UK Business News

Energy bills predicted to fall by 7% in July
Fri, 17 May 2024 11:47:34 GMT
If the forecast proves correct, it would mean a typical annual bill could be £500 lower than last summer.

Unpaid carers being forced to repay £250m to DWP
Sat, 18 May 2024 10:26:11 GMT
One claimant unknowingly overpaid Carer's Allowance said the debts she incurred have brought 'considerable financial strain'.

Fewer crackers in Ritz boxes but price remains same
Fri, 17 May 2024 17:44:58 GMT
The 200g packs of Original and Cheese crackers have been replaced by packs weighing 150g and 140g.

Who is Paula Vennells? Ex-Post Office boss in Horizon IT inquiry
Fri, 17 May 2024 21:31:21 GMT
The ordained priest who led the Post Office from 2012 to 2019 faces three days of questioning at the Horizon Inquiry.

Boeing boss's £25m pay package approved
Fri, 17 May 2024 17:16:00 GMT
Boeing shareholders approved a $33m pay package for outgoing boss Dave Calhoun.

Union forming stalled in US Mercedes-Benz
Fri, 17 May 2024 20:40:10 GMT
The UAW effort to win members in at Mercedes was a test of a wider resurgence in worker activism.

Business locked in expensive AI 'arms race'
Thu, 16 May 2024 23:13:50 GMT
Business leaders feel pressure to invest in AI but the costs are formidable.

Alan Bates rejects second Post Office compensation offer
Fri, 17 May 2024 11:55:42 GMT
The latest offer amounted to around a third of what the campaigner had asked for.

Severn Trent boss defends multi-million pay packet
Fri, 17 May 2024 11:16:23 GMT
The water firm made 60,000 sewage spills last year but insists river quality is improving.

More people seek help for debts as fee scrapped
Fri, 17 May 2024 10:49:22 GMT
Debt Relief Orders are available to those on low incomes to clear existing debt and surged as the fee was axed.

Can troubled Thames Water avoid collapse?
Fri, 17 May 2024 11:29:07 GMT
The firm has huge debts and it may have to be taken over by the government if it runs out of money.

Bank of England plans expansion of Leeds base
Fri, 17 May 2024 13:16:45 GMT
The bank's governor says expanding its Leeds base would enable it to "better represent the public".

Grand Theft Auto maker firms up GTA 6 release date
Fri, 17 May 2024 10:55:55 GMT
The latest instalment of the hugely popular series will be released in autumn 2025, its publisher says.

Hunt hints at another National Insurance tax cut
Fri, 17 May 2024 10:46:08 GMT
Jeremy Hunt promises further tax cuts, as he launches an attack on Labour's plans ahead of an election.

Is the move to electric cars running out of power?
Thu, 16 May 2024 23:10:34 GMT
There has been an unexpected slowdown in sales of electric cars. Could this be more than a blip?

Reddit shares jump after OpenAI ChatGPT deal
Fri, 17 May 2024 02:24:57 GMT
OpenAI and Reddit reach deal that will give ChatGPT access to content on the social media platform.

Backlash as Morrisons trials sale of New Zealand lamb
Thu, 16 May 2024 16:22:51 GMT
It says the move is due to customer demand for cheaper prices in the wake of the cost of living crisis.

China pours billions into crisis-hit property market
Fri, 17 May 2024 08:35:52 GMT
Government unveils its most significant steps yet to address slump in the country's property sector.

Ex-Post Office IT boss blocked Vennells' number
Thu, 16 May 2024 14:18:36 GMT
Lesley Sewell tells the Horizon inquiry she was "not comfortable" being contacted by the former chief.

Reality TV stars charged over investment plugs
Thu, 16 May 2024 16:19:51 GMT
Lauren Goodger, from The Only Way is Essex, is among those accused of promoting the unauthorised scheme on Instagram.

Pornhub partners with UK child abuse fighting charity
Thu, 16 May 2024 23:06:29 GMT
They want porn sites to adopt new voluntary standards on fighting online child abuse.

Mortgage rates cut but borrowing pressures remain
Thu, 16 May 2024 12:10:58 GMT
More homeowners are facing the first stage of the repossession process, new figures indicate.

Teenagers could help fill train driver shortage
Thu, 16 May 2024 10:36:52 GMT
The government has put forward plans to reduce the age to qualify as a train driver from 20 to 18.

Don't panic, says stock market boss as firms leave UK
Wed, 15 May 2024 22:03:59 GMT
Many big firms are delisting in the UK but the London Stock Exchange’s chief says there is no need to panic.

Could the US economy be doing too well?
Thu, 16 May 2024 01:18:01 GMT
The US economic boom has consequences for the global balance of power - and for the UK.

Facebook and Instagram suspected to be 'too addictive'
Thu, 16 May 2024 12:11:55 GMT
The EU says its concerned the platforms algorithms "stimulate behavioural addictions in children."

Is China's bubble tea bubble about to burst?
Thu, 16 May 2024 23:58:43 GMT
Chinese bubble tea shares fizzle, raising questions about the industry and Hong Kong's stock market.

The man who turned his dead father into a chatbot
Wed, 15 May 2024 23:08:07 GMT
The "grief tech" firms helping users create talking avatars of their dead relatives.

'Corrupt ship inspectors demand our food and cargo'
Tue, 14 May 2024 23:37:11 GMT
Seafarers tell the BBC port officials routinely demand bribes before allowing ships through.

Cow dung's key role in India's energy industry
Mon, 13 May 2024 23:06:02 GMT
India is hoping that biogas, produced from farm waste, will curb its reliance on imported gas.

The post-Brexit hard sell for British food in Asia
Thu, 09 May 2024 23:49:40 GMT
The UK still lags far behind its main European counterparts, both in terms of sales and reputation.

Will AI dream up the hit TV shows of the future?
Wed, 08 May 2024 23:05:27 GMT
Television production firms admit they are already using AI to come up with new programme ideas.

How quantum physics could 'revolutionise everything'
Mon, 06 May 2024 23:37:15 GMT
From unhackable communication networks to powerful computers, quantum technology promises huge advances.

The rise of Sweden's super rich
Sun, 05 May 2024 23:44:38 GMT
Why the Nordic nation, despite its reputation for social equality, has so many billionaires.

'Garden floods show need to work with nature'
Fri, 03 May 2024 21:38:25 GMT
Insurance scheme urges gardeners to use planting to protect their homes from floods.

How the computer games industry is embracing AI
Thu, 02 May 2024 23:07:24 GMT
Developing computer games can be wildly expensive so some hope that AI can cut the cost.

The insect farmers turning to AI to help lower costs
Wed, 01 May 2024 23:05:47 GMT
Makers of insect-based animal feed hope to be able to compete with soybeans on price.

Tatti Lashes: The school friends who built a beauty empire
Tue, 30 Apr 2024 23:31:19 GMT
Charlotte Tiplady and Elliot Barton explain how together they built up their Tatti Lashes beauty empire from Liverpool.

Chinese women are teaming up with strangers to save money
Wed, 01 May 2024 00:12:53 GMT
They are finding new ways to cut back on household spending as China’s economy loses steam.

How Chinese firms are using Mexico as a backdoor to the US
Sun, 21 Apr 2024 23:01:19 GMT
Chinese firms are racing to set up factories in Mexico to bypass US tariffs and sanctions.