LATEST BUSINESS NEWS

Living Wage rates increase

Pay boost for workers as voluntary real living wage increases

Students

70% of first-year students fear part-time work has ‘dried up’, survey finds

Joe Biden

FTSE notches up best week since June amid US vote count

Edinburgh Woollen Mill finances

Edinburgh Woollen Mill and Ponden Home stores fall into administration

Sports Direct store

Sports Direct confirms closure of English stores and attacks Michael Gove

Royal Mint Remembrance Day coin

Special coin minted to mark 100 years since Unknown Warrior’s burial

WH Smith to post a loss this year

WH Smith to post loss after pandemic weighs on travel sales

New homes

Housebuilder Redrow sees soaring demand for work space in new homes

A Co-operative Bank branch

Co-op Bank halves loss in nine months

Pizza Express sign

Pizza Express appoints new bosses as chain completes refinancing deal

House prices

Average UK house price breaks through £250,000 barrier – index

EasyJet plane

EasyJet scales back flying capacity again after latest virus restrictions

Honda car

Japanese carmaker Honda reports profit rise despite pandemic

Hovis bought by private equity

Bakery brand Hovis sold to UK private equity firm Endless

Jobs have been lost in the theatre industry

Furlough scheme extension ‘came too late for some in the culture sector’

Dominic Chappell

Ex-BHS owner Dominic Chappell jailed over almost £600,000 in unpaid taxes

Bentley Motors will stop making conventionally-fuelled cars in the next six years, the luxury brand has announced (Steve Parsons/PA)

Bentley to stop selling non-electric cars by 2026

The Walney Extension

Scottish Power outlines new £10bn investment in green energy