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BUSINESS

UK debt reaches highs not seen since 1960

The UK’s national debt hit a record £2.06 trillion (€2.3 trillion) at the end of September, up £259.6 billion in six months, according to...

China’s Ant Group could raise nearly £26.5bn in record share offering

China’s Ant Group will try to raise nearly £26.5 million in its initial public offering in Shanghai and Hong Kong, which would make it...

Former Aer Lingus chief calls for quarantine to be replaced by test before flying

The former boss of Aer Lingus has demanded that the self-isolation requirement in Ireland and the UK for international arrivals is replaced by Covid-19...

Dettol and Durex owner sees more cleaning and less sex

Sales of air fresheners and cleaning products are soaring as workers focus on improving their new home offices, according to global consumer goods giant...

Flybe could return to skies next year after rescue deal

Flybe planes might start taking off again early next year after administrators said they had agreed a rescue deal for the collapsed airline. Thyme Opco...

Instagram to tackle ‘hidden advertising’ after competition watchdog probe

Instagram has pledged to do more to stop hidden advertising appearing on the platform following a probe by the UK’s competition watchdog. The Competition and...

British Airways fined €22m over data hack

British Airways has been fined £20 million (€22 million) over a 2018 data hack, the UK's Information Commissioner’s Office (ICO) has announced. Investigators found the...

Wetherspoon sinks to first loss in 36 years over Covid-19

Pubs chain JD Wetherspoon has sunk to a loss of £105.4 million (€116.4 million) after sales took a £556 million (€614 million) hit from...

British Airways boss Alex Cruz to be replaced by Aer Lingus chief

British Airways chief executive Alex Cruz has been shown the door as the airline struggles to cope with the coronavirus pandemic. The carrier’s parent company,...

Libyan oil production resumes amid peace talks between rival factions

Libya’s national oil company announced it was resuming production at the country’s largest oil field as rival officials from eastern and western Libya began...

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