EasyJet’s losses to shrink despite Middle East loss of £40m
EasyJet expects its losses to be lower than the record-breaking deficit of last year, despite the £40 million hit…
The French government is pressing the UK to fill a multi-billion-pound gap in…
The French government wants the UK to plug a multi-billion-pound budget hole for nuclear power projects that are…
AstraZeneca to invest £100m in a vaccine plant near Liverpool
AstraZeneca wants up to £100m in government assistance to expand its vaccine production facility located in the…
Vertical Aerospace founder gives $50m to Vertical Aerospace to keep it airborne
Vertical Aerospace, an electric flying taxi company, received $50 million from its founder in order to stay…
EDF says Hinkley Point C may be delayed until 2031, and could cost up to £35bn.
Hinkley C , the owner of , has blamed Brexit, Covid and inflation for its announcement that it could delay and cost…
Chinese markets rise on news Beijing may consider £222bn State Rescue Plan
Chinese markets are up after a report that Beijing is scrambling for billions of Yuan to be mobilized from…
Bitcoin price drops 15% after launch of ETFs
Bitcoin's value has dropped by 15 percent in the last two weeks as investors have taken advantage of the launch of…
The sharp fall in UK government borrowings in December has raised the prospect of…
The UK government borrowed less in December than was expected, which is a boon to chancellor Jeremy Hunt’s plans to…
Abrdn will cut hundreds of jobs in its restructuring plan of £150mn
UK asset manager Abrdn is preparing to make hundreds of job cuts as part of a drive to cut about £150mn in costs.…
Netflix signs $5bn agreement to livestream WWE Raw
Netflix has signed a five-billion dollar deal to stream World Wrestling Entertainment’s flagship Raw program in the…
AI voice-cloning start-up ElevenLabs achieves unicorn status
In its latest round of funding, a start-up company that clones people's voice was valued at over $1 billion. This…
Nikkei returns to top spot as Japan looks back at the Eighties
The Japanese economy seemed to have no limits in the 1980s. The economy grew rapidly, with a peak growth rate of…
Primark boss warns of high inflation
Inflation in the UK will not return to levels seen before Russia's invasion of Ukraine because of rising wages, a…
The UK plc is exposed to cyber attacks of a ‘nuclear’ level because of…
Businesses are scrambling to protect themselves against a rival superpower
At a press conference in the heart of…
Google puts publishers between a rock & a hard place over AI
Publishers complain that Google's dominance of internet search has put them "between rock and hard place" when it…
GSK faces a pivotal moment when the Zantac hearing begins
Leading British drug companies, together with other pharmaceutical groups are urging an US judge to rule that the…
British Steel’s prospects are ‘uncertain’ due to costs surging
British Steel is expected to suffer increased losses due to the rising energy and raw materials prices following…
The spring is the time when household energy bills are set to fall.
As wholesale gas prices continue their decline despite the new global political turmoil, it is expected that…