UK Business

Nissan has hailed the Brexit deal, saying the agreement will give it a "competitive advantage" as it committed to produce new electric vehicle batteries at its Sunderland plant.

Next has pulled out of the bidding for TopShop as the auction of Sir Philip Green’s former high street empire enters its closing stages.

Almost 10,000 licensed premises - including pubs, clubs and restaurants - closed permanently last year as the coronavirus crisis hammered the hospitality sector, according to new figures.

Nissan says it is to "pause" a production line at its Sunderland plant on Friday because of coronavirus disruption.

Bars and restaurants should stay shut until May, a government adviser has said.

Freight traffic between Britain and the EU is down almost a third following the end of the Brexit transition, with new red tape and soaring transport costs prompting some small firms to suspend exports to the continent.

Nine million people had borrowed more money during the coronavirus pandemic by the end of last year, according to official figures.

Cineworld is facing a furious investor backlash next week over plans to hand its top executives more than £30m in share awards despite it receiving taxpayer funding to help it survive the pandemic.

Ladbrokes owner Entain has appointed Jette Nygaard-Andersen as the first female chief executive of a major listed British gambling group.

Over-50s holiday and insurance specialist Saga is to require customers to be fully vaccinated before boarding cruises, the company has announced.