All news by author: Lawrence Matheson

Building firms have seen the first jump in building costs since last autumn as Red Sea disruption sent shipping prices higher, according to a report

UBS last year said it wanted to save £8bn by 2026 by reducing costs, including cutting about 3,000 jobs over several years

The bank said it had been a "positive start to the year" in unveiling first-quarter financial results in line with its expectations

The strong performance came in ahead of previous expectations for the industry, according to a new survey

The Prime Minister said it was "on the wire" whether he had met his promise to grow the economy

Easing inflation and weak consumer demand saw total retail sales across the UK rise by just 1.2%, a plunge from the year-on-year growth of 4.2% seen in the same month in 2023, according to new data

Greater investment and faster moves on insulation, solar panels, renewables, heat pumps and electric cars over the last decade could have delivered savings totalling £70 billion by 2023, a report has said.

A combination of higher purchase costs, insufficient charging infrastructure and mixed messaging are putting some people off from making the switch to electric motoring, peers warned

Petrochemical Commercial Company, which is linked to the Iranian state, used a web of front companies in the UK to discreetly move money around the world, it is claimed

The company said it had reached a settlement agreement with Adam Minto after an ongoing dispute with the former chief executive

The money will be used on various projects including research, regulation and the creation of a network of AI hubs across the UK

The oil giant reported underling replacement cost profits the company's preferred measure of £11bn

The British Insurance Brokers' Association (Biba) said the measures it is calling for could "make a difference" to people as they struggle with the cost of living

Rodrigo Maza has been appointed as the new boss of Naked Wines, weeks after the firm announced job cuts and its former chief executive quit on the same day as a profit warning

The Department for Transport has announced that schools in England will be able to apply for grants to buy and install electric vehicle chargers, and then sell the energy back to motorists

The health and beauty firms said last year they planned to recruit 500 new apprentices over three years, but more than 80% of the target was reached by 2023.

Unite said the Gangmasters Licensing Authority, set up in the wake of the disaster 20 years ago today, in which 21 people drowned, needs to be reformed

The Carbon Trust surveyed more than 400 sustainability experts at large businesses in five countries

The Organisation for Economic Co-operation and Development revised down its predictions for headline UK inflation to average 2.8% in 2024 and 2.4% in 2025, from the 2.9% and 2.5% respectively forecast in November

The business group said it and Tony Danker have agreed an "undisclosed settlement" following his sacking from the post in April 2023

The London-headquartered firm founded by Conservative peer Lord Peter Cruddas said it was cutting its global workforce by about 17% to "drive efficiencies and control costs"

The global telecoms group is also seeking to strike a deal for its Italian division.

The Co-op said the figures show private and public sector organisations should work together to ensure the levy is used more effectively to support young people

UK companies are experiencing the second-highest levels of financial distress in Europe, with German firms leading the way, according to the Weil European Distress Index

UK consumers soaked up warmer weather with trips to Spain last month, while fewer people spent money in pubs and bars on home territory, according to new data from digital bank Monzo