Trending Business News
Community supermarket opens in Chatham shopping centre
A community supermarket has opened in Chatham’s Pentagon Centre shopping area, offering affordable groceries and support services to residents facing food insecurity.
Wood Group offshore workers launch 48-hour strike in row over pay
Offshore workers affiliated with Unite and RMT unions launched a 48-hour strike against Wood Group over proposed pay and conditions changes on North Sea platforms operated by Harbour Energy.
‘It really hammers people’: Scottish islanders hit by highest diesel prices in UK
Scottish island residents face record-high diesel prices exceeding 220p per litre, significantly above UK mainland levels, straining budgets for essential services and transportation in remote communities.
Banks still refusing credit cards in Jersey, watchdog says
Jersey residents continue facing difficulties obtaining credit cards despite government data-sharing reforms implemented in July, according to a consumer watchdog group.
Irish budget: Help with energy and childcare costs, while income tax threshold goes up
Ireland’s government plans to announce budget measures addressing energy and childcare costs while raising the income tax threshold from €44,000.
UK events firm that hosts arms fairs and comic shows sold to rival for £2bn
British events firm Informa is acquiring rival Clarion for £2.24bn, expanding its portfolio to over 100 events including arms fairs and pop culture conventions.
Walmart is using light-up digital shelf labels to help shoppers and employees find items
Walmart is rolling out new digital shelf label features called Shop to Light, Pick to Light, and Stock to Light to help customers and employees locate products more efficiently in stores.
What’s gone wrong at Nike? How the world’s sportswear giant lost its mojo
Nike, the world’s largest sportswear brand, faces significant challenges including lost sales and departing star athletes, though its turnaround strategy shows early signs of progress.
UK diesel prices top £2 a litre for first time, RAC says
UK diesel prices have exceeded £2 per litre for the first time, according to the RAC motoring group, while petrol prices also continue climbing amid global supply disruptions.
Chick-fil-A wants to stay a family business even as it expands in the U.S. and abroad
Chick-fil-A’s CEO Andrew Cathy says the chain remains committed to staying family-owned while expanding internationally and maintaining its emphasis on human hospitality over technology-driven solutions.
From hotel suites to virtual reality, museums turn to licensing deals as costs rise
Museums are increasingly licensing their collections and brands for products ranging from hotel suites to virtual reality experiences, helping offset funding cuts and rising operational costs.
Average five-year mortgage rate hits 6% for first time in three years
The average five-year fixed mortgage rate has reached 6% for the first time in three years, driven by rising global economic uncertainty and higher government borrowing costs.
Why are data centres such a big deal in Scotland?
Scotland faces a surge in proposals for massive AI-powered data centres, with plans for at least 23 hyperscale facilities that could bring significant investment and jobs but raise concerns about energy consumption, environmental impact, and community disruption.
Lidl GB’s sales soar by over 10%, helped by price cuts and Deluxe range
Lidl GB’s sales surged 10% to £13bn, driven by price cuts and growing demand for its Deluxe premium range as shoppers seek value amid food inflation.
UK reviewing whether to impose tariffs on Chinese car imports to align with EU
The UK is reviewing whether to impose tariffs on Chinese vehicle imports to align with EU policy and qualify for inclusion in new European manufacturing protection legislation.
GM says hybrid vehicles are coming: ‘We’re not tone deaf to our customers’
General Motors plans to introduce hybrid vehicles into its U.S. lineup as sales of the vehicles continue to grow amid rising gas prices and declining electric vehicle demand.
Sainsbury’s and Morrisons ‘held talks this year’ on multibillion-pound merger
Sainsbury’s and Morrisons held exploratory merger discussions this year to explore a multibillion-pound combination, though the companies are no longer in active negotiations, according to reports.
Should promotion depend on how workers use AI?
Major companies are increasingly tying AI proficiency to employee bonuses, promotions, and job security, creating concerns about whether workers are effectively demonstrating their own redundancy.
Household energy bills forecast to see biggest rise in four years
UK household energy bills are forecast to jump by £276 in January, marking a 16% increase and the biggest rise in four years, according to Cornwall Insight projections.
Vape tax comes into force with prices set to rise
A new vaping tax of £2.20 per 10ml of e-liquid takes effect, with prices rising over the coming months as sellers exhaust existing stock at pre-duty rates.
US pressures Europe to release diesel reserves as Trump threatens export ban
President Trump considers banning US diesel exports to lower domestic fuel prices ahead of midterm elections, pressuring European countries to release their strategic reserves instead.
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