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Sky News
Government borrowing £6.6bn higher than forecast
Doubts have been raised over the government’s ability to unveil tax cuts ahead of the next general election after official figures revealed borrowing was higher than expected in the past year.The Treasury borrowed £120.7bn in the financial year ending March 2024 – down £7.6bn from the year before, according to provisional estimates from the Office …
Business
Euro News
Made in Europe: The AI company aiming to solve the teacher shortage crisis
Business
Business Live
Port of Blyth posts record results for third consecutive year
Growth in work within the global offshore sector has triggered record results at the Port of Blyth for a third consecutive year. The port has held its Annual Public Meeting to shine a light on rising revenues and record profitability, with turnover rising from £30.4m to £31.5m. Operating profit rose from £3.7m to £3.9m, while …
Business
Sky News
Supermarket price war leads to fall in grocery inflation
Promotional offers by supermarkets were a major factor behind a further easing of grocery inflation over the past month, according to industry data.Kantar Worldpanel, which compiles price and sales data from the major chains, noted a 14th consecutive slowing in the annual pace of price rises at the tills in its latest report on the …
Business
Euro News
Launch of energy efficiency coalition seeks to fill investment gap
Business
Euro News
Belgium issues ultimatum over energy tax reform
Business
Sky News
FTSE 100 hits new record high helped by five-month low for pound
The FTSE 100 has ended a long wait to achieve a new record high.The index, which comprises the 100 most valuable companies on the London Stock Exchange, closed Monday’s session on 8,023 points following a jump of 128 points or 1.6%. That was the highest closing sum since February last year when the 8,000 barrier …
Business
Sky News
Kylie music label BMG in rival approach for Hipgnosis
The music giant which counts Kylie Minogue, Lenny Kravitz and Fatboy Slim among its roster of global artists has expressed an interest in buying Hipgnosis Songs Fund (HSF), the London-listed company.Sky News has learnt that BMG, which is wholly owned by the German media and publishing giant Bertelsmann, approached HSF several weeks ago with an …
Business
Euro News
Tesla looks to win back customers with worldwide cuts in EV prices
Business
Evening Standard
Union threatens strike preparations over council pay dispute with Cosla
Business
Evening Standard
World’s biggest floating offshore wind farm gets go-ahead
Business
Business Live
£2.9m takeover of Virgin Money moves closer as shareholders are sent offer details
A £2.9bn takeover of challenger bank Virgin Money has moved a step closer after details on the offer were issued to shareholders. Nationwide Building Society’s proposed the acquisition of the Newcastle business last month, with the boards of both companies saying they had agreed on a cash acquisition, which would deliver shareholders 220p per share. …

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