Tate & Lyle: $1.8bn ingredient deal to boost health of products
Tate & Lyle believes that a backlash towards ultra-processed foods will present a "big chance" for it to make…
Monthly Archives
June 2024
The Nvidia wave is sweeping the tech sector
Jensen Huang, the Nvidia CEO, has been claiming for years that data centres around the world will have to undergo a…
Investors say that Labour could borrow up to £100 billion more without causing a…
Fund managers say that a new Labour government can raise additional money from the bond market for investments…
Ocado shares plummet after Canadian grocery retailer halts robotic storage build
Ocado shares fell up to 17.6 percent on Thursday, after the UK-based grocery and technology firm announced that a…
Royal Mail is facing a new legal claim regarding bulk delivery services
Royal Mail's owner faces a new claim of £878mn for damages related to its delivery operations. This is adding to…
Philippines secretly strengthens ship at the centre of South China Sea dispute
Six people with knowledge of the operation claim that the Philippines secretly strengthened a dilapidated ship…
Everton begins exclusive talks with Friedkin Family to sell club.
The Friedkin billionaire family has entered into exclusive talks with Farhad Moshiri to purchase Everton Football…
Revolut wants to value employee shares at more than 40 billion dollars
Three people familiar with the plans say that UK fintech Revolut aims to sell shares at a valuation of more than…
TUC: Unsecured household loans set to increase by 9.4% in this year
According to an TUC report, UK households will rack up additional unsecured debts totaling more than 1,600 pounds…
OpenAI founder Ilya Sutskever announces rival AI startup
Ilya Sukseker, co-founder of OpenAI, is launching a rival AI startup focused on "building superintelligence…
Bank of England to keep interest rates at 16 year high
Bank of England will likely leave interest rates unchanged for the seventh consecutive time at its Thursday…
Spending on food, clothes and take-out is down for consumers
Even though inflation is down to 2% this year, consumers are still cutting back on their non-essential purchases,…
GMB begins balloting process for Amazon’s Coventry Warehouse
GMB officials are encouraging staff at Amazon's Coventry to "vote yes" together at the beginning of a ballot that…
Expert economists support Labour’s plan for ending economic stagnation in UK
Labour's plans to end Britain's long term economic stagnation are supported by a group of economists including…
UBS: Britain could become an ‘island’ of stability as France’s…
UBS warns that Britain could become an "island of stability" on the financial markets, as France is roiled by…
Ferrari’s first all-electric car will cost over €500,000
Ferrari is about to launch its electric car, which will cost more than €500,000.
The new model will be launched…
EasyJet, Ryanair and Brussels criticise each other in net zero row
EasyJet and Ryanair have reacted angrily to a recent decision by the EU that long haul flights would be excluded…
Bank of England accused of penalising young people by maintaining high mortgage…
One of Britain's largest housebuilders warned that the Bank of England "penalizes the young" when it artificially…