Pub group Marston’s has revealed the Euro 2024 tournament delivered a boost to sales as fans flocked to venues to support the England football team in the final. The company, which runs about 1,370 pubs across the UK, said the football lift came after a period of wet weather putContinue Reading
Aston Martin’s losses deepened in the first half of 2024, as the luxury car-maker ringfenced more than £2 billion to help it switch to electric cars and said its incoming chief executive will join earlier than planned. The British company delivered just 1,998 cars in the first half of 2024,Continue Reading
Santander UK has seen half-year profits slump by almost a third after being knocked by shrinking mortgage lending and higher savings rates, but is hoping for a boost from “tailwinds” over the final six months. The Spanish-owned high street lender reported a 31% drop in pre-tax profits to £804 millionContinue Reading
The Energy Department (DESNZ) could miss its 2030 carbon capture target, the National Audit Office said. Carbon capture and storage (CCUS), which involves catching carbon and burying it underground, is central to Government plans to reach the UK’s legally binding net zero target by 2050. The technology is seen asContinue Reading
Sir Keir Starmer has told business chiefs the Government is “ripping out the red tape” to allow construction of warehouses, roads and power grid connections. The Prime Minister hosted chief executives in Downing Street, telling them a partnership between the public and private sector was needed to “rebuild Britain together”.Continue Reading
The Government has failed to “adequately” explain how a new gas power station in north-east England forecast to emit millions of tonnes of greenhouse gases will help deliver its net zero commitment, the High Court has been told. Environmental consultant Andrew Boswell is taking legal action against ministers over theContinue Reading
Carpetright’s future has been partially secured through a rescue deal, but the move has resulted in the loss of over 1,000 jobs. Rival flooring retailer Tapi has purchased 54 out of 272 Carpetright stores and two warehouses through a pre-pack administration, which allows the selective acquisition of assets. This transactionContinue Reading
The UK Space Agency has awarded a £1.3 million Major Project grant to Orbit Fab under the National Space Innovation Programme, marking a significant step towards pioneering sustainable space operations. This funding will support the development of a high-pressure variant of the RAFTI (Rapidly Attachable Fuel Transfer Interface) refuelling port,Continue Reading
First Minister John Swinney said the Scottish Government has to “live in the reality of the resources we’ve got available to us” as he declined to commit to making more money available to avert the impending strikes by waste and recycling workers across Scotland. Mr Swinney was speaking to reportersContinue Reading
The BBC has announced it is to cut 500 jobs as it attempts to save £200 million to drive the “transformation” of the corporation. Chief operating adviser Leigh Tavaziva said it is making the changes to improve its premium video offering and digital capabilities. It comes as the BBC isContinue Reading
