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Arla Foods to merge with German milk cooperative to form €19bn revenue giant
Diary producers Arla Foods and DMK Group are set to merge in a move that will create a €19bn revenue group. The farmer-owned groups say the move – which is subject to regulatory approval – will create the strongest dairy cooperative in Europe. It follows collaboration between the two organisations, who say the merger will …
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Business Live
Jaguar Land Rover reveals scale of Donald Trump’s tariffs with US sales figures
The impact of Donald Trump’s tariffs on Jaguar Land Rover has been brought to light as the luxury car manufacturer detailed its vehicle exports to the US for the first quarter of 2025. The Coventry -based automotive giant reported a 14.4% increase in wholesale volumes in North America during its fourth quarter, as reported by …
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Business Live
Newcastle pub amusements supplier Bob Rudd maintains profits despite cost-of-living crisis
North East pub amusements supplier Bob Rudd Ltd has grown sales and maintained profits despite the challenges of the cost-of-living crisis, accounts show. The Brunswick Village company was founded in Newcastle by Bob Rudd in 1989, to supply gaming and amusement machines to pubs, but it has had to diversify over the years. The business …
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Business Live
Kings Heath businesses ‘excited’ as new station finally nears completion
Businesses in Kings Heath say the long-awaited railway station nears completion will give their area a big boost. Transport for West Midlands officials say the construction of the Camp Hill Line stations at Kings Heath, Moseley, and Pineapple Road is progressing smoothly and is expected to be finalized by the end of the year. The …
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Business Live
Taskmaster makers’ huge payday as profits soar at production company
The creators of popular TV shows like Taskmaster have enjoyed a significant pay day as profits at their production company continue to climb. The London-based Tiverton 2 group, which owns several TV production companies including Avalon Entertainment, issued a £12m dividend in October last year, as reported by City AM. This followed the company’s pre-tax …
Business
Sky News
Last UK blast furnaces days from closure as Chinese owners cut off crucial supplies
​​​​​​​The last blast furnaces left operating in Britain could see their fate sealed within days, after their Chinese owners took the decision to cut off the crucial supply of ingredients keeping them running.Jingye, the owner of British Steel in Scunthorpe, has, according to union representatives, cancelled future orders for the iron ore, coal and other …
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Business Live
Welsh business fears over new 10% tariff on exports into the key US market
Businesses in Wales has raised serious concerns over future trading prospects after the imposition a 10% tariff on all UK goods into America. The US, outside of the EU, is the biggest export market for Welsh firms with total exported goods worth more than £2bn annually. The 10% tariff on goods is lower than many …
Business
Business Live
HSBC and Barclays shares tumble as Trump’s new tariffs shake up FTSE 100
Shares in Britain’s leading banks plummeted in early trading on Thursday following President Trump’s tariff announcement, which sent shockwaves through the London stock market. Europe’s largest bank, HSBC, saw its shares tumble by over 5%, with Barclays experiencing a fall of more than 4%, as reported by City AM. Standard Chartered, a member of the …
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Business Live
Renewable energy trust dividends at risk as Stifel warns of subsidy cliff
Stifel has issued a warning that the dividends of renewable infrastructure investment trusts could become more volatile as subsidies for clean energy are set to expire in the coming years. Many renewable infrastructure projects will see their government-backed Contracts for Difference, which provide developers with a stable revenue stream, expire between 2032 and 2035, as …
Business
Business Live
Pets at Home says profit fell in line with expectations and warns of struggles ahead
Pets at Home has reported that its profit has fallen in line with expectations, according to its latest performance update. However, the company has also warned of potential challenges ahead, as reported by City AM. The group anticipates a pre-tax profit of £133m for the year, which aligns with previous forecasts. Despite a “challenging and …
Business
Sky News
Harrods revises compensation payouts for al Fayed abuse victims
Harrods has revised the terms of a compensation scheme to be offered to hundreds of sexual abuse victims of the department store’s former owner, Mohamed al Fayed, ahead of its formal launch this week.Sky News has learnt that lawyers for Harrods have increased the maximum potential payout for survivors of Mr al Fayed from roughly …
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Business Live
Northumbrian Water reveals project to turn poo into sustainable aircraft fuel
Efforts to make aircraft fuel out from North East poo are under way, in what has been described as a world first project. Researchers from Northumbrian Water hope to produce sustainable aviation fuel using algae grown in domestic sewage. The ‘Green Machine’ project will use the algae to extract nitrogen and phosphorous from wastewater, before …

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