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Business
The Savoy Hotel’s losses widen as it sheds jobs and starts major renovation project
The Savoy Hotel has reported an increased pre-tax loss of £19.6m for 2024, up from…
Babcock shares soar to highest price in more than a decade after doubling in 2025
Shares in Babcock, the engineering titan specialising in aerospace, defence, and nuclear services listed on…
Zopa Bank takes over Rvvup as digital bank expands payments grip
Digital bank Zopa has broadened its payments capabilities through a strategic acquisition. The fintech firm…
Heathrow rival bids to win third runway contract – with help from ‘world’s best airport’
The entrepreneur spearheading an audacious scheme to challenge Heathrow's longstanding dominance has teamed up with…
Spotify UK boosts job creation following significant workforce reductions
Spotify's UK division is set to create new jobs this year, following a reduction of…
Sainsbury’s to use facial recognition technology in shops
Sainsbury’s has said it plans to introduce facial recognition across its UK shops as it…
Corona brewer’s UK arm has lost almost £200m since last profit
The UK division of AB InBev, the brewing behemoth responsible for brands including Budweiser, Stella…
Sweaty Betty cuts jobs in overhaul as it posts 1.5m profit
Fashion label Sweaty Betty has slashed nearly 100 jobs as it bounced back into profitability…
Cazoo owner makes first profit since 2019 after rescuing collapsed brand
Motors.co.uk, the owner of Cazoo, has reported its first pre-tax profit since 2019, following the…
Wise explores UK banking licence after abandoning London stock market listing
Money transfer company Wise is exploring the possibility of obtaining a UK banking licence after…
Canary Wharf to open Olympic-sized open-water lido in Eden Dock
Canary Wharf is planning to launch an Olympic-sized open-water lido at Eden Dock as part…
Rachel Reeves urged to ‘copy Margaret Thatcher’ with bank tax
Britain's banking giants find themselves under scrutiny once more as Rachel Reeves confronts fresh pressure…
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