Agriculture Italian roaster Lavazza warns that coffee prices will continue to rise. Simon Rowe Jul 10, 2024 Italian coffee giant Lavazza warned that the price of coffee will rise as climate change and shipping disruptions,…
Infrastructure Green investments to begin ‘immediately” with the new £7bn National… Simon Rowe Jul 10, 2024 The Chancellor Rachel Reeves announced that the new flagship National Wealth Fund of £7.3bn to decarbonise…
Jobs and employment Dyson will cut a quarter from its UK workforce Simon Rowe Jul 10, 2024 Dyson has cut about 1,000 jobs, which is more than one quarter of the workforce. People familiar with the…
Business Business France says goodbye to Emmanuel Macron’s pro-business agenda Simon Rowe Jul 9, 2024 After President Emmanuel Macron’s snap legislative election resulted in a hung Parliament, France’s corporate…
Pensions UK pension funds overpay fund managers by £1.5bn Simon Rowe Jul 9, 2024 According to a new analysis, UK pension plans pay fund managers £1.5bn more than necessary in fees each year. This…
Private equity Melrose corporate raiders are back with Melrose BlackRock, among the blue-chip… Simon Rowe Jul 9, 2024 BlackRock, Norges, and GIC have signed up as investors to support a listed private-equity vehicle founded by…
Companies The world’s largest oil company is betting on the power of petrol Simon Rowe Jul 9, 2024 Saudi Aramco, the world's biggest oil company, is betting that the internal combustion engines will last for "a…
Food and drink industry Carlsberg goes ‘beyond the beer’ in its £3.3bn Britvic deal Simon Rowe Jul 9, 2024 While health campaigners are happy that young people seem to prefer soft drinks over alcohol, companies who produce…
Companies Ocado robots march on to third Japanese warehouse Simon Rowe Jul 9, 2024 Ocado Group is planning to build a robotic third warehouse with its Japanese retail partners. The online…
Crypto currency Germany sells ‘Saxon Treasure’ of confiscated Bitcoin Simon Rowe Jul 9, 2024 The German government has started auctioning confiscated bitcoins worth €2.5 billion. This sale may have…
Airline British Airways is under pressure to improve after cancellations soar Simon Rowe Jul 8, 2024 After a tough year that saw its cancellation rate soar, British Airways faces pressure to improve operations just…
Politics Keir starmer starts tour of UK nations in order to’reset relations’ Simon Rowe Jul 8, 2024 Sir Keir started a tour in Scotland, Wales, and Northern Ireland, and Britain's newly appointed prime minister…
Tax HMRC withheld offshore Tax Avoidance figures for UK wealthy during election Simon Rowe Jul 8, 2024 The tax officials have been under pressure to release estimated figures about offshore taxes avoided, after they…
Companies Royal Mail continues to cut UK flights despite takingover Simon Rowe Jul 8, 2024 Royal Mail is preparing to reduce more freight flights this month. Martin Seidenberg is the CEO of International…
Investment UK to press for job guarantees in return for Port Talbot Investment Simon Rowe Jul 8, 2024 During talks with Indian-owned Tata Steel regarding the future of the Port Talbot site, the UK will insist on "job…
Manufacturing The UK’s declining naval power is reflected in the struggles at… Simon Rowe Jul 8, 2024 Harland & Wolff shipyard, Belfast, is known for building the Titanic. It was the largest passenger vessel of…
EU Labour seeks joint declaration with EU regarding wide-ranging Security Pact Simon Rowe Jul 8, 2024 The foreign secretary, David Lammy has stated that Labour wants a broad joint declaration with the EU in order to…
Nuclear General Electric and ‘Rockefellers of Uganda’ to build mini-nukes for… Simon Rowe Jul 8, 2024 A family dynasty in India nicknamed the "Rockefellers" of Uganda has joined forces with General Electric to propose…