Business

406
Anglo American incurs additional £1.2bn writedown on Yorkshire fertiliser mine
Production at Woodsmith site near Whitby set back to 2030 as firm plans to pause work during overhaul
599
Thames Water violates licence as part of its debt is downgraded to junk status
Move by ratings company Moody’s puts Thames in breach its operating licence but Ofwat likely to hold off on large fine
516
Officer from Italy forced to quit UK police due to post-Brexit barriers
Dani says his £26,000 salary is not high enough to sponsor his wife so she can join him in Britain
623
Ryanair profits drop by nearly 50% due to reduced summer fares
Europe’s largest airline says passengers are waiting until later in the season to book tickets
418
Wowcher to refund £4million to 870,000 customers after ruling over ’misleading’ website
The refunds will be issued to thousands of Wowcher ’VIP members’ after it was ruled the use of pre-ticked boxes meant customers could have been signed up without their full understanding
340
Yorkshire Water bosses get hefty bonuses after company failed customers
CEO and CFO given total of £616,000 for a year in which some residents struggled to go about daily lives
398
UK house purchases delayed due to issues with Chaps payments system
Bank of England said issue affected some payments on Thursday but that service had been restored by 4.30pm
505
Santander outrage as customer loses local branch and hits deposit limit
He was unhappy with the bank’s response to his complaint
510
EU to ease Brexit travel checks for British passengers as new border plan faces further delays
Entry-exit system will now start in November – with ‘relief valve’ to reduce congestion
624
UK inflation remains unchanged despite increasing hotel prices
UK inflation held steady in June despite hotel prices rising strongly, according to the latest official figures.
591
Titanic shipyard owner Harland & Wolff awaits news of funding lifeline
About 1,500 jobs at risk as shipbuilder waits on reported £200m state deal in early test for Labour industrial policy
515
Legislation addressing assaults on shop workers and closing loopholes in shoplifting laws is forthcoming
In the first King’s Speech since the General Election, Labour will announce a specific offence of assaulting retail workers and close a Tory loophole downgrading shoplifting
454
The mortgage price war intensifies as leading lenders like Barclays and Halifax reduce their rates
This week alone Barclays, Halifax, First Direct, Nationwide and Virgin Money have all announced changes to their home deals while last week HSBC, Yorkshire Building Society, and Santander also lowered mortgage rates
648
Carpetright on brink of collapse putting 1,800 jobs and 270 stores at risk
The move does not mean Carpetright has fallen into administration, filing a notice of intent to appoint an administrator is a move retailers can make to prevent the company from going bust
680
British chipmaker Graphcore bought by Japan’s SoftBank
Deal for undisclosed sum secures Bristol-based company’s future after ‘material uncertainty’ in 2023
464
Shoppers left unable to make payments or withdraw cash as card systems dropped today
A third party system which supports card payments for Visa and Mastercard went down this morning leaving shoppers across the country unable to use their debit card to pay or withdraw cash
571
England’s pubs gear up to serve 10 million additional pints on Euros final day
Flights to Berlin are fully booked and Tesco thinks it will shift 1m pizzas in massive boost to the economy
470
Major UK firm Dyson to cut up to 1,000 jobs nationwide in significant restructuring
Find out below what your rights in redundancy are
622
Hollywood studio Paramount agrees to a $28bn merger with Skydance
End to Redstone family’s involvement in media group, which also owns CBS, Nickelodeon and the UK’s Channel 5
566
Amazon’s Coventry workers begin voting in a historic union ballot
More than 3,000 staff could get right to bargain collectively for rights and pay for the first time
589
The UK will push for job guarantees in exchange for investment in Port Talbot
New business secretary Jonathan Reynolds confirms that negotiations with owner Tata Steel are continuing
340
UK haulage industry urges investment in electric truck infrastructure
There are just 300 electric HGVs in the 500,000-strong lorry fleet – and only one public charging point, says RHA.
656
Tyson Fury’s business empire is now worth over £80 million following remarkable growth
Tyson Fury has enjoyed yet another incredible financial year thanks to some big fights in Saudi Arabia and his mega-fortune keeps on rising as he continues to delay retirement
423
There is ’disbelief’ as US-UK trade deals are under threat after Britain dismissed its negotiators
Business community decries ‘act of arson’ as one-sixth of trade posts within British consulates in the US are scrapped
547
The Thames Water board approved a £150 million payout just hours before reversing their decision on funding
Ofwat to investigate circumstances around payment of dividend to intermediate parent company