900 jobs at risk at 2 Sisters poultry factoriesFinancing

900 jobs at risk at 2 Sisters poultry factories

The UK’s largest supplier of supermarket chicken, which was at the heart of the poultry safety scandal last year, is…

Market volatility not a return to 2007, Bank of England deputy governor saysFinancing

Market volatility not a return to 2007, Bank of England deputy governor says

This week’s stock market volatility is not a foreshadowing of a crash like that seen in 2007, a deputy governor…

Nationwide warns housing market is slowing downFinancing

Nationwide warns housing market is slowing down

Britain’s biggest building society Nationwide has warned the housing market is showing signs of slowing down after posting a major drop…

New energy investment favours mini power plants after cheapest ever auctionFinancing

New energy investment favours mini power plants after cheapest ever auction

The minority share of new investment is split between small-scale gas plants, battery units and investments that help companies to…

Fears over newsroom cuts as Mirror owner strikes £200m deal to buy Daily Express and Daily StarFinancing

Fears over newsroom cuts as Mirror owner strikes £200m deal to buy Daily Express and Daily Star

The company, which itself has a stock market value of only £200m, will also increase top-up payments to its own…

GKN grants Melrose more time on bid as US defence review loomsFinancing

GKN grants Melrose more time on bid as US defence review looms

GKN has said it is willing to allow Melrose more time to complete its hostile takeover bid in order to avoid…

Good Energy teams up with Honda to power homes with electric carsFinancing

Good Energy teams up with Honda to power homes with electric cars

One of Britain’s largest clean energy suppliers has teamed up with Honda to trial how electric vehicles could be used…

Forties pipeline shutdown and jump in oil prices hit UK trade Financing

Forties pipeline shutdown and jump in oil prices hit UK trade 

“Excluding oil and erratic items, growth in export volumes exceeded growth in imports in the fourth quarter, suggesting that the…

Jamie’s Italian confirms closures and rent cuts as part of rescue dealFinancing

Jamie’s Italian confirms closures and rent cuts as part of rescue deal

The backers of Jamie’s Italian restaurant chain have agreed to rent cuts and site closures in a move aimed at…

China to launch rival oil futures market in springFinancing

China to launch rival oil futures market in spring

China will soon be able to trade oil using its own currency by creating a futures market to rival the…