Bussiness
Allied Irish Banks: AIB increases pre-tax profit to almost €1.3bn
Allied Irish Banks (AIB), the Dublin-based bank, increased its pre-tax profit by 31% to almost €1.3bn (£1.1bn) in the first six months of 2024.However, profi
UK shelves £1.3bn of funding for technology and AI projects
The new Labour government has shelved £1.3bn of funding pledged by the Conservatives for technology and artificial intelligence projects, putting the future of
Carbon capture could yet be the unsung hero of a…
German cement, fertiliser, and steel companies are already in talks to ship CO2 to Norway for storage in the Northern Lights pr
Real Living Wage: Northern Ireland lagging behind rest of UK
BBCMadison Kryt says getting a real living wage allows her more freedom in her personal lifeNorthern Ireland is lagging behind other parts of the UK when it com
‘Interest rate cut might help me move out from my…
Raphael Sheridan / BBCJames Willicombe says moving back in with his parents means he can save up to £1,000 a monthThe Bank of England has finally cut interest
Live: Bank of England cuts rates for first time in…
Good morning! It's Friday, August 2 and you're reading the ABC's markets blog — and I am thrilled to have your company.Let's kick things off with a quick look
Royal Mail takeover faces national security investigation
A Czech billionaire's planned £3.6bn takeover of Royal Mail's parent firm is to face scrutiny under government security rules, it has been report
Ryanair rival to scale back UK ambitions as shares plunge
Mr Váradi said: “Clearly from an overall market perspective, demand is suffering. All our competitors are struggling, as weâ
UK calls in Czech billionaire’s Royal Mail bid for national…
The Czech billionaire Daniel KÅ™etÃnský’s takeover bid for Royal Mail has been called in by the UK government for closer scrutiny of any national security r
Relief for borrowers as UK interest rates cut but little…
Borrowers will breathe a collective sigh of relief. The Bank of England has cut interest rates from 5.25% to 5% and in response the major lenders have already b
Bank of England cuts interest rates to 5% in first…
The Bank of England has cut interest rates for the first time since the start of the Covid pandemic, moving to ease the pressure on households after ratcheting
EU red tape is jeopardising UK food safety, retailers warn
Some deliveries are being held up at the border for as long as 24 hours, with drivers claiming their consignments containing pe
