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Monthly Archives: October 2017

Why shops are already playing Christmas tunes

The other day, I was in a toy shop with my son, browsing Star Wars kits, waiting to watch a football match. All was fine...

BP back from its near-death experience

Before the Deepwater Horizon oil spill of 2010, which claimed the job of its former chief executive Tony Hayward, BP was unquestionably the most...

FCA warns over Brexit transition deal timing

Banks will start taking "irreversible" decisions such as moving staff abroad if no Brexit transition deal is agreed by the end of this year,...

May reveals thousands of new Brexit jobs

Up to 5,000 staff will be hired by HMRC next year to prepare for Brexit, the Government has announced. An extra £250m will also be...

BA boss rejects claim Brexit will ground flights

The boss of British Airways has dismissed claims - including from Chancellor Philip Hammond - that flights could be grounded if Britain leaves the...

Rent-to-own giant BrightHouse nears takeover

A pack of hedge funds is closing in on a takeover of BrightHouse, Britain's biggest rent-to-own retailer, just days after it was slapped with...

Asda gets new general for market share battle

At various points, during recent years, it has been claimed that chief executive of Marks and Spencer/Tesco/Morrisons/Debenhams (delete as applicable) has the ‘toughest job...

Switch sales nearly double Nintendo profit outlook

Nintendo has nearly doubled its full-year profits forecast thanks to the success of its new Switch hybrid game machine. The Japanese video games maker said...

Monarch owner in profit pledge to taxpayers

The former owner of Monarch has pledged to use part of any profit it makes from the collapsed airline to compensate taxpayers saddled with...

Kids Company bosses seek voluntary board bans

The former trustees of Kids Company are seeking to avoid court action by agreeing to voluntary boardroom bans in the aftermath of its collapse. Sky...

Oil price tops $60 for first time since 2015

The price of a barrel of oil has topped $60 for the first time in more than two years on rising expectations of a...

US economy shrugs off impact of hurricanes

The US economy shrugged off the damaging impact of hurricanes as it posted better than expected growth in the third quarter. Gross domestic product (GDP)...

BA owner eyes opportunity as rivals fall away

The owner of British Airways overcame turbulence from terrorism and bad weather to post a 22% rise in profits in the third quarter -...

Retail sales fall sharpest since 2009: CBI

Retail sales fell this month at their steepest rate since the recession, according to new figures that add to anxiety over the strength of...

EU probes UK over anti-tax avoidance scheme

Britain is being investigated by the EU over the legality of a tax exemption scheme for multinational companies. EU Commissioner Margrethe Vestager said the probe...

TSB plots 'aggressive' business lending move

The boss of TSB has told Sky News that he wants to make "an aggressive move" into lending more money to Britain's growing number...