
Ørsted shelves major UK offshore windfarm project in blow to green energy goals
Danish energy giant Ørsted has cancelled the Hornsea 4 windfarm due to rising costs and interest rates, dealing a significant setback to the UK’s renewable energy…
Jamie Young is Senior Reporter at Business Matters, covering SME finance, employment law and Westminster policy since 2016. He has reported on every Budget and Autumn Statement since 2018, helped make sense of the 'covid era' and the bounce-back loan scheme from launch through the fraud investigations, and broke the magazine's coverage of the 2024 late-payment reforms. He joined Business Matters straight from completing his BA in Administration from Exeter University and is NCTJ-qualified. Reach him at jyoung@cbmeg.co.uk

Danish energy giant Ørsted has cancelled the Hornsea 4 windfarm due to rising costs and interest rates, dealing a significant setback to the UK’s renewable energy…

Farmers report early crop failures due to the driest spring in 69 years, as reservoirs run low and the Environment Agency warns of hosepipe bans and…

British Steel begins hiring 180 new workers following government intervention to save 2,700 jobs, with production ramping up across key sites including Scunthorpe and Teesside.

The Bank of England lowers rates to 4.25% as it warns of weaker UK growth due to Trump’s tariffs. Analysts expect further cuts as inflation eases…

Nearly 300,000 people filed their Self Assessment tax returns in the first week of the new tax year — the highest number ever recorded during the…

Amazon introduces Vulcan, a robot with a sense of touch, marking a major breakthrough in warehouse automation — raising hopes for efficiency and fears over job…

UK investors pulled £1.2bn from bond funds in April — the fastest outflow in five years — as Trump’s tariff war and rate cut expectations shake…

Three in five UK companies say rising and unstable energy costs are hindering growth, as high prices and carbon taxes put British industry at a global…

Blick Rothenberg warns HMRC’s latest anti-scam campaign risks confusing taxpayers by mislabelling tax evasion and fraud as tax avoidance, which is legal and legitimate.

Trump’s global tariff war may have accelerated UK-India trade talks, according to Blick Rothenberg, as businesses push for post-Brexit deals to ease cross-border friction.

Consumer confidence drops to -53 — the lowest since December 2022 — as fears over Trump tariffs, Ukraine war, and UK tax hikes weigh heavily on…

Netflix, Amazon and major studios slide on Wall Street after Trump vows 100% tariffs on films made overseas, threatening Hollywood’s global production model.

Ministers to hold talks with bank chiefs over improving SME lending, as loan approval rates fall and concerns grow over unfair banking practices and debanking of…

US GDP shrank 0.3% in Q1 2025, driven by a surge in imports ahead of Trump’s tariffs. Analysts warn of recession risks as growth forecasts are…

UK interest rates are forecast to fall by up to 1% over six months — the fastest drop since the 2008 financial crisis — as the…