Oscar Williams-Grut

City Editor

Business

London needs another wave of innovation like the post-2008 boom

The financial crisis birthed a generation of fintech innovators — what will the Covid crisis bring?

20 May 2022
Business

Billionaire boss of B&M Value Simon Arora to retire after 17-years

Arora and brother Bobby acquired the Liverpool-based chain in 2004 and have grown it from 21 stores to 1,100

22 Apr 2022
FILE PHOTO: Tesla CEO Elon Musk reveals the Tesla Energy Powerwall Home Battery during an event in Hawthorne, California
Business

Musk could take $43bn Twitter takeover bid directly to shareholders

The Tesla CEO has lined up $46 billion in financing to support his takeover attempt, a new filing shows, including $21 billion of his own money

21 Apr 2022
Business

THG rejects multiple ‘unacceptable’ takeover bids after stock collapse

Shares in the online retailer have dropped 85% since last summer amid concerns about corporate governance and plans to focus on its small, but fast-growing, platform business Ingenuity

21 Apr 2022
Business

Rishi Sunak must act now to tackle ‘horrific’ energy bills

Even energy bosses want the Chancellor to intervene on soaring heating bills

20 Apr 2022
P&O Ferries announcement
Business

Reform company law to avoid another P&O Ferries scandal, say bosses

‘We need to update our laws so that a decision like that can never be made in a British boardroom ever again’

20 Apr 2022
Business

Vaccine maker Oxford Biomedica pauses production

Shares in the FTSE 250 company slumped as much as 10% as it warned revenues will be lower this year than last

20 Apr 2022
FILE PHOTO: The Canary Wharf business district is seen at dusk in London
Business

‘Desperate’ banks drive City hiring boom as job ads hit two year high

London finance job ads jump 73% as senior bankers see average pay rises of 22%

14 Apr 2022
Business

Record increase in factory costs fuels stagflation fears

Raw material costs for manufacturers jumped by 19.2% in March, the biggest leap since records began, stoking fears that inflation could climb higher than expected

13 Apr 2022
Bank of England Monetary Policy Report
Business

Fourth rate rise in a row looms at Bank of England

City economists think the Monetary Policy Committee will hike the UK’s interest rate to 1% at its next meeting on May 5

13 Apr 2022