Trending Business News
Royal Parks gardeners vote to strike over 70p an hour pay rise
Gardeners employed at London’s Royal Parks have voted to strike over a proposed 70-pence-per-hour pay increase, with their union calling the offer insufficient.
Boeing sells eVTOL subsidiaries, takes stake in Archer
Boeing sells three eVTOL and aerospace subsidiaries to Archer Aviation in exchange for a 19.75% stake in the startup, streamlining its focus on core operations.
UK economy grows but experts warn of challenging months ahead
UK economy grew 0.4% between April and June, meeting expectations but prompting warnings that temporary factors like sports events and summer weather drove gains that may not sustain.
Sports Direct owner Mike Ashley buys Harvey Nichols
Mike Ashley’s Frasers Group has acquired luxury department store Harvey Nichols from administration for approximately £40m, taking control of its UK operations while franchise agreements for overseas stores continue.
Water customers are not a ‘blank cheque’, Burnham tells suppliers
The prime minister criticized water companies for raising bills excessively, as regulators approved an additional £3.4 billion in spending on infrastructure and repairs across multiple firms.
Fox won’t renegotiate NFL media rights before current deal expires, CEO Lachlan Murdoch says
Fox CEO Lachlan Murdoch announced the network will not renegotiate its NFL media rights deal until closer to 2030, when the current contract’s opt-out clause takes effect.
Why airlines are warning over lithium-ion batteries
Airlines are intensifying warnings about lithium-ion batteries on flights after a passenger’s power bank caught fire mid-flight, highlighting growing safety concerns in the aviation industry.
Shein faces existential threat as tariffs hit low-price model, putting new focus on services
Shein’s growth has stalled in the U.S. and Europe after tariff exemptions ended and the company raised prices to offset higher costs, threatening its IPO prospects.
UK economy shows surprising resilience – but that might not last | Richard Partington
The UK economy grew faster than expected in the first half of 2026 despite warnings of heavy damage from the Iran war, though analysts caution this resilience may prove temporary.
HSBC to close all branches and pull out of Australian retail banking market
HSBC is exiting Australia’s retail banking market by closing all 19 branches over 18 months and selling its mortgage portfolio to Blackstone, though private and institutional services will continue.
Nike was once China’s sneaker king. Here’s why its sales have fallen 30%
Nike’s China sales have fallen 30% since 2021, declining for eight consecutive quarters as domestic brands and shifting consumer preferences challenge the company’s dominance in its once-fastest-growing market.
Nuclear submarine investment will protect Britain and boost jobs, PM says
The UK government is allocating £8.4bn to nuclear submarine development at Barrow-in-Furness, projecting support for 47,000 jobs and apprenticeships while replacing aging Vanguard-class vessels with new Dreadnought-class submarines.
Shell’s profits more than double after jump in oil and gas prices
Shell’s quarterly profit more than doubled to $9.8 billion in the three months to June, driven by elevated oil and gas prices following Middle East market disruptions.
Lloyds Bank to cut £2bn in costs as part of AI-powered strategy
Lloyds Banking Group will cut £2bn in costs over four years while investing £13bn in AI and technology to drive growth, Chief Executive Charlie Nunn announced.
HMRC fines Airbus £6.4m for breaching rules on export of sensitive technology
Airbus has been fined £6.4m by UK authorities for failing to maintain proper records of controlled technology exports before November 2022, marking the highest export control settlement HMRC has reached.
US economic growth sees surprise slowdown in second quarter
US economic growth slowed to 1.5% annually in the second quarter, down from 2.1% in the first quarter, despite robust consumer spending growth of 3.2%.
Hundreds of jobs to go at Jaguar Land Rover
Jaguar Land Rover plans to eliminate fewer than 300 positions as part of cost-cutting measures following a significant cyberattack that disrupted production last year.
How NBCUniversal’s deal with YouTube could jump-start the next chapter of the streaming wars
NBCUniversal struck a content deal with YouTube Premium that bundles Peacock programming at no extra cost starting early next year, marking a shift toward aggregation in the streaming industry.
Profits boost for UK defence firms as governments increase spending
Rolls-Royce and BAE Systems raised profit forecasts as governments worldwide increase defence spending, citing NATO commitments and strategic weapons development opportunities.
Bank of England holds interest rates at 3.75% as inflation fears mount
The Bank of England maintained interest rates at 3.75% while cautioning that escalating Middle East conflict could push inflation above 4% next year, straining household finances.
The threat to summer holidays looming with jet fuel shortages
Jet fuel prices have surged over 120% since Middle Eastern conflict disrupted supplies, threatening flight cancellations and higher ticket prices heading into peak summer travel season across Europe.
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Is Nicotine Salt Vape Juice on the Decline in 2021?
When they hit the market a few years ago, nicotine salt e-liquids from brands like Naked 100 were all the rage. Every popular vape juice brand released nicotine salt versions of its most successful flavors. It seemed like every vape shop was devoting half of its shelf...
How to Start a Business in Pennsylvania
If you want to start a business, you need two main ingredients. The first one is coming up with a great product idea that’s going to take the market by surprise. The second one is learning all the steps it takes to make your business official. Each state has its own...
5 Improvements to Supply Chain Management Affecting Small Businesses
One of the great difficulties that any small business encounters is supply chain management. The system (known as the acronym SCM), implies a great responsibility for the success of the company. By managing it well, the flow of goods and services that lead to a...
Burger King Outlet Faces Alleged Negligence Charges
Following an incident that happened on the premises of a Burger King outlet, Jacqueiline Weber files a lawsuit against the Burger King franchisee and the manager of the outlet where she slipped and fell due to an unknown substance. Jacqueiline Weber, the victim in a...