Trending Business News
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.
Healey’s profiteering warning on food and fuel risks row with retailers
Chancellor John Healey warns retailers that the government is monitoring for profiteering on food and fuel prices as the Iran conflict drives up costs, though he says no significant price gouging has been detected so far.
AliExpress fined record €550m by EU for failing to stop sale of illegal and fake goods
The EU fined AliExpress a record €550m for failing to prevent the sale of illegal and counterfeit goods including unsafe cosmetics, toys, and clothing through its platform.
JP Morgan boss warns of ‘consequences’ if Burnham taxes banks
JP Morgan chief Jamie Dimon warns that increased bank taxes could jeopardize the firm’s planned £3bn London headquarters and threaten UK investment competitiveness.
UK employers cut job vacancies as Burnham aims to lift living standards
UK job vacancies fell to 712,000 in June, roughly half 2022 levels, as employers reduced hiring amid economic uncertainty and Middle East tensions affecting the labor market outlook.
Mitie agrees £3.1bn takeover by OCS in blow to London stock market
Facilities management outsourcer Mitie has agreed to a £3.1bn takeover by private equity-backed rival OCS Group, ending nearly four decades as a publicly listed company.
UK borrows less than expected as Healey vows to ‘buffer against uncertainty’
UK government borrowing in June fell below expectations at £16bn, providing relief for new Prime Minister Burnham and Chancellor Healey as they announce VAT cuts on electricity bills.
Is Germany looking again at coal-powered electricity?
Germany is reconsidering its coal phase-out plans amid rising global gas prices and supply concerns, with rising pressure from industry groups and political divisions within the government coalition.
The legal fight to get equal pay for Germany’s disabled workers
A German court case seeks equal pay protections for approximately 300,000 disabled workers in sheltered workshops who currently earn less than the legal minimum wage.
A tiny GLP-1 implant is the latest bet to help patients maintain their weight loss
Biotech company Vivani Medical is developing a tiny GLP-1 implant administered twice yearly to help patients maintain weight loss and reduce discontinuation rates associated with injectable obesity treatments.
Democrats allege Trump administration stalled US-Canada bridge opening as a favor to billionaire donor
The Trump administration delayed opening a $4.7 billion bridge between Detroit and Windsor for months, drawing Democratic allegations of a quid pro quo favor to a billionaire donor who owns a competing bridge.
Neglected software update caused widespread Telstra network outage, CEO tells Senate inquiry
Telstra’s CEO told a Senate inquiry that a neglected software update on a time-keeping server caused last week’s nationwide network outage affecting 45% of calls and data sessions.
Kalshi says it’s not a sportsbook even as World Cup bets surge
Kalshi, a prediction market platform, has surged during the World Cup with $40 billion in sports wagers, though sportsbooks and regulators question its claim to be a financial product rather than an unlicensed betting site.
The new $1 Trump coin doesn’t just buck norms. Experts say it also breaks laws
The U.S. Mint is producing a commemorative $1 coin featuring President Trump’s image for the nation’s 250th birthday, but legal experts argue the design likely violates federal law prohibiting living individuals’ likenesses on currency.
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Ways to Stay Positive for Your Business in a Time of Crisis
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3 Creative Packaging Strategies to Boost Your Marketing Potential
For over 150 years, companies in virtually every industry have designed creative packaging concepts to ensure that their products resonate in the minds of consumers and distinguish themselves against competitors. From the iconic shape of a Coca-Cola bottle to popular...