February 25, 2021

Business

Centrica, the parent company of British Gas, has announced its net zero emissions target has been brought forward by five years to 2045, while revealing a financial loss for 2020.

Anyone who has bought a smartphone since 2015 could be entitled to a share of a £480m payout if a legal claim from watchdog Which? is successful.

The owner of Primark says it expects to lose £1.1bn in sales during the first half of its financial year through the coronavirus crisis-enforced closure of its stores.

The owner of Primark says it expects to lose £1.1bn in sales during the first half of its financial year through the coronavirus crisis-enforced closure of its stores - with more to follow.

Australia has passed a new law that will force tech companies - including Google and Facebook - to pay for news content.

Global airlines are expected to burn through as much as $95bn more cash this year after tighter coronavirus restrictions put the brakes on recovery, according to an updated forecast.

Mark Wilson, the former Aviva chief executive, is staging a return to the British insurance sector by spearheading a new venture to target a share of the £16bn motor insurance market.

KPMG has entered exclusive talks about a £400m sale of its UK restructuring business in a deal that could be spearheaded by one of the most prominent figures in the UK accountancy profession.

Bank of England governor Andrew Bailey has warned Brussels against creating a "serious escalation" by forcing firms to relocate euro clearing business away from the UK.

Bank of England governor Andrew Bailey has warned Brussels against creating a "serious escalation" by forcing firms to relocate euro clearing business away from the UK.

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