Kier closes in on £110m sale of housebuilding arm
The construction group Kier is closing in on the sale of its loss-making housebuilding division as it seeks to shore up its balance sheet.
Business news
Kier closes in on £110m sale of housebuilding arm
Prompt Payment Code strengthened to help small firms
Big businesses have been told they must pay small suppliers within 30, rather than 60 days, under a strengthened Prompt Payment Code.
Seafood lorries park near Downing Street to protest Brexit delays
Lorries used to transport British seafood have parked on the roads near Downing Street in protest over delays getting into the EU due to new Brexit rules.
Lloyd’s insurer Canopius eyes £2bn London float
Canopius Group, one of Lloyd’s of London’s largest insurers, is plotting a flotation on the London Stock Exchange that could value it at more than £2bn.
House prices dip as sellers race to agree deals before end of stamp duty holiday
Property asking prices have dipped as home sellers scramble to agree deals before the end of the stamp duty holiday, new figures suggest.
China confirms economic bounce-back with 2.3% GDP growth
China has confirmed its bounce-back from the coronavirus crisis as official figures revealed its economy grew by 2.3% last year.
The economic challenges facing Joe Biden as he enters the White House
Joe Biden faces two economic challenges in taking office this week.
Interactive Investor bolsters scale with swoop for EQi
Interactive Investor, Britain's second-largest direct-to-consumer share trading platform, is on the verge of another strategically compelling takeover with a deal to buy the retail business formerly known as Selftrade.
EDF ignites stock market spark with plan for Pod Point float
EDF, the French state-backed energy giant, is drawing up secret plans for a stock market flotation of one of Britain's biggest providers of electric vehicle charging infrastructure amid soaring demand from motorists.
Hambro Perks swoops for tech bargains in £150m Invesco deal
A leading early-stage investor has struck a £150m bargain to buy stakes in more than a dozen technology companies from one of Britain's biggest asset managers.
Revealed: Councils losing tens of millions of pounds supporting companies through COVID
Local authorities are losing tens of millions of pounds supporting struggling business tenants through the pandemic which could have dire and long-lasting consequences for local services, Sky News has found.
Airports could close temporarily as they reach 'near-complete shutdown'
The travel industry is pleading for more support as the latest coronavirus restrictions left the UK's airports at "near-complete shutdown", with warnings they may have to close temporarily.
WhatsApp delays launch of controversial feature after privacy backlash
WhatsApp is delaying the rollout of new business features following a user backlash over the company's data sharing practices.
Barclays weigh £3bn float of online retailer Very Group
The proprietors of The Daily Telegraph have begun exploring plans for a £3bn-plus flotation of Very Group, their booming online retail operation.
'No time to waste': Biden unveils $1.9trn plan to help US fight coronavirus
President-elect Joe Biden has revealed a $1.9trn (£1.4trn) stimulus package to help the US get through the coronavirus pandemic.
Supreme Court unlocks COVID insurance payouts for scores of small firms
Small firms are cheering a Supreme Court ruling that forces insurers to pay out on disputed coronavirus business interruption claims worth at least £1.2bn.
Economy returned to reverse gear in November with 2.6% contraction
The UK economy returned to a reverse gear in November as tightened coronavirus restrictions took their toll on the fightback from the steepest recession on record, according to official figures.
Entain lines up first woman to run listed UK gaming group
The owner of Ladbrokes is lining up the first female chief executive of a major quoted British gambling group as it tries to defend itself against an £8bn takeover approach from the US casino giant MGM Resorts.
Pleas for more support ahead of Sunak's Budget
The chancellor is facing growing pressure to give more support to people and businesses struggling during the coronavirus pandemic.
US weekly jobless claims near a million amid COVID resurgence
US unemployment claims climbed to nearly a million last week in the latest sign that a resurgence in the coronavirus crisis is taking its toll on jobs.
UK's cheapest supermarket revealed as it pips rival by 34p
Lidl has narrowly beaten budget rival Aldi to be named the cheapest supermarket of 2020, according to Which?
Primark predicts £1bn in lost sales if lockdowns persist to end of February
The owner of Primark has warned it faces losing over £1bn in sales if coronavirus lockdowns force the majority of its stores to remain closed through February.
Tesco reports record Christmas but expects £810m hit from COVID costs
Tesco has reported a record Christmas across its business but warned annual coronavirus-related costs are on track to hit £810m.
Seafood firms 'only have weeks to survive' - as minister admits Brexit 'teething problems'
Scottish seafood companies only have "weeks" to survive without action to ease EU export delays, an industry leader has warned - as the environment secretary blamed "teething problems" due to Brexit.
Struggling Norwegian slims down with the loss of 1,100 Gatwick jobs
Norwegian, the struggling European airline that offered cut-price transatlantic flights, is to cut the routes resulting in the loss of 1,100 jobs at Gatwick Airport.
Approach for Carrefour shows not even Europe's largest retailers are immune to takeover talk
It is a name instantly recognisable to anyone who has visited France.
Deliveroo picks banks to serve up blockbuster float
Deliveroo has hired a quartet of investment banks to help it serve up what could be London's biggest stock market flotation of 2021.
Air Canada latest airline to cut capacity as COVID pandemic continues to hurt aviation
Air Canada will cut its capacity by 25% in the first quarter of the year, resulting in the loss of around 1,700 jobs.
Supermarkets warn of Brexit 'cliff-edge' for Northern Ireland supplies
UK supermarket chains have demanded government intervention to prevent "unworkable" new Brexit regulations causing disruption to food supplies to Northern Ireland.
Debenhams reveals six stores - including flagship Oxford Street branch - will not reopen after lockdown
Debenhams has revealed that six of its stores will not reopen, with 320 jobs to be affected.
More news on Smeck Capital Management
Canopius Group, one of Lloyd’s of London’s largest insurers, is plotting a flotation on the London Stock Exchange that could value it at more than £2bn.
Property asking prices have dipped as home sellers scramble to agree deals before the end of the stamp duty holiday, new figures suggest.
China has confirmed its bounce-back from the coronavirus crisis as official figures revealed its economy grew by 2.3% last year.
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