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Venerable but struggling UK firm backs deal with Chicago-based Ingredion putting nearly 500 jobs worldwide at riskTate & Lyle has agreed to a £2.7bn takeover by its US rival Ingredion, in a deal that could put hundreds of jobs at risk and represent…
A year after government pledge to regulate sector, ECB criticises ‘lack of visible progress’ and ‘no clear plan’The UK government has been accused of dragging its feet over plans for the mandatory regulation of bailiffs amid concerns about harmful prac…
More than £3bn is due to be spent on the proposed road tunnel between Kent and Essex, which is estimated to have higher costs per mile than HS2Ministers have earmarked more than £170m extra to help build the Lower Thames Crossing road tunnel, fuelling …
Tom Kerridge says ‘whole of hospitality’ should get behind Burnham who has called for VAT cut from 20% to 10%Chefs and restaurateurs have said they hope Andy Burnham becomes prime minister after he backed calls to cut VAT tax for hospitality businesses…
Report blames Middle East conflict and rising business costs for fragile jobs market and steep fall in recruitmentUK companies are increasingly hiring temporary workers instead of permanent staff because of low confidence in the economy and higher cost…
UK lagging behind rivals on tourism growth because of travel costs and lack of joined-up planning, says CEO Sean DoyleThe cost of travel to and around the UK is keeping millions of tourists away and slowing economic growth, the boss of British Airways …
Buyers are ripped off after assuming online stores were genuine because they are recommended by an AI toolYou want to buy a new bag and so you ask ChatGPT for help. You have always liked Russell & Bromley so you ask ChatGPT what is popular there at…
Exclusive: deal in 2020 had sought to stimulate local battery making but industry says it still cannot meet targetsThe EU and UK car industries are urging the European Commission to adjust the Brexit trade deal and suspend, for a second time, tariffs o…
Cold storage and logistics body warns food supplies at risk from fuel shortages, cyber attacks and extreme weatherMinisters have been accused of being complacent about the risks to vital supplies of food into the UK amid concerns over fuel shortages, c…
A long trade war looms. Trump’s scattershot protectionism, chaotic tariffs and belligerence against our natural allies guarantees that US trade policy will remain a hot messWe are in for a long trade war.In the months since “Liberation Day” last year, …