Business

565
How Brexit’s aftermath hindered climate action in Northern Ireland
Politicians shut down the Stormont Assembly for two years. Among the casualties: Northern Ireland’s hopes of greening its economy.
538
UK achieves 2 percent inflation target
The metric bolsters a beleaguered Conservative party that had made inflation a central issue ahead of the July 4 election.
471
HSBC’s Swiss private banking arm breached money-laundering rules, regulator finds
Finma watchdog says bank failed to carry out adequate checks of two high-risk business relationships
661
Tech layoffs from Tesla, Google, Microsoft, and TikTok bring the total to nearly 100,000 this year
Global tech layoffs are nearing 100,000 this year as the likes of Tesla, Google and Microsoft continue to shed employees in a bid to satisfy investors.
566
London surpasses Paris as Europe’s largest stock market following Macron’s election gamble
Emmanuel Macron’s election gamble has caused France to lose its crown as Europe’s biggest stock market, with London retaking the title after spending most of the last two years in second place.
608
Spanish drivers hired to deliver Amazon parcels in UK take legal action over pay
Some of the drivers say they were not paid in full and in some cases billed thousands for vehicle damage
373
Barclays suspends sponsorship of festivals including Download and Latitude after boycotts
Following protests from fans and artists, the bank Barclays has pulled its sponsorship from festivals including Download, Latitude and the Isle of Wight festival.
633
Dutch lorry drivers may cease transporting goods to the UK if post-Brexit delays are not reduced
Dutch hauliers say facilities at border posts where some trucks are held for up to 20 hours are inadequate
569
High street bank with 3.1 million customers hit by glitch causing payments to be taken twice
Customers at a high street bank have been left furious after being charged twice in a tech glitch.
593
Former BHS directors ordered to pay £18 million over chain’s collapse
Two former directors of BHS have been ordered to pay at least £18m to creditors over their role in the collapse of the retailer eight years ago.
526
Iceland issues license to the country’s last whaling company to hunt 128 fin whales
Conservationists criticise ‘disappointing’ and ‘dangerous’ move to allow harpooning of fin whales after curbs last year
539
Beefeater owner threatened with legal action over plan for 1,500 job cuts
Union claims Whitbread, which also owns Premier Inn, has not consulted properly with restaurant staff
631
General Election 2024: hopes for interest rate cut suffer further setback
The final set of employment figures before polling day show wages continuing to grow at way more than double the rate of inflation, which is a double-edged sword for Rishi Sunak’s government.
625
Boss of South West Water’s owner gains £300,000 pay rise
Pay rise for Pennon Group CEO Susan Davy comes despite outrage over Devon diarrhoea outbreak caused by polluted water
464
Analysis shows UK unemployment is increasing faster than in any other OECD country
TUC says only Costa Rica had similar increase in first quarter as ONS data expected to show further rise in April
661
First King Charles bank notes enter circulation today
The bank notes will initially be released via a small number of Post Offices
663
Microsoft to pay off cloud industry group to end EU antitrust complaint
Possible deal involves a multimillion-dollar payout to cloud association backed by Amazon.
505
A (not so) brief ‘criminal’ history of the ECB
From political witch-hunts and nobbling bank mergers to hacking Covid regulations, the ECB’s brushes with the law are varied and plentiful.
703
Royal Mail owner agrees to £3.6bn takeover by ’Czech Sphinx’ Daniel Kretinsky
The company’s parent firm said its branding and UK headquarters would remain in place as part of the deal, along with its universal service obligation to "one-price-goes-anywhere" first class post six days a week.
610
Tens of millions spent ahead of new EU fingerprint travel rules
Preparations are under way at major Channel crossing points for a new automated European Union (EU) border IT system due to start this October, despite fears of queue chaos for holidaymakers.
468
Morrisons workers go on strike at two warehouses amidst a pensions row
Unite union says workers are being ‘fleeced’ by supermarket’s changes to pension contribution rules
649
Disney’s Pixar Animation to lay off about 14% of workforce
Pixar Animation Studios, which produced such classic films as "Toy Story" and "Up," began laying off about 14% of its workforce Tuesday as it scales back development of original streaming series, according to a source familiar with the development.
675
New evidence supports allegations that the Adani Group overcharged for coal
On January 9, 2014, the bulk carrier MV Kalliopi L docked at Ennore port in Chennai, the southern Indian city in Tamil Nadu, after a two-week voyage from Indonesia.
416
UK inflation falls by less than expected to 2.3%, reducing chance of June rate cut
Drop in April is smaller than forecast but level is still lowest in almost three years
411
Brexit border checks will cost UK firms £470m annually, says watchdog
‘More than three years after end of transition period, it is still not clear when full controls will be in place’