Trending Business News
Electric vehicle sales targets could be cut after pressure from car makers
The UK government is reviewing its electric vehicle sales targets following pressure from car manufacturers, potentially lowering the 2030 goal from 80% to 50%.
Group including Jeff Bezos buys minority stake in Liverpool FC, with option to become controlling owner
A consortium led by Jeff Bezos has agreed to purchase roughly one-third of Liverpool FC for approximately $7.1 billion, with an option to become majority owner within 12 months.
Does Reform’s plan to cut £50bn in welfare spending add up?
Reform UK proposes saving over £50bn annually from welfare spending by 2030 through restricting foreign nationals’ benefits and reforming disability payments, though analysts question the plan’s feasibility and detail.
Sainsbury’s store pauses AI scanning after false shoplifting accusation
Sainsbury’s paused AI face-scanning technology at one store after a customer was wrongly identified as a shoplifter and ejected, sparking debate over the accuracy and ethics of automated identification systems.
Credit card issuer Synchrony announces partnership with OpenAI
Synchrony Financial announced a partnership with OpenAI to integrate the AI company’s models into its consumer portals and services for credit card customers of brands like Amazon, Walmart, and Lowe’s.
Backing for Amazon MGM Studios’ plan for Bray Film Studios
Amazon MGM Studios plans to expand Bray Film Studios in Berkshire with six new sound stages and a multi-storey car park, expected to create over 1,300 jobs.
Paramount seeks $1.88 billion bond from state AGs to cover costs of WBD merger delay
Paramount seeks $1.88 billion bond from state attorneys general challenging its Warner Bros. Discovery merger, citing substantial costs from litigation delays and mandatory shareholder payments.
Disney’s new parks boss outlines investment strategy, with superfans at the fore
Disney’s new parks chief announced a $60 billion investment strategy focused on superfans, including repairs to Expedition Everest’s iconic animatronic yeti and returns of beloved attractions.
Carney’s final chance to convince Trump as US-Canada trade deadline looms
Canada faces a Wednesday deadline as negotiators work intensely to avoid new 50% tariffs on roughly $20 billion in imports from the Trump administration.
Stoke-on-Trent based Goodwin considers selling part of defence business
Stoke-on-Trent-based engineering firm Goodwin is considering selling a substantial portion of its mechanical engineering division, which supplies components to UK and US defence and nuclear programmes.
Burger King overtakes Wendy’s as the nation’s second-largest burger chain
Burger King has reclaimed the position of second-largest burger chain in the U.S. by systemwide sales, surpassing Wendy’s after six years of competition between the two chains.
Capital One says it closed Trump Organization accounts over money-laundering concerns
Capital One asked a federal judge to dismiss a lawsuit from the Trump Organization, arguing that hundreds of bank account closures in 2021 resulted from anti-money-laundering review rather than political retaliation.
Trump administration pays back $100bn in ‘Liberation Day’ tariffs to businesses
The Trump administration has refunded $100 billion in tariffs to businesses following a February Supreme Court ruling that found the original tariff policy unlawful, representing about 60% of collected revenue.
US strikes $1.2bn deal to pay German firm to halt offshore wind projects
German energy company RWE will abandon US offshore wind projects after receiving a $1.2bn payout from the Trump administration, redirecting investment toward liquefied natural gas infrastructure.
Car washes and vape shops can still sponsor skilled foreign workers despite visa changes
More than 1,900 small businesses including car washes and vape shops remain licensed to sponsor foreign workers despite visa rules being tightened in July 2025.
Raleigh bike brand faces chop after owner begins insolvency proceedings
Accell Group, which owns the historic Raleigh bicycle brand founded in 1887, has initiated insolvency proceedings after failing to secure a buyer for the struggling company.
Octopus Energy denies it is anti-union as GMB pushes for recognition for workers
GMB union is pursuing formal recognition at Octopus Energy, the UK’s largest energy company, while the firm maintains there is no staff demand for unionization.
Diageo to nearly double Guinness production and cut jobs in turnaround plan
Diageo’s new CEO announces plans to nearly double Guinness production while cutting a significant portion of its 30,000-person workforce as part of a major turnaround strategy.
The £5 coffee that tells a story of global economic turmoil
Coffee prices have surged globally due to climate disruptions in Vietnam and Brazil, tariffs, and shipping chaos, pushing UK café prices toward £5 while demand remains resilient despite higher costs.
How the High Street became a window on our political instability
A BBC investigation reveals brazen organised crime operating openly on British High Streets, with over 3,600 shops seized with illegal goods in 2024-25, reflecting broader economic decline and political instability.
The Chinese robot army transforming the UK’s retail industry
Chinese robotics company Geek+ has become a major supplier of autonomous mobile robots to major UK retailers like Tesco and Asda, helping address productivity and labour challenges in British warehouses.
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My Direct Blinds opts for a green approach with one of the largest solar panel installations
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