Ørsted shelves major UK offshore windfarm project in blow to green energy goals
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
Drought conditions already hitting UK crop production, farmers say
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 to recruit 180 workers after government rescue secures future
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
Bank of England cuts interest rates to 4.25% amid global trade tensions and slowing growth
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
Trump set to announce major UK-US trade deal amid global tariff fallout
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
Record 299,000 tax returns filed in first week of new tax year, says HMRC
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 unveils ‘leap forward’ in robotics with Vulcan, a robot that can feel
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