Jaecoo owner Chery to open UK R&D centre in Bedfordshire this autumn
The Chinese carmaker behind the Jaecoo and Omoda brands will open a Chery R&D centre at the UTAC Millbrook test site in Bedfordshire in late autumn, as it moves towards…
Business
Oxfam cannot guarantee future of charity shops as it reviews warehouses
Oxfam says it cannot guarantee the future of its Oxfam charity shops and is reviewing its three UK warehouses, as falling donations and competition from online resale platforms weigh on…
Trainline and Virgin Atlantic face CMA drip pricing investigation
The competition regulator has opened a drip pricing investigation into Trainline, Virgin Atlantic and RED Driving School over concerns that mandatory fees were not shown to customers upfront.
Frasers lifts Hugo Boss stake to almost 48% but falls short of control
Frasers Group's Hugo Boss stake has risen to almost 48 per cent after 17.6 per cent of investors accepted its £1.7 billion takeover offer — short of the majority needed…
Charlotte Tilbury profits reach £21m as global sales climb to £539m
Charlotte Tilbury profits rose by just under 15 per cent to £21 million in the year to the end of December, as a launch in Mexico and a debut on…
UK inflation rises to 2.9% after energy price cap increase
UK inflation climbed to 2.9 per cent in July, its highest since March, after a 13 per cent rise in the Ofgem energy price cap took effect — with investors…
The best web hosting providers in the UK 2026
Choosing a host used to be a technical decision; for most UK small businesses it is now a commercial one. Entry level specs have converged (storage, SSL and one click…
Personal insolvencies jump 14 per cent as IVAs climb to highest level since 2022
Personal insolvencies in England and Wales were 14 per cent higher in July than a year earlier, driven by a rise in individual voluntary arrangements that took monthly numbers to…
UK sells ten-year gilts at 5.155%, highest rate since 2007
UK borrowing costs hit a near two-decade high on Tuesday as the government sold ten-year gilts at 5.155 per cent, the highest rate since August 2007.
Private sector pay growth slows to 2.8%, a six-year low, ONS says
Private sector pay growth slowed to 2.8 per cent in the three months to June, a six-year low, while public sector pay rose 6.1 per cent, ONS data shows.