Economy

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The UK’s green energy ambitions have suffered a serious setback after Danish energy giant Ørsted cancelled plans for Hornsea 4, one of the country’s largest proposed offshore windfarms, citing soaring supply chain costs and financial risks.Hornsea 4, expected to power

Farmers across England are warning of early crop failures after what is shaping up to be the driest start to spring in nearly 70 years, with water levels falling and fears mounting that the country could be headed for another

British Steel has launched a recruitment drive for more than 180 new roles less than a month after the UK government intervened to save the company and protect 2,700 jobs at its Scunthorpe plant.The move follows a dramatic state rescue

The Bank of England has cut interest rates for the fourth time since August, lowering the base rate to 4.25% from 4.5%, as the central bank grapples with weakening growth, persistent inflation, and global trade disruptions driven by President Trump’s

President Donald Trump is expected to announce a long-anticipated trade deal with the United Kingdom on Thursday, marking a potential breakthrough in transatlantic relations amid rising global trade tensions triggered by his sweeping tariff regime.The president teased the announcement in

Nearly 300,000 people filed their Self Assessment tax returns in the first week of the new tax year — the highest number ever recorded during the opening week of filing, according to HM Revenue and Customs (HMRC).The figures show that

Amazon has announced a major breakthrough in warehouse automation with the launch of Vulcan, a new robot equipped with a sense of touch, capable of handling around 75% of items in the company’s vast fulfilment network.Unveiled at the retailer’s “Delivering