Business

Energy networks boss partly blames 'wind direction' after thousands cut off by storm

The head of a select committee has reacted with incredulity after an energy boss blamed the way the wind blew for exacerbating problems caused by a…

COVID-19: Pre-departure tests now required of arrivals in the UK to slow spread of Omicron

People arriving in the UK from overseas now have to take a COVID-19 test before they travel, under new rules designed to slow the spread of the Omicron…

Racing Post-owner Spotlight Sports picks bankers in race towards £500m sale

The owner of the Racing Post has picked bankers to oversee a £500m sale amid booming interest in sports betting data from US-based gambling and…

United Arab Emirates to move to Western-style Monday to Friday working week

The United Arab Emirates is to officially introduce a Western-style Monday to Friday working week.

Revealed: How the prices of Christmas dinner favourites have changed this year

Turkey prices are up while carrots are cheaper as the price of a Christmas dinner rises this year amid a broader pick-up in food inflation, according…

Wall Street regulators investigating Trump $1bn social media deal

Wall Street regulators are investigating the $1.25bn deal to bring Donald Trump's social media venture to the stock market, it has been disclosed.

Virgin Active hunts successors for top execs as co-founder’s run ends

Virgin Active has kicked off a search for a new chief executive and finance director seven months after a hotly contested financial restructuring saved…

Bitcoin 'flash crash' sees long positions worth $2bn closed by exchanges

A so-called "flash crash" for Bitcoin over the weekend has wiped out positions worth $2bn and left market experts pondering whether a wider reset for…

Inflation 'comfortably' above 5% next spring as energy bill hikes bite says BoE rate-setter

Inflation looks set to "comfortably exceed 5%" next spring as a likely energy bill hike for millions of households takes effect, the Bank of England's…

COVID-19: Boris Johnson denies government acted too late in bringing back pre-departure tests amid spread…

The prime minister has rejected suggestions the government acted too late in reintroducing travel restrictions after the discovery of the Omicron variant…

LGBTQ+ networking platform myGwork raises funds from leading investor club

A recruitment and networking platform for LGBTQ+ people is tapping a prominent network of high net-worth investors to fund its international expansion.

Tesco workers set for pre-Christmas strike action sparking empty shelves threat

Warehouse workers and and drivers at Tesco are to hold a series of strikes over pay which their trade union says could result in shortages in stores.

Costs and shortages hit UK's economic growth outlook and Omicron could add further risk, CBI warns

The CBI has cut its forecasts for economic growth thanks to costs and shortages over recent months - and warned that the emergence of the Omicron variant…

Spider-Man: No Way Home 'beats Bond to set UK ticket-sale record before release'

The new Spider-Man film has set a ticket-sale record in the UK before its highly-anticipated release, according to reports.

Former TSB CEO Pester joins fintech frenzy with launch of money-sharing social network Loop

Paul Pester, the former TSB Bank chief executive, is joining Britain's fintech frenzy by launching the first UK-based social networking app enabling…