LATEST BUSINESS NEWS

Tesco

Usdaw begins High Court ‘fire and rehire’ fight with Tesco

City of London

FTSE pushes above 7,000 as miners hit gold

Peloton treadmill

Peloton recalls treadmills over risk of injury

A customer looks at cars

Recovery of car industry ‘some way off’ despite April sales boost

XR protest

Barclays shareholders reject campaigners’ climate change call

Sanjeev Gupta

Liberty Steel hires team to accelerate overhaul after Greensill collapse

ATMs in London

ATM withdrawals jump as lockdown restrictions ease

A man using a laptop

Proportion of income claims for mental health issues ‘doubled in 2020’

Asda

Issa brothers set to sell petrol stations to help secure Asda takeover approval

Someone with a vaccine

Bank ‘to hike growth forecasts’ amid vaccine-fuelled recovery

Ever Given cargo ship blocks Suez Canal

Hiscox sets aside £34m for US storm, but less impact expected from Suez block

Virgin Money

Virgin Money returns to profit as bad debt charges fall

Debenhams

Debenhams reveals closing details for final 49 stores

Direct Line

Direct Line hit as pandemic affects motor market

Boohoo

Boohoo hails ‘early rewards’ from Debenhams and Arcadia rescue deals

ITV

ITV ‘cautiously optimistic’ as advertising revenues rebound

New cars

New car sales down 13% on pre-crisis April average

Scottish Widows says the argument to remove the earnings threshold is getting stronger

Scrap £10,000 earnings threshold for auto-enrolment, says Scottish Widows