The Business category covers all aspects related to commerce, including management, entrepreneurship, economics, finance, and marketing. It provides valuable insights, strategies, and resources for individuals and organizations to navigate and excel in the corporate world. Whether you’re looking to start a new venture, optimize existing operations, or understand global economic trends, this category offers the knowledge and tools necessary for success.
Thames Water’s lenders have submitted a new rescue plan to prevent the UK’s largest water company from collapsing. London & Valley Water, a consortium of large financial institutions and investors, has submitted proposals which include writing off about a third of the company’s near £20bn debt pile and investing an initial £5.4bn to stablise the…
Gemma HandyBusiness reporter, St Johns, Antigua Getty Images Homes in Barbuda were flattened by 2017’s Hurricane Irma For some Barbudans, thunderstorms still trigger flashbacks of the night in September 2017 when they lost everything they owned to Hurricane Irma’s devastating winds. Eight years on, while memories may be close to hand, home insurance for many…
Zoe Conway & Esyllt CarrEmployment correspondent and producer Katia Pirnak Nadine Fallone was awarded nearly £65,000 for unfair dismissal Nadine Fallone was awarded nearly £65,000 by an employment tribunal for unfair treatment and dismissal after reporting staff taking drugs at the bar she managed. But more than a year later she has not received any…
Hackers who attempted to extort a nursery chain by posting stolen images and data about children on the darknet have removed the posts and claim to have deleted the information. The criminals began posting profiles of the children to their website last Thursday, adding another 10 children days later and vowing to continue until Kido…
Rachel ClunBusiness reporter Getty Images A company linked to peer Baroness Mone and her husband Doug Barrowman has been ordered to pay £122m in damages after a judge ruled it breached a government contract for the supply of personal protective equipment (PPE) during the Covid pandemic. The Department of Health and Social Care sued PPE…
High street baker Greggs is set to raise prices on its breakfast meal deals and biscuits in response to growing cost pressures, the company’s chief executive has said. Roisin Currie said the price increases would kick in from Thursday. She said the action was being taken in response to increased staffing costs, including the impact…
The boss of Pinterest has told the BBC the death of Molly Russell is a daily reminder of the urgent need to make social media safer for young people. The app – which functions like a digital notice board – hit the headlines when the 14-year-old, from Harrow, in northwest London, took her own life…
Kevin PeacheyCost of living correspondent Getty Images A rise in gas and electricity prices has prompted energy suppliers to call for “enduring” targeted support for those in financial difficulty. Energy costs are up 2% from Wednesday for millions of people in England, Wales and Scotland as regulator Ofgem’s latest price cap come into effect. Campaigners…
The Trump administration has announced a deal allowing patients to buy prescription drugs at discounted prices via a new website operated by the federal government. The agreement with pharmaceutical giant Pfizer will see prices for some medicines slashed by up to 85% on the direct-to-consumer TrumpRx site, the White House said in a press conference…
Charlie Javice, the entrepreneur convicted this year for defrauding JPMorgan Chase when the bank bought her student loan start-up, was sentenced on Monday to more than seven years in prison. In March, a jury found Ms Javice guilty of bank, wire and securities fraud, as well as conspiracy to commit fraud, for giving JPMorgan fake…
