Business

Comcast boosted in battle for Sky

Image copyright Reuters Image caption Sky is at the centre of a bidding war US cable TV giant Comcast appears to have gained the upper hand in its battle to take control of Sky. The firm’s £22bn bid for Sky is unlikely to be referred to the competition authorities, the culture secretary Matt Hancock has […]

Business

FTSE 100 surges to a fresh record high

Image copyright Getty Images London’s main index, the FTSE 100, has surged to a fresh record high for the second time in less than a week. The FTSE 100 index closed over 1% higher at 7,859.17, comfortably above its previous high of 7,787 on 17 May. An easing of trade tensions between the US and […]

Business

Cath Kidston boss poached by Dr Martens

Image copyright Ben A Pruchnie / Cath Kidston Image caption Cath Kidston’s Kenny Wilson is to head British footwear brand Dr Martens Cath Kidston’s chief executive Kenny Wilson is leaving the retailer to join British bootmaker Dr Martens. Mr Wilson, who has been with Cath Kidston since 2011, is credited with expanding its overseas business […]

Business

Qatar charges against Barclays dismissed

Image copyright Getty Images The Crown Court has dismissed charges against Barclays Bank and its owner Barclays PLC over billions of pounds raised from Qatar in 2008. The charges were potentially extremely serious for Barclays as, if it had been found guilty, it could have lost its banking licence. Barclays said the Serious Fraud Office […]

Business

Businesswoman of the Year shares her top tips

Liv Garfield, winner of the Businesswoman of the Year award, has lots of tips for workplace success. She runs Severn Trent, one of the UK’s largest water companies. “Don’t create a work persona”, is her number one piece of advice. Video journalist: Hannah Gelbart See more at CEO Secrets Source link

Business

Ryanair reports soaring profits but warns of headwinds

Image copyright Reuters Ryanair has reported record annual results, despite it having to cancel thousands of flights in September due to problems with pilots’ rotas. The Irish airline said profits rose 10% to €1.45bn (£1.27bn), despite the wave of bad publicity. However, it warned higher costs would make the year ahead more difficult. The outlook […]

Business

China worries

Image copyright Reuters Image caption Are Chinese investors helping the US or threatening it? Washington is worried about Chinese investment in the US, yet is the rest of America? You might expect Leo Chan to be pessimistic about the future of Ohio, a state in the American middle west that has seen its former manufacturing […]

Business

'I found my call in life'

Image copyright Fernando Dias Image caption Flavio Augusto is estimated to be worth $300m When an entrepreneurial teenager got a job selling language courses over the telephone, he wasn’t going to let the fact that he didn’t have a phone stand in his way. It was 1991 in Rio de Janeiro, Brazil, and the then […]

Business

Banking by mobile app 'to overtake online by 2019'

Image copyright Getty Images More consumers will use apps on their smartphone than a computer to do their banking by as early as next year, according to forecasts. Last year, 22 million people managed their current account on their phone, industry analyst CACI said. It has predicted that 35 million people – or 72% of […]

Business

Motability boss's pay 'unacceptable' say MP committees

Image copyright Getty Images The £1.7m salary paid to the chief executive of the firm which runs the Motability disabled car scheme is “totally unacceptable,” say MPs. The remuneration package of Mike Betts has grown by 78% from £954,000 in 2008. Motability said Mr Bett’s pay was based on a comparison with FTSE 250 firms. […]

Business

UK's clean car goal 'not ambitious enough'

Image copyright Getty Images The government’s ambition to clean up motor vehicles by 2040 is not ambitious enough a leading energy expert says. Professor Jim Watson, head of the prestigious UK Energy Research Centre, said the target should be at least five years earlier, as in Scotland. The government is currently considering obliging new cars […]

Business

US and China halt imposing import tariffs

Image copyright Getty Images Image caption China’s exports to the US far outweigh what it imports China and the US say they will halt imposing punitive import tariffs, putting a possible trade war “on hold”. The agreement came after days of talks in Washington DC aimed at persuading China to buy more US goods and […]