Dozens of Scottish distilleries are showing signs of financial distress as exports to the US and China weaken, tariffs bite and domestic demand shifts away from spirits. Read more: Tariffs…
Stagnant wage growth condemns British families to flatlining living standards amid the cost-of-living crisis, a think tank has found Read Full Article at RT.com
Energy secretary Ed Miliband has approved dozens of new solar and onshore wind projects across the UK, sparking a backlash over farmland loss and rising consumer subsidies. Read more: Miliband…
Starling Bank founder Anne Boden has reduced her shareholding in the digital lender following a secondary share sale that valued the fintech at up to £4bn. Read more: Starling founder…
UK chip start-up Fractile is investing £100m to expand operations in London and Bristol, backing Britain’s push for sovereign AI hardware and more efficient inference chips. Read more: Fractile commits…
Apple and Google have agreed to change how their app stores operate in the UK after the CMA ruled they held an effective duopoly, marking a major step in digital…
China’s energy imports from Russia rose more than fourfold and are set to rise further, the head of the Trade Policy Institute has told RT Read Full Article at RT.com
UK gilt yields rose as investors sold bonds amid fears of political instability and a possible shift to more left-wing Labour policies following calls for Keir Starmer to step down.…
London-based energy tech firm Tem has raised $75m in funding led by Lightspeed Venture Partners as it uses AI to cut business electricity bills by removing wholesale market intermediaries. Read…
Barclays plans to cut £2bn of costs over three years and ramp up the use of AI as it targets more than £15bn of capital returns to shareholders by 2028.…