Cazoo, a used car retailer, is poised to go into administration
Cazoo, an online car retailer,has failed to secure funding
The digital used-car business founded by the former…
Monthly Archives
May 2024
The funding of the HS2 tunnel is being questioned by some over £1bn.
High Speed 2 bosses, who will supervise its construction, are set to receive two massive drills before £1bn in…
IMF: Brexit is a warning sign that trade ties could be broken.
One of the most senior officials at the International Monetary Fund has stated that Brexit will likely have had "a…
Alstom pays €1 billion to shareholders
The French-owned company with a Derby site that supplied rolling stock to the Elizabeth Line asked its shareholders…
Bud Light boycott weighs on AB InBev sales
The boycott of Bud Light by consumers over a promotion with social media influencer Dylan Mulvaney, a transgender…
Amateur investors are on the same level as City fund managers
Figures suggest that DIY investors can achieve returns comparable to those of highly-paid City fund managers.…
Uber shares fall as legal costs hit bottom line
Uber's operating income was less than a quarter what Wall Street expected.
The ride-hailing company reported…
UK Motor Trade Cuts Sales Forecasts for Electric Cars
Private motorists are continuing to avoid the zero-emission car market.
At the beginning of the year, the…
Shell sells Singapore assets
Shell sold off its remaining chemical assets at Singapore as part of a recent effort to streamline operations and…
Google DeepMind releases AI model of living cells
Google DeepMind unveiled a model of artificial intelligence that explains the interactions of cells and life's…
Paul Marshall, the hedge fund manager who lost a case over silver from a shipwreck
A company controlled Sir Paul Marshall, a hedge fund manager, lost a court battle with the South African Government…
Apple’s latest iPads feature a ‘powerful chip for AI.’
Apple's new iPads feature what the company calls "an insanely powerful chip for AI", a sign of its growing focus on…
Saudi Aramco spends £100bn on crown prince’s desert Mirror City
Saudi Arabia's state owned oil giant, the Saudi Arabian Oil Company (SAOC), is planning to spend almost £100bn on…
How pension funds made student housing a money-making machine
Buy-to-let is doomed by purpose-built flats for Gen Z
The crumbling walls, dirt-coated appliances and crumbling…
Disney will cut Marvel film and TV production amid superhero fatigue
Disney is cutting production of Marvel movies and TV shows amid fears that the demand for their work will be…
The global debt has reached a new record high, causing a blow to the world economy
The global debt reached a record $315 trillion ($250 trillion), as China and India continued to borrow despite…
AstraZeneca pulls Covid vaccine months after admitting to rare side effects
The company says the decision was made purely for commercial reasons, as alternatives to jab have been developed.…
Scientists claim to have discovered a new form of Alzheimer’s disease.
Scientists have discovered a new genetic variant of Alzheimer's that highlights the need for specialised treatments…