Who is Daniel Křetínský? Czech billionaire allowed to buy Royal Mail
He’s nicknamed the 'Czech Sphinx' due to his enigmatic approach to business and could buy the Royal Mail as soon as this month
Energy Price Cap to decline further in July, but rise this winter
Energy consultancy Cornwall Insight says the price cap will fall to £1,560 from 1 July, but will then rise to £1,630 three months later
Muji files for administration in latest retail insolvency
But the shops are expected to be saved through a pre-pack deal
Thames Water 'teetering on brink' as shareholders pull survival funds
An MP called for the firm to be put into special administration
Morrisons boss says ‘customers are beginning to notice’ improvements
Like-for-like sales excluding fuel grew by 4.6% at £3.9 billion
Mortgage shock as two big lenders up some rates while cutting others
Mortgage brokers were baffled by some of the changes
London-listed betting giants rethink plans for world domination
William Hill owner 888 announced cutbacks in ‘non-core’ regions, while Flutter took a huge hit from writing down the value of its operations in smaller markets
Papa Johns: Full list of 17 London restaurants set to close
Papa Johns said on Tuesday that it will close the restaurants by mid-May following a consultation process.
Renting ‘cheaper than buying’ in most of UK — but not London
The average monthly cost to first-time buyers to own a home in the capital is now £2,241
‘Inflation will be too low for the next three years’, economists say
If so, the Bank of England is likely to start slashing interest rates
The Mortgage Works offers sub-4% buy-to-let mortgage
It’s the first sub-4% deal in the current cycle of price changes
Energy Price Cap could be replaced by ‘market-based’ system
The new system could mean greater exposure to fluctuations in wholesale energy prices
City traders up bets on Bank of England cutting interest rates in May
June is still seen as most likely, but a cut at the Bank of England’s very next meeting is now seen as a possibility
Aston Martin taps Bentley boss as new CEO
He will be the James Bond favourite’s fourth CEO since 2020.
$100bn taken off Apple market value amid US Justice Department lawsuit
Shares in the iPhone maker fell by 3.8%, far enough to take $100 billion off the tech giant’s market cap.
$100bn taken off Apple market value amid US Justice Department lawsuit
Shares in the iPhone maker fell by 3.8%, far enough to take $100 billion off the tech giant’s market cap.
Retirement advice firms ‘not even getting basics right’, says watchdog
The FCA has called on all regulated firms offering financial advice to review their processes when providing retirement income advice