German government to guarantee £6.5bn Siemens Energy rescue package November 14, 2023 Siemens Energy is set to receive a €15bn rescue package, underwritten by the German government.
Liz Truss-backed economists say minimum wage is ‘destroying jobs’ – and call for cut November 14, 2023 Growth Commission co-chairman Douglas McWilliams told an event in Westminster that the current minimum wage level was “destroying jobs”.
Brazil’s Natura sells The Body Shop to Aurelius in £207m deal November 14, 2023 Brazilian cosmetics maker Natura &Co has agreed to sell The Body Shop to private investor Aurelius Group in a deal that values the firm at £207m.
Three more lenders cut mortgage rates as others warned to ‘sharpen pencils or risk losing out’ November 14, 2023 First Direct, Halifax and HSBC UK have all cut their rates, while others have been warned they risk losing out.
Deliveroo, Just Eat and Uber Eats urged to reform after reports of children working as riders November 14, 2023 Rules reportedly enable children to work as delivery riders, despite 18 being the minimum age, as “substitute” couriers aren't recognised.
Babcock: British defence giant on track for growth as global demand for arms soars November 14, 2023 British engineering giant Babcock stuck to annual guidance for growth on Tuesday as the global threat environment continues to drive demand for defence equipment and maintenance work. Babcock posted underlying operating profit up 27 per cent to £154m for the six months to the end of September, helped by income from its contract to build frigates [...]
Glencore swoops in to buy 77 per cent of Canadian miner Teck in £5.65bn deal November 14, 2023 Japan's Nippon Steel will pay $1.7 billion and swap its interest in one of Teck's coal operations for 20 per cent of the coal business, the report said, citing sources.
Bim Afolami: Meet the new City minister and ex-Freshfields and HSBC man November 14, 2023 Ten years in the City prior to moving into politics should serve Bim Afolami - and regulatory reform wonk - well in his City Minister role
Moving markets: What’s shaping the FTSE 100 today November 14, 2023 Chinese bank loan data and UK jobs numbers will shape much of the FTSE 100 and markets action this morning
David Cameron to avoid regular questioning by MPs as foreign secretary November 13, 2023 Lord Cameron will face questions from elected MPs only when he appears before select committees.