Business

Angie BrownEdinburgh and East reporter BBC There were flight cancellations and delays following the outage Passengers are experiencing delays and cancellations after an air traffic control outage led to the suspension of flights to and from Edinburgh Airport. Services resumed at 10:40 after flights were grounded for about two hours, with some passengers reporting being…

Netflix is closing in on a deal to buy the film and streaming businesses of Warner Bros Discovery, according to multiple reports. The streaming giant has emerged as the top bidder for Warner Bros ahead of rivals Comcast and Paramount Skydance after offering $28 (£21) per share, according to several outlets including Reuters and the…

Taiwan says it will block access to popular Chinese social media app RedNote or Xiaohongshu for one year following concerns over online shopping scams. The island’s Criminal Investigation Bureau said Thursday it detected more than 1,700 fraud cases on the app since last year, with total losses worth more than NT$247m (£5.9m; $7.9m), local media…

Felicity Hannah,Big Boss Interviewand Michael Sheils McNamee,Business reporter PA Waterstones would stock books created using artificial intelligence, the company’s boss has said, as long as they were clearly labelled, and if customers wanted them. However, James Daunt, a veteran of the bookselling industry, said he personally did not expect that to happen. “There’s a huge…

Emma SimpsonBusiness correspondent Jonathan Armstrong died in October before receiving full compensation A sub-postmaster whose life was ruined by the Post Office’s faulty accounting software has died without receiving his full compensation. Jonathan Armstrong passed away in October from a heart attack at the age of 58. His widow, Sarah, is now looking into claiming…

Rachel AlexanderLocal Democracy Reporter LDRS Residents in Woodall and Hamilton House, both in Bloxwich, Walsall, are seeing a large rise in their energy bills Pensioners living in two tower blocks said they felt like “second class citizens” after a social landlord quadrupled their heating and hot water bills overnight. It was now cheaper to boil…

Emer MoreauBusiness reporter Getty Images Construction in November was at its lowest level since the pandemic Activity in the UK’s construction sector shrank last month at the fastest pace since the pandemic, partly due to uncertainty ahead of the Budget, a closely watched survey has indicated. The research from S&P Global said November saw the…

Energy regulator Ofgem has approved £28bn in investment to improve the UK’s energy network. Most of the funding in the five-year plan will go towards maintaining gas networks, but £10.3bn will be used to strengthen the electricity transmission network. Households will see an additional £108 added to energy bills by 2031 under the plan. But…

Adidas has fended off an appeal from shareholders who accused it of hiding misconduct by rapper-entrepreneur Kanye West – otherwise known as Ye – before their partnership broke down in 2022. A San Francisco court said the sportswear giant did not mislead investors, who claimed they had lost money after Adidas shares plunged when it…