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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 …
Business
Sky News
Labour promises publicly owned rail – as Tories slam ‘unfunded nationalisation’
Labour has promised to deliver the biggest shake-up to rail “in a generation” by establishing the long-delayed Great British Railways (GBR) organisation and bringing routes back into public ownership. Making the announcement in a speech on Thursday, shadow transport secretary Louise Haigh also pledged to establish a “best-price ticket guarantee” for travellers, offer automatic “delay …
Business
Euro News
Parliament reinforces support for GMO deregulation
Business
Euro News
MEPs approve new anti-money laundering rules – but what do they cover?
Business
Euro News
MEPs approve law to reduce growing stream of packaging waste
Business
Sky News
Suez Canal traffic falls 66% after attacks on Red Sea shipping
Shipping traffic through the vital Suez Canal artery in Egypt has plunged by 66% since cargo was forced to divert due to attacks on vessels, according to official figures.The data, from the UK’s Office for National Statistics (ONS), covered the period from mid-December to the beginning of April. It is important as it represents the …
Business
Sky News
Tesla, Ryanair and Lloyds
On today’s episode, Ian King reveals Tesla’s plans to introduce new vehicle models before the second half of next year as Elon Musk’s company reports a dip in sales and net profits.He gets reaction from Daniel Ives, Managing Director at Wedbush Securities.Lloyds Banking Group also reports a dip in profits.Plus, Ryanair’s chief executive Michael O’Leary …

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