Business

Airbus has revealed just over 2,000 job losses across its space and defence division, with 477 roles affected in the UK, amid tough competition from US rivals including Elon Musk’s SpaceX. The bulk of the cuts, which were not as severe as the company had initially expected, will affect mainly …

A food supply chain technology start-up which aims to drive reductions in waste has landed millions of pounds in funding from a syndicate of investors. Sky News understands that Cerve, which was effectively founded earlier this year, has secured £3.5m in a round led by business-to-business software specialist SuperSeed. Venture …

Equinor said the joint venture would include its equity interests in Mariner, Rosebank and Buzzard, and Shell’s equity interests in Shearwater, Penguins, Gannet, Nelson, Pierce, Jackdaw, Victory, Clair and Schiehallion. A range of exploration licences will also be part of the transaction. Equinor’s executive vice president for exploration and production …

The rising cost of mobile phone contracts and other digital services has been an issue of concern for regulators as has the slow pace of the UK’s 5G roll out. Vodafone’s chief executive Margherita Della Valle told the BBC’s Today programme its £11bn investment programme would be “entirely self-funded” by …

The competition watchdog has approved the creation of the UK’s biggest phone network by allowing the merger of the Three and Vodafone networks. The Competition and Markets Authority (CMA) issued the decision despite previously saying millions could pay more as a result of the amalgamation. CMA approval is contingent on …

Soaring costs and customers watching their spending is putting the hospitality industry under intense pressure, but for the traditional British pub there could be an unlikely saviour. A record 140 million pints of no or low-alcohol beer are expected to be sold this year, up 12% on 2023, with 86% …

The world’s biggest cryptocurrency, Bitcoin, has been valued at more than $100,000 for the first time, spurred on by Donald Trump’s latest nomination for his presidential team. The cryptocurrency was valued at $103,280 (£81,160) as of 4.10am UK time, leaping in value by 7.9% in the previous 24 hours, according …

While the Green Homes Grant scheme closed in 2021, spray foam insulation is still available under the Great British Insulation Scheme as the government seeks to improve the energy efficiency of homes and drives towards its 2030 “net zero” target. Rico Wojtulewicz, head of policy at the National Federation of …

Charities said that exclusion was seen across a wide range of services and venues. Wayne Crocker, director at Mencap Cymru, said people might have a choice of going to an alternative cafe if another in town decided to stop accepting cash. However, were a town’s only theatre – or one …

“It’s about leaning away from this ‘girl boss’ ideal that we’ve seen for a lot of years, where there are very, very high demands for success in every aspect of life,” explains Johanna Göransson, a researcher for Ungdomsbarometern. There is no official data on the number of young “soft girls” …