6 h. ago Eurostar disruption: Channel tunnel partially reopens after power supply problem halts services – business live

Eurostar ‘strongly advise’ passengers to postpone journeys after problem with overhead power supply in Channel tunnel and a failed Le Shuttle trainFull story: Eurostar cancels all trains to and from London after Channel tunnel power cutTell us: have you been affected by the Channel Tunnel rail disruption?European stocks have hit a record high today, ending a strong year on the front foot.The pan-European Stoxx 600 index has risen by over 0.2% this morning to 590.65 points, a new peak.The Euro area and UK economies proved more resilient in 2025 than we anticipated. US tariffs weighed on exports and real GDP growth in Q2 and Q3, but domestic demand has generally been more robust than we anticipated.As a result, Euro area and UK GDP growth, while still underperforming the US this year, have turned out higher than in our forecast at the end of 2024. Continue reading...

Politics

8 h. ago Eurostar disruption: Channel tunnel operator announces ‘gradual’ resumption to train traffic after power supply problem halts services – business live

Eurostar ‘strongly advise’ passengers to postpone journeys after problem with overhead power supply in Channel tunnel and a failed Le Shuttle trainTell us: have you been affected by the Channel Tunnel rail disruption?European stocks have hit a record high today, ending a strong year on the front foot.The pan-European Stoxx 600 index has risen by over 0.2% this morning to 590.65 points, a new peak.The Euro area and UK economies proved more resilient in 2025 than we anticipated. US tariffs weighed on exports and real GDP growth in Q2 and Q3, but domestic demand has generally been more robust than we anticipated.As a result, Euro area and UK GDP growth, while still underperforming the US this year, have turned out higher than in our forecast at the end of 2024. Continue reading...

Politics

9 h. ago Eurostar and LeShuttle services suspended after power supply problem in the Channel tunnel – business live

Eurostar “strongly advise” passengers to postpone their journey to a different date, after a problem with the overhead power supply in the Channel tunnel and a failed Le Shuttle trainTell us: have you been affected by the Channel Tunnel rail disruption?European stocks have hit a record high today, ending a strong year on the front foot.The pan-European Stoxx 600 index has risen by over 0.2% this morning to 590.65 points, a new peak.The Euro area and UK economies proved more resilient in 2025 than we anticipated. US tariffs weighed on exports and real GDP growth in Q2 and Q3, but domestic demand has generally been more robust than we anticipated.As a result, Euro area and UK GDP growth, while still underperforming the US this year, have turned out higher than in our forecast at the end of 2024. Continue reading...

Economics

14 h. ago Octopus Energy sells stake in software arm Kraken, valuing unit at £6.4bn

The move paves the way for the demerger of Kraken Technologies and a possible stock market flotation.

Economics

34 h. ago Microsoft founder Bill Gates' warning of 'scary' outcome of AI in wrong hands

Boss of software giant Microsoft’s AI arm says people are right to be afraid of the new technology, including threat from versions with 'super powers'

Events

6 d. ago Ryan Reynolds' Wrexham sale explained as real financial strategy finally comes to light

A Wrexham official has explained the thinking behind selling a minority stake as the Championship outfit plan for long-term stability

Economics

6 d. ago Too good to be true? New scheme promises chance to live in a house with zero energy bills

New homeowners could save nearly £1,800 a year on average

Society

6 d. ago BP to sell majority stake in $10bn Castrol business to US investment firm

Stonepeak will acquire 65% of lubricants business as part of wider plans for the oil company to pay down its debtBusiness live – latest updatesBP has agreed to sell a majority stake in its $10bn (£7.4bn) lubricants business Castrol to the US investment company Stonepeak, as the new chair, Albert Manifold, rapidly reshapes the under-pressure oil and gas company.Stonepeak will acquire a 65% stake in Castrol, in a deal that values the division at $10.1bn including its debt. The deal, in which BP will retain a 35% stake in the business through a joint venture, is expected to close at the end of next year, the company said on Wednesday. Continue reading...

Economics

6 d. ago BP agrees deal to sell £7.4bn stake in Castrol to US investment firm

Stonepeak will acquire 65% of lubricants business as part of wider plans for the oil company to pay down its debtBusiness live – latest updatesBP has agreed to sell a majority stake in its $10bn (£7.4bn) lubricants business Castrol to the US investment firm Stonepeak, as the new chair, Albert Manifold, rapidly reshapes the under-pressure oil and gas company.Stonepeak will acquire a 65% stake in Castrol, in a deal that values the division at $10.1bn including its debt. The deal, in which BP will retain a 35% stake in the business through a joint venture, is expected to close at the end of next year, the company said on Wednesday. Continue reading...

Economics

1 week ago British Gas, EDF, E.on, Octopus customers urged to claim energy help worth up to £2,000 this winter

The British Gas Energy Trust runs two separate funds offering grants to help clear energy debt - up to £2,000 for British Gas customers and up to £1,700 for customers of any UK energy supplier

Economics

1 week ago Octopus Energy says 'it's fairer' as major change affects 5.5million customers

Octopus Energy had carried out an update on the way it deals with bills

Economics

1 week ago British Gas and Octopus confirm £150 bill savings for fixed customers

Only British Gas, E.ON Next and Octopus Energy have confirmed that customers on fixed energy deals will automatically receive the Budget savings when they kick in from April

Economics

1 week ago Millions of Brits could miss out on £150 energy bill cut in April

Only British Gas, E.ON Next and Octopus Energy have confirmed how fixed deal customers will receive the April savings

Economics

1 week ago Diageo to sell majority stake in East African beer business for £1.7bn

The Guinness owner is seeking to sell off ‘non-core’ parts of the business in order to boost its finances.

Economics

1 week ago Octopus Energy customers can now get their credit back in as little as one day

Octopus has completed one of the largest Direct Debit migrations in UK history, moving 5.5 million accounts and £12 billion of payments to GoCardless.

Economics

2 w. ago Octopus Energy confirms £134 bill cut date next year for customers

Company has confirmed that all customers, including those on fixed-term deals, will benefit from £134 yearly savings

Economics

2 w. ago How your energy provider could help you save up to £2,000 off your bill

Those struggling with energy costs and debt could get thousands in support

Economics

2 w. ago British households set to save £134 on energy bills next year with Octopus and British Gas

Energy companies will pass on savings of up to £134 per household following government policy changes

Economics

2 w. ago Octopus Energy and British Gas customers to see £134 savings next year

Octopus Energy and British Gas have confirmed they will pass on government savings to customers from April 2026, with the typical household saving up to £134 on energy bills through new policies removing legacy costs and green levies.

Economics

2 w. ago The Octopus Energy green scheme that guarantees no bills for 10 years

Signing up to this green energy scheme could mean you pay no energy bills for 10 years

Science