Tag: business

London firms sending staff home amid coronavirus fears Image copyright PA Media Image caption Some people in London have taken to wearing face masks on the Tube Three firms in…

Virgin Money to cut 500 jobs and shut branches around UK Around 500 jobs are expected to be lost at Virgin Money after the business announced integration plans that will…

Walmart in discussions to sell stake in Asda Image copyright JUSTIN TALLIS Walmart says it may sell a majority stake in Asda, its UK supermarket, after “inbound interest” in the…

Union leaders dismiss Thursday ‘Jingye deadline’ suggestion for British Steel buy-out Union leaders have dismissed the idea that negotiations to complete a sale of British Steel are approaching a “cliff…

Lloyds and Direct Line to cut hundreds of jobs Image copyright Getty Images UK banking giant Lloyds and insurer Direct Line have both confirmed they will cut hundreds of jobs.…

Midland vehicle manufacturer announces plans to create 100 new jobs Coventry vehicle manufacturer the London Electric Vehicle Company (LEVC) is creating more than 100 new jobs as part of its…

Virgin Galactic sees demand for space travel surge Image copyright Getty Images Virgin Galactic has said it will release more tickets for flights into space amid surging demand. Sir Richard…

Industrial engineering giant On Line Group swoops for chems specialist BPE Pan-Humber heavy industry specialist On Line Group has bought out a complementary business in the South East as it…

Financial markets drop again on coronavirus fears Image copyright Getty Images Financial markets plunged again on Tuesday as investors continued to worry about the spread of the coronavirus. The Dow…

Connect Business Village in Liverpool sold to US property investment firm Yakel Consultants A business village in Liverpool has been sold to US property investment company Yakel Consultants Ltd. The…