LATEST BUSINESS NEWS

An Orbex rocket

Construction begins on ‘carbon neutral’ Sutherland Spaceport

Apple store

Apple reveals rare drop in revenue in latest results

London skyline

London markets drop after rate hikes while pound strikes 11-month high

Chat GPT

Why are authorities talking about AI and what are other countries doing?

The extra cash will allow Shell to pay its shareholders another four billion US dollars by buying back its shares (Yui Mok/PA)

Calls for tax ‘loopholes’ to be closed as Shell makes £1.4bn more than expected

Germany European Central Bank

European Central Bank announces quarter-point rise in interest rates

An electric car being charged

Electric car growth forecasts downgraded

Legal & General's modular homes factory in Selby

475 jobs at risk as L&G halts production at modular housing factory

Passengers wait to check in at Heathrow Airport

Heathrow operating contingency plans amid security guards strike

Trains in sidings

Trainline shrugs off strike impact as ticket demand booms

Virgin Money branch

Virgin Money sees shrinking profits as debt provisions multiply

Germany Volkswagen Earns

Volkswagen profits fall by 30% due to drop in Chinese sales

A 'Sold' sign outside a house

Spring bounce as home-buyer mortgage approvals rise in March

Sir Richard Branson

Virgin tycoon Branson ‘feared losing everything’ during Covid pandemic

Facebook Marketplace on a smartphone

Dangerous electrical goods remained on sale via Facebook after alerts

Pints of beer

UK service sector growth jumps to year-high, but inflation passed to customers

A woman holding coins

Later life challenges have changed since last coronation, says pension provider

Shell logo

Shell makes nearly £1.4bn more than expected in opening quarter