Biznes

As a result of the high-street chain Wilko‘s official bankruptcy, up to 12,000 jobs could be lost. On August 10, the 400-store retailer — 26 of which are in London — entered administration, with PwC administrators assuming control of the company to maximise value for its creditors.more

The two billionaires were still due to face each other in an MMA duel in August, broadcast on the social media platforms they own. However, they have since failed to agree on a date for this fight. Zuckerberg issued a statement on Threads and Instagram saying it was "frivolous" on Musk's part, so he is "no longer pursuing this topic".more

A new raft of Boots stores that are set to close has been announced. The Nottinghamshire-based health and beauty giant plans to shut 300 branches over the next year. more

Retailers are ramping up promotions to try to persuade shoppers to spend more after July's wet weather hit business. more

For 53 per cent of industrial employers, the biggest challenge is attracting skilled workers, according to the 'Industrial Compensation Report'. It added that 28 per cent of industry employers anticipated increasing employment in the second quarter of this year.more

UK banking giant Barclays is considering moving its fledging EU headquarters from Dublin to Paris, less than five years after it chose the Irish capital as its European hub as a result of Brexit.more

50.5 entrepreneurs are concerned that inflation will negatively affect their business. However, compared to the previous measurement, this group is 8 p.p. smaller. - stated in the 'EFL Barometer' survey published today.more

More than half of the 1,871 European companies that operated in the Russian Federation prior to Russia's invasion of Ukraine have not withdrawn from the market, according to data from the Kiev School of Economics cited by the UK's "Financial Times" today.more

The majority of Irish consumers have revealed that they are now less loyal to brands compared with two years ago. more

UK homeware retailer Wilko has warned that it is on the brink of collapse, putting some 12,000 jobs at risk. The privately owned company said it had filed a "notice of intention" to appoint administrators after failing to find enough emergency investment.more

Young people’s shopping habits are increasingly shaped by celebrities or social media influencers, research shows. more

Suppliers slow to pass on falling prices after absorbing months of cost increasesmore

Mobile operator Virgin Media O2 is to slash up to 2,000 UK jobs, or 12% of its total workforce, by the end of this year. The figure includes 800 role reductions that were already announced, the BBC understands.more

The scale of exports of products manufactured in the UK to EU countries is growing, according to the latest statistics published by the Make UK group. As it was emphasized, the phenomenon takes place despite numerous warnings that Brexit will lead to the freezing of trade relations with the Communitymore

A council has contacted another interested party about running a Christmas market after its organiser pulled out.more

Ryanair plans to invest more than $3 billion in Ukraine to quickly rebuild the country's post-war aviation industry, the airline said in an official announcement.more

Jaguar Land Rover-owner Tata has confirmed plans to build its flagship electric car battery factory in the UK. more

The UK is "definitely over the worst" of food price inflation, the boss of online food retailer Ocado has said. more

Tobacco companies have a new strategy - they are investing billions of euros in drugs for smokers, the investigative journalism platform The Investigative Desk and the magazine "Dutch Journal of Medicine" reported on Thursday. According to the manufacturers, this is a responsible "transformation" of the sector, while pulmonologists are concerned about the growing influence of the tobacco industry.more

There has been an "untold increase" in the number of high net worth Brits paying to become EU citizens post-Brexit, wealth experts have told 'The Telegraph'. more

The UK's hospitality sector is still short-staffed and businesses fear they will struggle to cope over the busy summer holiday season.more

Businesses have lost an estimated one billion euros due to the ongoing unrest across France since last Tuesday, Medef, France's largest employers' organization, estimated on Monday.more

Energy suppliers have been warned they should retain profits rather than pay out returns to shareholders, to ensure firms can weather future price shocks. more

Employers should hire more ex-offenders to help fill Britain’s 1.1 million job vacancies, a new report argues. ReGenerate’s Good Jobs Project, set to launch on Monday, is lobbying to get those from marginalised groups, such as young people in or leaving care and the “invisibly disabled”, into work to address the “vacancy crisis” and help people.more

Energy bills are likely to stay high for the foreseeable future, according to the boss of the company that owns British Gas.more