UK trains disrupted again as workers stage fresh strikes
Commuters returning to work after the Christmas break are advised not to travel as tens of thousands of British rail workers stage a fresh round of strikes that will disrupt services all week.
Business
1st tanker carrying LNG from US arrives in Germany
The first regular shipment of liquefied natural gas from the United States has arrived in Germany.
Risk of UK winter power cuts fades amid fall in wholesale gas prices
Demand for heating in UK and Europe falls amid mild weather but concerns remain over suppliesWhy are wholesale gas prices falling and will it cut UK bills?The likelihood of power cuts in Britain this winter has diminished “significantly” after a sharp …
Hyundai aims for 10% rise in global sales as it shifts to electric cars
Carmaker, which also owns Kia, missed 2022 targets amid shortage of chips and other vital partsThe carmaker behind Hyundai and Kia has said it aims to increase global sales by 10% this year, as the company accelerates its transition to electric vehicle…
Cineworld denies talks with Odeon owner AMC over sale of cinemas
Bankrupt chain says it is looking for buyer for entire business, rather than offloading individual sitesThe bankrupt chain Cineworld has denied it attempted to break up the business and sell some of its cinemas to the owner of its rival Odeon, insistin…
No 10 optimistic that deal to end rail strikes can soon be reached
With fresh talks expected this week, source says rail row is public sector dispute most likely to be resolved firstUK strike calendar: service stoppages in JanuaryDowning Street has expressed optimism that a solution to the current wave of rail strikes…
Turkey inflation slows to 64% in boost to Erdogan
Official data show that inflation in Turkey has slowed in December thanks to a favorable base effect.
RMT chief threatens rail strikes could continue beyond May – business live
Mick Lynch says strikes could carry on into spring unless a reasonable offer is made to the RMT union; transport secretary denies blocking a dealHuw Howells, head of manufacturing and industrials at Lloyds Bank corporate & institutional banking, sa…
UK firms less likely to borrow than at any time since financial crash
Demand for credit is waning among UK’s leading companies, according to accountancy firm DeloitteThe UK’s leading companies are less inclined to borrow now than at any point since the financial crisis of 2008, a survey of directors has found.Demand for …
UK pubs and restaurants cut winter hours to weather ‘perfect storm’ in 2023
Some firms cut capacity by 20% to match supply and demand as custom fades, bills rise and government support dwindlesPubs and restaurants face a “perfect storm” of challenges this year as cash-strapped consumers slash spending and the government reduce…