Business

Workers at the Honda factory were given the day off today after receiving confirmation that they will lose their jobs by 2021.

The Chancellor Philip Hammond was expected to be on his way to China this weekend to discuss trade. The official line from the treasury is that no trip was ever announced or confirmed.

The Prime Minister has once again backed the Transport Secretary Chris Grayling as he faced further criticism in parliament over the awarding of a contract to provide ferries in the event of a no-deal Brexit to a company with no ships. Theresa May insisted that due diligence was carried out before start-up company Seaborne Freight…

Airbus has issued its starkest warning yet over Brexit, saying it could move manufacturing out of the UK in the event of a No-deal. We spoke to people in Broughton, home of the company’s biggest UK plant, employing some 6,000 people. The area voted 56 per cent in favour of leaving the EU in the…

A major nuclear power project in North Wales has collapsed because of massive borrowing costs, which the Japanese firm Hitachi couldn’t afford – and the British government would only partially cover. This programme has been told that Hitachi needed to borrow £9 billion for the project to succeed. But the company calculated it would have to fork out another…

A no-deal Brexit would create a “1930s-style contraction” according to the head of UK Finance, which represents banks and financial services.

Britain’s biggest car maker has announced it will axe more than 4,000 jobs – and says Brexit is a factor in the decision. Most of the job cuts at Jaguar Land Rover will come from its UK workforce. The slump in demand for diesel cars and a slowdown in China have also been blamed. It’s…

More details of government no-deal contingency plans are emerging – like the £107 million earmarked for ferry companies to increase freight capacity.

News of no-deal ferry contracts slipped out by the government on Christmas Eve will come as no surprise to the shipping industry. Behind the scenes, under the strictures of government non-disclosure agreements, there has been fierce lobbying from ferry companies who were fearful that a government-run fleet would effectively undercut their businesses. The announcement of…

A Government commissioned report into how to revive Britain’s high street says we have too many shops. It says that communities should think creatively about how to turn town centres into spaces everyone can share. 

Watch a special extended Channel 4 News tonight as Conservative MPs vote on whether they want Theresa May to continue as Prime Minister or not. Will she gain the 158 votes she needs to survive?

The Chancellor Philip Hammond has said the announcements in tomorrow’s budget will only apply if there’s a Brexit deal. Failure to secure agreement with the EU would demand a “different response”, he said, but he promised there are reserves available if that happens.

Twenty-nine Nobel laureates, six of the world’s top mathematicians, and the biggest biomedical research lab in Europe are all warning about the potential Brexit brain drain and the damage that could cause to scientific research if there’s no deal. And this programme has learnt that the private healthcare provider BUPA is considering shifting a part of its operation…

Earlier this year, Channel 4 News and the Observer revealed allegations that the now-closed data firm Cambridge Analytica was behind a data grab of tens of millions of Facebook profiles. This week, members of the European Parliament vote on a report recommending new measures in response to the scandal. Today, MEPs condemned the social network, with Labour claiming that disinformation,…