UK manufacturing is in contraction
Although the UK manufacturing sector contracted slower than expected in January, economists warn that output…
Monthly Archives
May 2024
Next, shrugs off the wet weather and springs back with a growth surge
Next, once again, has defied UK high-street downturn and delivered better-than expected sales growth in the first…
More councils to file for bankruptcy as debts double
Councils have increased borrowing to offset funding cuts from Westminster. This has led to warnings about further…
Mulberry warns investors about weak demand
Mulberry's boss has warned there is no end to the global downturn in luxury after Mulberry posted another drop in…
GSK increases profit forecast due to strong vaccine sales
GSK's full-year profits forecasts have been boosted by strong sales of an asthma medicine as well as a blockbuster…
The bosses say that the loss of free VAT shopping is narrow-minded.
Retail bosses warned the government about the impact of its decision to not restore VAT free shopping by foreign…
How the UK’s new border control measures will impact animal and plant…
Tuesday marks the beginning of the physical inspection of animal and plant imports from the EU after more than…
Can a Freeport “level up” the Welsh Island of Anglesey?
The Conservative Party's flagship policy of 'leveling up' regional economies in the UK takes two forms on the…
SocGen Hong Kong traders leave after risky unauthorised bets are uncovered
Last year, two Societe Generale Hong Kong traders left the group after the French bank found unauthorised…
Bank of England: UK mortgage approvals reached a 18-month high during March.
Official figures show that UK mortgage approvals reached their highest level in 18 months in the month of March.…
Duke of Westminster’s Property Group Bets on Hybrid Working
Grosvenor is the property company of the Duke of Westminster. It has made a large bet on flexible workplaces in…
Apple hires Google employees to create artificial intelligence team
Apple has hired dozens of Google artificial intelligence experts and created a secret European laboratory in…
Frasers Group acquires assets from MatchesFashion
Frasers Group bought out parts of MatchesFashion from administration. The deal did not include the stock worth £80…
Whitbread reduces 1,500 jobs after opting for hotel beds instead of dining
Premier Inn's owner has announced plans to convert underperforming restaurants into hotel rooms. This will result…
Mining firm BHP offers $25.7bn settlement for Brazil dam disaster
BHP, a mining company, has stated that it is hoping to receive a settlement of $25.7bn, or £20bn, for the Samarco…
Redbird IMI sells Telegraph after UK backlash
The United Arab Emirates-backed group that proposed a £600m acquisition of the Telegraph Group is walking away,…