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Euro News
Shell to sell big piece of Nigeria oil business, but activists want pollution cleaned up
Business
Sky News
Inflation surprisingly rises after cost of tobacco increases
The annual rate of inflation has surprisingly risen, official figures show.The consumer price index (CPI) measure of inflation stood at 4% in the year to December, according to the Office for National Statistics (ONS). A fall to 3.8%, had been expected by economists polled by Reuters. But instead, inflation rose by 0.1% from 3.9% in …
Business
Sky News
Plan to safeguard supply of critical imports as Red Sea disruption deepens
A plan to boost the security of critical imports has been revealed by the government following a host of disruptions to global supply chains.The Department for Business and Trade said it had been working with key industry groups for several weeks to identify products the country could not do without and should be “safeguarded”. These …
Business
Sky News
Ryanair boss declares passengers are safe despite Boeing issues
Ryanair’s chief executive has insisted passengers are safe in its fleet of Boeing aircraft after he raised questions about quality control at the plane manufacturer.Speaking to Sky News following the Alaska Airlines accident that saw a fuselage panel blow out of a 737 MAX 9, Michael O’Leary said that he was sending a team of …
Business
Euro News
Vodafone rings up €1.4 billion deal with Microsoft for AI tech
Business
Euro News
Goldman Sachs 4Q profits jump 51% but full year reflects difficult quarter
Business
Sky News
Shell ‘pauses Red Sea shipments indefinitely due to safety risk’
Shell has refused to comment on a report that it has suspended shipments through the Red Sea amid attacks on freight by Iran-linked Houthi rebels.The oil and gas major was said, by the Wall Street Journal (WSJ), to have taken the decision last week to avoid the short route to Europe via the Suez Canal …
Business
Euro News
Fujitsu apologises for its part in UK Post Office scandal
Business
Business Live
West Midlands economy ends 2023 with regained growth momentum – report
There was strengthening growth but rising price pressures across West Midlands businesses in December, according to new research. With sales prospects coming to fruition and demand conditions remaining resilient, new orders rose at the quickest pace in six months, NatWest said in its latest PMI report. Subsequently, there was a faster uptick in output and …
Business
Business Live
Devon care home sold off as owners retire
A care home in Devon has been sold for an undisclosed sum after the owners decided to retire. Marcus Lyward and Lorna Turner had run Court House – a care business for up to 33 elderly residents in Cullompton – since 2014. Following a confidential sales process, the property was purchased by Wade Newmark of …
Business
Evening Standard
UK wage growth falls sharply, raising hopes of interest rates cuts on horizon
Business
Sky News
Wage growth slows as latest unemployment figures released
Wage growth has slowed but still remains well above the rate of inflation while unemployment is unchanged, according to official figures.Average weekly wage growth, which excludes bonuses, eased to 6.6% in the three months to November, from 7.3% a month earlier, the Office for National Statistics (ONS) said. It means pay packets grew faster than …

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