The Business category covers all aspects related to commerce, including management, entrepreneurship, economics, finance, and marketing. It provides valuable insights, strategies, and resources for individuals and organizations to navigate and excel in the corporate world. Whether you’re looking to start a new venture, optimize existing operations, or understand global economic trends, this category offers the knowledge and tools necessary for success.
Emma SimpsonBusiness correspondent Aldi The boss of Aldi has warned that any measures in the Budget that further increase costs on employers could lead to higher food prices. Aldi UK chief executive Giles Hurley, said the impact of last year’s National Insurance rise and the cost of new packaging rules had already “rippled through to…
US and Chinese officials will hold a second day of trade talks in Spain on Monday as the deadline for the Chinese owner of TikTok to find a buyer or face a ban in America looms. The negotiations, led by US Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng, are the latest attempt…
Kevin PeacheyCost of living correspondent and Tommy LumbyBusiness data journalist Getty Images Spontaneous spending is likely to rise if the limit on contactless cards is increased or scrapped entirely, academics say. At present, the need to press a four-digit PIN for purchases over £100 gives people a timely prompt about how much they are paying,…
The past two weeks have been dreadful for Jaguar Land Rover (JLR), and the crisis at the car maker shows no sign of coming to an end. A cyber attack, which first came to light on 1 September, forced the manufacturer to shut down its computer systems and close production lines worldwide. Its factories in…
Mitchell LabiakBusiness reporter and Simon JackBusiness editor Getty Images AstraZeneca has paused plans to invest £200m at a Cambridge research site in a fresh blow to the UK pharmaceutical industry. The project, which was set to create 1,000 jobs, was announced in March 2024 by the previous government alongside another project in Liverpool, which was…
The UK economy failed to grow in July, following the biggest contraction in manufacturing output for a year. The Office for National Statistics (ONS) said the economy saw zero growth in the month, which was in line with expectations, following a 0.4% expansion in June. However, monthly figures are volatile, and the ONS has said…
More than 300 South Koreans who were detained in a massive immigration raid at a Hyundai plant in the US state of Georgia have arrived back home. Their return comes as the country’s president and Hyundai’s chief executive have warned about the impact of the raid. A chartered Korean Air jet carrying the workers and…
Jennifer Clarke & Tom EspinerBBC News Reuters The Chancellor Rachel Reeves will set out plans for the economy when she delivers the Budget on 26 November. There have been warnings that she will have to put up taxes or cut spending if she wants to stick to her own rules on government borrowing. Before the…
Danielle KayeBusiness reporter Reuters US inflation rose in August at the fastest pace since the beginning of the year ahead of a key Federal Reserve meeting where it will decide whether to cut or hold interest rates. Consumer prices increased 2.9% in the year to August, up from 2.7% the previous month, according to the…
South Korean companies will be “very hesitant” about investing in the US following a massive immigration raid at a Hyundai plant in the state of Georgia last week, President Lee Jae-myung has said. More than 300 South Koreans who were arrested in the raid are due to return home on Friday. Their departure had been…
