Anna Wise
Business News
Volkswagen drawing up plans to cut 100,000 jobs globally, reports say
Top bosses are considering restructuring and dramatically cutting down the size of the workforce, according to local media.
By Anna Wise
26 Jun 2026
UK
Retailers dish up strong Christmas food sales but fashion lags behind
Tesco, Sainsbury’s and Marks & Spencer were among those to deliver good news about their festive grocery sales.
By Anna Wise
9 Jan 2026
UK
Glencore shares surge after confirming talks with Rio Tinto over mega-merger
Its share price was up by more than 8% on Friday morning.
By Anna Wise
9 Jan 2026
Business News
HSBC agrees to pay £260m to settle dividend fraud case in France
The banking giant separately announced it had secured shareholder backing for its plans to take Hang Seng private.
By Anna Wise
8 Jan 2026
Business News
Greggs serves up Christmas sales boost despite ‘challenging’ market
The bakery chain, which has about 2,740 shops, said it was performing better than its competitors.
By Anna Wise
8 Jan 2026
Business News
TGI Fridays seeks more time to secure deal after lining up administrators
It is thought that Liberty Bar and Restaurant Group, which runs TGI Fridays’ UK operations, is finalising an insolvency plan.
By Anna Wise
7 Jan 2026
Business News
Housebuilding slump deepens as construction sector hits year-long decline
Housing, commercial construction and civil engineering continued to contract sharply at the end of 2025.
By Anna Wise
7 Jan 2026
Business News
Waitrose to create 550 jobs for new Bristol warehouse as it eyes expansion
The distribution centre will open in early 2027 and be run by logistics firm DHL, which is set to begin recruiting in spring.
By Anna Wise
7 Jan 2026
Business News
FTSE 100 hits new record high as New Year rally gains momentum
The blue-chip index rose to new heights after a strong day of trading for drugmakers and some of the UK’s biggest retailers.
By Anna Wise
6 Jan 2026
Politics
UK services sector shows ‘lacklustre’ growth in December but sentiment recovers
Some firms pointed to signs of recovery in confidence among their clients after a prolonged period of nervousness in the lead up to the autumn budget.
By Anna Wise
6 Jan 2026
Business News
Claire’s and The Original Factory Shop collapse into administration
It will mean 1,355 employees in the UK and Ireland at 154 Claire’s shops will be put at risk, and 1,220 staff across 140 TOFS’ stores.
By Anna Wise
6 Jan 2026
UK
Prax Lindsey oil refinery to stop standalone operations after Phillips 66 sale
Phillips 66 said it had decided to not restart standalone refinery operations at the Lindsey site because it was not ‘viable in current form’.
By Anna Wise
6 Jan 2026
Business News
FTSE 100 closes above milestone 10,000 mark for first time
A strong trading session for mining and defence stocks helped lift the index higher as investors reacted steadily to political upheaval in Venezuela.
By Anna Wise
6 Jan 2026
Business News
Demand for defence stocks lifts FTSE as investors calm amid Venezuela turmoil
Investors appeared to react steadily to the political turbulence, with experts suggesting the impact to financial markets could be limited.
By Anna Wise
5 Jan 2026
Business News
Office workers flocked to travel hubs closer to home in 2025, data shows
Data from IWG shows an average 33% rise in visits to transport-linked locations in 2025, compared with the previous year.
By Anna Wise
5 Jan 2026
Business News
Claims firm investigated by watchdog over car finance sales tactics
The FCA has repeatedly said consumers do not need to use a claims management company or a law firm to access its scheme.
By Anna Wise
2 Jan 2026
Business News
UK manufacturing recovery picked up pace in December as demand grew
The S&P Global UK manufacturing PMI survey, watched closely by economists, showed a reading of 50.6 in December, up from 50.2 in November.
By Anna Wise
2 Jan 2026
Business News
London’s FTSE 100 tops milestone 10,000 mark after new year rally
The blue-chip index hit a new all-time intraday trading high on Friday.
By Anna Wise
2 Jan 2026
Business News
Deadline looms for postmasters to apply to key Horizon compensation scheme
Current and former postmasters are being urged to apply to the Horizon Shortfall Scheme (HSS) before the closing date of January 31.
By Anna Wise
1 Jan 2026
Business News
FTSE 100 scores best year since 2009 and outperforms Wall Street
Mining, defence, and finance shares led the charge with significant gains over 2025.
By Anna Wise
31 Dec 2025
Business News
Allied Pharmacies acquires another 68 branches of troubled Jhoots Pharmacy
Trade unions and MPs are among those to have raised concerns about operational problems at Jhoots and allegations of unpaid staff wages.
By Anna Wise
31 Dec 2025