Business

Safety regulators warned people with kids and pets Saturday to immediately stop using a treadmill made by Peloton after one child died and nearly 40 others were injured. The US Consumer Product Safety Commission said it received reports of children and a pet being pulled, pinned and entrapped under the …

After three months of being deprived of a retail fix, it was only to be expected that shoppers would be out in force following the relaxation of lockdown rules in England. Sure, the weather was Arctic in parts of the country, but it takes more than the odd snow flurry …

A glowing, Deliveroo-style tribute from Rishi Sunak will not be required for this flotation. Vaccitech, the Oxford-based firm that owns some of the key biotechnology behind the AstraZeneca Covid vaccine, is off to New York for a public listing. One can almost hear the groans from the Treasury. For a …

The veteran newsreader Alastair Stewart has become the latest presenter to sign for the forthcoming GB News channel, as the new rightwing station prepares to launch later this year. He will host a weekend news and current affairs programme, joining a growing number of well-known older male presenters who have …

Concerns for the future of Liberty Steel and its 3,000 UK workers have grown after the government rejected its parent company’s plea for a £170m rescue loan. The rejection has added to the pressure on Liberty Steel, part of the business empire built up by the industrialist Sanjeev Gupta. Gupta …

The government’s old industry strategy – the one inherited from Theresa May’s administration – was “a pudding without a theme”, Kwasi Kwarteng, the business secretary, said the other day as he sang the praises of the chancellor’s new “build back better” plan to rewire the economy. Up to a point, …

The duo at the top of BT, chief executive Philip Jansen and chairman Jan du Plessis, should be able to put aside their quarrels and agree on this point: the company has secured decent terms from Ofcom for the rollout of full-fibre broadband. The “fair bet” for BT, meaning the …

Tearing at the Tory party’s fabric is the thought of spiralling government debt. The subject triggers a cold sweat in some of the most emotionally resilient Conservative backbench MPs, such is the distress it generates. Much as the German centre-right parties have spent the past 90 years fearing a return …

The rift, or alleged rift, at BT can’t rival the one on the front pages. We would probably have forgotten about it if somebody at the telecoms company had not insisted on issuing a half-baked statement on Monday in response to a three-day-old story. As is often the case, the …

Britain’s growth rate will accelerate next year at the fastest rate since official records began as the economy rebounds by 7.3%, according to the government’s independent economic forecaster. With Covid restrictions set to remain until the summer, delaying the stat of the recovery, the Office for Budget Responsibility said the …