Britain’s supermarkets face an anxious wait after fashion retailer Next lost a major legal battle today over unequal pay in its UK operations. The Employment Tribunal ruled that the company …
Personal Finance
Pound sterling reaches two-year high against the dollar as interest rate bets diverge
Sterling climbed to its highest point against the dollar in over two years as markets bet that the US Federal Reserve will cut interest rates more aggressively than the Bank …
Oasis: UK economy set for ‘supersonic’ boost with reunion tour including Wembley gigs
Statisticians can look forward to endless queries about Oasis’ impact on the economy after the mercurial Mancunians announced a long-awaited reunion tour. After years of will-they won’t they, the Gallagher …
Definitely Not: Why I won’t be queuing for Oasis tickets on Saturday
Appropriately for a column about a pair of Catholic lads, I am what you might call a lapsed Oasis fan. As a teenager I had a full collection of their …
Rangers takeover: Scottish giants wanted by American investors in £150m deal
Glasgow Rangers are attracting takeover interest from American investors who value the club at around £150m, with a number of the existing shareholders at Ibrox thought to be open to …
Temu owner PDD shares plunge after profit warning
Shares in Pinduoduo (PDD Holdings), the Chinese owner of discount retailer Temu, have plunged by nearly 29 per cent in New York in a move that has wiped $55bn (£41.6bn) …
Oaknorth: London challenger bank readies for US expansion as New York office authorised
Oaknorth has received regulatory approval to open a representative office in New York, paving the way for the London-based challenger bank to expand further into the US market ahead of …
Santander launches £1.3bn share buyback under new payout scheme
Santander has launched a share buyback for up to €1.5bn (£1.3bn) as the banking giant fulfills its promises to boost investor payouts. The Spanish lender said its new programme would …
Primark owner AB Foods’ shares drop after investors advised to sell up
Shares in Associated British Foods, which owns British stalwarts like Primark, Kingsmills and Twinings, dropped this morning after stockbroker Deutsche Numis downgraded its rating from ‘hold’ to ‘sell’. Shares in …
Applied Nutrition limbers up for £500m London Stock Exchange debut this year
Protein shake maker Applied Nutrition has confirmed plans for a potential £500m float on the London Stock Exchange today in the latest sign of life for the capital’s beleaguered bourse. …