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Sky News
The signs point to interest rate cuts within months – here’s why
The conversation about rate cuts has now officially begun.For months, even as the market began to bet that the Bank of England would soon begin reducing the cost of borrowing, those in Threadneedle Street were adamant that the time for such conversations had not yet come. In the minutes alongside each of its decisions, the …
Business
Business Live
First Minister contender Jeremey Miles commits to review of all Welsh Government business support
First Minister contender Jeremy Miles said if elected he would undertake a review of all Welsh Government business support to assess whether it remains fit for purpose, as well providing financial support to increase graduate entrepreneurship levels. In his leadership manifesto, Our Mission or Wales, Mr Miles, who is up against Vaughan Gething to succeed …
Business
Evening Standard
National Lottery changes hands as Allwyn replaces Camelot as operator
Business
Sky News
Labour defends decision not to restore bankers’ bonus cap
Rachel Reeves has defended her decision not to restore a cap on bankers’ bonuses, arguing businesses do not need “more chopping and changing”.The shadow chancellor said that when the government scrapped the cap under Liz Truss, Labour did not “feel that was the right priority in that budget”. But she said much stronger rules were …
Business
Sky News
Shell reports fall in profits to £22bn after record 2022
Profits at oil and gas giant Shell have dipped below the record highs of 2022 but totalled $28.25bn (£22.32bn) in 2023 as energy prices remained high. The company traded more in liquified natural gas (LNG) and increased production. This offset the fact it earned less from refining and from oil trading, and faced higher operating …
Business
Euro News
‘Mafia’ strikes bring Finland to a standstill as unions face down government
Business
Business Weekly
Planners back new Cambridge ‘Superlab’ after Breakthrough secures £104m loan
Breakthrough Properties has secured a £104 million loan and won planning approvals to kickstart a new Cambridge life sciences building – Vitrum by Breakthrough – at St John’s Innovation Park. Working with Danish-based and world-renowned architectural studio Henning Larsen, Breakthrough has designed the five-storey, 175,000 sq ft building for maximum flexibility and adaptability for a …
Business
Sky News
Firms will be envious of Northern Ireland as Brexit barriers go up for Britain
By luck or design the breakthrough in Northern Ireland, facilitated by the easing of customs controls, came on the same day that trade between the EU and the rest of the UK became a whole lot more complex and costly.The government’s imposition of long-delayed Brexit border controls, starting with health certificates for food and flowers, …
Business
Sky News
Post-Brexit checks on goods between Britain and Northern Ireland set to end under new plans
The UK government is tabling legislation to end post-Brexit checks on goods moving between Great Britain and Northern Ireland.Significantly, the Withdrawal Act will also be amended, meaning EU law will no longer apply automatically in Northern Ireland. The details are contained in a government document which effectively details the deal to restore power-sharing at Stormont.The …
Business
Euro News
Drugmaker Novo Nordisk reaches market value of $500 million
Business
Sky News
State-backed NatWest hires headhunter to find Rose successor
NatWest Group is moving towards the appointment of a permanent successor to Dame Alison Rose after hiring headhunters to assist its new chairman with the search.Sky News understands that Heidrick & Struggles has been enlisted by the state-backed bank’s board , weeks before it publishes its annual results. City sources said that Heidrick’s appointment had …
Business
Sky News
‘Almost inevitable’ UK will burn more gas and import more energy after Hinkley delayed
The fresh delays to Hinkley Point C nuclear power station will “very likely” force the UK to burn more gas and import more energy than expected, analysts have told Sky News.The already delayed project had been due to provide 7% of the UK’s electricity from 2027, until it was pushed back again last week by …

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