December 05, 2021

Business

A US-based company backed by a prominent hedge fund is close to snapping up stakes in some of Britain's most promising biotech companies as the remnants of the fund manager Neil Woodford's empire continue to unravel.

The governor of the Bank of England (BoE) has told Britain's biggest lenders to intensify preparations for a "no trade deal" Brexit amid growing signs of deadlock between London and Brussels.

TUI says it has agreed compensation with Boeing over the grounding of the crisis-hit 737 MAX and delayed orders of new planes as it attempts to shield its finances from the impact of the coronavirus crisis.

The quarantine plan for people arriving in the UK is vital to prevent a second coronavirus peak, the home secretary has insisted as she prepares to face her critics in the Commons.

Former BP boss Lord Browne, Nobel prize-winning economist Joseph Stiglitz, economist and author Stephanie Kelton, and Stephen Moore, senior economic adviser to Donald Trump, spoke to Sky's Dermot Murnaghan about the future of work and the economy after the coronavirus crisis.

Travelodge, the budget hotel group, will on Wednesday launch a formal restructuring plan on which it will argue the fate of 10,000 British hospitality industry jobs depend.

Retail prices last month suffered their biggest monthly drop since 2006, according to the latest data.

The transport catering group which owns Upper Crust and Ritazza has found a novel way to preserve part of the £27m dividend it pledged before the scale of the coronavirus pandemic became clear.

A government-backed scheme to guarantee payments through industry supply chains will have the capacity to insure £10bn of transactions when it is unveiled in the coming days.

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