marksweney
UK interest rates forecast to jump above 5% this year after higher-than-expected inflation – as it happened
Rolling, live coverage of business, economics and financial markets as consumer price index inflation reaches 8.7%, well above forecasts
Jasper Jolly
24, May, 2023 @2:50 PM
Netflix crackdown on password sharing reaches the UK
Streaming company tells millions of British subscribers that the service can no longer be used free by other households
Mark Sweney Media business correspondent
23, May, 2023 @7:11 PM
French billionaire Patrick Drahi ups BT stake to more than 24%
Businessman’s Altice UK reiterates that it does not intend to make a bid for the British telecoms group
Mark Sweney
23, May, 2023 @3:42 PM
UK growth forecast upgraded by IMF; Bank of England governor says ‘big lessons to learn’ after inflation shock – as it happened
New IMF report shows “a big upgrade to the UK’s growth forecast” says Jeremy Hunt, with UK expected to grow by 0.4% this year not shrink by 0.3%
Graeme Wearden
23, May, 2023 @2:46 PM
Micron shares drop after China bars its chips; UK house asking prices jump – as it happened
Micron products will be banned from key infrastructure projects in China due to ‘serious network security risks’
Graeme Wearden
22, May, 2023 @2:41 PM
UK government sells £1.26bn of NatWest shares, taking stake below 40%
State bailed out lender, formerly known as RBS Group, in near-£46bn deal during 2008 financial crisis
Mark Sweney and Kalyeena Makortoff
22, May, 2023 @11:32 AM
Law firms Allen & Overy and Shearman & Sterling plan to merge in $3.4bn deal
Tie-up would create one of the world’s largest legal practices with about 3,900 lawyers
Mark Sweney
22, May, 2023 @10:09 AM
Ryanair rebounds to near-record profit as summer bookings soar
Europe’s largest airline says it is optimistic it will make even more this year after ordering more aircraft
Mark Sweney
22, May, 2023 @6:48 AM
Jaguar Land Rover owner offered £500m in subsidies to build battery plant in UK
Incentive from Jeremy Hunt comes only days after three carmakers issued Brexit rules warning
Mark Sweney and Jasper Jolly
19, May, 2023 @1:32 PM
Manchester United bidder Jim Ratcliffe up to second on UK rich list
Hinduja family remain at top, while Richard Branson drops 33 places to 77th
Mark Sweney
19, May, 2023 @8:32 AM
BT to axe up to 55,000 jobs by 2030 as it pushes into AI
Telecoms group aims to become ‘leaner’ as it cuts more than 40% of its 130,000 global workforce
Mark Sweney
18, May, 2023 @8:41 AM
Ford, Vauxhall owner and JLR call for UK to renegotiate Brexit deal
Carmakers call on Britain to change rules on batteries that they say threaten electric vehicle production
Jasper Jolly and Mark Sweney
17, May, 2023 @5:15 PM
1 / 818 pages