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Key West Midlands commuter route to close for repairs
A key rail commuter route between Birmingham and Staffordshire will be closed next week. The Cross City line between New Street and Lichfield will have no trains running on it from Monday May 27 to Saturday June 1. The route calls at several stations including Aston, Erdington, Sutton Coldfield and two stations in Lichfield. The …
Business
Euro News
Paris train drivers put the brakes on over Olympic Games bonus dispute
Business
Sky News
US embassy refuses to pay £14.6m London congestion charge bill
The US embassy in London owes £14.6m in unpaid congestion charge fees, figures have revealed.Unpaid fees and fines amassed by all embassies in the capital have been published by Transport for London (TfL). The statistics show the Japanese embassy has the second highest debt at £10.1m, followed by India’s high commission at £8.6m.The embassy of …
Business
Sky News
Superdry plots emergency sale process if creditors block rescue plan
Superdry is preparing to run an emergency four-week sale process if creditors block its founder’s plans to inject up to £10m of his own money into the fashion chain in a bid to stave off insolvency.Sky News has learnt that the accelerated M&A process would be launched if a restructuring plan is not approved by …
Business
Sky News
IMF says national insurance cuts were a bad idea but upgrades UK growth forecast
The International Monetary Fund (IMF) has said the UK economy is heading for a “soft landing” but reiterated its message to Jeremy Hunt that he should not have cut national insurance at the last two fiscal events.In its annual check-up on the state of Britain’s economy, the Washington-based Fund also warned of a black hole …
Business
Business Live
Cranswick hails recovery in demand leading to higher earnings
A more stable environment for farmers has helped FTSE250 meat producer Cranswick to boost revenue and profits. Fresh results for the Hessle-based manufacturer, covering the year to the end of March, show the pork and poultry specialist managed to maintain pig volumes despite a significant reduction in national numbers. Investors on the London Stock Exchange …
Business
Sky News
Surge in profits for water firm responsible for supply in Devon
The parent company of South West Water has insisted it is focused on returning safe water supply to Brixham in Devon as it announced an 8.6% increase in underlying operating profits to £166.3m.Around 17,000 households in the Brixham area have been told to boil their drinking water since last week following an outbreak of cryptosporidiosis …
Business
Euro News
Nvidia shares could soar as traders eye first-quarter earnings
Business
Sky News
Former tech darling Cazoo crashes into administration 
Cazoo, the British online car retailer once-valued at well over £5bn, will crash into administration on Tuesday.Sky News understands that insolvency practitioners from Teneo will be formally appointed just over a week after Cazoo filed to seek temporary protection from creditors. More than 700 people have already lost their jobs as a result of the …
Business
Sky News
Inflation falls sharply – but June interest rate cut less likely
The rate of price rises has dropped to 2.3% in April – the lowest in nearly three years and closer to the Bank of England’s target, according to official data.Inflation is at a low not seen since July 2021, the Office for National Statistics (ONS) said. Money latest: Do Sunak and Hunt deserve any credit …
Business
Euro News
Ferrovial set to offload UK regional airports amid Heathrow deal uncertainty
Business
Euro News
AstraZeneca reveals plans for a billion-dollar cancer plant in Singapore

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