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The owner of Royal Mail has said it received a fillip from parcel deliveries over Christmas, putting it on track to return to annual profit, as its £3.6bn takeover by the Czech billionaire

Daniel Křetínský

nears completion.

International Distribution Services (IDS) said Royal Mail delivered more than …

Great Britain’s energy system operator has been forced to block new electricity projects from joining the decade-long queue for a grid connection, to stop the growing logjam from delaying vital green developments.

The National Energy System Operator (Neso) says it plans to use the “short pause” to overhaul application rules …

Currys has announced it is to bring in more automation and that it is entering a period of “depressed hiring” after changes to employers’ national insurance, though it said the consumer environment “perked up” over the festive period with shoppers snapping up coffee machines and AI-enabled laptops.

The electrical goods …

Troubled Thames Water has threatened to increase the salaries of its executives if the industry regulator sees through on plans to

limit bonuses for the bosses of water companies

.

The company, which serves more than 16 million customers across the London area and the Thames valley, is …

South Africans were still celebrating their side’s passage into the World Test Championship final, secured after the fast bowler Kagiso Rabada cosplayed as Brian Lara in a

nerve-jangling two-wicket win

against Pakistan, when Michael Vaughan sought to pour cold water over the parade.

Speaking on Fox Cricket …

Global leaders have said that escalating armed conflict is the most urgent threat in 2025 but the climate emergency is expected to cause the greatest concern over the next decade, according to the World Economic Forum.

Ahead of its yearly gathering in the Swiss ski resort of Davos next week, …

December’s

unexpected decline in the inflation rate

, to 2.5%, is a fillip for the chancellor, Rachel Reeves, opening the way for an interest rate cut next month.

While much of the bond market sell-off in recent days has been driven by global concerns, part of it related …

On 27 September last year,

three climate activists were arrested

for

throwing soup over

Sunflowers

by Vincent van Gogh at the National Gallery. The Just Stop Oil protest landed on the national front pages. But will the action help further the activists’ cause to end …

UK inflation unexpectedly fell in December, handing some breathing space to the chancellor, Rachel Reeves, after

a week of turbulence in financial markets

.

With the government under pressure on the economy, figures from the Office for National Statistics showed the consumer prices index eased to 2.5%, below …

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