Sunak allows oil and gas exploration on sites for offshore wind
The government will announce Friday that fossil fuel companies can now explore for oil or gas beneath offshore wind…
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Gazprom suffers its worst loss for decades due to a collapse in sales to Europe
Gazprom, the Russian energy giant, has suffered its worst loss in more than 25 years after gas sales have been cut…
TikTok welcomes back music stars
Adele, Drake, and other world-famous music stars will return to TikTok following a resolution of a bitter dispute…
Shell profits of $7.7 billion dollars beat expectations
Shell reported better than expected profits for the first quarter of the year. The company benefited from an…
Maersk’s profits plummet as Houthi attacks on the Red Sea take their toll
AP Moller Maersk has seen profits plummet as the shipping industry calculates the costs of disruption caused by…
Lloyd’s Insurance acknowledges losses in Baltimore Bridge Crash
The Baltimore Bridge collapse has caused two of the largest players on the Lloyd's of London Insurance market to…
Guardian will cut jobs for journalists as it struggles to recover from heavy…
The Guardian has announced a programme of redundancies as it struggles with a sharp decline in advertising.…
Property trust seeks £500m London Listing in Rare Boost for City
London's stock market, which has been in turmoil for years, is about to get a boost from a City Property Trust that…
Coutts withdraws £2bn from London Stock Market
The Royal Family's bank is planning to invest abroad in order to achieve the best returns.
King's Bank is the…
Starbucks’ sales plunge by £12bn due to consumers cutting back on expensive…
Coffee chain blames "more demanding" customers for sudden drop in sales
Starbucks shares dropped by over 16pc…
Wickes sales drop as consumers turn away from new kitchens
Wickes Group maintained its annual guidance in spite of a sharp drop in quarterly sales, as consumers shied away…
Amazon’s profits are boosted by cloud computing, advertising and marketing
Amazon has reported an increase in profits for the first quarter of this year. Advertising and cloud computing are…
Aston Martin says new models will drive profit after sales fell
Aston Martin Lagonda's first-quarter sales have been slow, but the group says that four new models or refreshed…
Prices of houses fall for the second consecutive month
The sharpest fall in house prices since last summer occurred in April, as the recent rise in mortgage rates…
UK manufacturing is in contraction
Although the UK manufacturing sector contracted slower than expected in January, economists warn that output…
Next, shrugs off the wet weather and springs back with a growth surge
Next, once again, has defied UK high-street downturn and delivered better-than expected sales growth in the first…
More councils to file for bankruptcy as debts double
Councils have increased borrowing to offset funding cuts from Westminster. This has led to warnings about further…
Mulberry warns investors about weak demand
Mulberry's boss has warned there is no end to the global downturn in luxury after Mulberry posted another drop in…