over pay

Bank of England faces strike action over pay Workers are being balloted by the Unite union, which has branded the bank "out of touch" for a below-inflation pay offer. 10:42, UK, Thursday 01 June 2017


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Buyout firms walk away from £3bn Shop Direct

Buyout giants fail to click on £3bn Shop Direct sale CVC and Carlyle have decided against bidding for the Barclay brothers' retail empire, Sky News learns. 19:35, UK, Thursday 01 June 2017 Image: Shop Direct


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Wine prices hit record high after Brexit vote

The sobering effect of Brexit: Wine prices hit record high after EU Leave vote Wine lovers in the UK are shelling out more for their favourite tipple than ever before in the wake of the vote


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