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Category : Business
Small House Builders in Crisis as Sales Drop 41%
SME house builders face an existential crisis with sales plummeting 41% since 2021, threatening Labour's 1.5 million homes target. A new equity loan scheme could save the sector.
UK Job Market Flounders as Unemployment Reaches Five-Year Peak
Unemployment in the UK surged to a five-year high of 5.2% in late 2025, with hiring demand weak and economic uncertainty persisting. Reports from BDO and KPMG highlight a fragile labour market, limited recovery signs, and challenges for young workers.
Victoria to Charge Entry Fee for Twelve Apostles Visitors
The Victorian government will implement a user-pays model for the Twelve Apostles, coinciding with a new $126 million visitor center opening in 2026. Fees will fund upgrades and preservation.
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Tariff Exemption Removal Threatens Small Businesses and Prices
The British Chambers of Commerce warns that eliminating the UK's tariff exemption for low-value imports could raise prices, reduce trade, and harm small businesses, urging careful government action.
Ex-Citigroup Dealmaker Lamb Rejoins Barclays as FIG Chair
Former Citigroup dealmaker Simon Lamb has rejoined Barclays as the new chair of its Financial Institutions Group, marking a strategic move for the bank's investment division.
Oil Prices Surge Past $100 Amid Middle East Conflict
Global oil prices have exceeded $100 a barrel for the first time since 2022, driven by escalating Middle East tensions that are removing 20 million barrels daily from the market, with Kuwait cutting production.
UK Hiring Intentions at 15-Year Low Amid Rising Costs
British businesses report the weakest hiring intentions since 2011, with employment costs and workers' rights reforms weighing heavily. Meanwhile, service sector output rises despite job cuts.
Eamonn Hughes: Irish Builder's Legacy in Britain
Eamonn Hughes, an Irish immigrant who contributed to modern Britain's infrastructure, passed away at 87. From laborer to supervisor, he worked on projects like Leeds United's Elland Road and the inner ring road.
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MH370 Search: No Wreckage Found in Latest Underwater Operation
The mystery of missing flight MH370 deepens as Malaysia confirms a recent 28-day underwater search found no trace of the aircraft. Severe weather hampered efforts in the Indian Ocean.
FCDO Travel Advice Updated for Cyprus, Turkey, Maldives Amid War
The Foreign Office has revised travel guidance for British holidaymakers due to the ongoing Middle East conflict, affecting popular destinations like Cyprus, Turkey, and the Maldives with disruptions and warnings.
UK Gas Reserves at Two Days Amid Iran War Shipping Disruption
Great Britain's natural gas storage has fallen to under two days' worth as the Iran war diverts LNG tankers from Europe to Asia, though National Gas insists supplies remain diverse and stable.
BYD's 600-Mile Battery vs UK's Fragmented Grid
Chinese automaker BYD unveils revolutionary battery technology offering over 600 miles of range with ultra-fast charging, exposing Britain's fragmented electricity system as a major obstacle to EV adoption.
Burnham Beeches Hotel: Elizabeth Line Countryside Escape
Discover Burnham Beeches Hotel, a Georgian manor transformed into a luxurious countryside retreat just minutes from London via the Elizabeth line. Perfect for romantic getaways, weddings, and afternoon tea enthusiasts.
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US Energy Chief: Gas Price Spike Will Be Short-Lived
US Energy Secretary Chris Wright says energy price increases from Iran conflict will last weeks, not months, and US won't target Iran's energy industry despite rising tensions.
John Lewis Bonus Update: Staff Await First Payment Since 2022
The John Lewis Partnership will reveal its annual results and potential staff bonus on Thursday, as workers hope for their first payment in four years despite tripled profits.
UK Gas Reserves Hit Just Two Days, Raising Energy Crisis Concerns
Britain's gas reserves have plummeted to less than two days' worth, with 6,700 GWh stored, as Middle East supply disruptions drive up wholesale prices and threaten household bills.
London's £1,800 McLaren Suite Review: F1 Luxury Experience
An exclusive review of the McLaren Suite at London's Trafalgar St. James hotel, a £1,800-per-night F1-themed luxury experience with simulators, private bars, and McLaren memorabilia.
Rolls-Royce Upgrades B-52 Bombers for 2050s Service
The US Air Force continues to rely on Cold War-era B-52 bombers, now receiving new Rolls-Royce engines to extend their service life through the 2050s.
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Woolworths' Price Claims Under Fire: Analysis Reveals Gaps
Woolworths boasts eight consecutive quarters of price declines, but experts question the validity of these claims, citing methodological issues and real-world consumer experiences.
Kindness on Plane Comforts Grieving Passenger
A heartwarming story of a stranger's kindness on a flight provides solace to a grieving passenger, highlighting the power of human connection in unexpected moments.
AI Hackers Target Social Media in Cybersecurity Study
A recent study reveals AI-powered hackers are increasingly targeting social media accounts, raising alarms about automated cyber threats and the need for enhanced digital security measures.
Sheep Statue Roundabout Scrapped Over Highway Safety Fears
Plans for a distinctive roundabout featuring a sheep sculpture in Beverley have been rejected by council officials who cited highway safety risks including potential driver distraction and physical hazards.
Dubai Expats Euthanize Pets to Flee Iranian Strikes
As Iranian missiles target Gulf countries, Dubai veterinarians report a surge in pet euthanasia requests and street abandonments, overwhelming shelters and rescue organizations.
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John Lewis Bonus Decision Looms Amid Retail Challenges
John Lewis will announce next week whether it will reinstate its staff bonus, a key tradition suspended for four of the last five years, as the retailer faces a subdued market and internal leadership signals.
Cyprus Tourism Hit by Iran Conflict, Bookings Drop
Cyprus, the EU's closest member to the Middle East, sees tourism bookings decline as Iran war tensions escalate, with drone strikes and travel advisories affecting the island's vital industry.
Middle East Conflict Adds 3p to Petrol, UK Faces Oil Shock
The RAC reports the Middle East conflict has increased unleaded petrol by 3p per litre, with oil prices potentially exceeding $100 a barrel, threatening UK inflation and household bills.
Goldman Sachs: Oil Could Hit $150 Amid Hormuz Strait Crisis
Goldman Sachs warns oil prices could surge past $100 per barrel within days and reach $150 by month's end as disruption to the Strait of Hormuz worsens, with impacts potentially 17 times larger than the Ukraine war peak.
US Drivers Hit by Rising Oil Prices Due to Iran Tensions
American motorists are experiencing significant increases in fuel costs as geopolitical tensions with Iran disrupt global oil supplies, impacting household budgets nationwide.
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Block Workers Dispute AI Layoffs by Jack Dorsey
Current and former Block employees push back against CEO Jack Dorsey's mass layoffs, citing AI limitations and market posturing in the fintech sector.
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