Plans by Amazon and vacuum cleaner maker iRobot to merge have been abandoned following concerns that the move would harm competition. The $1.4bn (£1.1bn) deal,… Read More »Amazon and iRobot merger abandoned over competition concerns
Channel 4 will announce plans this week for deeper-than-expected job cuts amid a steep downturn in the broadcast advertising market. Sky News has learnt that… Read More »Channel 4 to unveil deeper job cuts as ad downturn bites
The business secretary has said she “felt there was a need for new leadership” at the Post Office as it was announced its chairman is… Read More »‘Need for new leadership’ at Post Office as chairman ousted, business secretary says
New Brexit border controls will leave British consumers and businesses facing more than £500m in increased costs and possible delays – as well as shortages… Read More »Why cheese, fish and flowers could all soon cost more because of new Brexit rules
Saga is exploring ways to release money from its ocean cruises operation which could involve selling its two flagship vessels or offloading the entire business… Read More »Saga floats idea of selling stake in ocean cruises arm
The new City minister will on Thursday hail the government’s ambition to orchestrate a “renaissance” of London’s capital markets as he unveils fresh details of… Read More »Afolami to hail London capital markets ‘renaissance’
Completion of the Hinkley Point C nuclear plant has been delayed for up to another four years, according to the French company developing it. The… Read More »Hinkley Point C nuclear power station delayed by up to four more years
Wm Morrison, the supermarket chain, is closing in on a £2.5bn deal to sell its petrol forecourts portfolio to another company backed by the same… Read More »CD&R-backed Motor Fuel Group closes in on £2.5bn Morrisons deal
Water company bosses have awarded themselves over £25m in bonuses and incentives since the last general election, according to analysis by Labour. The analysis found… Read More »Water bosses ‘have pocketed £25m in bonuses since 2019’ despite sewage scandal
Ofcom will next week outline options for reforming Royal Mail’s service obligations that could pave the way for the abolition of Saturday postal deliveries amid… Read More »Ofcom paves way for Royal Mail to axe Saturday post