August 04, 2021

Business

Millions of motorists are being hit in the pocket as petrol prices reach an eight-year high after nine successive months of hikes, latest RAC figures show.

The staycation frenzy gripping Britain's tourism industry is spurring a £600m merger of two of the country's biggest holiday park operators.

The London-listed owner of The Hut Group, the health and beauty e-commerce giant, will this week unveil the latest instalment in a blizzard of industry dealmaking: a £275m takeover of Cult Beauty.

A watchdog has released a "red list" of 20 package holiday providers that people are advised against booking a trip with.

A business lobby group has demanded the economy is allowed to "live with COVID", while warning that continuing restrictions mean the travel industry is in the "last chance saloon".

McLaren Group is to sell its technology arm to a private investment firm in the latest stage of its bid to refocus on its core motorsport and supercar manufacturing operations.

A UK businessman with precious stock on the container ship Ever Given has spoken of his relief that the ship has finally arrived in the UK, four months later than scheduled.

Major financial firms, including the British insurer Prudential and UK banking giant HSBC, are behind plans to speed-up the closure of Asia's coal-fired power stations in the face of the climate crisis.

Major financial firms, including the British insurer Prudential and UK banking giant HSBC, are behind plans to speed up the closure of Asia's coal-fired power stations in the face of the climate crisis.

PepsiCo has agreed a $3.3bn (£2.4bn) deal to offload a majority stake in Tropicana and other juice brands.

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