Trending Business News
Primark finally set to launch online deliveries
Primark plans to launch home delivery in Britain after purchasing a Sheffield warehouse, marking a major shift from its resistance to online sales over several years.
Ministers face backlash from hospitality industry over ‘tourist tax’ plans
England’s mayors will gain power to levy taxes on holiday accommodations like hotels and Airbnbs, welcomed by regional leaders but opposed by hospitality businesses concerned about job losses and economic damage.
Alstom to build new battery-electric train fleet
The UK’s first battery-electric trains for long-distance services will be built by Alstom at its Derby facility, with construction beginning in 2028 and service expected in 2034.
Amid war and sanctions, many Iranians are losing their jobs and struggling to get by
Since a military conflict erupted over six months ago, Iran’s economy has collapsed, driving inflation and widespread job losses as ordinary citizens struggle to afford basic necessities and secure stable employment.
Mohamed Al Fayed abuse compensation claims could reach £150m, says law firm
Compensation claims from 275 survivors of alleged sexual abuse by former Harrods owner Mohamed Al Fayed could reach £100m-£150m, potentially exceeding the store’s £51.8m compensation reserve.
‘Culture shift’ needed in how UK does business, Andy Burnham urges
UK Prime Minister urges business leaders to embrace a cultural shift toward greater partnership between government and industry ahead of meeting with major corporate executives.
Automakers urge Congress to permanently ban Chinese connected vehicles in U.S.
Major U.S. automakers are urging Congress to enact a permanent ban on Chinese connected vehicles, hardware, and software before the end of the current legislative session.
Flyers might have to face more disruption with hotter skies
A June heatwave and thunderstorms disrupted hundreds of flights at London’s major airports, prompting concerns that climate change could trigger increasingly severe disruptions to air travel in coming years.
Woolworths increased prices of at least four ‘family staples’ during ‘Price Freeze’ promotion
Woolworths raised prices on multiple products shortly after launching a three-month Price Freeze promotion on 300 family staples, including a 33% increase on chicken fillets.
Supermarket Iceland to open first store in the Falklands
Supermarket Iceland plans to open its first Falkland Islands store in December, becoming the first UK high street brand to establish operations there, according to company leadership.
Hospitality industry urges Andy Burnham to lay out VAT cut plans
Over 800 UK hospitality businesses, including major chains and independent venues, have urged Prime Minister Andy Burnham to implement a VAT cut for the sector, warning of accelerating closures without tax relief.
How Carney plans to sell Canada to the world’s biggest investors
Canadian Prime Minister Mark Carney is hosting an investment summit in Toronto to attract global capital to Canada following a deteriorating trade relationship with the United States.
Rent rises set to speed up in gloomy forecast for tenants
UK rental costs are accelerating after a three-year slowdown, with property website Zoopla predicting annual rent rises of 4-5% by year-end as fewer homes become available for rent.
Rail passengers get automatic right to switch operators for free when trains are cancelled
Rail passengers in Britain will gain automatic rights to travel on competing operators’ trains at no extra cost when their service is cancelled, effective later this week.
Thames Water redraws mega-reservoir plan amid local opposition
Thames Water has revised plans for a massive Oxfordshire reservoir amid local opposition and cost concerns, with estimates climbing to £5.5bn-£7.5bn from an initial £2.2bn projection.
GM vs. Ford: U.S. defense, energy sectors add to automakers’ century-old rivalry
General Motors and Ford are expanding beyond automotive manufacturing into U.S. military contracts and energy storage systems, potentially creating new revenue streams as traditional vehicle sales decline.
US to ban imports of some Canadian alcohol, dairy goods and motorbikes
The US will ban imports of Canadian alcoholic spirits, dairy goods, and motorbikes starting September 29, escalating a months-long trade war after Canada implemented retaliatory tariffs on American products.
Tax banks to cut energy bills, unions tell Andy Burnham
Trade unions urge the government to introduce income-based energy bill discounts funded by restoring a bank surcharge to help struggling households with heating costs this winter.
John Lewis losses widen to £124m as shopper confidence dips
John Lewis Partnership’s first-half losses widened to £124m as consumer confidence declined and costs rose. The owner of John Lewis and Waitrose reported struggling with higher expenses and cautious shoppers.
Surging inflation puts interest rates back in focus as policymakers meet in Japan, US and UK
Central bankers in the US, Japan, and UK face decisions this week as surging inflation and rising oil prices reignite debate over interest rate increases amid geopolitical tensions.
Trump administration expresses ‘profound concern’ over Ford’s ties to China
The Trump administration expressed concern about Ford Motor’s business relationships with Chinese companies, citing potential risks to U.S. automotive manufacturing and national security interests.
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