Get the app →
BriefTea logoBriefTea

Every story in sixty words

Business · 24 December 2025

BP sells 65% of Castrol lubricants business to Stonepeak for $6 billion in debt reduction drive

BP sells 65% of Castrol lubricants business to Stonepeak for $6 billion in debt reduction drive

UK retailers have launched extensive Christmas promotions, with major chains offering up to 70% discounts to attract cost-conscious consumers dealing with economic pressures. Black Friday sales began in late November, and in some cases earlier, across retailers like Boots and Superdrug, with festive promotions continuing into December. Following recent monetary policy easing, Britain's leading share index is trading near its all-time high of around 9,900 points, having experienced modest holiday-period gains in December.

Reported by Theguardian · How we write briefs

More briefs

BusinessIceland supermarket boss tells the Chancellor to cut business taxes for employers BusinessNorwich trains face disruption in September and October for rail works BusinessEngland's free bus pass age will rise to 67 by April 2028 BusinessBritish tourist visits to Japan up 40.8% since 2019 TechnologyGoogle paying £260m to settle UK Play Store developer lawsuit BusinessSnack makers warn new UK rules could undo years of reformulation work More business stories → Browse all stories →