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Business News

business

UK to double steel tariffs to 50% to save plants from collapse

www.silverguide.site – Business secretary announces new ‘steel safeguards’ during visit to Tata’s Port Talbot plant…
UK to double steel tariffs to 50% to save plants from collapse
business

What is the £1.3bn MFS mortgage scandal and what is private credit?

www.silverguide.site – A worldwide freezing order has been imposed on Paresh Raja, the owner of a UK mortgage provider…
What is the £1.3bn MFS mortgage scandal and what is private credit?
business

Rolls-Royce scraps goal to go all-electric by 2030

www.silverguide.site – Company says it will continue to sell cars with V12 internal combustion engines as there is demand from clients…
Rolls-Royce scraps goal to go all-electric by 2030
business

Sky considers ending controversial UAE news joint venture

www.silverguide.site – Sky News Arabia has been accused of broadcasting propaganda and whitewashing genocide in Sudan…
Sky considers ending controversial UAE news joint venture
business

HelloFresh hit by sales slump as people lose appetite for meal kits

www.silverguide.site – German food delivery firm’s share price has plummeted by 93% since 2021 boom during Covid lockdowns…
HelloFresh hit by sales slump as people lose appetite for meal kits
business

War in Middle East has ‘heightened the risks to the global economy’; markets in ‘panic mode’ as oil jumps and shares fall – as it happened

www.silverguide.site – Rolling coverage of the latest economic and financial news…
War in Middle East has ‘heightened the risks to the global economy’; markets in ‘panic mode’ as oil jumps and shares fall – as it happened
business

US postal service will run out of money by February 2027, says agency chief

www.silverguide.site – Postmaster general David Steiner has called for change to federal law that caps USPS’s borrowing at $15bn…
US postal service will run out of money by February 2027, says agency chief
business

Reeves plans to give England’s regional leaders a share of national tax revenues

www.silverguide.site – Chancellor seeks ‘genuine break with the past’ in tackling centralised and ‘geographically unequal’ country…
Reeves plans to give England’s regional leaders a share of national tax revenues
business

Bentley to cut hundreds of UK jobs amid ‘challenging global market environment’

www.silverguide.site – Carmaker reduces office-based roles and will not fill vacancies ‘to ensure long-term competitiveness of business’…
Bentley to cut hundreds of UK jobs amid ‘challenging global market environment’
business

Australian households fear double whammy of rate hikes and higher petrol prices will lead to recession

www.silverguide.site – Borrowers face losing hundreds of dollars a month in higher repayments and rising pump rices will add to the pain, economists warn…
Australian households fear double whammy of rate hikes and higher petrol prices will lead to recession
business

London bars shun Margot Robbie’s gin over shellfish allergen concerns

www.silverguide.site – Exclusive: actor’s Papa Salt gin to get oyster-free version after venues says it is ‘not worth the risk’…
London bars shun Margot Robbie’s gin over shellfish allergen concerns
business

Starbucks shareholders push to oust board members over stalled union talks

www.silverguide.site – Board members Jørgen Vig Knudstorp and Beth Ford face scrutiny for the coffee chain’s ongoing labor dispute…
Starbucks shareholders push to oust board members over stalled union talks
business

Oil and gas prices rise again after Iran attacks production facilities

www.silverguide.site – Brent crude price climbs as operations suspended at Shah gasfield in UAE after Iranian strike…
Oil and gas prices rise again after Iran attacks production facilities
business

Rachel Reeves reveals push for fiscal devolution to English regions, says Brexit caused damage, and admits student loan system is ‘broken’ – as it happened

www.silverguide.site – Chancellor says Brexit may have cost 8% of UK GDP in wide-ranging Mais lecture at Bayes Business School in London which also called for AI push…
Rachel Reeves reveals push for fiscal devolution to English regions, says Brexit caused damage, and admits student loan system is ‘broken’ – as it happened
business

‘Very damaging’: how the Iran war is hitting energy-intensive industries

www.silverguide.site – Conflict pushes companies struggling with rising costs in sectors such as steel and chemicals to the edge…
‘Very damaging’: how the Iran war is hitting energy-intensive industries
business

Train delays: compensation claims to be easier under Great British Railways

www.silverguide.site – Refund systems for individual train operators to be merged into single service under nationalised rail body…
Train delays: compensation claims to be easier under Great British Railways
business

Thames Water rescue deal talks rumbles on interminably but its future remains unclear

www.silverguide.site – As protracted negotiations enters ninth month a framework of proposals to save utilities firm still remains sketchy…
Thames Water rescue deal talks rumbles on interminably but its future remains unclear
business

Car park firm NCP falls into administration, putting nearly 700 jobs at risk

www.silverguide.site – PwC called in as administrators after company runs out of cash, leaving it unable to pay landlords and creditors…
Car park firm NCP falls into administration, putting nearly 700 jobs at risk
business

IEA to consider release of more oil reserves as Iran war keeps prices high

www.silverguide.site – Head of world’s energy watchdog says it will take time for markets to recover from ongoing crisis in strait of Hormuz…
IEA to consider release of more oil reserves as Iran war keeps prices high
business

US oil prices could see another day of wild fluctuation as Iran war drags on

www.silverguide.site – One analyst predicting that prices at the pump might hit $3.85 per gallon on Monday as war enters third week…
US oil prices could see another day of wild fluctuation as Iran war drags on
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