Business and Finance
- News Home
- Other categories
Sainsbury’s plots sale of banking arm as near-zero interest rates bite
The new chief executive of J Sainsbury is plotting a sale of its banking arm as ultra-low interest rates diminish the prospects of making a meaningful return from the business.
Coronavirus: Thousands of jobseekers scammed in surge of fake employment listings
Thousands of jobseekers are being scammed in a surge of fake job adverts, as fraudsters exploit the rise in unemployment.
Petrol stations giant EG Group bolsters board with ex-BP exec Carey
The petrol stations giant founded by two of Britain's most successful sibling-entrepreneurs is about to take a big step towards addressing doubts about its corporate governance by naming a slate of independent board members.
Coronavirus: Air travel demand 'unlikely to fully recover before 2023', says BA owner
British Airways owner IAG says demand for air travel is unlikely to fully recover before 2023.
Virgin Wines toasts sale after revenues rise during pandemic
One of Britain's biggest direct wine-sellers is being put up for sale after seeing a surge in sales to locked-down British consumers.
Property prices growing at fastest rate since 2015 - but end of COVID support may stop trend
Property prices are growing at their fastest rate since 2015, with the average price of a house reaching £227,826 in October.
Australian banks complain of too much cash as 'people don't want it'
Banks in Australia have complained they have too much money because no one wants it and the "problem" is set to get worse.
Fund managers fear Brexit impact as reform vote looms
Britain's vast fund management sector is holding its breath for the outcome of a key vote on Friday amid fears that thousands of industry jobs could be forcibly relocated to the EU after the end of the Brexit transition period.
TfL and ministers eye six-month funding deal as deadline looms
The government and London's transport bosses are locked in talks about a six-month funding deal hours before the capital's bus and Tube networks face the renewed threat of financial collapse.
NatWest's third quarter pre-tax profit beats forecasts
NatWest has reported a forecast-beating pre-tax profit of £355m in the third financial quarter.