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New £150m funding package to protect jobs at Grangemouth
David HendersonScotland news correspondent PA Media The UK government and Ineos are to invest a combined £150m in the plant The UK government is to invest £120m in a support package for the Grangemouth industrial complex. Owners Ineos will contribute £30m to the joint investment deal. The site, the UK’s last ethylene plant, employs about…
UK economy returns to growth in May
The economy saw a strong start to the year, but growth has faltered in recent months with the conflict in the Middle East having affected some businesses. The Iran war has pushed up oil and fuel prices, and also disrupted supply chains. The ONS said firms in a number of sectors had flagged the conflict…
Michelob Ultra becomes best-selling beer in the US
Michelob Ultra has become the top-selling beer in the US two year’s after its parent company’s Bud Light brand lost the title following a consumer backlash. Anheuser-Busch, citing data from Circana, said on Monday that Michelob Ultra overtook Modelo Especial in US retail sales by volume in the year to 14 September. Two years ago,…
