British Steel to create 180 new jobs and ‘ramp up’ production
British Steel is to “ramp up” production and create more than 180 jobs. The company said the majority of the roles would be based at Scunthorpe, with the rest at…
Fed keeps interest rates unchanged despite Donald Trump pressure
The US central bank has left interest rates unchanged again, despite pressure from President Donald Trump to lower borrowing costs. The decision keeps the Federal Reserve’s influential lending rate hovering…
Weightwatchers files for bankruptcy as Ozempic and Mounjaro surge in popularity.
WeightWatchers has filed for bankruptcy in the US as it struggles with debt and fierce competition from fat-loss jabs like Ozempic and Mounjaro. The legal process will see $1.15bn (£860mn)…
Disney to open its first theme park in the Middle East
Walt Disney has announced plans to open its first theme park in the Middle East. The resort, which will be in the United Arab Emirates on Abu Dhabi’s Yas Island,…
Oil and gas firm Harbour Energy plans to cut 250 jobs in Aberdeen
A major oil and gas producer is making plans to cut about 250 jobs in Aberdeen. Harbour Energy said it had launched a review of its UK operations and had…
When will interest rates go down again and how do they affect mortgages?
Kevin Peachey Cost of living correspondent BBC The Bank of England is widely expected to cut interest rates on Thursday, with further falls expected during the rest of the year.…
Minimum age to be a train driver lowered to 18
Eighteen-year-olds will be allowed to drive trains after the minimum age was lowered from 20 in a bid to tackle driver shortages. UK rail services are frequently disrupted due to…
Government defends National Insurance exemption in UK-India deal
The UK government has hit back against claims by opposition parties that the newly-agreed trade deal with India could disadvantage British workers. Business and Trade Secretary Jonathan Reynolds told the…
China and US set to start trade talks this week
US and Chinese officials are set to start talks this week to try and deescalate a trade war between the world’s two biggest economies. Chinese Vice Premier He Lifeng will…
Family ‘heartbroken’ at prospect of Staffordshire pottery closure
Zoe Conway Employment correspondent Reporting fromStoke-on-Trent BBC Four generations of the Yates family have worked at Dunoon Mugs in Staffordshire Sharon Yates has been working at Dunoon Mugs in Staffordshire…