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Harbour Energy shares slump as it swings to loss amid windfall tax hit
By City AM
Harbour Energy shares slumped more than 11 per cent on Thursday as the North Sea producer swung to an annual loss and warned over the impact of the º£½ÇÊÓƵ's windfall tax.
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Plans for ten wind farms across Wales secures £600m funding boost
Ed Miliband
The project includes Twyn Hywel which has already been approved and nine more wind farms are still awaiting planning permission, forming part of a £3bn onshore wind portfolio
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Gatwick expansion 'rationale not impacted by Heathrow third runway' aviation regulator says
By City AM
The Civil Aviation Authority (CAA) has put its weight behind Gatwick Airport's proposals for a second runway
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º£½ÇÊÓƵ and India relaunch trade talks in New Delhi, aiming to boost economic ties
By City AM
The º£½ÇÊÓƵ has relaunched talks on a free trade agreement (FTA) with India, with trade secretary Jonathan Reynolds in New Delhi to resume negotiations
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Fears there may not be enough builders for area to hit housebuilding target
Labour Party
North Somerset Council is consulting on where new homes in the area should be built to meet the Labour government's mandatory target of 23,895 homes by 2040
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º£½ÇÊÓƵ government borrowing hits fourth highest level on record in blow for Rachel Reeves
The Budget
The government recorded a monthly surplus of £15.4bn in January, according to figures from the Office for National Statistics, but this was £5.1bn short of the £20.5bn surplus anticipated by the Office for Budget Responsibility
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Welsh Government budget deal with Liberal Democrats
Conservative Party
The Welsh Government's £26bn budget been backed with Welsh Liberal Democrat leader Jane Dodds following a £100m concession deal
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Councillors back plan for 'largest development of its kind north of Manchester'
North West
St Cuthbert's Garden Village is expected to take between 30 and 40 years to deliver
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Energy firm wins appeal to build HUGE battery storage facility
Labour Party
Voltis, also known as O&G Solar, can now build a 35 mega watt storage facility which will store excess energy during periods of low demand
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Museum funding will ensure Liverpool stays 'a world-leading cultural destination'
Museums
New entrance plans at International Slavery Museum were approved last year
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Labour Minister defends workers' rights bill, asserts benefits for business and employee security
By City AM
Employment minister Justin Madders said that the package of workers rights legislation would aid firms in "treating their workforce well" and "doing so is good for business"
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HS2 labour supply company Hercules Site Services sells off subsidiary for £2.4m
Deals
The Gloucestershire-headquartered company has told investors the deal will reduce its debt
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Portishead railway line to reopen with two new stations after government gives go-ahead
Transport
The line was closed in 1964 during the Dr Beeching cuts
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Cornwall Airport's finances under scrutiny after transport hub makes £4.3m profit
Company Results
MPs have branded owner Cornwall Council's behaviour as 'smoke and mirrors' accounting and a 'cover-up culture' as it tries to find a private funding partner
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Hopes for North Wales nuclear plant as º£½ÇÊÓƵ Government vows to slash red tape and build more plants
Economic Development
The º£½ÇÊÓƵ Government is pledging to support the creation of thousands of highly skilled jobs by reforming planning rules to make it easier to build new nuclear reactors
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Bank of England cuts interest rates to 4.5% as it slashes growth forecast
Labour Party
The Bank's Monetary Policy Committee (MPC) voted for a quarter-point reduction after similar cuts in August and November last year, bringing the base rate to its lowest point since June 2023
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The Greater Manchester station set to become a key 'growth location'
North West
The government is working with Greater Manchester leaders to release land around transport hubs to kickstart development
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º£½ÇÊÓƵ hospitality sector reels from Labour's budget despite global economic shifts
By City AM
The º£½ÇÊÓƵ's hospitality industry was left reeling following the October budget, which announced a hike in employer national insurance contributions (NICs)
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Forget Heathrow expansion we need to create new hub airports in places like south Wales
Labour Party
A new international hub airport at Severnside would provide a huge boost to the Welsh economy
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Five policies that Chancellor Rachel Reeves hopes will fire up the economy
By City AM
This week has been all about driving economic growth, with Chancellor Rachel Reeves announcing a series of measures that she hopes will end more than a decade of stagnation
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AstraZeneca halts vaccine plant expansion citing insufficient government support
Pharmaceuticals
The pharmaceutical giant said it was no longer pursuing a £450 million investment in a vaccine manufacturing plant in Merseyside after discussions with the Government
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'Businesses still concerned about Budget' despite Rachel Reeves' growth plans
Labour Party
Rachel Reeves' speech to the CBI on Wednesday was well received by many business groups, but they warned that measures in the October Budget will still weigh on companies
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Next boss Simon Wolfson leads Lords charge against National Insurance hike
By City AM
Lord Wolfson has supported amendments to the bill which have been tabled by Baroness Noakes, who is a former Conservative Treasury minister
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Chancellor confirms government's support for Heathrow third runway in speech on growth
By City AM
In a speech on growth, the Chancellor told journalists, business leaders and cabinet ministers that the government would support a third runway at Heathrow
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