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Billionaire Easdale Brothers Get Approval to Convert Watt Brothers Building into Hotel

Planning permission has been approved for the Easdale brothers' £23m project to convert Glasgow's historic Watt Brothers building into a boutique hotel, marking a key step in the city's centre regeneration.

2 min read

Media House via Supplied Watt Brothers Building on Sauchiehall Street

Ryanair Launches £40m Expansion at Glasgow Prestwick Creating 450 Jobs

Ryanair is investing £40m to expand its Glasgow Prestwick maintenance facilities, creating 450 jobs including 60 apprenticeships and supporting over 1,200 engineering roles in Ayrshire.

2 min read

Getty Images Two white and navy blue Ryanair planes parked at Prestwick Airport.

Hargreaves Lansdown IT Issues Disrupt Client Transactions

Thousands of Hargreaves Lansdown clients face transaction issues due to technical problems. The company assures data security and promises updates on its status page.

2 min read

Getty The offices of Hargreaves Lansdown, a contemporary, multistorey glass office building against a partially cloudy sky

Unilever in Talks to Merge Food Business with US Spice Maker McCormick

Unilever is in talks to merge its food business with US spice maker McCormick, focusing future efforts on personal care products if the deal proceeds.

3 min read

Typical Household Energy Bills May Rise by £332 Annually in July

Cornwall Insight forecasts a £332 annual rise in typical household energy bills from July, driven by oil and gas price surges amid geopolitical tensions. Ofgem will set the new price cap on 27 May, affecting about 19 million UK households.

2 min read

Getty Images A young blonde woman wearing light blue jeans and a burnt orange t shirt sits on the floor in front of a tumble drier taking her clothes out of it

Rising Demand Destruction Fears as Iran Conflict Pushes Oil Prices Up; UK Borrowing Surges

Rising oil and gas prices due to the Iran conflict spark demand destruction fears globally, with Asia showing early signs. The UK government borrowing surged to £14.3bn in February amid economic pressures and energy market disruptions.

5 min read

A tanker ship docked by oil, gas and fuel storage units at the Navigator Terminal in Grays, Britain.

UK Government Borrowing Hits £14.3bn in February, Exceeding Expectations

UK government borrowing rose to £14.3bn in February, surpassing expectations and marking the second highest February level on record, driven by increased spending and debt interest payments despite higher tax receipts.

1 min read

Getty Images People walking through Liverpool city centre

How Rising Oil and Gas Prices Are Driving Up the Cost of Living

The Middle East conflict is driving up UK fuel prices and inflation, impacting mortgages and household budgets. Other news includes Post Office scandal updates, US trade relations, and entrepreneurial stories.

4 min read

Yellow letter tiles spell the word 'price' against a vibrant blue backdrop, ideal for business concepts.

NI Gas Prices Could Rise if Middle East Conflict Persists Another Month

The Utility Regulator warns Northern Ireland gas and electricity prices may rise if the Middle East conflict continues, with wholesale gas prices having doubled since the conflict began. Heating oil prices have also surged, impacting 62.5% of homes reliant on oil heating.

3 min read

Getty Images A person lights a gas stove using a match. There is a silver kettle sitting on one of the rings.

UK and Nigeria Forge Historic Steel Deal and Strengthen Bilateral Ties

UK Prime Minister Sir Keir Starmer and Nigerian President Bola Ahmed Tinubu have agreed on a £70m steel deal to refurbish Lagos ports, marking a historic visit and strengthening trade, investment, and diplomatic ties amid security challenges in Nigeria.

3 min read

PA Media Prime Minister Sir Keir Starmer shakes hands with Nigerian President Bola Ahmed Tinubu outside the black door on 10 Downing Street.

Faisal Islam: Iran Conflict’s Surprising Impact on UK Economy and Inflation

Faisal Islam reports on how the Iran war is unexpectedly impacting the UK economy, inflation, and mortgage markets, with insights from the Bank of England governor.

4 min read

Getty Images A young man and woman stand alongside each other looking at an estate agents' window.

Bank of England Likely to Hike UK Interest Rates Twice Amid Middle East Inflation Shock

The Bank of England is expected to raise UK interest rates twice this year due to inflation pressures from the Middle East crisis. Energy prices surge, impacting bills and markets globally, while the ECB holds rates steady amid rising inflation forecasts.

11 min read