Entries by BBC News - Business

Port Talbot: Tata’s Steel 2,800 job cuts are ‘devastating’

A union says plans to replace Port Talbot blast furnaces will devastate local communities.

Fujitsu boss: We let society down over Post Office role

Paul Patterson told the Post Office inquiry Fujitsu wants to "get to the truth wherever it lays".

British Gas boss Chris O’Shea: ‘I can’t justify my pay of £4.5m’

Chris O'Shea, chief executive of Centrica, says he does not set his own pay but it is impossible to justify.

Retail sales fall at sharpest rate since Covid

Sales during December tumbled by 3.2% as shoppers stocked up earlier on Black Friday discounts.

Tata steel: What do plans mean for UK’s carbon footprint

The company's plans to shut its blast furnaces could cut Wales' carbon emissions by a fifth.

Kashmir’s rare snowless winter sets off alarm bells

Experts say that the absence of snowfall this winter will lead to water scarcity and derail the economy.

Chancellor Jeremy Hunt hints at further tax cuts

The chancellor says that tax cuts would help the economy be more dynamic and grow faster.

Energy standing charges review prompts huge response

Ofgem said 20,000 people had been in touch about the daily fees before consultation closes later on Friday.

Tata Steel: Port Talbot blast furnaces to close with 3,000 expected job losses

Plans to cut jobs in a move to greener steelmaking a "crushing blow" for Port Talbot, unions say.

Birkenstock growth plans fail to impress investors

The firm is planning to expand production and open more stores, despite a drop in profits.