Energy As UK price cap falls, millions of people will pay less for their summer energy… Simon Rowe Jul 3, 2024 The energy price cap in Great Britain will be reduced by £122 per year, which is equivalent to £1,568 annually for…
AI Can AI boom drive Nvidia to a $4tn valuation despite investor doubt? Simon Rowe Jul 3, 2024 Jensen Huang did not mention a fall in the share price when he spoke last week at the Nvidia Annual General…
Climate Shell stops construction of a huge biodiesel facility in Rotterdam Simon Rowe Jul 3, 2024 Shell has suspended the construction of Europe's biggest biofuel plant, which was to convert waste by the end the…
Retail M&S adds smaller sizes of women’s clothing to its stock due to… Simon Rowe Jul 3, 2024 Marks & Spencer has increased its stock of women's clothing in smaller sizes after a surge in sales left gaps…
Shares Harland & Wolff, the Titanic shipbuilder, suspends its shares trading Simon Rowe Jul 2, 2024 Harland & Wolff has suspended trading in its shares after failing to publish audited results for the past year.…
Economy Private equity to take over workplace pensions Simon Rowe Jul 2, 2024 Legal & General announced a new fund that can handle billions of pounds. This will allow millions of employees…
Companies Boeing buys Spirit AeroSystems from Spirit AeroSystems at $4.7bn Simon Rowe Jul 2, 2024 Boeing has agreed with Spirit AeroSystems to purchase the company in an all-shares deal worth $4.7 billion as it…
EU Report warns that EU job deal unlikely to benefit UK professionals Simon Rowe Jul 2, 2024 The external auditor of the EU has warned that a proposed agreement between the UK and EU allowing lawyers,…
Property Norway blocks the sale of the last private property in Arctic archipelago Simon Rowe Jul 2, 2024 Norway has blocked the sale the last privately-owned property on Svalbard. Invoking national security concerns amid…
AI National security review of the Japanese deal with AI champion Graphcore Simon Rowe Jul 2, 2024 The proposed Japanese takeover by Graphcore of the British artificial-intelligence company is being reviewed for…
Banking After BlackRock deal worth £2.5bn, a British couple becomes wealthier than Larry… Simon Rowe Jul 2, 2024 The couple who built an outdoor theater on their Suffolk farm estate were catapulted to the top of Britain's Rich…
Business French stock market gains after betting Le Pen will not win majority Simon Rowe Jul 2, 2024 The European stock market rose today on signs that France's Hard-Right will not be able to win enough seats in the…
Airbus Boeing deal threatens 2,400 jobs in UK factory Simon Rowe Jul 2, 2024 After the split of Spirit AeroSystems by Boeing and Airbus, the future of a British aerospace facility is…
Airline France’s flag carrier faces €180m loss as tourists avoid Paris Olympics Simon Rowe Jul 2, 2024 France's flag carrier, Air France, is preparing for a €180m loss (£153m), as tourists avoid Paris during the…
Companies Tata warns that early Port Talbot closure will cost them £500m Simon Rowe Jul 1, 2024 Tata Steel is facing a £500-million loss from its shocking decision to close its Port Talbot plant earlier than…
Business Falkland Islands to benefit from economic boom after talks with oil company about… Simon Rowe Jul 1, 2024 British territory consults with islanders about plans to drill 500m barrels for oil First time in history the…
Business The British snobbery that left restaurants scrambling to find staff Simon Rowe Jul 1, 2024 Restaurants are desperate to hire UK workers but can't find them The celebrity chef Yotam Ottolenghi blamed a…
Business Under a former Royal Navy base, vast salt caverns are being used to store… Simon Rowe Jul 1, 2024 Under Britain's largest former naval base, vast salt caverns will be excavated to store hydrogen as part of plans…