Oil and Gas US oil giant pulls out of North Sea following industry meeting with Hunt admin May 17, 2024 Chevron, the US oil giant, has announced that it will leave the North Sea after more than 55 years. This…
Energy The nuclear waste will be stored at a depth of 650ft below the English countryside admin May 17, 2024 Ministers have agreed to start digging a 650ft deep pit in England this decade. The facility has not yet been…
Companies Ministers disagree over Harland & Wolff, the Titanic shipbuilder admin May 16, 2024 In a dispute that has cast doubt on the future of Harland & Wolff, the Belfast shipbuilder responsible for the…
Transport Eurostar will add up to 50 new trains to its fleet and increase services in order… admin May 16, 2024 Eurostar is planning to purchase up to 50 new trains, and it's considering adding more international routes to…
Companies As demand for luxury goods declines, Burberry’s profits fall by 40% admin May 16, 2024 Burberry's profits fell by 40% over the past year due to a general slowdown in luxury goods demand that has…
Property Landlords sell up, leaving 2,000 homes a month facing homelessness in England admin May 16, 2024 Private landlords are claiming to be selling their properties, and some blame the uncertainty created by the…
Brexit Brexit IT problems at the border can delay perishable imports to UK by as much as… admin May 16, 2024 The UK's most busy Brexit post is holding up to 20-hours of trucks carrying plants and perishable foods from the EU…
Tech The tech firm Raspberry Pi prepares for a London Stock Exchange IPO admin May 16, 2024 The British technology firm Raspberry Pi confirmed its intention of flotation in the UK. This is a major boost for…
Companies UK firms are accused of profiteering after a study found that margins increased… admin May 16, 2024 Thousands of UK companies have exploited their corporate power to increase profit margins since the pandemic,…
Business Royal Mail owner supports a £3.5 billion takeover bid by Czech billionaire admin May 16, 2024 The owner of Royal Mail backed an offer of £3.5bn from a Czech millionaire for the postal service after he…
Business JCB supplied equipment to Russia for months after saying that exports had stopped admin May 16, 2024 British digger manufacturer JCB, owned and controlled by billionaire Bamford Family, continued to manufacture and…
Business China plans to buy millions unsold homes amid the property crisis admin May 16, 2024 China may buy millions of unsold homes as part of an ambitious plan to address its current property crisis.…
Jobs and Employment Anglo American reduces fertiliser production at risk of 1,650 jobs admin May 15, 2024 Anglo American has decided to delay and drastically reduce the Woodsmith Fertiliser Mine under the North York…
Banking Before voting on Virgin Money’s takeover, the auditors will delay the vote. admin May 15, 2024 Virgin Money UK shareholders will vote on the proposed £2.9billion takeover of Nationwide Building Society next…
Electric Vehicles Biden raises tariffs in China on electric cars and chips admin May 15, 2024 The United States took another step to end an era of "free trade" with China, by increasing tariffs on imports of…
Automotive Vauxhall to sell cheap Chinese electric vehicles in UK and continental Europe admin May 15, 2024 Global carmaker Stellantis will sell electric cars produced by its Chinese partner Leapmotor to Europe, including…
AI OpenAI’s GPT-4o model promises to improve smartphone assistants admin May 15, 2024 One question that has been nagging me for the past year and a bit since the launch chatGPT is: If AI can do it, why…
Fitnesses and Wellbeing Ozempic is a weight loss drug that can also be used to treat dementia and… admin May 15, 2024 The drug has been in the news for a number of years, firstly as a treatment for type 2 diabetics and then as an aid…