Business news

Entain reveals £45m hit after run of football favourite wins

The Ladbrokes and Coral owner said it had seen an ‘unprecedented’ run of favourites winning last month, particularly in UK and European football.

BT profits soar thanks to inflation-linked contracts

The telecoms giant said pre-tax profit was £1.1 billion in the six months to the end of September, up 29% on the year before.

Sainsbury’s increases profit outlook as it puts food ‘at the heart’

The group said full-year profits are now expected to be in the ‘upper half’ of its guidance, at between £670 million and £700 million.

Shell meets expectations as profit slumps by a third

The oil giant said it would return a further 3.5 billion dollars (£2.9 billion) to shareholders over the next three months.

Textured Soy Protein Market Share Growing At a 8.7% CAGR to Hit $2.1...

Textured Soy Protein Market Soybean meal is one of the major source of protein sources of feed and is being traded on commercial level on the basis of...

‘Growing divide’ between climate adaptation fund and developing coun...

The UN said some countries need 10-18 times the amount of money that is internationally available.

Global stocks rise ahead of US and UK interest rate decision

London’s FTSE 100 was lifted with solid gains for retail giants including Next, Marks & Spencer and AB Foods.

More than 2,000 high-emitting firms urged to set science-based emiss...

The Carbon Disclosure Project began its annual Science-Based Targets Campaign on Wednesday.

Campaigners opposed to creation of Sizewell C begin latest legal fig...

Protest group Together Against Sizewell C objects to the building of a new nuclear power station near Sizewell in Suffolk.

‘Silly things like pronouns’ distracting from modern challenges, say...

The Business Secretary also acts as equalities minister.

Consumer champion’s claim against Apple given go-ahead by UK court

Justin Gutmann has accused the tech giant of slowing down the performance of iPhone handsets by hiding a power management tool.

Bank expected to keep rates unchanged amid recession fears

The Bank of England’s Monetary Policy Committee announces its next interest rates decision on Thursday.

Announcement on future of Port Talbot steelworks jobs delayed

The Tata Steel board was expected to give an update on job losses under plans to produce steel in a greener way.

Production of new coins celebrating the natural world gets under way...

The Royal Mint has started production of the new coins, with the 50p expected to enter circulation before the end of November.

Thousands of job losses expected to be confirmed at Port Talbot stee...

An announcement is due after a board meeting of steel giant Tata in India.

Aston Martin downgrades production outlook after delays with new car

Shares in the carmaker had dropped around 12% on Wednesday morning.

UK factory production sees longest downturn since 2008 financial cri...

The speed at which the manufacturing industry is shrinking slowed slightly in October, according to a closely watched PMI survey.

Christmas stamp images revealed

A set of five festive stamps are on sale featuring lyrics from popular carols.

Little change in gender pay gap in past year, study suggests

The ONS said the gender pay gap has fallen by about a quarter over the last decade and remains smaller than it was before the pandemic.

WeWork shares plunge on reported plans to file for bankruptcy

The New York-based group has been struggling with a huge debt pile and mammoth losses and has already seen its share price decimated this year.