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The latest national business headlines

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Here are some of the top business stories making the national headlines.

UK borrowing costs hit highest for 18 years as uncertainty over PM continues

Government borrowing costs jumped on Tuesday amid uncertainty over the future of Prime Minister Sir Keir Starmer. Read more via BBC News

E.ON agrees to buy Ovo in deal to create UK’s biggest energy supplier

Acquisition would result in combined company serving about 9.6 million households if given regulatory approval. Read more via The Guardian

British Steel to be nationalised ‘to make Britain stronger’ says Starmer

Unions are backing the plan to save Scunthorpe steelworks. The plant is already administered by government but has not been fully state owned. Read more via Sky News

Rolls-Royce secures nearly £600m in UK government cash to develop small reactors

Engine-maker CEO hails ‘critical milestone’ for company in race to deliver SMR technology built at Wylfa plant on Anglesey. Read more via The Guardian

Tom Hammersley

Senior Content and Social Media Lead at Staffordshire Chambers of Commerce.

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