LATEST BUSINESS NEWS

Cadogan Square in London

Streets where home sellers’ price tags are highest on average this year revealed

London Stock Exchange sign

UK stock markets lag behind Europe and US as oil prices slide

STV journalists strike

Union cancels STV 24-hour strike amid talks on pay dispute

Banknotes and coins

Universal Credit ‘will need to change to tackle challenge of long-term sickness’

City of London

PageGroup cuts workforce further as trading troubles deepen

Britishvolt administration

Blackstone nears deal to buy former Britishvolt gigafactory site

Liz Truss

Truss: Bank of England governor should resign over mini budget response

AI safety summit

Tesla to lay off more than 10% of workers – reports

Save Windermere campaign

Steve Coogan blasts water company ‘greenwashing’ over Lake Windermere pollution

Mitie van

Outsourcer Mitie revenues jump to record £4.5bn

Inchcape plate

Inchcape to sell UK car dealership business for £346m

Kevin McCloud

Grand Designs’ Kevin McCloud says UK property market ‘broken and dysfunctional’

Flooding in 2023

Record £573m paid out in weather-related home insurance claims in 2023 – ABI

Barbiecue

Heinz and Mattel join forces to create pink ‘Barbiecue’ sauce

Electric car being charged (John Walton/PA)

Homes with heat pumps and EVs are more ‘energy patriotic’, analysis claims

London Metal Exchange, Leadenhall Street, City of London

UK and US block trade of new Russian metals at world’s largest exchanges

City stock

London’s FTSE 100 hovers close to all-time high on mining rally

Post Office Horizon IT scandal

Former Royal Mail chief executive unaware group’s lawyers conducted prosecutions