Trending Business News
Dartford Larder social supermarket reports hundreds of sign-ups
A social supermarket in Kent has attracted 600 sign-ups in its first year, offering low-cost groceries and budgeting support through a weekly subscription model.
Iceland to become first UK high street retailer to open shop in Falkland Islands
Iceland supermarket chain plans to open its first UK high street store in the Falkland Islands capital of Stanley in early December through a partnership with local retailer Kelper Stores.
Primark to launch home delivery service despite ‘challenging’ market
Primark will launch home delivery service in Great Britain for the first time, acquiring an automated fulfillment facility in Sheffield as the fast-fashion retailer faces declining sales.
Woolworths increased prices of at least four ‘family staples’ during ‘Price Freeze’ promotion
Woolworths raised prices on at least four items during its three-month price freeze promotion, including a 33% increase on chicken fillets, though the company justified the hikes by claiming previous prices were promotional rather than standard.
Ford announces $1 billion investment at Kentucky plant following DOT criticism on China
Ford announced a $1 billion investment for a new paint shop at its Kentucky Truck Plant, days after federal transportation officials raised concerns about the automaker’s manufacturing practices.
Ministers face backlash from hospitality industry over ‘tourist tax’ plans
English mayors will gain powers to levy taxes on holiday accommodations, sparking industry backlash over economic concerns and job losses.
What tariffs will really cost Canadians and Americans
The US and Canada face escalating tariffs on vehicles, construction materials, and household goods, with threats of further increases and bans on specific imports set to take effect later this year.
4 things investigators learned about the dysfunction at Trump’s Labor Department
An investigation found that former Labor Secretary Lori Chavez-DeRemer violated her department’s harassment policy and failed to address a toxic workplace environment, according to a newly released report by the Labor Department’s Office of Inspector General.
Petrol prices rise by 5p over a week as Iran war sends oil higher
Unleaded petrol prices rose 5p per litre in a week to 167.17p, the largest weekly increase since April, as Middle East tensions drive crude oil prices higher.
US-Canada tariffs: Canada braces for prolonged trade war as counter-tariffs on US take effect
Canada’s retaliatory tariffs on approximately C$28 billion of US goods took effect Tuesday, with tariff rates reaching as high as 50% amid stalled negotiations between the two nations.
UK government invests £30m in Shetland spaceport
The UK government has announced £30m in funding for SaxaVord Spaceport in Shetland, which is expected to unlock additional private investment for the facility’s expansion and operations.
Somerset cider makers left with very few apples after heatwaves
Somerset’s cider orchards have suffered severely from prolonged drought conditions, with many producers reporting crops reduced to a fraction of normal yields, forcing difficult decisions about future production.
Trump strikes new drug pricing deals with nine midsized drugmakers
President Trump announced new drug pricing deals with nine pharmaceutical companies, bringing the total to 26 firms representing approximately 90% of the domestic pharmaceutical market.
Households warned gas price spike could pile fresh pressure on energy bills
UK households face warnings of higher winter energy bills as European countries rush to replenish natural gas stores amid geopolitical tensions affecting global supply routes.
Is India’s internet boom running into an undersea problem?
India’s digital economy depends heavily on undersea cables concentrated in one coastal area, creating vulnerability risks and exposing gaps in the country’s submarine infrastructure.
‘Astronomical’ fuel price surge hits farmers in UK and US
Farmers in the UK and US face sharp fuel price increases driven by Middle East tensions, Russian export bans, and crude oil surges, with diesel costs rising 10-14p per litre in days.
Why the ‘Temu Range Rover’ is such a threat to Jaguar Land Rover
Jaguar Land Rover is cutting 4,000 jobs as it contends with declining sales, a major cyber-attack, rising energy costs, and intense competition from Chinese manufacturers expanding globally.
Next wins key appeal to overturn £30m equal pay ruling
Next won an appeal overturning a ruling that required the retailer to pay warehouse and shop floor staff equally, saving it from potentially distributing over £30m in back pay to thousands of workers.
Gap shares jump 12% after company names new Old Navy CEO to revive struggling brand
Gap’s stock surged 12% after naming Michael Francis as the new Old Navy CEO, effective November 2, as the retailer attempts to reverse recent sales declines at its largest revenue contributor.
Nvidia strikes $12.9bn deal to buy AI platform Hugging Face
Nvidia has agreed to acquire AI platform Hugging Face for approximately $12.9 billion, marking one of the chipmaker’s largest deals as it expands into software and open-source AI tools.
Automakers urge Congress to permanently ban Chinese connected vehicles in U.S.
Major U.S. automakers are urging Congress to permanently ban Chinese connected vehicles, hardware, and software before the end of the current legislative session on Jan. 3.
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