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Business News- Rachel Reeves to call for rapid AI adoption and deeper ties with EU to boost growth – business live 17/03/2026Rolling coverage of the latest economic and financial newsThe number of people in England and Wales falling into insolvency has jumped.There were 11,609 individual insolvencies registered in England and Wales in February, the Insolvency Service has reported this morning. This was 18% higher than in February 2025 and 6% higher than in January 2026.The individual […]
- Saving the pint: behind the race to climate-proof beer in the US 17/03/2026Water shortages and rising heat is putting pressure on beer ingredients, but US brewers and farmers are adaptingWith St Patrick’s Day this week, millions of Americans are raising a glass. Beer remains the country’s most popular alcoholic drink with more than 6bn gallons consumed each year. But from water shortages to rising temperatures, the climate […]
- Close Brothers banking group to cut 600 jobs and roll out AI ‘at pace’ 17/03/2026Specialist lender’s shares plunge after short seller claims it will have to raise provision for car finance scandalBusiness live – latest updatesThe UK banking group Close Brothers is to cut about 600 jobs and roll out the use of AI “at pace” after posting further losses amid a mounting compensation bill for the UK motor […]
- Starbucks shareholders push to oust board members over stalled union talks 17/03/2026Board members Jørgen Vig Knudstorp and Beth Ford face scrutiny for the coffee chain’s ongoing labor dispute Starbucks shareholders are pushing to remove two board members at the company who they argue have contributed to stalling the coffee chain’s long-fought-over union drive.The SOC Investment Group, Trillium Asset Management, Merseyside Pension Fund, the non-profit Shareholder Association […]
- UK energy: about 14m households getting ‘below-average’ service 17/03/2026Ecotricity ranked top in Citizens Advice survey, followed by Outfox, Octopus and Co-operativeBusiness live – latest updatesApproximately 14 million households in the UK are receiving “below average” customer service from their energy supplier, a consumer group has warned.Citizens Advice said energy suppliers must improve their service, as its survey of 16 companies showed that half […]
- Rachel Reeves to call for rapid AI adoption and deeper ties with EU to boost growth – business live 17/03/2026