Business

Business

Bank of England set to hike interest rates again: How do interest rates affect...

  FACED with the highest inflation in four decades, central banks in the US, eurozone and UK are hiking interest rates in order to contain...

Rishi Sunak speaks on April GDP statistics, says world seeing a slowing growth

  NATIONS around the world are witnessing a sluggish growth and the UK is no exception. This is what Rishi Sunak, the chancellor to the exchequer, said in...

UK banks no longer ‘too big to fail’: Bank of England

  BRITAIN’s biggest banks are no longer “too big to fail” in any future financial shocks, with shareholders rather than taxpayers ready to bear the...

Reliance-Apollo makes £5bn joint bid for UK pharmacy chain Boots

  INDIA’s Reliance has submitted a binding bid for Walgreens Boots Alliance’s UK retail pharmacy business in a consortium with Apollo Global Management for £5...

Tata Steel to invest over £7m in North East mill to slash CO2 &...

  TATA Steel on Wednesday (8) announced a plan to invest more than £7 million in a new slitting line at its Hartlepool Tube Mill...

Gravely concerned by the shambolic mismanagement of Missguided: Claudia Webbe MP

  A UK MP has said that she was gravely concerned by the ‘shambolic mismanagement of Missguided’ and urged the government and the new owners to help...

Surrey retailer dedicates Her Majesty’s award to fellow residents

  RETAILER Mukesh Patel, who has been honoured with Her Majesty’s Lord Lieutenant of Surrey Certificate over the Platinum Jubilee weekend, has dedicated his award...

We have been investing in India right from when we started JW Marriott in...

  The Hinduja Group is actively planning property development in India including residential and office spaces, its co-chairman Gopichand Hinduja said. Having a presence in places like Chennai,...

Oghma Partners advises KTC on sale to Endless

  Oghma Partners acted as the financial advisor to the shareholders of UK-based KTC Edibles Limited on the sale of the business to Endless LLP,...

Edible oil supplier KTC acquired by private equity firm Endless

  Private equity firm Endless LLP has acquired KTC EDIBLES, one of the UK’s largest distributors of edible oil. The family business, which was founded in...