LATEST BUSINESS NEWS

Coronavirus – Mon Jan 25, 2021

Markets drop amid worries of travel restrictions

Jenners, the world’s oldest independent department store

Department store Jenners to close with loss of 200 jobs

Google on a mobile phone

Google ‘confident’ third-party cookie alternatives are right for ads and privacy

A self-assessment form

No self-assessment late filing penalty for those who file online by February 28

Pensioners

Retirees looking to buy an annuity income may be disappointed, research finds

An empty Cineworld cinema

Cineworld shareholders approve bosses ‘excessive’ £208m bonus scheme

Rishi Sunak

Fewer than 2,000 young people start new roles through £2bn job scheme

Bernard Looney in Downing Street

BP scales back exploration arm amid drive to slash emissions

The outside of a Debenhams store

Boohoo buys Debenhams brand and website for £55m – but stores to close

A Debenhams' shop sign

Judge issues winding-up order against ‘rudderless ship’ Debenhams

Electricity pylons

Government should strip National Grid of energy operator role, says regulator

H&T Pawnbrokers sign

Pawnbroker H&T to beat profit targets after strong gold and jewellery trading

Virgin media sign

Virgin Media launches 5G services in the UK

Lee Jae-yong

Samsung heir will not appeal against prison sentence over bribery

A Topshop/Topman store sign.

Asos in exclusive talks to buy Arcadia’s Topshop

Older people walking

More than 150,000 55 to 64-year-olds ‘pushed into early retirement by Covid-19’

Women look though an estate agent's window

Average UK first-time buyer deposit ‘increased by £10,000 in 2020’

Interest rates

Bank of England risks creating climate change ‘moral hazard’, MPs warn