Business News

Richard Branson has criticised companies still operating in Russia accusing them of sustaining Russia's illegal invasion of Ukraine. 
Trade groups have warned of higher food prices and empty supermarket shelves because of new post-Brexit border fees being introduced this month.
The leading representative body for small businesses in Britain has criticised the City watchdog over its approach to a 'super-complaint' about lenders' demand for personal guarantees.
The Post Office's IT helpdesk was instructing Fujitsu, the maker of faulty accounting software, to change sub-postmaster accounts more than a decade ago, according to leaked recordings.
Network Rail has announced plans to ramp up spending on protecting railways from climate change and extreme weather – with around £2.8bn set to be invested in the next five years.
Royal Mail is reportedly investigating a problem with barcoded stamps following claims people have been wrongly fined to collect post because the stamps were deemed to be fake.
The former pensions arm of KPMG, the big four accountant, is to be put up for sale, netting a potential bonanza for its private equity backer.
Virgin Atlantic has revealed it suffered a pre-tax loss of £139m in 2023 - but is confident it will return to profit this year.
The price of oil has climbed following a Ukrainian drone strike on Russia's third-largest refinery.
Tesla has reported a sharp fall in worldwide sales amid increased competition and slowing demand for electric vehicles.

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