Latest Stories All Stories

Business
Evening Standard
Used car prices rise 27% at Lookers and queues for new cars grow
The average price of a used car sold by Lookers has grown by more than a quarter as a shortage of semiconductors pushed up demand for vehicles.The business said that used car prices rose 27% in the first half of 2022, compared to the same period a year earlier.It meant that despite a drop in …
Business
Sky News
Not right to freeze energy bills despite ‘really expensive winter’ to come, minister says
Freezing energy bills will not help people who need the most support with the cost of living crisis, according to a government minister. The boss of Scottish Power revealed on Tuesday that he had asked the government to back a £100bn loan scheme to allow energy companies to freeze bills for two years. Keith Anderson …
Business
Sky News
Toyota sports car advert banned by watchdog
A Toyota sports car advert that “condoned and encouraged unsafe or irresponsible driving” has been banned by a watchdog.The marketing promotion for the high performance GR Series vehicles gave the impression that drivers “could push the boundaries of safe and responsible driving and that it was desirable and enjoyable to do so”, the Advertising Standards …
Business
Sky News
Everything you need to know about the energy price cap and what it means for your bills
The energy price cap has dominated the news in recent months, as consumers watch nervously to find out how much higher their bills can go, but many of the driving forces behind the rises are beyond our control.What is the price cap? The price cap sets a limit on the amount suppliers can charge for …
Business
Sky News
Energy supplier calls for bill freeze and VAT cut to ease winter crisis
The government should bring forward energy grants, cut VAT on fuel bills and back a price freeze funded by a £100bn commercial loan scheme to prevent millions of households being pushed into fuel poverty this winter, one of the UK’s biggest energy suppliers has said.EDF says a new package of government support should be accompanied …
Business
Sky News
UK economy edges closer to stagnation with factory slump
UK private sector growth has moved closer to stagnation as it slowed to a new 18-month low, dragged down by a slump in factory output, latest data indicates.The closely watched S&P Global/CIPS Purchasing Managers’ Index (PMI) composite flash estimate dropped to 50.9 in August from 52.1 in July, its lowest since February 2021 and close …
Business
Sky News
Nissan to close Sunderland engine cylinder plant as Renault contract ends
The Japanese carmaking giant Nissan is to close its British engine cylinder plant in 2024 when a contract with its only customer expires.Sky News has learnt that Nissan has decided to shut the area of its vast Sunderland factory dedicated to making cylinder heads for Renault combustion engines. The decision will not result in any …
Business
Sky News
Spike in gas prices threatens big troubles for European economies
Wholesale gas prices are back to trading at close to a five-month high.The price of British gas for immediate delivery is off 2.5% this morning but on Monday traded as high as 503p a therm – a level last seen in the immediate aftermath of Vladimir Putin’s invasion of Ukraine. Similarly, day-ahead prices are off …
Business
Evening Standard
Staff absences spark Gatwick cancellations as boss claims ‘business as usual’
More than two dozen easyJet flights were cancelled at Gatwick on Tuesday morning, even as the airport said it had returned to “business as usual”.Twenty-six flights – 13 departures and 13 arrivals – had to be cancelled after not enough staff went in to work, the business said.“Restrictions were put on the number of flights …
Business
Business Live
Apprenticeships still overlooked by young people says new report
Misconceptions around apprenticeships are still influencing the decisions of young people in their career paths, according to new research. The survey of more than 1,000 people across England found that more than half (51 per cent) of people aged between 18 and 24 still believed a university degree would make you more likely to earn …
Business
Evening Standard
Starmer should be ‘more upfront’ in supporting striking workers, says union boss
A trade union boss has suggested Sir Keir Starmer is “embarrassed” to stick up for workers as dockers at Britain’s largest container port strike for the first time in 30 years.Unite general secretary Sharon Graham told broadcasters on Tuesday that the Labour leader should be “more upfront” in supporting strikers, who “need people in their …
Business
Business Live
Re-born airline Flybe returning to Cornwall Airport Newquay for London and Manchester links
Re-born budget airline Flybe is set to return to the South West skies to operate new routes to Manchester and London. The transport hub has announced the short-haul carrier will operate year-round flights from Cornwall Airport Newquay to London Heathrow and Manchester Airport, starting in October. Flybe will launch a 12-times weekly connection (double-daily Monday …

BusinessAT

Bringing you the latest stories from around the world

Editorial: [email protected]

Social Media:

General

Resources