All news by author: Lawrence Matheson
1299
British Airways to offer free messaging apps on flights from next month
The airline plans to introduce the service over two weeks starting from April 3, allowing travellers to send and receive texts on apps like WhatsApp, iMessage, Facebook Messenger and Teams
1004
New car market records best February in 20 years with 85,000 vehicles sold
Last month saw a 14% increase compared to February 2023, said the Society of Motor Manufacturers and Traders
973
Wettest February on record dampens consumer demand - British Retail Consortium
Retailers have suffered poor retail sales due to the wet weather with toy sales the only bright spot as parents tried to keep their children entertained indoors
1103
Greggs shares huge £17.6million bonus with thousands of staff
About 25,000 staff to share the bonus pot after annual profits soar as sales in shops increase by 13.7 percent and the company wanted to say thank you to its workers
559
Greggs serves up record profits of £188m, but reveals slowing sales gowth
Greggs has reported a 27% increase in full-year profits and plans to open between 140 to 160 shops this year
1257
Average fixed-rate mortgage fee up by £46 to £1,141 as fewer deals offer perks
A shrinking proportion of mortgage deals are offering free legal fees or cashback, according to a financial information website
902
EDF wind farm to pay £5.5m to vulnerable customers after overcharging grid
The business told Ofgem that it thought it had complied with the rules, but accepted the regulators' findings and will pay £5.5 million to help struggling households
1319
Ocado adds 'Buy British' aisle to website in show of support to farmers
It features over 800 items from UK farms, from sweetcorn and mushrooms to steak and kefir
1211
Siemens reveals plans to develop £100 million rail centre in Chippenham
Chancellor Jeremy Hunt visited the site on Monday and said the investment was 'big boost' for the manufacturing sector
665
Aviva to return to Lloyd's of London with £242 million Probitas merger
The deal will see Aviva take on the rights to Syndicate 1492, one of the underwriting units in the Lloyd's of London, giving the company a route back into the insurance market
1182
China's ruling party faces tough choices about how to stimulate slowing economy
It is looking for ways to address economic problems and to fix its property market as its annual congress gets underway in Beijing
822
World Trade Organisation summit ends after failing to reach agreement on deals
The 164-member group had hoped to make progress on issues such as fishing, agriculture and the digital economy, but failed to reach a consensus
624
Hipgnosis sees shares slump after it slashes value of music catalogue by 26%
The troubled group was created by Merck Mercuriadis, known for managing Beyonce and Chic's Nile Rodgers
1080
Ryanair and Wizz Air see increase in passengers booking flights last month
Ryanair said it carried 11.1 million passengers last month, while Wizz Air saw a 15.8% rise in passenger numbers
1337
Vertu Motors says car prices have stablised after 10% falls towards end of year
The group saw used car prices decrease between October and December as values tumbled following steep gains in the previous few years
791
Bank of England chief economist says interest rate cut is 'some way off'
Huw Pill, chief economist at the central bank, also warned that the economy is currently weak and said policymakers should not feel a "false sense of security" if inflation falls below the 2% target rate in the coming months
682
Pension funds to be forced to disclose levels of investment in UK businesses
The Government said the reforms will help employers and savers to compare schemes and make informed choices
1117
Holidaymakers cash in as pound rises against 21 out of 25 foreign currencies
The value of the pound against the euro and US dollar has risen by 3.8% and 5.5% respectively
1284
ITV investors looking for green shoots in broadcaster's advertising revenues
The company struggled to attract advertisers, a key source of money for a broadcaster, last year
986
Chancellor to announce £360 million funding for manufacturing ahead of Budget
The package is for research and development and manufacturing projects across the life sciences, automotive and aerospace sectors
636
Siemens Energy boss says UK 'not fast enough' to meet its offshore wind targets
Darren Davidson, who runs a company employing 6,000 people in the UK, said that the country is not moving quickly enough towards renewable energy
1004
Amstrad is back after Lord Sugar relaunches iconic brand he sold to Sky in 2007
The business mogul has bought back the rights to the household brand name for new agency Amstrad Digital
1118
'Budget' car insurance policies may not cover common claims, warns Which?
The average price paid for motor insurance in the final quarter of 2023 was around a third, or £157 in cash terms, higher compared with a year earlier, according to figures from the Association of British Insurers
883
Brazil pushes for global tax on the super-rich at G20 meeting in Sao Paulo
Brazil's finance minister told his peers Thursday at a G20 meeting in Sao Paulo that countries should implement a global tax on the super-rich in an effort to tackle rampant tax evasion
1002
China's manufacturing sector shrinks for fifth month in a row, survey reveals
Manufacturing survey reflects persistent weakness in the economy ahead of annual legislative meetings where officials are expected to boost policy support
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