Working from home to cost families £130
People forced to work from home over the winter months will pay £131 more in energy bills on average. Boris Johnson has issued new guidance calling for…
Convince the Treasury if you need taxpayer help, businesses told
Pubs and restaurants in England have been excluded from compulsory mask rules and Covid passes, but the industry has been hit by a wave of cancellations in…
Elon Musk is right about government rules and regulations: they don’t die
Elon Musk is worried about the persistence and effects of government regulation. At a CEO summit last week, the Tesla and SpaceX supremo claimed “Rules and regulations…
Illogical Plan B leaves battered businesses in limbo
These are, of course, finger-in-the-air guesstimates. Nevertheless, the hospitality sector usually makes about a quarter of its £100bn annual revenues in December alone. How much will it…
North Sea oil project put on hold after Shell pulls out
The Cambo project had become a lightning rod for campaigners calling for an end to new fossil fuel projects due to concerns over climate change. Nicola Sturgeon,…
Rivals leave London behind as Sadiq Khan says taxpayers will have to bail out Tube
Sadiq Khan has warned that ministers have no choice other than to bail out Transport for London because new Covid curbs will spark a collapse in commuter numbers. The…
Getty Images comes back to the stock market with $4.8bn listing
One of the world’s richest families is preparing to list Getty Images through a “blank cheque” merger that will value the stock image supplier at $4.8bn (£3.6bn). …
Staff are welcome at PwC offices this Christmas – no questions asked
Employers too are having to strike the right balance. This is not a return to full lockdown and there is no general instruction from the Government to…
Marks & Spencer hungry for more as it eyes the rest of Ocado
Any sale would also allow Ocado to concentrate on its technology business of selling white-label robots and software to rivals worldwide – something that has been an…
Rishi Sunak should unleash an omi-stimulus to save the economy
Right now, the very worst move the Chancellor could make would be to relaunch the support schemes such as furlough. All that would do is create yet…
SFO chief Lisa Osofsky faces calls to resign after as bribery conviction is overturned
The director of the Serious Fraud Office is fighting for her job after judges overturned a bribery conviction and accused the agency of a “serious failure” which…
Santander ordered to pay banker €68m for cancelling job offer
Santander has lost its battle with the high-profile banker Andrea Orcel after it was ordered to pay him €68m (£58m) for retracting a job offer. The Spanish…
Jes Staley buys $13m Hamptons home shortly before being ousted from Barclays
Jes Staley, the former chief executive of Barclays, has bought a $13.2m (£10m) property in the Hamptons shortly before quitting the bank over an investigation into his…
Fears of market sell-off rise as Covid winners start to lag
Not everyone is smiling again. Bitcoin took further a sharp knock and is now about 27pc below its early-November peak, while tech companies – which have been…
Pubs and restaurants fear ‘shuddering halt’ from new Covid rules
The travel industry has also been subject to changing restrictions in recent weeks. Heathrow airport warned of “high cancellations” on Friday and said that passenger numbers were now…