The Task Force

Tesco has announced the sale of most of its banking arm to Barclays in a deal worth up to £1bn. The UK’s largest retailer, which… Read More »Tesco Bank sold to Barclays in deal worth up to £1bn

Labour will announce on Thursday that it is scaling back its flagship green prosperity plan, Sky News understands. The policy will not be dropped altogether,… Read More »Labour to ditch £28bn green prosperity plan

Rishi Sunak’s plan to build HS2 between London and Birmingham but not extend it to Manchester will be “very poor value for money”, cross-party MPs… Read More »HS2 ‘offers very little value for money’ after northern leg ditched, MPs warn

Retailers suffered a “lacklustre” January as bad weather and cost of living pressures discouraged shoppers from opening their wallets after Christmas, according to new research.… Read More »‘Lacklustre’ January for retailers with bad weather and cost of living pressures blamed

The owner of Tangle Teezer, the British hair-styling brand, has enlisted investment bankers to explore options for the company that could include an eventual sale.… Read More »Tangle Teezer owner hires bankers to weave new chapter

A manufacturer of sports supplements part-owned by JD Sports Fashion is beginning preparations for a £1bn flotation that could help breathe fresh life into London’s… Read More »JD Sports-backed Applied Nutrition plots £1bn London float

Emma Crosby fills in for Ian King on today’s podcast. She is joined by David Henderson, the chief executive of trade association Water UK, to… Read More »Water bills, a chemical giant’s demerger, and electric boat racing

Meta Platforms and Amazon.com added a combined $280bn in stock market value after the tech giants reported impressive quarterly results. It wasn’t such good news… Read More »Meta and Amazon values surge as Huawei and folding phones take a bite out of Apple’s stock

Jeremy Hunt has cast doubts over introducing big tax cuts at the next budget, saying he is unlikely to have the fiscal “room” he had… Read More »Hunt casts doubt on big tax cuts at next budget

Elon Musk must give up a compensation package awarded by Tesla’s board of directors that is potentially worth more than $55bn (£43.4bn), a judge has… Read More »Elon Musk cannot keep $55bn Tesla pay package, judge rules