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ECONOMY
Bournemouth is the best city to launch your own business – here’s why
Rising energy bills, supply chain issues and consumer confidence taking a hit as inflation bites means the environment for small businesses is bleak.For many it has presented the opportunity to start a side hustle to supplement income but…
MARKET REPORT: City braced for swoops on Darktrace and Ted Baker
Shares in Darktrace will be in focus today after it was approached by a US private equity giant.The cyber-security group confirmed last night after markets closed that it had been approached by Thoma Bravo.Shares are expected to soar at the…
ALEX BRUMMER: Xi Jinping loses his lustre
The intriguing question about China before Covid-19 was how long would it take it to overhaul the United States as the world’s largest economy.With annual growth rates running at between 8 per cent and 10 per cent, the crossover point was…
Rio Tinto’s £2.2bn bid for Mongolian copper site is knocked back
Rio Tinto has suffered another setback after its £2.2biliion bid to take control of a Mongolian copper project was rebuffed.The FTSE 100 miner said it was ‘disappointed’ its plan to buy the 49 per cent stake in Canadian mineral explorer…
Phoenix Group on the hunt for next takeover deal
Phoenix Group chief exec Andy Briggs (pictured)Phoenix Group’s boss said the business is ‘ready to look’ for its next takeover deal with speculation rife of more break-ups in the industry.Andy Briggs, chief executive of the…
How our water industry went down the drain
Downpours may have brought an end to one of the driest summers in Britain for half a century.But even as the country is warned of ‘dangerous’ flash floods, millions more households face hosepipe bans.The crisis has thrust our biggest water…
Joules names Jonathon Brown as its new chief exec
Struggling Joules has hired a new chief executive as part of its turnaround plan. Jonathon Brown, former boss of comparison website Compare the Market, will replace Nick Jones as the fashion retailer’s chief executive at the end of…
Investment boost for ousted WeWork founder Adam Neumann
Backing: WeWork founder Adam Neumann (pictured with wife Rebekah) Ousted WeWork founder Adam Neumann has won financial backing for his comeback project from one of Silicon Valley’s most prominent venture capital…
Oil tanks as fears over China mount: Crude back at pre-invasion levels
Oil prices skidded to levels last seen before the Ukraine war as China unexpectedly cut interest rates in an attempt to revive its flagging economy.Brent crude fell by more than 5 per cent to as low as $92.78 a barrel after the central bank…
Return to work, John Lewis urges over-50s
The boss of John Lewis has called on the over-50s to re-enter the workforce to prevent the economy from falling into the grip of 'stagflation'.Dame Sharon White, who has headed the department store group since February 2020, said the labour…
