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Business News
Business News

Airports poised to limit summer bookings after flight choas

Heathrow says there is a natural limit that airlines can safely accommodate during check-in

Business

Soaring inflation ‘worse than Covid’, 1 in 5 businesses say

Almost a third of businesses said they had stopped hiring new staff

Business News

Marriott pulls Russian business due to economic sanctions

The company operates 22 franchised hotels in the country and closed Moscow office in March

Business

Drivers switch to subscription rentals as car prices soar

Car ownership has fallen for the second time in two years, the first consecutive annual decrease in over 100 years

World

Facebook owner Meta’s No2 Sheryl Sandberg is stepping down

‘When I took this job in 2008, I hoped I would be in this role for five years. Fourteen years later, it is time for me to write the next chapter of my life.’

Business News

Croatian electric supercar firm Rimac drives more funding

Porsche, SoftBank and Goldman Sachs contributed to €500 million Series D funding round

Business News

Fear of harsher times lies behind property frenzy

First time buyers sense window of cheap money is closing and want to scramble on the ladder

Business News

Consumers face sharpest food price rises in a decade

British Retail Consortium states costs are ‘likely to get worse before it gets better’

Business News

Frasers rescues fast fashion retailer Missguided in £20 million deal

Until yesterday Boohoo had been frontrunner to take on troubled brand

Business News

Government can’t shirk all blame for chaos at airports

Excuses will be cold comfort for families waiting hours to clear security or immigration

Business News

Alarm as mortgage borrowing dives and credit card debt soars

Figures point to delay in house purchasing and increase in debt for essential items

Business News

Boohoo remains in race to buy Missguided

Administrator Teneo has been appointed to fast fashion brand in ‘extremely challenging’ market