Alex Daniel

Business News

Renewables rollout making UK electricity supply ‘more British’, analysis finds

Wind and solar have already reduced the reliance on foreign gas imports in recent years, experts said, as Labour’s clean power push ramps up.

21 Apr 2025
Business News

What do Rachel Reeves’ plans for growth mean for the economy?

As the Chancellor announces a raft of policies to boost economic growth, PA news agency explains what that means in real terms.
29 Jan 2025
Business News

Morrisons sales surge amid growing grocery market share

The supermarket reported rising profits after announcing 200 job cuts as part of a cost-saving plan earlier in January.
29 Jan 2025
Business News

United Utilities and South West Water hike dividends amid bill increases

The companies said they had agreed 32% and 23% bill increases negotiated with regulator Ofwat last year.
29 Jan 2025
Business News

‘We’re never going back,’ say companies that have switched to four-day week

More than 200 UK companies have made the permanent switch to the shorter working pattern with no loss of pay, it emerged on Monday.
28 Jan 2025
Business News

Pets At Home adds to retail gloom with ‘particularly weak’ festive footfall

The pet product company said it had seen ‘a softer performance’ since October amid falling consumer confidence.
28 Jan 2025
Tech

DeepSeek AI model sends shockwaves through US tech firms as stocks plunge

Chip maker Nvidia suffered the biggest ever one-day loss in market value for a Wall Street stock, after the emergence of Chinese firm DeepSeek.
28 Jan 2025
Business News

Four-day working week adopted by more than 200 UK companies

Campaign group the 4 Day Week Foundation said traditional five-day working patterns are ‘no longer fit for purpose’.

27 Jan 2025
Business News

Labour donor Dale Vince says solar farm approval was not politically influenced

The Ecotricity boss, whose solar project was approved by ministers last week, said criticism by local councillors was ‘cheap’ and ‘cynical’.
27 Jan 2025
Business News

Hotel Chocolat savours record Christmas sales amid expansion plan

The chocolatier, which was bought by Mars last year, said it is planning to open 25 new stores and hire 200 more people.
27 Jan 2025
Business News

Bulb co-founder says latest energy venture takes ‘very different’ approach

Amit Gudka said he has ‘a lot of regret’ about the supplier’s 2021 collapse, as he discussed his battery storage start-up Field.
27 Jan 2025
Business News

Dr Martens’ new boss hails ‘progress’ on turnaround plans as losses ease

The FTSE-listed footwear brand’s revenues made a partial recovery after it suffered sharp declines through much of last year.
27 Jan 2025
Business News

Pound rises amid private sector growth, pulling FTSE 100 down from record highs

The blue-chip index had been trading at its highest ever levels earlier in the week but fell into the red on Friday.
24 Jan 2025
Business News

Shell to post lower 2024 profit after year of faltering oil demand

The expected drop comes after a year in which oil prices have steadied and demand has fallen globally.
24 Jan 2025
Business News

UK faces ‘stagflation’ warning amid rising costs and faltering growth

A survey of businesses found slight growth in the private sector, but companies are still concerned about the prospect of job cuts and inflation.
24 Jan 2025
Business News

Housebuilders push FTSE 100 to new high after Starmer vows to take on blockers

The Prime Minister said opponents of major infrastructure projects will have fewer chances to ‘frustrate growth’ through repeated legal challenges.
23 Jan 2025
Business News

Chapel Down enjoys sparkling Christmas sales after 2024 hiccups

The English winemaker said trading had recovered from a slump in supermarket sales earlier in the year.
23 Jan 2025
Business News

Ofgem boss demands new powers to recoup cash when energy firms collapse

Jonathan Brearley said shareholders in failed suppliers made ‘hundreds of millions of pounds’ from the energy crisis even after their firms went bust.
22 Jan 2025
Business News

Ladbible owner targets further US growth after ‘transformational’ year

LBG Media, which also owns the UniLad and Sportbible brands, has expanded rapidly across the globe since its inception in 2012.
22 Jan 2025
Business News

Fall in company collapses last year but experts warn of ongoing ‘headwinds’

Despite the drop year-on-year, the number of insolvencies remains at levels last seen during the 2008 financial crisis.
22 Jan 2025
Business News

Aldi in-store workers get pay rise to at least £12.71 per hour

The budget retailer said the hourly rate rise means it is the best-paying supermarket for store assistants in the UK.
22 Jan 2025