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03.01.2024 - 10:05
Business
Evening Standard
Minimum requirement for electric car sales comes into force
03.01.2024 - 08:19
Business
Sky News
Ryanair lashes out at online ‘pirates’ after airline removed from booking sites
Ryanair has warned its business is likely to be hit in the short term after a string of online travel agents removed the airline from their online listings.The Irish firm accused brands including Booking.com, Kiwi and Kayak of acting like “pirates” after they suddenly wiped its flights from their websites last month. Ryanair said it …
03.01.2024 - 07:55
Business
Sky News
‘Record’ Christmas sales for supermarkets aided by promotions
Price cuts to lure shoppers helped supermarkets rake in record revenues ahead of Christmas, according to industry data.Kantar Worldpanel, which tracks sales and prices among chains, said £13.7bn passed through tills or via websites over the four weeks to 24 December. It took average household grocery spending to an all-time high of £477 across the …
03.01.2024 - 07:21
Business
Sky News
Lenders cut mortgage rates as experts predict more reductions in coming weeks
A string of banks and building societies are likely to follow the UK’s largest lender in cutting mortgage rates in the coming weeks, experts have said.It comes after Halifax reduced its rates by up to 0.83% on Tuesday, including a two-year deal of 4.68% with a £999 fee. Lloyds Banking Group, which owns Halifax, said …
03.01.2024 - 07:21
Business
Sky News
High street bank to offer five-year mortgage deal below 4% – as more lenders set to slash rates
HSBC has become the latest lender to cut mortgage rates amid predictions that more banks and building societies will follow suit in the coming weeks.The high street bank said its new deals will be introduced on Thursday. They will include a two-year fixed remortgage rate of 4.49% and a five-year deal of 3.94%. First Direct, …
02.01.2024 - 13:57
Business
Sky News
Global oil costs volatile as Red Sea shipping attack weighs
Two of the world’s largest container ship operators have extended diversions from the Red Sea following an attack on a vessel at the weekend that has been blamed for a renewed oil price volatility.Maersk had suspended, on Sunday, sailings near or via the Suez Canal after one of its giant carriers, the Maersk Hangzou, was …
02.01.2024 - 13:57
Business
Sky News
Oil prices volatile after latest attack on shipping container in the Red Sea
Two of the world’s largest container ship operators have extended diversions from the Red Sea following an attack on a vessel at the weekend that has been blamed for renewed oil price volatility.On Sunday, Maersk suspended sailings near or via the Suez Canal after one of its giant carriers, the Maersk Hangzou, was targeted by …
02.01.2024 - 13:36
Business
Euro News
European stocks hit a 23-month peak to start the new year
02.01.2024 - 12:04
Business
Euro News
Chinese and German manufacturing sectors boosted by new orders, UK lags
02.01.2024 - 11:18
Business
Sky News
HSBC joins ranks of suitors for Tesco banking arm
HSBC has joined a host of rival high street lenders vying to snap up Tesco Bank as its owner mounts a fresh attempt to offload the business.Sky News understands that HSBC has submitted an indicative offer for Tesco Bank, which has about five million customers and employs more than 3,500 people. It was unclear on …
02.01.2024 - 11:00
Business
Sky News
Aldi and Lidl report ‘best ever’ Christmas sales
Discount supermarket chains Aldi and Lidl have said Christmas 2023 was their “best ever” in the UK.Aldi said sales were more than £1.5bn in the four weeks to 24 December. The company, which has 1,010 stores across the country, said the figure represented a rise of 8% year-on-year and was its “best ever” for the …
02.01.2024 - 10:55
Business
Sky News
UK manufacturing sector shrinks for 17th month in a row
The slump in the UK’s manufacturing industry continued last month with output, new orders and employment all falling, according to a closely-watched survey.Business optimism in the sector also slid to a 12-month low in December, amid client closures and high interest rates, S&P Global/CIPS UK found. The firms’ reported that their manufacturing purchasing managers index …
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