Daniel O'Boyle

Business news editor

<p>British Savings Bonds, which were unveiled in the spring Budget, have gone on sale (Dominic Lipinski/PA)</p>
Business

UK savers pour record amount into ISAs, Bank of England data shows

The figure was the highest since records began in April 1999

31 May 2024
<p>NatWest Group has appointed Paul Thwaite as its permanent chief executive (Alamy/PA)</p>
Business

Treasury sells another £1.24 billion worth of NatWest shares

The Government bailed out the bank after the Global Financial Crisis, and has been selling down its stake since

31 May 2024
<p>Křetínský has agreed that Royal Mail will deliver first-class post six days a week for the next five years after the acquisition but there are no guarantees on what happens after that</p>
Business

Royal Mail owner accepts £3.5bn bid from West Ham co-owner Křetínský

Křetínský has agreed that Royal Mail will deliver first-class post six days a week for the next five years after the acquisition but there are no guarantees on what happens after that

29 May 2024
<p>Czech billionaire Daniel Křetínský is set to be the next owner of Royal Mail, after submitting a shock bid for its parent company International Distributions Services (IDS) today (PA)</p>
Business

Who is Daniel Křetínský, the Czech billionaire buying Royal Mail?

He’s nicknamed the 'Czech Sphinx' due to his enigmatic approach to business

29 May 2024
<p>Revolution Bars expects trading conditions to remain challenging</p>
Business

Revolution Bars: Nightcap's rescue bid 'incapable of being delivered'

Revolution said the proposal faced “significant time, material cost and potential untested legal and procedural issues”.

28 May 2024
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Business

East London businesses unite to form new growth group

The East London Growth Potential Group brings together businesses including London City Airport and the ExCel, as well as business group BusinessLDN

28 May 2024
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Business

'Mind-boggling' mortgage moves as Barclays ups rates but TSB cuts

It comes soon after higher-than-expected inflation appeared to rule out a June interest rate cut from the Bank of England

24 May 2024
<p>Stansted Airport will carry 150,000 passengers over the bank holiday weekend, as British Airways returns to the Essex hub</p>
Business

150,000 to fly out of Stansted over bank holiday weekend

It comes as British Airways returns to the Essex hub

24 May 2024
<p>The UK is at risk of falling into a recession after revised official figures show the economy declined between July and September (Jonathan Brady/PA)</p>
Business

Shock plunge in retail sales deals pre-election economic blow to Sunak

The figures confounded City economists, who had expected a much more modest 0.4% decline

24 May 2024
<p>Tentative signs emerged today that the Bank of England could be ready to cut interest rates in August, as an influential business survey suggested that the service sector may finally be cooling down</p>
Business

Influential survey offers hope for August Bank of England rate cut

High services inflation has prevented the Bank of England from cutting rates so far, but it may finally be coming down

23 May 2024
<p>Halifax will cut its mortgage rates this week</p>
Business

Halifax reduces mortgage rates despite inflation dashing BoE cut hopes

Halifax announced that it will cut selected mortgage rates for movers and first-time buyers by up to 0.19 percentage points

22 May 2024
<p>The latest inflation data will be published on Wednesday (PA)</p>
Business

These are the UK's most in-demand jobs, according to Indeed

Nurse and chef are among the most in-demand roles

22 May 2024