Bussiness

UK Export Finance helps 650 UK businesses to sell overseas

Posted by July 30, 2024

UK Export Finance provided £8.8 billion in new financing last year, helping 650 UK companies to export. Up to 41,000 jobs and £3.3 billion

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Hundreds of Post Office victims to get access to new…

Posted by July 30, 2024

Hundreds of wrongly convicted Post Office operators will be able to access a new compensation scheme, the UK government has announced.About 900 individuals had

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Chinese firms win record 11% EV share in Europe as…

Posted by July 30, 2024

Chinese carmakers secured a record 11% of the European electric vehicle market in June, as buyers raced to beat EU tariffs on imported EVs that came into force

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Business aviation flights from Farnborough Airport generate £1.9 billion for…

Posted by July 30, 2024

A new study by CBI Economics has found that business aviation flights from Farnborough Airport contribute £1.9 billion of Gross Value Added (GVA) t

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Greggs to open dozens of new stores as profits soar

Posted by July 30, 2024

Greggs has said it plans to open dozens of new stores in the UK this year after reporting a jump in profits.The bakery chain said it achieved unde

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McDonald’s sales fall worldwide for first time in four years

Posted by July 30, 2024

McDonald's sales have fallen worldwide for the first time in nearly four years amid rising prices and ongoing boycotts over the war in Gaza.The fa

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The UK must continue to innovate in digital payments

Posted by July 30, 2024

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The writer is deputy governor of th

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Poor weather and cost of living crisis drive UK summer…

Posted by July 30, 2024

UK consumers have cut back on summer spending amid the impact of poor weather and the cost of living crisis, figures show, underscoring the challenge for the Ba

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Crackdown on scam calls pretending to be from UK numbers

Posted by July 29, 2024

Millions of suspicious calls from scammers abroad will be blocked as UK telecoms rules become stricter, the communications regulator has said.Ofcom said in futu

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McDonald’s to ‘rethink’ prices after first sales fall since 2020

Posted by July 29, 2024

McDonald's is reconsidering its pricing strategy, after customers cutting back their spending took a bite out of the fast food giant's sales.Outlets open for at

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The chancellor’s key funding gap accusations and what she plans…

Posted by July 29, 2024

Rachel Reeves has accused her predecessor of hiding a "£22bn funding gap" for the current financial year, as she announced a series of "tough dec

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Federated Hermes hires UK business development director from Aviva

Posted by July 29, 2024

As part of his new role, Ford will be responsible for growing the firm's assets under management. He will report to Dan Churchouse, head of business developme

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