Thames Water thrown £3billion lifeline to stop it running out of cash by Christmas
THE UK’s biggest water company has been thrown a lifeline to stop it running out of cash by Christmas. Troubled Thames Water yesterday said it had secured a loan of…
Mike Ashley threatens WWE-style smackdown at Boohoo by demanding they make him chief executive
MIKE Ashley is threatening a WWE-style smackdown at Boohoo by demanding the retailer makes him chief executive. Just one day after dropping a separate £111million bid for Mulberry, the sportswear…
Celebrity-backed health tech firm Zoe launches second round of layoffs in six months
BRITISH health tech firm Zoe, championed by celebrities including Davina McCall, has launched a second round of layoffs in six months. Last year Zoe was deemed one of the fastest-growing…
Pubs and restaurants face ‘cliff edge’ unless Rachel Reeves axes looming tax hike, warn bosses
PUBS and restaurants face a “cliff edge” unless Rachel Reeves axes a looming tax hike, anxious bosses have warned. Some 170 hospitality chiefs – including booze giants like Greene King,…
Boohoo boss quits ailing fashion firm as it explores a break-up of its brands
THE boss of Boohoo is stepping down as the online retailer explores a break-up of its fashion brands. John Lyttle joined from Primark five years ago when Boohoo was valued…
Water giants want even more cash from hard-pressed customers – by adding £100 to bills over five years
WATER giants want to flush out even more cash from hard-pressed customers by adding another £100 to bills over five years. The biggest suppliers in England and Wales say they…
Inflation dips to lowest level in three years after fall in petrol and diesel prices
PETROL and diesel prices falling an average ten per cent have seen inflation dip to the lowest level in three years. Official figures yesterday showed consumer price inflation fell to…