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Sky News
Stricken electric van-maker Arrival in fresh rescue funding bid
A British-based company which had ambitions of becoming a global pioneer in electric vehicle manufacturing has picked a new set of advisers to help it secure rescue funding.Sky News understands that Arrival, which is facing the prospect of being delisted from New York’s Nasdaq stock exchange, is working with Jefferies to keep it afloat. The …
Business
Sky News
Concern about the ‘intensity of competition’ among fuel providers
A regulator has outlined concerns about the “intensity of competition” between fuel retailers.In its first monitoring update since finding that drivers were overcharged by supermarkets last year, the Competition and Markets Authority (CMA) said it was yet to receive crucial data on fuel margins covering September and October. It said that while margins – the …
Business
Sky News
Thousands of jobs at Port Talbot steel plant at risk – with announcement expected today
More than 3,000 jobs are at risk at the country’s biggest steelworks – with an announcement on the workforce expected to be made on Friday, Sky News understands.Tata Steel in September confirmed details reported by Sky News that it had secured taxpayer cash to support the Port Talbot plant in South Wales transition to cheaper, …
Business
Evening Standard
Sales and profit surge at WH Smith as travel booms
Business
Sky News
Shell sues Greenpeace for £1.7m after activists boarded moving oil vessel
Greenpeace is facing a £7m lawsuit in one of the biggest ever legal challenges against the group after its activists boarded an oil vessel.The environmental campaign group says the action, being brought by Shell and a contractor, is an “intimidation” suit. The case, filed at the High Court in London, relates to a climate protest …
Business
Business Live
Auto Trader’s half-year sales and profits rise
Revenue and profits rose at Auto Trader during the first half of its financial year. The Manchester-headquartered company has posted a revenue of £280.5m for the six months to September 30, 2023, up from £249.8m. Its pre-tax profits also increased from £148m to £162.8m over the same period. Chief executive Nathan Coe said: “It has …
Business
Euro News
Fortune 500 Europe: Which company is the biggest on the continent?
Business
Sky News
Hollywood stars celebrate end of longest actors’ strike in history
US actors’ union SAG-AFTRA has agreed a “tentative deal” with Hollywood studio bosses to end a 118-day strike.The longest walkout in the union’s history will end at 12.01am US Pacific time on Thursday following a “unanimous vote”. The union, which represents around 160,000 members of the industry, has been on strike since 14 July causing …
Business
Euro News
German inflation at lowest level in two years
Business
Sky News
Lloyds spars with Barclay family over latest £1bn Telegraph exchange
The Barclay family has renewed its efforts to persuade Britain’s biggest high street lender to regain control of the Telegraph newspapers after restating an offer to repay the bulk of the debt it owes to the bank.Sky News understands that the newspapers’ former owners wrote to Lloyds Banking Group again last week to repeat an …
Business
Euro News
EU economy roundup: Tourism steadily climbs but business trips struggle
Business
Euro News
EU seeks to make 10-second bank payments a reality

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