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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…
Faarea MasudBusiness reporter MedExpress MedExpress’s social media advert was banned for targeting new mums An advert which targeted weight-loss injections at new mums has been banned by the Advertising Standards Authority (ASA). MedExpress’s social media post used a harmful gender stereotype which suggested women should prioritise losing weight soon after giving birth, the ASA said….
The former chancellor Rishi Sunak has defended his pandemic-era Bounce Back Loan scheme against accusations that it was subject to excessive levels of fraud. He said he was aware of the risks, but given the need for speed, he would do the same again. Bounce back loans (BBLs) offered small businesses up to £50,000 with…
Negotiations over a technology deal between the UK and US have stalled due to stumbling blocks in wider trade negotiations between the two sides. The Technology Prosperity Deal – which was billed as “historic” when it was unveiled during US President Donald Trump’s state visit in September – saw both countries pledge to co-operate in…
Eve Connor,North East and Cumbriaand Andy Watson,in Sunderland BBC The new Leaf will be built in Sunderland and powered by batteries also manufactured nearby Car manufacturer Nissan has started building its new electric Leaf at its UK factory. The government said it was the first new high-volume car to be built in the country since…
Three members of Ben & Jerry’s independent board will no longer be eligible to serve in their roles, after the ice cream company introduced a new set of governance practices. These include a nine-year limit set on board members’ terms. Chair Anuradha Mittal, who earlier said she had no plans to resign under pressure, is…
Michael RaceBusiness reporter PA Media Rishi Sunak has said not all jobs could be saved during the Covid-19 pandemic, but the government was able to prevent mass unemployment. The former prime minister, who was chancellor at the time, said it “wasn’t going to be possible to save every person’s job”. But he said the government…
The Spanish government has fined property rentals giant Airbnb €64m (£56m) for advertising unlicensed apartments. It also said that some of the properties advertised in the popular tourist destination were banned from being rented. The fine means that Airbnb has to withdraw the adverts promoting unlicensed properties. Although the Consumer Affairs Ministry said the fine…
A food bank has said the number of people asking for its help has tripled. Ludlow Food Bank in Shropshire said on average it helped 28 people per week, but last week that had shot up to 84. It is appealing for more donations, particularly of tinned goods like soup and baked beans. “Our poor…
Liv McMahonTechnology reporter Getty Images Ofcom is investigating BT and Three over mobile outages it said had caused “UK-wide disruption”, including to emergency services. Thousands of Three customers reported they were unable to make calls in June, while BT and EE customers were hit by a similar outage in July. The regulator said it would…
