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Sky News
How Russian oil is still powering cars and planes in Britain
The Russian state has been making more money from its oil and gas industry in the past three months than in any comparable period since the early days of the Ukraine invasion, it has emerged.The figures underline that despite the imposition of various sanctions on fossil fuel exports from Russia since February 2022, the country …
Business
Euro News
Boeing faces new probe over reports workers faked inspections
Business
Sky News
P&O Ferries’ fire-and-rehire boss says he couldn’t live on wage he pays his staff
The boss of P&O Ferries – known for its fire-and-rehire of nearly 800 workers – has said he could not live on the less than £5-per-hour some of his staff are paid. The ferry company is paying employees an average of £5.20 an hour, two years after making 786 people redundant, and rehiring cheaper workers, …
Business
Evening Standard
Revolution Bars in talks with 32 suitors as it seeks rescue deal
Business
Sky News
Carpetright to axe over 25% of head office staff
One of Britain’s biggest carpet retailers is axing more than 25% of its head office staff as it grapples with a protracted downturn in trading.Sky News understands that Carpetright, which is privately owned, notified staff on Tuesday morning that roughly 70 jobs would be lost as part of a cost-cutting process. The redundancies will affect …
Business
Sky News
Al Gore fund boosts Octopus Energy stake as valuation soars to £7.2bn
Octopus Energy has cemented its status as one of Britain’s most significant private companies after a series of share trades valuing it at $9bn (£7.2bn).Sky News has learnt that Britain’s second-largest domestic energy supplier is now close to attaining a rare ‘decacorn’ valuation – referring to companies worth at least $10bn – after two shareholders …
Business
Business Live
Construction firm Northern Bear highlights impact of heavy rainfall on results
Construction company Northern Bear has indicated profits are likely to be lower than previously hoped after heavy rainfall in the North East hit activity at some of its sites. The Newcastle-based company has issued a trading update on the year ending March 31, saying that “continued to trade well” in the second half of that …
Business
Sky News
House prices plateau but rises still expected for this year
The housing market is “finding its feet” with a slight increase in prices, particularly for flats, according to analysis from part of the UK’s biggest mortgage lender.Average house prices rose by 0.1% in April after falling 0.9% in March but on an annual basis grew 1.1% annually, up from 0.4% growth last month, Halifax’s house …
Business
Euro News
Heineken to refresh hundreds of UK pubs and bring others back to life
Business
Evening Standard
Fresh strikes by train drivers to cause more disruption for rail passengers
Business
Sky News
Government ‘gaslighting’ public about state of economy, Labour to claim
The government is “gaslighting” the public about the state of the economy, the shadow chancellor will say on Tuesday.Rachel Reeves is set to attack the Conservatives in a speech in the City of London, as the opposition takes the fight to the government on their own turf ahead of the general election. Running a strong …
Business
Euro News
China dominating soaring global clean tech industry

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