British food and drink exports to the EU fell by £2bn in the first three months of 2021, with sales of dairy products plummeting by 90%, according to an analysis of HMRC data. Brexit checks, stockpiling and Covid have been...
Australia’s trade minister has signalled he is prepared to walk away from a free trade agreement with the UK if Australian agricultural exporters are not granted sufficient access to the British market. Dan Tehan is in daily talks with his...
Marks & Spencer is to step up store closures after diving £201.2m into the red as clothing and homeware sales slid by almost a third during the high street lockdowns. Food sales rose by 1.3% at established stores in the year...
Carlos Ghosn, the fugitive automotive executive, has been ordered to repay £4.3m to Nissan and Mitsubishi by a Dutch court after he failed in the first step in a legal claim. Ghosn led the Japanese carmaker Nissan and France’s Renault...
A rapid rollout of the Covid-19 vaccine across the UK’s four nations lifted GDP by 2.1% in March, helping prevent a steep fall during the first three months of the year, according to official figures. The economy retreated by a better...
Shares in pharmaceutical companies fell sharply after the US government threw its weight behind global plans for a patent waiver on Covid-19 vaccines to boost their production and distribution around the world. Shortly after the US declared its support for the intellectual property (IP) waiver, which...
Earnings at Lloyds Banking Group have rebounded, with a forecast-beating £1.9bn in pre-tax profits for the first quarter, as the lender released cash that had been earmarked for potential loan defaults triggered by the pandemic. The upbeat results came as other European...
A sustainability rating agency has downgraded JP Morgan Chase after the US bank was revealed to be funding the failed European Super League (ESL) breakaway attempt. Six of England’s richest clubs, including Manchester United, Liverpool and Arsenal, were among the 12 European...
Gambling firms behind more than £30m in football shirt sponsorship deals have been accused of making “insulting” contributions to the industry-funded addiction charity, with one giving just £250. An annual list of donors to GambleAware, which is funded by online casinos and...
The air is thick with the smell of paint and toolboxes are stacked on the floor inside Cutting Edge Hair Design in Old Harlow, Essex. Owner Emma Stillwell, 37, decided to use the enforced closure during the latest lockdown to spruce...
