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Euro News
Miner Anglo American rejects BHP’s ‘opportunistic’ takeover bid
Business
Sky News
‘This isn’t over’: Unions vow to fight rejection of plan to save Tata Steel jobs
Unions have warned of a bitter fight ahead after their plans to avert thousands of job losses at Tata Steel were rejected by the company.Tata had announced in January a consultation on cutting up to 2,800 jobs in the UK, the majority of them at the country’s biggest steelworks in Port Talbot, South Wales. It …
Business
Euro News
AstraZeneca reports bumper revenue in Q1 2024 on strong drug demand
Business
Sky News
Former Post Office complaints handler defends knowledge of Horizon failings
A former top Post Office executive has told the Horizon scandal inquiry she never “knowingly” did anything wrong and did not remember a 2010 email saying that cash balances in sub-postmasters’ branch accounts could be remotely accessed. Angela van den Bogerd, who held various roles over 35 years at the organisation, made the comments after …
Business
Euro News
Back in profit: mixed results from Barclays beat expectations
Business
Sky News
Supercar maker McLaren hit by £375m impairment charge
McLaren Group, the British supercar maker and Formula One team-backer, has given lenders signs of an improvement in its financial performance even after a £375m impairment charge propelled it to a record loss last year.Sky News has learnt that McLaren has told bondholders that it made losses of £873m in the 12 months ending 31 …
Business
Business Live
Elan Valley £21m tourism project boosted with Growth Deal outline business case approval
A proposed £21.7m project to enhance the tourism experience in the Elan Valley has been boosted with its outline business case for funding being approved by the Mid Wales Growth Deal. The Elan Valleys Lake project, which is being led by Welsh Water, would see over a five-year investment period, the redevelopment and expansion of …
Business
Euro News
European electric car makers fight to catch up in China
Business
Evening Standard
Mining mega-deal may add to multi-billion pound exodus from London Stock Exchange
Business
Sky News
Barclays profits down amid sluggish mortgage demand
Barclays has reported a 12% fall in profits for the first three months of the year after mortgage lending and deposits dipped.The high street banking giant reported a group pre-tax profit of £2.3bn for the quarter, down 12% from the £2.6bn it made during the same period last year. However, the figure was slightly above …
Business
Sky News
Sales down at Nestle after price hikes
Nestle, the world’s biggest packaged food company, has reported a fall in sales after hiking its prices.The KitKat and Nescafe maker missed first-quarter sales estimates, the company revealed on Thursday, with business particularly hit in North America. Total reported sales dropped by 5.9% internationally to 22.1bn Swiss Francs (£19.4bn) in the first three months of …
Business
Sky News
Sainsbury’s profits rise – as glitch hits online deliveries again
Sainsbury’s has claimed it is winning over customers from its rivals after reporting higher than expected profits.The country’s second-largest supermarket chain announced its underlying pre-tax profits were £701m for the 2022/23 financial year. The figure is up 1.6% on the previous year’s haul of £690m – and ahead of company forecasts that it would make …

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