About 700,000 households missed mortgage or rent payments last month as the cost of living crisis continued to take its toll, according to a survey. Which?, the consumer group, said its online polling found that 5 per cent of renters missed a payment, continuing a high level over the past year and “showing many are […]
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Sales of new cars in Northern Ireland continued to recover in April according to industry data. Figures from the Society of Motor Manufacturers and Traders (SMMT) show there were 3,432 sales, up 6.8% on the same month in 2022. So far this year 16,750 new cars have been sold in Northern Ireland, up 17.4% compared […]
The last bank in a south Essex town is set to close in August. Lloyds Banking Group announced it would shut its branch on Grover Walk, Corringham on 21 August, leaving the East Thurrock area without a bank. It said the rise of internet banking meant fewer customers were using High Street branches. The group […]
The UK has agreed landmark post-Brexit trade deals with Australia and New Zealand to unleash British businesses and deliver on the Prime Minister’s aims of economic growth and innovation. The free trade deals are expected to boost bilateral trade with Australia by 53 per cent and with New Zealand by 59 per cent, affording UK […]
A vast power grid on the seabed of the central North Sea is being planned as part of a £20bn project to power oil and gas platforms with green electricity. Cerulean Winds won the rights to develop projects aimed at reducing the use of gas by offshore installations. It aims to link more than 400 […]
Train passengers face further disruption this summer after members of the RMT rail union voted overwhelmingly for further strike action. A ballot of members working across 14 train operating companies “massively reaffirmed a mandate for further strike action”, the union said on Thursday, with 90% of votes cast in favour of holding more strikes over […]
Burger King has estimated that the fast food giant will have to close up to 400 locations across the US this year. The iconic burger chain said that underperforming stores will be the first to go. Following the announcement of the company’s first quarter results, CEO Joshua Kobza said the chain expects to shut between […]
Orbex has announced that construction has begun at Sutherland Spaceport (formerly known as Space Hub Sutherland) in Scotland, making this the first vertical launch spaceport to be built on the UK mainland. Located on the North coast of Scotland, the spaceport will be the ‘home’ spaceport of Forres-based rocket and launch services company, Orbex, which […]
Brits are expected to ring in the Coronation of King Charles III this weekend in the time honoured tradition of emptying their wallets faster than usual. It is predicted consumers will fork out around £8bn over the Coronation bank holiday weekend, with £3.22bn more spent than during a typical May bank holiday. Of the £3bn […]