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Governments must back plant farming — there’s no two ways about it
Business
Euro News
Latest news bulletin | May 17th – Midday
Business
Euro News
France, Germany, Italy seek private input for €2.5bn critical mineral investment
Business
Business Live
Former Dyson engineer’s heat pump start-up raises £1m
A Bristol-based start-up looking to revolutionise how we heat our homes has raised almost £1m of investment, including a grant of more than £700,000 from the government. Nusku was founded in 2022 by Russell Murchie, who left an engineering job at Dyson to set up the business, along with Matthew Whitefoot and Andy Mckay, who …
Business
Evening Standard
Sports Direct loses Court of Appeal bid over Newcastle United kit deal
Sports Direct has lost a Court of Appeal bid over Newcastle United’s exclusive football kit supply deal with rival retailer JD Sports.The retailer, run by former Newcastle owner Mike Ashley’s Frasers Group, had asked for a temporary court order forcing the club to supply it with replica kit for the 2024/25 Premier League season.Last month, …
Business
Evening Standard
Chevron to sell North Sea oil interests after 55 years
Chevron is gearing up to sell its remaining oil and gas assets in the North Sea, marking the energy giant’s exit from the region after more than five decades.The American energy super major, which is the third-largest in the world by market value, confirmed on Thursday that it will market its assets in the basin, …
Business
Sky News
Bank of England to grow ‘northern hub’ with 500 staff
The Bank of England has revealed a major expansion of its presence in Leeds as part of efforts to spread its work outside London.The Bank said its current operation in the West Yorkshire city, which has 70 staff, would grow to 500 by 2027. It said this would be mainly achieved through new hiring and …
Business
Evening Standard
The Bank shouldn’t be shy on cutting interest rates
For the past three years we have been blighted by inflation and told that, however painful it may be, borrowing costs had to go higher.From next week we could start reading that inflation is in fact now too low, a change of direction that might make little sense to non-economists, or indeed to most people …
Business
Evening Standard
The UK needs an energy transition not an energy cliff-edge
In the 1970s, the American economist Arthur Laffer described how higher taxes can end up creating the opposite outcome to that intended – instead of increasing government tax revenue, it ends up reducing tax revenue, because higher taxes reduce the incentive to work, spend and invest. This apparent paradox is exactly where the Labour tax …
Business
Evening Standard
GSK nets £1.2bn after selling final stake in Sensodyne maker Haleon
GSK has raised £1.2 billion after offloading its last remaining stake in Sensodyne and Advil firm Haleon, nearly two years after spinning off the consumer healthcare firm.GSK sold the final shares in Haleon at 324p each, ending a gradual sell-down of its holding in the firm.It has raised about £3.9 billion in total from the …
Business
Sky News
Body Shop administrator to launch auction of stricken chain
The Body Shop’s administrators are to launch an auction of the chain after concluding that an alternative restructuring of one of Britain’s best-known high street retailers was not viable.Sky News has learnt that FRP Advisory, which has been overseeing the collapsed business since January, is to begin formally sounding out potential buyers in the coming …
Business
Sky News
Reality TV stars charged over promoting unauthorised investment scheme
A group of social media influencers have been charged in relation to promoting an unauthorised investment scheme.The Only Way Is Essex (TOWIE) original cast member Lauren Goodger, 37, former Love Island star Biggs Chris, 32, and Celebrity Big Brother winner Scott Timlin, 36, also known as Scotty T, are among seven TV personalities alleged to …

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