EU Ryanair boss Michael O’Leary is on track for a £100mn bonus admin Dec 18, 2023 Ryanair CEO Michael O'Leary will receive a €100mn Bonus due to the low-cost carrier's shares reaching a new record.…
Stockmarket News Investors abandon notion that interest rates would remain ‘higher’ for… admin Dec 18, 2023 The recent rally on global bond markets has dispelled investors' long-held belief that interest rates will continue…
Economy Shetland’s SaxaVord Spaceport awarded licence for UK’s first vertical rocket… admin Dec 18, 2023 The UK has approved its first spaceport for vertical launch rockets in the northernmost part of the Shetland…
Automotive The car finance bubble bursts when drivers are unable to pay their payments admin Dec 15, 2023 Deal complaints are on the rise due to rising interest rates and cost of living. Complaints about auto finance…
Biofuel Palm oil fraud calls for stricter import rules on biofuels admin Dec 15, 2023 Campaigners warn that stricter rules are required to ensure that imported "used" palm oil is not virgin palm oil.…
Energy Redcar’s ‘Hydrogen Village’ project abandoned following local… admin Dec 15, 2023 A plan to use hydrogen to heat homes in a village in North-East England has been canceled after months of…
Economy OECD warns that Net Zero will cost the global economy trillions. admin Dec 15, 2023 Net zero would shrink Britain's economy by £60bn and cause the global economy to be $3.6 trillion (£2.8 trillion)…
Financial Coffee machine sales surge as prices of takeaway latte rise admin Dec 15, 2023 Demand for home espresso machines has increased due to the rising cost of coffee taken away. Alex Baldock said…
Oil and Gas IEA: Opec+ controls only half the oil market. admin Dec 15, 2023 Opec+ controls only half of the global oil production, as demand growth has slowed "dramatically" and US output is…
Business Beam Suntory sells Courvoisier Cognac to Campari admin Dec 15, 2023 Campari will buy Courvoisier Cognac, a US-Japanese spirit group Beam Suntory. The deal is valued at $1.32bn. Global…
Climate Carbon price falls as investors worry about ‘weak impact’ of COP28… admin Dec 15, 2023 Carbon prices dropped to their lowest level in 14 months because traders were not convinced by the COP28 Summit…
EU EU leaders agree to begin accession talks with Ukraine admin Dec 15, 2023 EU leaders agreed to start talks with Ukraine for its accession after Hungary's Prime Minister changed his mind…
Energy Solar farm to power London offices admin Dec 14, 2023 Workspace Group, a corporate landlord, has made an agreement with Europe's largest renewable energy generator to…
Artificial intelligence Axel Springer signs deal with OpenAI for ChatGPT to read its stories admin Dec 14, 2023 Germany's largest news publisher, Axel Springer, has made a groundbreaking agreement with OpenAI, granting them…
Defence industry Cohort, a British defence company, has seen its sales increase as a result of the… admin Dec 14, 2023 Cohort is facing a backlog of orders worth £353.9m after a surge in demand The rising tensions between China,…
Politics UK ministers are unable to prove that £259bn spent on procurement was wisely spent admin Dec 14, 2023 According to a cross-party group, the UK government was unable to prove that taxpayers received value for money on…
Economy UK economy unexpectedly shrinks in October admin Dec 14, 2023 According to data released just before the Bank of England’s final rate setting meeting of the year, the UK economy…
Business Vivendi floated a plan to split up admin Dec 14, 2023 The French media conglomerate Vivendi has proposed splitting into three separate businesses, which would be listed…