UK food and drink trade deficit largest since 2000 at £21bn
The UK’s food and drink trade deficit has reached over £21 billion—its largest since 2000—as Brexit, Middle East conflict, and US tariffs reduced exports while imports surged.
NI economy: Economic output rises, but businesses warn of rising costs
Northern Ireland’s economy grew 1% in the second quarter, outpacing the UK and Republic of Ireland, though businesses warn rising energy and food costs threaten future growth.
Extreme heat has caused drop in UK milk supply, new data shows
Extreme heat during the summer caused UK dairy farmers to produce 240 million fewer litres of milk than expected, resulting in losses valued at over £83 million, according to research data.
US backs Elon Musk’s bid to overturn €120m EU fine against X
The US Department of Justice has filed to support Elon Musk’s legal challenge against a €120m EU fine imposed on X over its paid blue verification badges.
TalkTalk races to sell consumer and broadband arms as administration looms
TalkTalk is finalizing sales of its consumer and broadband operations to Opus Broadband and Octopus Investments as the struggling UK telecoms company faces potential administration.
Rolls-Royce signs ‘multi-million’ engine deal
Rolls-Royce has secured a deal to supply 18 engines for nine Airbus A350-1000 aircraft being purchased by Philippine Airlines, worth hundreds of millions of pounds.