Serco said it had seen a ‘much improved’ order intake during the second half Its sales have been aided by defence, justice and citizen services contracts By HARRY WISE Updated: 13:57 GMT, 19 December 2024 Outsourcing giant Serco expects its pipeline of new business opportunities to close 2024 at its strongest level for more than a…
By LIVE COMMENTARY Updated: 08:22 GMT, 19 December 2024 The Bank of England will later today reveal its Monetary Policy Committee’s decision on the direction of interest rates. Base rate is expected to be held at its current level of 4.75 per cent, amid fears of an inflationary resurgence. The FTSE 100 is down 1.2…
A key suspect has been detained in the hunt for the killers of a leading Russian general in Moscow. Lieutenant General Igor Kirillov, 54, in charge of Russia‘s radiation, chemical and biological defence troops, died in a bomb blast as he emerged from his apartment building early on Tuesday. The Russian FSB detained a citizen…
Kingfisher expects to complete the sale in the first half of the next fiscal year The B&Q owner’s Romanian operations have struggled to become profitable By HARRY WISE Updated: 15:56 GMT, 18 December 2024 Kingfisher has agreed to offload its loss-making business in Romania to a local electronics retailer. Screwfix’s parent company revealed plans to…
A love triangle murder mystery has been solved by macabre Google Street View pictures allegedly showing a body bag being loaded into a car. The extraordinary image, which is still available on Google Maps, shows someone leaning over a white sack in the boot of a red Rover car in the village of Calle del…
By EMILY HAWKINS and JOHN-PAUL FORD ROJAS Updated: 22:21 GMT, 17 December 2024 Rachel Reeves is under mounting pressure to reform business rates as figures show 225,000 High Street jobs have been lost over the past five years. The number employed in retail has fallen from 3.1m to less than 2.9m since 2019, according to…
A man who was arrested over the murder of Kyran Durnin has been found dead just days after reportedly telling neighbours that he was not involved in the child’s disappearance. The unnamed man, in his 30s, was detained at a Garda station in the east of the country last week in relation to the disappearance…
Barclays spokesman said it will look to appeal the High Court’s decision Since January, the FCA has been investigating the historical sale of car finance By HARRY WISE Updated: 15:36 GMT, 17 December 2024 Barclays has failed to overturn a major court ruling concerning commission payments on motor finance deals. The banking giant launched a judicial…
By MIKE SHEEN Updated: 12:11 GMT, 17 December 2024 Tullow Oil shares plunged on Tuesday after Kosmos Energy abandoned the takeover pursuit of its London-listed rival. The two firms confirmed preliminary talks over an all-share takeover last week in the wake of media speculation, but Kosmos has now said it does not intend to make…
By LIVE COMMENTARY Updated: 08:19 GMT, 17 December 2024 UK wages grew by a stronger than expected 5.2 per cent in the three months to October, fresh data from the Office for National Statistics shows. The data, which surpassed forecasts of 5 per cent growth in average weekly earnings before bonuses, could further weigh on…
