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Sky News
Bank of England governor talks up interest rate cut prospects as inflation eases to 3.2%
The governor of the Bank of England has signalled the UK is still on course for an interest rate cut as official figures show a further easing in the pace of price growth in the economy. Andrew Bailey was speaking hours before the Office for National Statistics (ONS) revealed that the consumer prices index (CPI) …
Business
Sky News
UK airport suspends operations due to ‘security incident’ on aircraft
Birmingham Airport has temporarily suspended operations due to a “security incident on an aircraft”.A Birmingham Airport spokesperson said: “The aircraft landed safely and all passengers and crew have disembarked. “All customers due to travel should make their way to the airport and check in as normal.”Footage from the scene showed multiple emergency vehicles on the …
Business
Sky News
Border Force officers to strike for four days at Heathrow
Hundreds of Border Force officers will go on strike at Heathrow Airport later this month.They will walk out for four days over changes to their working conditions, according to the Public and Commercial Services trade union.The union said more than 300 of its members working at terminals 2, 3, 4 and 5 of the airport …
Business
Sky News
Ex-Post Office operations boss admits ‘missed opportunity’ to prevent Horizon scandal
A former Post Office director has expressed regret over a “missed opportunity” to prevent the Horizon IT scandal at the public inquiry.David Miller. who was chief operating officer in 2004, admitted failing to read an expert’s report claiming issues with the accounting system in the case of then-Cleveleys sub-postmistress, Julie Wolstenholme. She had been seeking …
Business
Euro News
Blackstone buys EV gigafactory land, quelling UK net-zero dreams
Business
Business Live
Bristol tech company to float on AIM as part of reverse takeover
A Bristol technology company has announced plans to float on AIM as part of a reverse takeover deal. 3radical is being acquired by digital services company Electric Guitar, which is delisting from the standard segment under the terms of the agreement. Electric Guitar is acquiring 3radical for approximately £1.28m through the issue of 61,184,843 new …
Business
Evening Standard
Scottish Power to pay £1.5 million for overcharging customers
Business
Sky News
Grocery delivery app Getir eyes disposals amid crunch talks
Getir, the grocery app which expanded at breakneck speed to become of the world’s most valuable fast-delivery platforms, is weighing a string of asset sales as part of crunch restructuring talks.Sky News has learnt that Getir, which was founded in Turkey and has a big presence in Britain, is examining possible disposals including FreshDirect, a …
Business
Sky News
First product from Meghan’s new lifestyle brand revealed
Meghan, the Duchess of Sussex, has officially launched her new lifestyle brand by sending jars of strawberry jam to influencers across the US.Among those receiving jars of American Riviera Orchard strawberry jam were fashion designer Tracy Robbins and Argentine socialite Delfina Balquier. Plugging the jam on her Instagram story, Ms Robbins posted two images of …
Business
Sky News
Concern for Bank of England as real earnings growth at highest rate since 2021
A weaker than expected easing in the pace of pay rises means real earnings growth, when inflation is taken into account, is at its highest rate in almost two and a half years, according to the latest official figures.The Office for National Statistics (ONS) said average regular pay, excluding bonuses, stood at 6% in the …
Business
Sky News
UK growth forecasts cut by IMF – as inflation predictions revealed
The UK economy is going to grow less than expected this year – with the International Monetary Fund warning the country will remain the second worst performer in the G7.Newly revised forecasts indicate the UK’s gross domestic product will expand by just 0.5% in 2024 – a slight downgrade from previous estimates in January – …
Business
Euro News
Samsung regains top slot as it bites into Apple’s phone business

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