Finance
861
Tech company Raspberry Pi is preparing to launch its initial public offering on the London stock market
Cambridge-based business could be valued at up to £500m and is boost for UK after some companies switched listings
895
Brexit-related IT issues are causing delays of up to 20 hours in importing perishable items to the UK
Lorries carrying meat, cheese and cut flowers held up by new checks, with retailers rejecting some orders
865
Anglo American to divest iconic diamond business De Beers in breakup strategy
UK mining company reveals breakup plan in bid to avoid takeover by Australia-based BHP
604
UK economy emerges strongly from recession
The 0.6 percent growth was stronger than analysts had expected.
792
Brussels accuses Britain of being overly environmentally conscious in Brexit eel dispute
Snakey fish fight is center stage as U.K.’s new environmental measures rub the EU the wrong way.
640
Bank of England leaves key interest rate at 5.25 percent
Governor Andrew Bailey opens the door to a first rate cut in June, but warns it’s “not a fait accompli”.
648
TSB announces closure of 36 branches and plans to cut hundreds of jobs in full list of closures
Trade union Unite says the decision by the UK high street lender is a "grave mistake" and customers would "undoubtedly suffer a downgrade in service from these job cuts".
658
Britain’s audit watchdog issues $11.9 mln fines for LCF failures
Britain’s Financial Reporting Council has fined three audit firms including PWC and EY about 9.5 million pounds ($12 million) in aggregate for failures in their handling of London Capital & Finance (LCF)...
748
Chinese network behind one of world’s ‘largest online scams’
Vast web of fake shops touting designer brands took money and personal details from 800,000 people in Europe and US, data suggests
922
Berkshire Hathaway’s operating earnings surge by 39% amid Buffett’s record $188 billion cash reserves
Berkshire Hathaway reported Saturday a huge year-over-year increase in operating earnings in the first quarter, while its cash holdings bubbled to record levels.
814
Brexit aftermath leads to UK farmers losing faith amid looming food security concerns
A combination of 18 months of bad weather, Brexit and other international events have left confidence in British farming at an all-time low, the National Farmers Union (NFU) has revealed.
641
Chaos from new Brexit border checks masked by bank holiday weekend, causing delays and red tape for businesses
The director general of Britain’s leading trade body has described Tory ministers as “smart” for using the bank holiday weekend to mask the impact of a new Brexit borders checks system, which is set to add delays, red tape and costs to many imports.
788
Boris Becker no longer bankrupt
Former Wimbledon champion Boris Becker’s bankruptcy has officially ended, after a UK judge found he had done "all that he reasonably could do" to fulfil his financial obligations.
806
Whitbread, owner of Premier Inn, to cut 1,500 jobs while expanding hotel business
Premier Inn owner Whitbread is set to axe around 1,500 UK jobs as part of plans to build more hotel rooms and slash its chain of branded restaurants by more than 200.
788
Ireland benefits from €700m Brexit windfall through customs duties
Dublin records near-doubling of tax revenue from duties on imports of clothing, food and other goods from Great Britain
724
Brewing giant Heineken has cut down an orchard to sell the land
The UK’s largest cider maker has chopped down a huge orchard, sparking fears for wildlife as it is a natural bird habitat.
795
Makers of Blackpool rock express concerns about the future of the traditional confection
The "heritage and tradition" of Blackpool rock is under threat from an influx of "inferior" Chinese imports and a shortage of skilled workers, the town’s manufacturers have said.
787
Tesla reduces prices in significant markets as sales decline
Tesla has cut its prices again in a number of major markets - including the US, China and Germany - as the electric car giant run by multi-billionaire Elon Musk faces falling sales.
702
Peter Murrell police charge ’incredibly difficult’ - Nicola Sturgeon
Former first minister Nicola Sturgeon has described allegations that her husband embezzled funds from the SNP as "incredibly difficult".
825
High street bank with 2.6m customers set to be sold to rival in £780 million landmark deal
Talks of the potential merger have been ongoing since December 2023
623
UK inflation has decreased by a smaller margin than anticipated, reaching 3.2%, which dampens hopes for a rate cut
Predictions for when Bank of England will start lowering cost of borrowing pushed back
691
Wheel maker BIL Group buys Varley Castors to create largest group of its kind in the UK
BIL is owned by Daresbury’s PHD Industrial Holdings group
709
Revolution Bars could close 18 sites under major overhaul plans
The group, which also owns chains including Peach Pubs and Revolucion de Cuba, said it has been hit by cost-of-living pressures and regular train strikes affecting its younger customer base.
710
The IMF warns that using industrial policy to enhance innovation is not a panacea for addressing slow economic growth
Aggressive government intervention could create expensive mistakes and prompt subsidy battle
765
Fears for thousands of pubs as Slug and Lettuce owner battles major £2billion debt pile
Stonegate Pub Company, which has a network of more than 4,400 UK pubs and bars including Slug & Lettuce, has said there is a risk that its debt cannot be refinanced by its July 2025 deadline
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