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Business, relegated from the FTSE 100 share index this week, blames delays at developments

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UK housebuilder Vistry has issued its third profit warning in three months, in a year-end blow to the construction company that sent its shares to a two-year low.

The business, which was relegated from the FTSE 100 share index on Monday, now expects annual adjusted pre-tax profit of just £250m, down from previous guidance of about £300m.

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24.12.24 04:00

by theguardian.com

UK must be less dependent on China for critical minerals, says thinktank

Exclusive: Labour Together urges government to ‘de-risk’ supply chains by working with other countries

The UK must become less dependent on China for critical minerals, an influential thinktank has concluded before a government strategy decision in the spring.

In a report on rare earth minerals, which are essential components for hi-tech products from mobile phones to missiles, Labour Together said ministers should “de-risk” supply chains and reduce reliance on China by building partnerships with other countries.

China