Category: News

Marmite and other iconic brands will join US group McCormick in a £50bn deal, creating a global flavour powerhouse and raising concerns over UK jobs.

Britain could rely on US LNG for 60% of gas by 2035, prompting calls to boost North Sea production to strengthen energy security.

Roadchef will invest £300m in UK motorway services after securing 75-year lease extensions, boosting EV charging, HGV facilities and retail.

UK firms invest less than most G7 peers, with high energy costs and low capital intensity holding back productivity and growth, says IPPR.

Bristol-based Sintela secures $200m US border contract using fibre-optic sensing and AI to detect threats across land and sea borders.

The FCA has reduced the car finance compensation bill to £7.5bn, while increasing average payouts, as lenders and consumers weigh potential legal challenges.

Sir Jim Ratcliffe’s Ineos reports $593m loss and skips dividend as energy volatility and Middle East tensions drive up costs and risks.

Ford’s FCE Bank has set aside £155m for car finance mis-selling claims as the FCA prepares to unveil rules for a multibillion-pound compensation scheme.

UK retail sales fell 0.4% in February as shoppers cut spending, with economists warning the Iran war could further weaken demand and confidence.

UK businesses are more financially vulnerable than before the Ukraine war, with rising energy costs and interest rates increasing corporate distress.

Dyson reports £440m sales decline due to US tariffs and weak demand, but profits rise after cost cuts and continued investment in innovation.

UK petrol prices are set to exceed £1.50 per litre as oil costs surge after the Iran conflict, with diesel rising even faster, warns the RAC.