Jaguar Land Rover's Somerset gigafactory secures £380m as part of a £700m government package backing British EV manufacturing, R&D and SME supply chain firms. Read more: JLR battery plant lands…
Bank of England Credit Conditions Survey shows mortgage defaults at a two-year high as the Iran crisis drives borrowing costs up, squeezing homeowners and SMEs. Read more: Mortgage defaults hit…
Mexico, the largest importer of US natural gas, is exploring fracking as the war in the Middle East fuels global energy price volatility Read Full Article at RT.com
US oil giants ExxonMobil and Chevron have reported lower output as the Iran conflict has disrupted the energy supply in the Middle East Read Full Article at RT.com
Brent crude jumps 4% towards $100 a barrel after Iran closes the Strait of Hormuz in response to Israeli strikes, threatening 20% of global oil and gas supplies. Read more:…
Vinted revenues rose 38 per cent to €1.1bn as cash-strapped consumers turn to second-hand fashion, with the UK now its second-largest market boasting 16 million users. Read more: Vinted breaks…
Harrods Estates has shut its doors after 130 years, citing falling demand in London's luxury property market driven by stamp duty rises, the abolition of non-dom status and shifting buyer…
Britain set new solar generation records on consecutive days this week, hitting 14.4GW, as the government approved the Springwell solar farm in Lincolnshire — the UK's largest. Read more: Britain…
John Lewis Partnership chairman Jason Tarry received a 21% pay rise to £1.2m while the retailer shed 3,300 jobs across its department stores and Waitrose supermarkets. Read more: John Lewis…
Britain's private sector barely grew in March as the Middle East conflict drives up costs and dampens confidence, raising the spectre of stagflation for SMEs already under pressure. Read more:…