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Latest News:

Morrisons to shut 100 convenience stores as supermarket blames Labour’s ‘policy choices’ for rising costs
April borrowing surges to £24.3bn as debt interest bill breaks month record
Jaguar Land Rover eyes American tie-up with Stellantis to sidestep Trump tariffs
Labour eyes £1bn VAT raid on airport charges in stealth blow to family holidays
Blame the system, not the school leavers for youth unemployment, says Amazon’s UK boss
Potters win £120m rescue as government finally backs Britain’s ceramics heartland
Reeves serves up summer of savings with VAT cut on family days out
Andrew trade envoy files: Queen ‘very keen’ ex-prince led UK plc abroad, Whitehall papers reveal
HS2 reset to punch £33bn black hole in Britain’s public finances
Youth jobs in retreat: IFS warns Britain is sliding back to Covid-era lows

Amy Ingham

Amy is a newly qualified journalist specialising in business journalism at Business Matters with responsibility for news content for what is now the UK’s largest print and online source of current business news.

Workers at luxury fashion retailer Net‑a‑Porter are set to vote on potential strike action after being told their wages will fall short of the London Living Wage, despite what unions say was a previous commitment by the company to adopt the rate.

Net-a-Porter workers ballot for strike action over London Living Wage dispute

6 March 2026 News Amy Ingham 0 Comments

Britain’s iconic fish and chip shops are facing renewed financial pressure as rising oil prices linked to escalating tensions in the Middle East threaten to drive up operating costs across the sector.

Fish and chip shops ‘under pressure’ as Iran war oil surge hits costs

5 March 20265 March 2026 In Business Amy Ingham 0 Comments

The Government has unveiled new gender pay gap and menopause action plans designed to help women thrive in the workplace, as ministers seek to shift the focus from transparency to tangible change ahead of International Women’s Day 2026.

Government launches gender pay gap and menopause action plans ahead of International Women’s Day 2026

4 March 20263 March 2026 News Amy Ingham 0 Comments

The UK stock market showed signs of resilience on Wednesday even as global energy markets remained volatile amid fears the escalating conflict involving Iran could trigger prolonged disruption to global oil and gas supplies.

UK stock market steadies while oil prices climb as Iran conflict rattles energy markets

4 March 2026 News Amy Ingham 0 Comments

A bold bet on SpaceX has paid off handsomely for RIT Capital Partners, after the value of its stake in Elon Musk’s rocket and satellite business soared past £100 million by the end of last year.

RIT Capital Partners’ SpaceX stake tops £100m as Elon Musk valuation soars

3 March 2026 Get Funded Amy Ingham 0 Comments

Household energy bills could climb back towards crisis-era levels if disruption to Middle Eastern gas supplies continues, after wholesale prices surged in the wake of military escalation involving Iran, Israel and the United States.

Energy bills could hit £2,500 as Iran conflict threatens global gas supplies

3 March 2026 News Amy Ingham 0 Comments

US technology group Avalara has acquired Manchester-based integration startup Versori in a deal that underscores the growing international appeal of the UK’s regional tech sector.

Avalara acquires Manchester startup Versori in AI-driven integration deal

3 March 2026 Get Funded Amy Ingham 0 Comments

A Cambridge ag-biotech start-up aiming to reinvent crop protection has secured $3.8 million in early-stage funding to accelerate the development of next-generation herbicides and pest control products using artificial intelligence.

Bindbridge raises $3.8m to fight herbicide resistance with AI-designed crop protection

3 March 2026 Get Funded Amy Ingham 0 Comments

Gold has surged back above $5,400 an ounce in early trading following US missile strikes on Iran, prompting fresh speculation over whether the precious metal could break through $6,000 in the coming weeks.

Gold surges above $5,400 after Trump’s Iran strikes, could prices hit $6,000 next?

2 March 20262 March 2026 In Business Amy Ingham 0 Comments

HM Revenue & Customs figures indicate that thousands of small firms may be deliberately limiting expansion to avoid crossing the UK’s £90,000 VAT registration threshold, fuelling renewed calls for reform of what critics describe as a “cliff-edge” tax system.

Businesses curb growth to duck VAT threshold, HMRC data suggests

2 March 2026 News Amy Ingham 0 Comments

On-demand laundry and dry-cleaning platform Laundryheap has accelerated its international growth strategy with launches in four new markets: Colombia, Mexico, Malaysia and Scotland.

Laundryheap ramps up global expansion with four new market launches

27 February 2026 Get Funded, In Business Amy Ingham 0 Comments

The owner of British Airways has launched a fresh €1.5 billion share buyback after reporting record annual profits, underlining the scale of the post-pandemic turnaround in the airline industry. International Airlines Group (IAG), which also owns British Airways, Iberia, Aer Lingus and Vueling, reported a 22 per cent rise in profit after tax to €3.34 billion for 2025. Group revenues climbed 3.5 per cent to €33.2 billion, despite passenger numbers edging down slightly to 121.5 million compared with the previous year. The improvement was driven by stronger pricing and higher revenue per passenger rather than volume growth. In response, the FTSE 100-listed airline group announced an 8.9 per cent increase in its dividend and unveiled a €1.5 billion share buyback programme. It follows a €1 billion buyback completed last year and adds to a growing trend of large UK corporates returning surplus cash to investors. IAG said market conditions remained supportive, citing long-term demand growth across its core transatlantic and European markets, combined with constrained aircraft supply as manufacturers struggle with delivery delays. “Market dynamics are compelling – long-term demand growth in our core markets and constrained supply in a consolidating industry,” the company said. Share buybacks reduce the number of shares in circulation, increasing earnings per share and often supporting share price performance. IAG’s shares, which were trading below £1 during the depths of the pandemic, are now approaching historic highs, having previously peaked at around 470p in 2018. The group has moved decisively from a crisis-era balance sheet to financial strength. Just over three years ago, IAG was carrying close to €20 billion of debt as international travel collapsed under Covid restrictions. Since then, it has restored profitability and significantly reduced leverage. Luis Gallego, IAG’s chief executive, said the group’s improved profitability was underpinned by higher margins across its airline brands. Iberia delivered an operating margin of 16.2 per cent, while British Airways achieved 15.1 per cent — both historically strong levels for the group. “Our margins are significantly better than those of many global competitors,” Gallego said. Looking ahead, IAG expects to grow capacity by between 2 and 4 per cent annually over the next few years. However, it anticipates that supply constraints — driven by delays from aircraft manufacturers — will limit industry-wide expansion, supporting pricing power. The North Atlantic remains IAG’s most important market, although growth has moderated. The group described the route network as increasingly mature, with future expansion likely to be in the low single digits. Demand from US travellers softened slightly during the summer peak season last year. By contrast, IAG expects mid-single-digit growth in the South Atlantic, where it holds a strong competitive position. Short-haul European operations, which account for more than a third of group capacity, have faced pressure from rising operating costs and weaker demand in parts of northern Europe. Despite those headwinds, the airline group’s record profitability and enhanced shareholder returns mark a striking contrast to its precarious position during the pandemic — and reinforce investor confidence in the durability of premium transatlantic and leisure travel demand.

IAG unveils €1.5bn share buyback after record profits at British Airways owner

27 February 202627 February 2026 News Amy Ingham 0 Comments

Rolls-Royce has signalled it could manufacture its next-generation UltraFan engine outside Britain unless the government provides financial support, raising fresh questions about the UK’s commitment to its aerospace industrial strategy.

Rolls-Royce warns UltraFan production could shift overseas without UK backing

27 February 2026 News Amy Ingham 0 Comments

The chief executive of PizzaExpress, the founder of MOBO Awards and the co-founder of one of Europe’s fastest-growing matcha brands are among the finalists for the 2026 Veuve Clicquot Bold Awards.

Veuve Clicquot unveils bold woman award shortlist for 2026

26 February 202626 February 2026 News Amy Ingham 0 Comments

Public Health and Nutrition Coach combines digital platforms with behavioural psychology to deliver prevention programs linked to an average 7 kg weight loss and sustained reductions in diabetes risk

Chronic Disease Prevention Remained Abstract for Too Long — Barbara Mkhitarian Made It Measurable

26 February 202627 February 2026 Business Amy Ingham 0 Comments

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Morrisons is preparing to pull down the shutters on 100 loss-making convenience stores in a move that places hundreds of shop-floor jobs in jeopardy, with the Bradford-based grocer pointing the finger squarely at Labour's tax and wage agenda for tipping the sites into terminal decline.

Morrisons to shut 100 convenience stores as supermarket blames Labour’s ‘policy choices’ for rising costs

Morrisons is closing 100 loss-making convenience stores, putting hundreds of jobs at risk, and has blamed Labour’s “policy choices” for the rising costs eroding profitability.

April borrowing surges to £24.3bn as debt interest bill breaks month record

Jaguar Land Rover eyes American tie-up with Stellantis to sidestep Trump tariffs

Labour eyes £1bn VAT raid on airport charges in stealth blow to family holidays

Blame the system, not the school leavers for youth unemployment, says Amazon’s UK boss

Potters win £120m rescue as government finally backs Britain’s ceramics heartland

Brad Burton interview: how the UK’s no.1 motivational speaker rebuilt after lockdown wiped out 4Networking, and survived a four-year online stalking campaign

Nightlife chief brands Chancellor’s summer VAT cut a ‘superficial fix’ that abandons clubs and festivals

Utilities

Energy savings

Business Energy Claims recovers £25,000 for UK chocolatier

Energy saving

Manufacturing company recovers thousands from mis-sold energy contracts

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