24 h. ago Tesla loses title as world's biggest electric vehicle maker as sales fall for second year in a row

Tesla lost its crown as the world’s bestselling electric vehicle maker on Friday as a customer revolt over Elon Musk’s right-wing politics and stiff overseas competition pushed sales down for a second year in a row

Politics

26 h. ago Brighton Pier put up for sale as visitor numbers at 'national treasure' fall

Knight Frank has been appointed by Brighton Pier Group to handle the sale of the 127-year-old pier

Politics

28 h. ago Brighton Palace Pier up for sale as owner, and former Pizza Express boss, slashes value amid falling popularity of British seaside attractions

The seaside attraction, which opened in 1899, has been owned by Pizza Express entrepreneur Luke Johnson's Brighton Pier Group for the last decade.

Economics

29 h. ago Beloved UK chippies 'could be gone in 5 years', industry boss warns

The head of Britain's fish and chip shop industry says rising costs and falling sales are to blame

Events

29 h. ago Brighton’s historic Palace Pier up for sale as tourist numbers fall

BPG hopes to find buyer for Grade II-listed structure by the summer after slump in profits and rising costsBrighton’s historic Palace Pier has been put up for sale after a decline in tourist numbers, a drop in profits and increase in costs in recent years.The leisure group that owns the 126-year-old structure, which has appeared in famous films including Brighton Rock and Quadrophenia, said it hoped to find a new owner by the summer. Continue reading...

Politics

2 d. ago Tesla publishes analyst forecasts suggesting sales set to fall

Tesla endured tough year in part thanks to some consumers’ distaste for Elon Musk’s embrace of rightwing politicsTesla has taken the unusual step of publishing sales forecasts that suggest 2025 deliveries will be lower than expected and future years’ sales will be well below targets set by its chief executive, Elon Musk.The US electric vehicle maker published figures from analysts suggesting it will announce 423,000 deliveries during the fourth quarter of 2025, in a new “consensus” section on its investor website. That would represent a 16% decline from the final quarter of 2024. Continue reading...

Politics

1 week ago Scottish whisky market slides into supply glut amid falling sales and US tariffs

Global sales fall by 3% in third consecutive year of decline as distilleries scale back production or expand storageThe Scottish whisky market has slipped into a supply glut as US tariffs and falling demand weigh on the country’s distilleries.Global scotch sales fell 3% in the first half of 2025, marking the third consecutive year of decline after decades of growth, according to the alcohol data provider IWSR. Continue reading...

Economics

1 week ago Tesla sales fall across Europe again as BYD surges; Ryanair to appeal €256m fine from Italy’s competition authority – business live

Rolling coverage of the latest economic and financial newsStocks are sneaking up a little in London this morning, but we can’t really call it a Santa Rally yet.The FTSE 100 share index has gained 14 points, or 0.14% to 9880, back towards last Friday’s near-record closing high of 9,897 points.Ryanair, Europe’s No.1 airline, today (Tues, 23 Dec) instructed its lawyers to immediately appeal both the bizarre/unsound ruling and the €256m fine, unjustly levied by the Italian Competition Authority (AGCM), which seeks to ignore – and overturn – the Jan 2024 Precedent Ruling of the Milan Court, which declared that Ryanair’s direct distribution model “undoubtedly benefits consumers” and leads to “competitive fares”. Continue reading...

Economics

1 week ago Tesla sales fall across Europe again as BYD surges; Ryanair fined €256m by Italy’s competition authority – business live

Rolling coverage of the latest economic and financial newsToday’s European car sales data shows that hybrid-electric cars (which have a fossil fuel engine and a rechargable battery) account for 34.6% of the total EU market this year.Since January, 3,408,907 hybrid-electric cars have been registered in the EU, with growth in the four biggest markets: Spain (+26%), France (+24.2%), Germany (+8.7%), and Italy (+7.9%). Continue reading...

Economics

2 w. ago Retail sales dip unexpectedly in November as Black Friday fizzles

The Office for National Statistics said the total volume of retail sales is estimated to have fallen by 0.1% in November.

Politics

2 w. ago Falling sales at Stella McCartney fuel fears over fashion label’s future

Directors blame ‘challenging market conditions’ as losses widen from £25m in 2024 to £33m Sales at Stella McCartney’s fashion label sank by more than a quarter last year tipping it further into the red and adding to fears it could run out of money by 2028.Pre-tax losses at the British brand led by the daughter of former Beatle Sir Paul McCartney widened to £33.6m in 2024 from £25m the year before, while sales fell 27% to £16m, according to accounts filed at Companies House. Continue reading...

Politics

2 w. ago Gin and whisky from Scots distillery branded 'unsafe' in Christmas present warning

Consumers have been warned not to drink any of the products.

Events

3 w. ago Owning your own dram: Annandale distillery offers a unique and personal whisky cask experience

Buying a whisky cask at Annandale Distillery is an increasingly popular way for enthusiasts to own a unique piece of Scottish whisky history and craft a spirit precisely to their own taste. This guide explains how whisky cask ownership works and why Annandale’s personal programme stands out.

Politics

3 w. ago Fast food chain Leon will shut restaurants and axe jobs after appointing administrators as its boss blames hospitality industry's 'unsustainable' tax burden

Leon, which employs 1,120 staff, has grappled with falling sales recently and complained of a 'challenging' economy in its latest accounts.

Society

3 w. ago Oil market faces ‘super glut’ as supply surge hits prices, Trafigura warns

Commodities trader says burst of new supply coming online will collide with reduced demand growth

Events

3 w. ago Public urged to stay away after ship containers of bananas wash up in West Sussex

Receiver of wrecks says finds of perishables do not have to be flagged, but council asks for space for clean-up operationIt isn’t quite Whisky Galore! – the classic British film in which residents of a Scottish island attempt to pilfer 50,000 cases of spirit from a shipwreck.Rather than the prospect of finding a warming dram or two, people on the south coast of England have been coming across bunches of bananas after containers fell off the back of a ship and washed up on beaches in West Sussex. Continue reading...

Politics

3 w. ago Don’t go bananas: UK public told to stay away as ship’s fruit cargo washes up

Bunches appear on West Sussex beaches after containers fell off ship, but council asks for space for clean-upIt isn’t quite Whisky Galore! – the classic British film in which residents of a Scottish island attempt to pilfer 50,000 cases of spirits from a shipwreck.Rather than a warming dram or two, people on the south coast of England have been finding bunches of bananas from containers that fell off the back of a ship and washed up on beaches in West Sussex. Continue reading...

Transport

3 w. ago UK mortgage rates fall to lowest since September 2022; China’s trade surplus hits $1tn – business live

Trade data shows China’s exports topped forecasts in November, driven by a surge in shipments to non-US marketsBack in China, car sales have fallen for the second month running.Retail vehicle sales fell about 8% to 2.1 million units in November, according to data published by the China Passenger Car Association today. This shows a 22% slump in sales of gasoline cars, with new-energy vehicle sales rising 4.2% for the month.“Usually the trend at the end of the year is that the car market should get stronger and stronger from October. But the retail sales in November compared to previous years is unusual.”“Mortgage rates continue on the downward trend and November was particularly fruitful for fixed rate cuts.The re-pricing by lenders led to the average five-year fixed rate dropping below 5% for the first time in over two years and sits at its lowest point since before the ‘mini-Budget’ in September 2022, alongside its two-year counterpart. Continue reading...

Economics

last month The small Scottish village hosting 'DramFest' Christmas whisky festival

There is fun to be had for the whole family, including a festive market.

Politics