Rail industry FirstGroup, a rail company, plans to increase Lumo services at a reduced price Simon Rowe Jun 12, 2024 FirstGroup the British transport operator applied for two additional "open access" services, outside of the main…
Retail Four major UK supermarkets accused by the UK of misleading claims about… Simon Rowe Jun 12, 2024 The best thing since sliced toast. The smell of hot baked goods attracted shoppers who preferred a more fresh…
Retail Two former BHS Directors ordered to pay at minimum £18m for wrongful trading Simon Rowe Jun 12, 2024 The two former directors of the BHS department store chain have been ordered by the court to pay at least £18m for…
Companies British company accused of providing NHS with ‘faulty Covid tests’… Simon Rowe Jun 12, 2024 A British biotech company that produced thousands Covid-19 tests for the pandemic agreed to pay £5m in settlement…
Business Neil Woodford’s former team of stock pickers disbanded when demand for… Simon Rowe Jun 12, 2024 The dissolution of the investment team led by Neil Woodford, whose London-listed stocks have been losing interest.…
Banking Tax increases are inevitable because of the losses from quantitative easement Simon Rowe Jun 11, 2024 Goldman Sachs warned that tax increases are "inevitable", as the legacy of quantitative ease from the Bank of…
Brexit The euro falls to its lowest level in two years against the pound, as EU is still… Simon Rowe Jun 11, 2024 The pound rose to its highest level in nearly two years against the euro today, after populist gains in the EU…
Retail London listing of Boots canceled by American parent Simon Rowe Jun 11, 2024 Boots, owned by the American pharmacy chain CVS, has canceled plans to list the high-street retailer on the London…
Drug research Eli Lilly’s Alzheimer’s drug receives support from US advisory panel Simon Rowe Jun 11, 2024 Eli Lilly's Alzheimer's treatment donanemab is getting closer to US approval after an independent panel of…
UK Tax HMRC to crackdown on private equity and professional service firms Simon Rowe Jun 11, 2024 The UK tax authority has launched a crackdown against businesses operating as limited liability partnership. This…
AI Apple will debut ‘Apple Intelligence,’ a new version of Siri with… Simon Rowe Jun 11, 2024 Tim Cook, Apple's CEO, announced Monday a series generative artificial-intelligence products and services during…
Economy Analysis shows that UK unemployment is rising faster than any other OECD country. Simon Rowe Jun 11, 2024 According to a report by the Trades Union Congress, the UK has the highest rate of unemployment among the 38…
Banking JP Morgan says that a Labour victory in the election would be a ‘net… Simon Rowe Jun 11, 2024 In an analysis which highlights the appeal of Keir Starmer’s “centrist platform” to the City of London, strategists…
Automotive Volkswagen sells solar panels to charge electric cars Simon Rowe Jun 11, 2024 Volkswagen will begin selling solar panels along with electric car chargers. The company claims that this move will…
Airline Virgin Atlantic abandons Heathrow’s third runway and returns to Gatwick Simon Rowe Jun 11, 2024 Airline to grow revenue by 20pc after emerging from Covid 'valley' of death Virgin Atlantic, owned by Sir…
Retail Shein misses out on FTSE 100 position Simon Rowe Jun 10, 2024 Shein will miss out on a spot in the UK benchmark FTSE 100 Index as City investors start scrutinising one the…
Companies The streaming giants will soon become their worst enemies Simon Rowe Jun 10, 2024 Good times can only last as long as the customers continue to pay higher prices Lord Thomson, a Canadian media…
Stockmarket Ashtead, a FTSE-listed company, is considering a £25bn transfer to the US as a new… Simon Rowe Jun 10, 2024 One of Britain's most prominent blue-chip firms is considering a move from London to New York, which would be the…