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Business News
- Reeves plans 'targeted action' on bills in BudgetThe chancellor is planning moves to help households with the cost of living in the Budget.
- Major UK rare earths refinery scrapped in favour of USThe project would have given the UK a strategic foothold in the rare earths industry.
- UK economy grew slightly in August ahead of key BudgetThe 0.1% growth follows a slight contraction in the economy during July, official figures show.
- Betting firm Paddy Power to close 57 shops in UK and IrelandIts parent company said affected staff would be "offered redeployment opportunities where possible".
- Nestle to axe 16,000 jobs as new boss pushes to cut costsThe cereal-maker's new boss says he wants to instil a "performance mindset" and prioritise earnings.
- Netherlands' renewables drive putting pressure on its power gridHomes asked to use less electricity as network is overloaded by the rush to wind and solar power.