Category: Business

A lot could have gone wrong when Ford decided to make a four-door electric crossover SUV and call it a Mustang, and even boldly put a pony badge on its nose. Amazingly, not much did.In fact, Ford’s engineers and designers did a fantastic job of capturing the Mustang’s muscular-feeling acceleration and good handling and packaging […]

U.S. regulators have approved a genetically modified pig for food and medical products, making it the second such animal to get the green light for human consumption. But the company behind it says there are no imminent plans to sell it for meat. The pig is genetically engineered to eliminate the presence of alpha-gal, a […]

Downing Street has watered down a key demand over post-Brexit fishing rights as part of a broader compromise, EU sources said as Germany’s ambassador in Brussels said there was a chance of a deal by the weekend. The UK dropped a push for fishing vessels operating under the UK flag to be majority British-owned in […]

The economic recovery from the Covid-driven recession will be hampered by a post-Brexit shortage of key workers including nursing assistants, senior care workers and dental nurses, the UK government’s migration advisers have warned. In its annual report, the Migration Advisory Committee (Mac) said many of the roles with the highest vacancies in the UK, such […]

The government has reignited a row over Britain’s nuclear energy ambitions by agreeing to restart talks with EDF over plans to build a reactor at Sizewell C in Suffolk. The talks could lead to the government taking a direct financial stake in the project before the end of the current parliamentary term in 2024, and […]

West End theatres are to shut after Tuesday night’s performances as London moves into tier 3 restrictions, and industry figures say the capital’s theatre sector faces “catastrophic financial difficulties”. About 30 London theatres had fully reopened this month, and some have invested thousands in socially distanced Christmas shows. Last December’s box office takings were estimated […]

Barclays has been hit with a £26m fine for poor treatment of more than 1.5 million struggling borrowers, prompting the City regulator to warn lenders over mistreating customers facing financial hardship during the Covid crisis. It is the largest fine ever issued by the Financial Conduct Authority (FCA) for a breach of consumer credit rules. […]