Biznes

Production work may begin on Britain's largest unexploited oil and gas field, the regulatory authority NSTA announced today. It is estimated that the Rosebank field in the North Sea holds 500 million barrels of crude oil.more

Water companies have been ordered to pay back £114m to customers through lower bills after missing key targets. more

The cost-of-living crisis has changed shopping habits for good, according to the boss of Aldi in the UK and Ireland. more

Russian oligarch Roman Abramovich amassed a collection of 367 paintings worth $963 million, with his ex-wife Dasha Zhukova as its majority beneficiary just before the Russian invasion of Ukraine, the British newspaper 'The Guardian' revealed yesterday, based on leaked documents.more

Peers have passed a controversial new law aimed at making social media firms more responsible for users' safety on their platforms. The Online Safety Bill has taken years to agree and will force firms to remove illegal content and protect children from some legal but harmful material.more

Strawberries symbolize summer best, this is the opinion of more than half of Poles (56%). The next places are cherries (45%) and raspberries (44%). Among the fruits, we most often see cherries, blueberries, gooseberries, red and black currants as such symbols. Among the vegetables, the symbols of summer for Poles are cucumbers (26%) and green beans (23%).more

Two pubs a day have disappeared in England and Wales in the first half of the year, according to government statistics. Figures showed that 230 pubs vanished in the three months to 30 June - an increase over the previous quarter when the doors to 153 pubs shuttered. It means 383 pubs were demolished or converted for other uses between January and June.more

A new report by online bank Revolut shows that consumers on the Green Island "spend more, but remain cautious and are far from being extravagant." It was added that there are many indications that the domestic trade is "experiencing a boom" and can count on significant profits again.more

The loss of duty-free shopping, according to independent designer Edeline Lee, who established her namesake brand in 2013 and creates all of her clothing in the UK, makes it more challenging for small British businesses to compete with their European competitors.more

Already 93 per cent of companies in Poland use the hybrid working model, writes today's 'Puls Biznesu'. To optimise costs, they are increasingly willing to choose flexible offices, the newspaper adds.more

The Range has sealed a deal to buy Wilko’s brand, website and intellectual property after the high street chain tumbled into administration. Wilko’s name will not disappear from high streets for good as a result of the deal, with The Range confirming that it will sell Wilko products “in-store”.more

When Russians shop in Moscow, they hardly notice Western sanctions. You can still find German goods in stores. Russian consumers can choose from a wide range of products at prices, in some cases even lower than in Germany, according to research conducted by SWR.more

Ninety-two percent of business executives are concerned about the risks associated with implementing AI-based solutions, according to KPMG's report "Generative AI: From buzz to business value." Sixty percent see artificial intelligence as an opportunity to increase productivity and revenue, it added.more

If the Unilever corporation really wants "a world with more joy," why does it continue to fill Vladimir Putin's arsenals, British 'The Observer' asked. As it notes, the taxes Unilever pays in Russia allow it to buy 39 cartridges every second, yet it brags about how ethical its products are.more

Royal Mail is seeking to axe Saturday letter deliveries after the regulator promised to review the postal service’s six-day week amid a scramble to cut costs.more

Airlines could face a crackdown on hidden fees, as part of a new government plan to improve transparency for people shopping online. A public consultation will look at ways to clamp down on firms that add necessary charges at checkout, bumping up the final price.more

Retail sales rose in August as customers "splurged on self-care", new figures suggest. more

Although it seems hard to imagine at the moment, a scenario in which Germany would stop producing cars on a mass scale is not at all impossible, writes the British weekly The Economist. The effects of such a situation would go far beyond the auto industry, it adds.more

Poland is the third largest chocolate exporter in Europe, and the chocolate sweets market is growing, both in terms of value and quantity - according to a new report by the E.Wedel group.more

Heineken has finally withdrawn from Russia and sold its assets, including 7 breweries, for 1 euro, the Dutch company said. The company was previously criticized for continuing to operate and introducing new products to the Russian market over a year and a half ago, despite announcing its withdrawal from Russia.more

For the sixth consecutive quarter, the number of bankruptcy filings by EU companies increased in 2023. Compared to the previous quarter, the number of insolvencies rose by 8.4 per cent and thus reached its highest level since data collection began in 2015, Eurostat reported.more

The UK economy has struggled at various times, from too much trade union influence to short-sighted management prioritizing profits over investment and an education system that did not supply enough scientists and engineers.more

Virtually all small businesses in Ireland – 90pc – are struggling to fill vacancies with qualified staff, according to the results of a survey published this morning by Chambers Ireland. more

British companies are "afraid of trading with Ukraine" because of the threat of closing their bank accounts. According to Politico, banks often close the accounts of British companies that trade with Ukrainian companies, due to concerns about money laundering.more

The inhabitants of Belgium are indisputably the richest people in the world, according to the latest Global Wealth Report. Half of Belgian adults have assets worth more than €228,000. euros, and in this country with 12 million inhabitants, as many as half a million people meet the definition of a millionaire.more