Business News

• Royal Mail takeover approved by shareholdersThe approval of the £3.6bn deal will see the 500-year institution taken over by Daniel Kretinsky's EP Group.
• Shops could be forced to accept cash in future, MPs warnThere is no data on how widely cash is accepted which puts the UK at risk of becoming cashless, a report warns.
• US economy shrinks as firms import more ahead of tariffsThe world's largest economy contracted at an annual pace of 0.3% in the first three months of 2025.
• Warning electricity meters in 300,000 homes could stop workingThose without upgraded meters could also find their heating stuck on or off, energy watchdog Ofgem warns.
• Fifty years after the war, Vietnam faces a new US threat - tariffsThe South East Asian country is on a path to prosperity. The US-China trade war could change that.
• House prices fall in April as stamp duty changes kick inThe slowdown in the market was expected due to the lowering of thresholds at which buyers need to start paying stamp duty.