Novo Nordisk is Europe’s most valuable business
Novo Nordisk, the Danish pharmaceutical company, has for the first ever become Europe's largest company by closing…
Yearly Archives
2023
Apple and Microsoft clash over iMessage, Bing and the EU’s ‘gatekeeper…
Apple and Microsoft have complained to Brussels that their services are not popular enough to qualify as…
Rishi Sunak’s AI Lab scrambles to get more power
The British government is scrambling to find extra electricity capacity in the area where it plans to house its…
P&O Ferries market share is eroded due to competition from low-cost operators
P&O Ferries lost ground on the UK freight market after it was purchased by its Dubai-based owner. A new…
Scientists warn that UK’s Long Covid Research is threatened by regulator…
Scientists warn that delays in the UK's medicine regulator could mean that an important trial to find ways to treat…
Energy supplier tries to overturn the new Financial Resilience Rule
After a number of failures, a leading British household electricity supplier wants to reverse new rules that were…
Which sectors are leading the UK wage increase?
The Bank of England is under pressure to raise interest rates further as UK wages are increasing at the fastest…
Central banks delaying rate cuts has made economists more pessimistic about 2024
According to economists, the global economy is expected to slow down next year due in part to persistently high…
LSE Group plans to launch a digital asset business based on blockchain technology
The London Stock Exchange Group is planning a new digital market business. They claim that it will be the first…
Chinese lenders provide billions to Russian banks following Western sanctions
Chinese lenders extended billions of dollars in loans to Russian banks during the first year after Moscow invaded…
BAE, the British defence company, opens up Ukraine to build artillery
BAE Systems, maker of UK Navy warplanes and ships, has signed an agreement that will allow British-designed…
France accuses Unilever of refusing price reductions
Unilever Nestle Pepsico have been accused by the government of Emmanuel Macron for refusing to pass on lower prices…
M&S brings UK High Court case over blocked rebuilding of London flagship
Marks and Spencer launched a legal challenge at the High Court last month against Michael Gove’s decision to…
What does Stagflation mean for the UK economy?
The UK data over the last month has presented a contradictory image. The second quarter saw a faster growth than…
In August, foreign investors sold China shares in record numbers.
Foreign investors sold record amounts of Chinese shares in August, as Beijing's piecemeal measures to support the…
Junior doctors join NHS consultants on strike in England
The first coordinated strike by both groups in the 75-year history of the NHS will see junior doctors join…
The future of nuclear power is in danger
Sam Altman (in)famous OpenAI founder posted on social media a picture of an elegant A frame wooden building in a…
Bank of England top economist: UK interest rates will not continue to rise.
The Bank of England chief economist indicated that he would vote to maintain interest rates at the current high of…