Political News
Leading MP questions potential UK supermarket buyouts
The chairman of Parliament's business committee has written to the UK's competition regulator raising concerns about private equity interest in British supermarkets after the purchase of Asda and a bid for Morrisons by buyout firms.
Sunak says banks should not pay much more tax
The chancellor indicated on Thursday he would scrap or reduce the bank surcharge to ensure banks do not pay much more when corporation tax rises.
Xi threatens foreign forces with retaliation if they bully China
China’s President Xi Jinping warned foreign forces on Thursday against bullying China or they will “get their heads bashed”.
Nissan announces £1bn investment in Sunderland
Nissan said it would build a battery factory at its UK plant as part of a £1bn investment that secures the Sunderland site's future beyond the UK's ban on new petrol and diesel vehicles in 2030.