Business

UBS brings back former chief to oversee Credit Suisse takeover

16 Hits - Mar 29, 2023 - vip2press

Sergio Ermotti, who stepped down in 2020, will rejoin Swiss bank as it prepares to absorb troubled rival

Business

Bank of England boss urges firms to hold back price rises or risk higher rates

47 Hits - Mar 24, 2023 - vip2press

Andrew Bailey says interest rates will have to rise again unless inflation falls

Business

Treasury Secretary Yellen seeks to soothe markets and depositors saying U.S. banking system remains sound

46 Hits - Mar 22, 2023 - vip2press

After a pair of historic bank failures in which regulators backstopped all depositors’ funds, Treasury Secretary Janet Yellen said account...

Business

Rail strikes: RMT votes to accept Network Rail pay offer

55 Hits - Mar 20, 2023 - vip2press

Members voted overwhelmingly in favour of the offer, worth 9% over two years, in deal that should bring worst of...

Business

John Lewis staff miss out on bonus as group reports £234m loss

59 Hits - Mar 16, 2023 - vip2press

Chairman warns of job losses after second ever full-year loss and 3% fall in sales at Waitrose

Business

SVB collapse may be start of ‘slow-rolling crisis’, warns BlackRock boss

55 Hits - Mar 16, 2023 - vip2press

Larry Fink tells investors more ‘shutdowns and seizures’ in US possible and predicts inflation and interest rates to rise

Business

UK pay growth slowdown adds to inflation squeeze on households

49 Hits - Mar 14, 2023 - vip2press

Employment increased in January as younger employees returned to workplace, says ONS

Business

‘It was traumatic’: Uber, Lyft drivers decry low pay and unfair deactivations

87 Hits - Mar 10, 2023 - vip2press

Drivers call for regulation of rideshare companies they say collect up to 50% of fares and arbitrarily close workers’ accounts

Business

Crypto bank Silvergate announces liquidation amid sector turmoil

55 Hits - Mar 10, 2023 - vip2press

Wind-down and liquidation plan follows mass withdrawal of deposits after collapse of FTX exchange

Business

Mirror and Express owner publishes first articles written using AI

69 Hits - Mar 7, 2023 - vip2press

Chief executive says journalists should not fear it means being replaced by machines