Boots, the struggling US-owned chemist chain, has for the second consecutive time abandoned plans to sell its multi-billion pound assets. This puts the high street chemist in danger of further cuts on investments. Walgreens has abandoned its plans to cash out Boots after it issued a profit warning that was damaging on Wednesday. After the […]

The machines have already surpassed humans in a number of areas, including chess and bird identification. They can also predict complex protein structures. When it comes to really clever and intuitive things, such as original scientific research or chess, humans still like to believe that they have the edge. It’s possible that we need to […]

The head of Britain’s biggest business organization has warned that the next UK government should stop “walking around on eggshells” when it comes to improving EU trade relations. Shevaun Haivland, the director-general of British Chambers of Commerce urged on Thursday the winner of the election next week to intensify the current EU-UK deal for trade […]

The Bank of England warned that millions of UK mortgage holders will soon see their borrowing costs increase. Rightmove reported that the central bank stated more than 3mn home owners still pay interest rates below 3 percent, while Rightmove said the average rate for homeowners is currently above 5 percent. By the end of 2026, […]

This year, the number of UK residents paying the highest rate of income tax will surpass £1 million for the first. The state’s finances are boosted by a freeze on thresholds and wage increases. Due to the freezing of income tax thresholds, the number people who pay the 45 percent levy has more than doubled […]

Boeing was sanctioned for “blatantly violating” regulations when it revealed private information to media and speculated about the cause of the cabin-panel blowout that occurred on a brand new airplane operated by Alaska Airlines in January. The National Transportation Safety Board said that it was cooperating with the Department of Justice in deciding whether or […]

Official data shows that the number of people forced to pay income tax in Britain has risen by an estimated 4,4 million in just three years due to the government’s freezing of thresholds. This statistic is likely re-ignite the tax debate in the UK ahead of the election. According to the figures, a continued freeze […]

Shadow business secretary said that Labour would prefer stability in the UK-Europe relationship than to try and accelerate economic growth through joining the EU’s customs union or single market. Jonathan Reynolds, speaking at the British Chambers of Commerce conference (BCC), acknowledged that the Brexit has been “very hard for businesses”, because it has erected trade […]

The US Supreme court rejected Purdue Pharma’s bankruptcy settlement plan, which included a measure extraordinary to protect the Sackler family from further liability regarding the American opioid crisis in exchange for funds for compensation and treatment. Clarence Thomas was one of the four justices who backed Neil M Gorsuch’s 5-4 decision. The other three were […]

The Bank of England warned that the uncertainty caused by the global wave of election, which will begin this coming weekend, could destabilise the UK financial system. Officials are worried about the policies that newly-elected governments in large economies may implement, including in the US where Donald Trump is running for a second term as […]

In an apparent effort to appease investors unhappy with BP ‘s green goals, the head of BP imposed a hiring ban and halted all new offshore wind projects. Murray Auchincloss was BP’s former Finance Chief and took on the role of in January following the shocking departure of Bernard Looney. He promised to focus on […]

Tata Steel told its workers that it may have to close down the steel plant at Port Talbot earlier than expected due to a strike. The company planned to close one blast furnace by the end June, and the other by September. Tata has told workers in south Wales that it plans to stop operations […]

Legal and General Investment Management will sell some of Glencore’s shares due to concerns about the company’s coal production and its commitment to reduce carbon emissions. The UK asset manager will sell only a small portion of Glencore stock, but it will still remain a shareholder through certain holdings. This move highlights the heated debate […]

YouTube is in discussions with record labels about licensing their songs to artificial intelligence tools which clone the music of popular artists. The company hopes to gain industry acceptance by offering upfront payments. Three people with knowledge of the situation say that Google’s video site is in need of labels’ content for AI song generators. […]

Alliance Trust, one of Britain’s oldest and most respected investment trusts, announced a merger with its rival Witan Investment Trust to create a £5-billion giant. Witan will roll its assets into Alliance in order to create a vehicle large enough to be eligible for inclusion into the FTSE 100 Index of Shares. The aim is […]

Analysts suggest that other bidders may come forward soon. Shares of the UK food delivery service Deliveroo rose after reports that US rival Doordash had held takeover discussions with the company. Reuters reported that Doordash expressed an interest in a Takeover of Deliveroo, but the talks ended when the two parties could not agree on […]

Online electrical goods retailer AO World enjoyed a near tripling of profits, thanks to the booming sales of tumble dryers during the rainy winter and TVs for Euro 2024. The company attributes the popularity of air fryers to the fact that customers are looking for cheaper alternatives to take-outs in this time of cost of […]

Universal, the movie group, has announced that a Hollywood-themed park they plan to build in Bedfordshire will be open every day of the year. This will boost UK economic growth by almost £50bn. Universal Destinations & Experiences is a subsidiary of Comcast (the parent company of Sky) and plans to develop a 192 hectare (476 […]

Auditors have warned that the British arm of Atos – the French technology firm which is a key supplier to the NHS and UK Government departments – faces “material uncertainty” about its ability continue as a running concern. Grant Thornton’s audit firm said that financial difficulties facing the parent company in France may limit the […]

After the Czech billionaire who is bidding for the ownership of Royal Mail for £3.6bn suggested that he might implement an “incentive program” if successful, the union representing postal employees has demanded they be given a stake in Royal Mail. Daniel Kretinsky’s EP Group published a document Wednesday detailing its bid to acquire Royal Mail’s […]

Volkswagen announced plans to invest $5bn (£3.9bn), or up to 9% of its total revenue, in Rivian’s US electric carmaker. This comes as manufacturers are rethinking their strategies due to uncertain demand. The German automaker said that it would initially give $1bn to Rivian. Rivian aims to compete against Tesla by offering “electric adventure vehicles”. […]

Experts have predicted that weight-loss medicines will see a boom in popularity, now that the first generic versions are available at lower prices than the original drugs. Media-dubbed “skinny jabs”, these injections can help people to lose more than 10% body weight. They have been hugely popular over the past few years with celebrities applauding […]

Mike Ashley’s Frasers Group forged an agreement with THG, which will make it the first third party retailer to use their buy-now-pay-later product. The multi-year agreement will see the online retail company behind brands such as Cult Beauty, Myprotein, and Myprotein integrate Frasers Plus’ customer service program and loyalty program, Frasers Plus, onto its Ingenuity […]

Labour would oppose renationalising Thames Water. The utility company is in trouble and has a very uncertain future. Jonathan Reynolds, shadow secretary for business and trade, said that “people shouldn’t expect the government to bail out bad investments”. The comments were made just days before the next general election on Thursday. Reynolds stated in a […]

One of Britain’s largest infrastructure investors called Britain “a Banana Economy” with the ethos “Build absolutely nothing anywhere (or anyone)”. But he said that there was a large amount of capital to change this. Dominic Veney, Finance Director of Pension Insurance Corporation (the insurer), said: “We do not see a shortage of domestic capital for […]

Vodafone’s boss has warned that Britain’s ambitions of becoming a leader in artificial-intelligence are at risk due to substandard mobile data networks. Margherita Dela Valle warned that the UK would be slower to adopt the technology and benefit from it than its competitors. The FTSE100 chief executive stated that the UK’s cellular network could be […]

According to a G20-commissioned report, a global minimum tax on billionaires could raise up to $250bn per year and be implemented successfully even if not all countries adopted it. Gabriel Zucman is an economist who wrote the paper. He said that a coordinated minimum tax on all the wealth of the 3,000 billionaires in the […]

Vauxhall’s owner Stellantis warned that it may stop production in Britain unless the British Government does more to encourage demand for electric cars or changes its current electrification policies. Maria Grazia Davino is the top executive of the company in the UK and she has warned that the UK’s EV quotas will be tougher due […]

Denmark has announced the first carbon tax in agriculture. Cattle farmers will be charged nearly €100 per year for each cow’s greenhouse gas emissions. After months of difficult negotiations with trade groups and environmental groups, Denmark’s ruling coalition agreed on Monday night to a tax rate of DKr120 (€16) per tonne equivalent carbon dioxide emissions […]

ExxonMobil executives work in a six-storey office building in the capital of Guyana, Georgetown. They are figuring out how to expand what is one of the world’s largest offshore oil projects. US energy giant, Hess, and Chinese group Cnooc have discovered 11bn barrels in the Stabroek Block. This vast oil reservoir is located about 120 […]

Last week, Sheikh Mohammed bin Zayed al-Nahyan found an Adnoc request in his in-tray. Can the team that is bidding on Covestro, Germany’s biggest company, show goodwill with a sweetening of €2 per share, or 3 percent? Sheikh Mohammed who is also the chair of Adnoc agreed. This unlocks a potential €14.4bn, including debt deal […]

Barclays has reduced several of its most important mortgage rates as brokers expect increased competition from high street banks to offer lower prices in anticipation of an anticipated interest rate reduction this summer. The high street bank announced on Monday that it will reduce rates for some of its mortgage fixed rate deals over two […]

Nvidia’s market value has dropped by more than $500bn since it briefly became the most valuable company in the world last week. Shares fell nearly 7 per cent Monday. Nvidia’s value has dropped from $2.91tn to $2.91tn. This is a drop of approximately $550bn since Thursday’s high. Last week, Nvidia had surpassed Apple and Microsoft […]

There are too many outdated and unreliable facilities with no improvement plans. Elected officials either blame others too quickly – or refuses to admit that there is a problem, even after being presented with facts. Many senior businessmen choose to hide behind a ludicrously high-paid army of spinners who will deflect, obstruct and divert at […]

Nestle will sell dietary supplements that counter the effects of weight loss drugs to “Ozempic Face”. The company announced that it would launch products to “complement” weight loss treatments. These include hair growth supplements and electrolyte tablet that improves skin elasticity. KitKat and Smarties maker is bracing for a drop in sales for ice cream […]

Carlsberg has now corrected the omission from its £3bn+ bid for British (the UK soft drink firm that makes Robinsons barleywater, J2O and Tango, as well as R White’s Lemonade). In pursuit of their “beyond beers” strategy, the Danes did not forget PepsiCo, which could end the adventure by taking the UK bottling right for […]

The low quality of high-street fashion contributes to the 30,000 containers of clothing, homewares and other goods that are thrown away by British consumers each year. John Lewis has launched the first products of a new clothing range designed to “minimise wastage and maximise durability”. The department store chain claims that the “circular” collection of […]

Mike Ashley’s Frasers bought luxury goods sites from THG. The deal also includes selling the protein powder of the online health, beauty and wellness retailer in Sports Direct stores. THG announced on Monday that it sold Coggles and other sites to Frasers. The deal also involves Frasers using THG’s technology for some aspects of their […]

Boeing could face criminal charges, according to reports. US prosecutors reportedly informed the Department of Justice that Boeing had violated a settlement relating to two fatal crashes of 737 Max aircraft. According to Reuters and CBS News, the DoJ leaders must decide by 7 July whether they intend to bring criminal charges against Boeing following […]

London Tunnels has decided to list its company in Amsterdam instead of London, where it had planned to flotter in the capital. The company wants to turn the Kingsway Exchange Tunnels, an 8,000 sq metre network under Holborn, central London, into a brand new attraction that attracts 2 million visitors per year. The group announced […]

Shein, according to sources, filed confidential papers with Britain’s market regulator early in June. This started the process of a possible London listing for the online fast fashion retailer later this year. Reuters reported May that the China-founded firm, valued at $66bn during a fundraising round, had begun exploring a listing on London Stock Exchange. […]

RedBird IMI officially started the process of selling the UK’s Telegraph and Spectator magazines in an effort to recoup £600mn that was spent last year on its attempts to take control media assets. According to sources familiar with the matter, the US investment group, whose money comes from Abu Dhabi’s government, sent the deal information […]

The head of the UK-based company that is spearheading this development says that a cheap weapon capable of taking down multiple drones simultaneously by disrupting their electronic systems could be available next year. Alex Cresswell is the chair and chief executive officer of Thales UK. He said that the new radio frequency-directed energy weapon (RFDEW), […]

Linda Yaccarino, a year since she was appointed chief executive of X, has shaken her inner circle as she is under pressure from Elon Musk. She faces the need to increase sales and reduce costs. Three people with knowledge of the situation said that Yaccarino terminated her right-hand person and head for business operations and […]

The future of one of the Biden Administration’s flagship projects, to derive electricity from hydrogen, is uncertain due to community opposition. This highlights the difficulty in implementing a technology that was once touted as a key component to the green transformation. The Appalachian Regional Clean Hydrogen Hub, which spans the Marcellus Shale basin in West […]

According to the CEO of one of UK’s biggest listed landlords, office buildings are “melting ice” for investors due to how quickly they depreciate in the current market. Andrew Jones is the leader of LondonMetric. The company will enter the FTSE 100 in this week’s trading after a series deals culminated in a £1.9bn takeover […]

As the US prepares for a ban on the popular video app TikTok, agencies representing the biggest advertisers of the app are preparing contingency plans. This includes seeking break clauses within their marketing contracts. ByteDance TikTok, the Chinese parent of the app, was given until January 2015 to divest from its US business, or else […]

Apple has delayed the launch of three new artificial-intelligence features in Europe due to European Union rules on competition, which require that Apple ensure rival products and services are compatible with its devices. The features are set to launch in the US in the fall, but not in Europe until 2025. The company announced on […]

The government accused importers of goods from the EU making “deliberate”, “criminal”, and “serious” mistakes on important documentation to avoid new Border Charges after Brexit. The government sent a warning to traders informing them that it was aware of the fact that certain traders and logistic companies had repeatedly filled out incorrect forms. It promised […]

Emma Bridgewater , Britain’s “queen” of pottery, has suffered a loss of nearly £1.4m as her company had to drastically discount its crockery due to fierce online competition. The Stoke-on-Trent Group, founded by the designer Emma Bridgewater and named after her, suffered a loss in its first year of operation, following a profit of £1.1m […]

The EU and Beijing have concluded last-ditch negotiations over plans to increase tariffs on Chinese electric car imports amid concerns of an upcoming tit-fortat trade conflict. The European Commission and China’s trade ministers agreed to begin negotiations to resolve a dispute regarding EU plans to increase tariffs on imports of electric vehicles from China by […]

The motor leasing company headed by Lord Stuart Rose, a retail veteran, is in debt due to the slumping prices of second-hand electric vehicles. Moody’s has placed Zenith Automotive – owned by the private equity company Bridgepoint – on debt downgrade alert due to its financial concerns. The Leeds-based company is one of Britain’s largest […]

Brussels will demand that the new French government cut spending or increase taxes by billions of dollars this year. The hard-right is vying to win in upcoming parliamentary elections. The European Commission has reprimanded France, the country with the second largest economy in the Eurozone behind Germany, for the first-time for exceeding its budgetary limitations, […]

Andrew Bailey, the Bank of England’s deputy governor, said that it was important to keep interest rates low in order to maintain a low inflation rate. The monetary committee voted by 7-2 to freeze the base rate of 5.25 percent, which is a 16-year record. This vote pattern was unchanged from its previous May meeting. […]

Tate & Lyle believes that a backlash towards ultra-processed foods will present a “big chance” for it to make its largest acquisition ever of an ingredients company. The deal, it claims, will help it create healthier and tasty products. The UK company announced on Thursday that it had purchased CP Kelco a supplier of pectins […]

Jensen Huang, the Nvidia CEO, has been claiming for years that data centres around the world will have to undergo a complete overhaul to meet the needs of generative AI. He claims that $1tn will be needed over the next 4 to 5 years to train and run new AI models. This is essentially double […]

Fund managers say that a new Labour government can raise additional money from the bond market for investments without creating a Liz Truss style gilts crisis. If Labour wins the 4th of July election, the Shadow Chancellor Rachel Reeves will keep the Conservative government’s promise that the debt as a percentage of GDP should be […]

Ocado shares fell up to 17.6 percent on Thursday, after the UK-based grocery and technology firm announced that a deal for a robotic warehouse at Canadian supermarket chain Sobeys had been halted. The company also said their partnership was no longer exclusive. Ocado Group – which owns a half stake in the UK’s online only […]

Royal Mail’s owner faces a new claim of £878mn for damages related to its delivery operations. This is adding to Royal Mail’s legal woes, as it prepares itself for the takeover by Czech billionaire Daniel Kretinsky. Bulk Mail Claims Limited has announced that it filed a request to initiate proceedings against International Distribution Services, on […]

Six people with knowledge of the operation claim that the Philippines secretly strengthened a dilapidated ship marooned in a South China Sea coral reef at the center of a dangerous dispute between Beijing and Manila. People said that in recent months the Philippine military conducted missions to strengthen the Sierra Madre which is located on […]

The Friedkin billionaire family has entered into exclusive talks with Farhad Moshiri to purchase Everton Football Club, the English Premier League team owned by the British-Iranian Farhad Moshiri. This is a major step in the resolution of the uncertainty surrounding the English Premier League club. According to three sources with knowledge of this matter, the […]

Three people familiar with the plans say that UK fintech Revolut aims to sell shares at a valuation of more than $40 billion, which would cement it as Europe’s top start-up. People familiar with the matter said that SoftBank, a company owned by Morgan Stanley, is selling existing shares worth about $500mn, including those of […]

According to an TUC report, UK households will rack up additional unsecured debts totaling more than 1,600 pounds sterling this year. This includes loans and credit card debt. According to the TUC, its analysis shows that average household debt, including credit cards and loans, but excluding mortgages, will increase by 9.4% or £1,660 in real […]

Ilya Sukseker, co-founder of OpenAI, is launching a rival AI startup focused on “building superintelligence safely”, only a month after quitting the AI company due to an unsuccessful coup against its CEO Sam Altman. According to a announcement posted on X, Sutskever launched Safe Superintelligence Inc., which bills itself as the “world’s first straight shot […]

Bank of England will likely leave interest rates unchanged for the seventh consecutive time at its Thursday meeting, despite the fact that inflation has returned to the UK official target for nearly three years. At midday, the central bank will vote to keep the base rate unchanged at 5.25 percent, which is a record high […]

Even though inflation is down to 2% this year, consumers are still cutting back on their non-essential purchases, including eating out, buying takeaway food and clothes. KPMG’s latest figures show that after two years of rising prices and a squeeze on the cost of living, four out of ten British households have reduced their discretionary […]

GMB officials are encouraging staff at Amazon’s Coventry to “vote yes” together at the beginning of a ballot that could lead to a historic deal for union recognition. After the Central Arbitration Committee granted the GMB the right to conduct the legally binding ballot, union officials began visiting the West Midlands location on Wednesday. Amazon […]

Labour’s plans to end Britain’s long term economic stagnation are supported by a group of economists including three Nobel Prize winners and a former Bank of England vice governor. The 16 UK-based and international economists, in a move to support the shadow chancellor Rachel Reeves said that change was “desperately required” following the policy failures […]

UBS warns that Britain could become an “island of stability” on the financial markets, as France is roiled by Emmanuel Macron’s debt binge. Shahab Jalinoos, UBS, said that the UK’s reputation of being Europe’s “problem-child” could be reversed due to increased political uncertainty after Macron called for a snap election. He said that Britain’s “position […]

Ferrari is about to launch its electric car, which will cost more than €500,000. The new model will be launched next year by the luxury Italian brand best known for its petrol sports cars that have roaring engines. According to Reuters, it will be the most expensive model in the line-up. The headline price does […]

EasyJet and Ryanair have reacted angrily to a recent decision by the EU that long haul flights would be excluded from their crackdown on jet emission. Budget airlines said that the announcement made on Wednesday will be a mockery to Europe’s efforts in combating climate changes. This comes after Brussels gave in to the pressure […]

One of Britain’s largest housebuilders warned that the Bank of England “penalizes the young” when it artificially raises the rates for mortgages of 95pc. Rob Perrins is the chief executive officer of Berkeley Group. He said that it was “morally right” for the Bank to reduce rules that force lenders to have a minimum amount […]

A recent attack on two US Department of Agriculture employees led to temporarily suspend safety inspections of avocados and mangoes, which could disrupt a $2.4bn trade between Mexico and the US. In a press release, Ambassador Ken Salazar stated that two officials were attacked and briefly held hostage by attackers while inspecting avocados at a […]

The men of Germany kicked off Euro 2020 in Munich on Friday. Munich has a rich football history, but also holds a special place in Germany’s self-image because it is home to BMW – one of Germany’s leading car exporters. But it won’t be logos from BMW or German competitors like Volkswagen or Mercedes-Benz that […]

Golden Goose, the “dirty trainers” brand that Taylor Swift loves, will postpone their planned listing, after the French snap elections caused turmoil in European stocks. The Italian brand owned by the British private equity firm Permira said Tuesday night that the “significant deterioration of market conditions after the European Parliament elections in this month, and […]

The Nato alliance has invested $1.1bn (£870m ) in a British start-up, which is planning to launch robot factories into the space. Cardiff’s Space Forge is looking to launch satellites and take advantage of the low gravity conditions to create crystals that can be used to produce cutting-edge microchips and new alloys and medicines. After […]

Sir Jim Ratcliffe backed Labour for the next government. He said that voters had “had enough” with Rishi Sunak’s policies. The billionaire coowner of Manchester United who controls a minor stake in the club via his chemicals empire Ineos Group has criticised the Tories and slammed a series of failed prime minsters. Sir Jim, the […]

Senior Labour figures said that if they win the general elections next month, Labour would explore how to realign Britain’s carbon regime. This move would be welcomed but angered some Brexiters. Since the Brexit in the UK, there are separate markets – each called “emissions Trading Scheme” or ETS – where large polluters like gas-fired […]

John Lewis and Waitrose say that “greed, not need”, is the driving force behind record-breaking levels of shoplifting. The retail group has been testing trolleys that will lock if a person does not pay as well as smart shelves that detect changes in weight. After a successful trial, the group has implemented a number of […]

The UK private equity industry hailed Rachel Reeves, shadow chancellor’s suggestion to continue to offer favourable tax treatment for buyout executives investing in their funds as “encouraging”. Labour has promised to raise £565mn per year by closing the “loophole”, known as carried interests, in taxing private equity manager’s profits on successful deals. Reeves said this […]

Elon Musk launches a charm offensive in an attempt to win advertisers back to X, as he battles to quell a backlash against his erratic managerial style. After missing the festival last year, the billionaire will return to the Advertising Festival in Cannes to reassure advertising groups and large brands about the future of social […]

Nvidia is the most valuable company publicly listed in the world. This comes after months of explosive growth, driven by the demand for its chips as well as an investor frenzy about artificial intelligence. The company’s share price rose 3.5 percent to $135.58, bringing the market capitalisation up to $3.335tn. It has now surpassed two […]

The Euros and Olympics will bring a boost to many landlords, but it may be too late for some pubs. According to an analysis of official statistics by Altus Group, pubs have been disappearing in England and Wales at a rate 80 per month so far this season. Monthly pub closures have increased by 56pc […]

McDonald’s is ending its test of employing artificial intelligence chatbots at drive-thrus, raising questions over the fast food industry’s rush to roll out the technology. The world’s largest burger chain will remove automated AI-based order systems from over 100 locations around the US. The systems, which featured an AI voice responding to customer orders, had […]

Moody’s, the credit rating agency, has withdrawn its monitoring of Warrington Council due to its inability to secure an auditor who would sign off on its accounts. This is despite growing concerns about the funding crisis for local governments. Warrington Borough Council said in a statement that Moody’s Investors Service no longer provided it with […]

In May, house prices in China fell at their fastest rate in nearly 10 years as an oversupply of properties hit the demand despite renewed government efforts to support the sector. In 70 cities, the price of new housing, excluding subventioned housing, dropped by 0.7% in April. According to figures released by the National Bureau […]

Milan’s men’s fashion show is where the biggest Italian names come together. Prada is the one who decides which trouser style everyone will wear in a few years and Gucci releases the next it bag. As the shows began at the weekend, a new trend emerged: the great Brexit. Simon Holloway chose to show in […]

Investors reacted negatively to the political turmoil in France since Emmanuel Macron announced snap elections. Bloomberg data shows that the value of Euronext Paris stocks is about $3.13tn, after $258bn has been taken off the market cap of French companies. This puts it behind London Stock Exchange’s $3.18tn. (£2.51tn). Separate data from London Stock Exchange […]

Nigel Farage’s Reform UK manifesto, which he released on Tuesday, contained a number of populist promises and massive tax cuts. It also included £140bn worth of spending commitments. Economists said that the numbers “did not add up”. The Conservative Party, which has been struggling to combat the growing Reform threat in the UK, accused Farage […]

In May, Europe’s imports of Russian gas overtook those from the US. This was the first time since almost two years that the US had surpassed the European region in terms of its fossil fuel consumption. The reversal was due to one-off reasons, but it also highlights the difficulties of reducing Europe’s dependency on Russian […]

Two years after Belgrade cancelled the project, Serbia is ready to give Rio Tinto green light to build Europe’s biggest lithium mine. This will provide a major boost to the electric vehicle industry on the continent. Aleksandar Vucic, President of Serbia, said “new guarantees” would address Serbia’s concerns about whether environmental standards will be met […]

The chair of Toyota told his executives, suppliers, and engineers that they needed to produce better internal combustion engine. Akio Toyoda, racing under the name Morizo, said in January that “we will keep the flame of the engine burning.” I will not let the hard work that you have all put in so far go […]

If Labour wins the election, Rachel Reeves will try to remove EU trade barriers through an early investment summit and secure billions in pounds. In an interview with Reeves , the outlined a bold plan to revisit some of Boris Johnson’s Brexit deal. This included a push for re-alignment with EU regulations in certain areas, […]

Greencore, a sandwich maker that supplies major supermarkets such as Asda Morrisons Sainsbury’s is among a number of companies recalling their products, after they were potentially linked to a E coli outbreak, which has seen cases in the UK almost double, to over 200. The recall includes thousands of sandwiches and wraps that were sold […]

In England, hundreds of thousands more NHS cataract patients are treated each year in a boom that is driven by private clinics but funded by the taxpayer. Doctors claim that the trend of outsourcing nearly 60% (up from 24%) of NHS cataract surgeries to private providers is putting pressure on the already stretched NHS budgets […]

Research shows that nearly half of UK adults have had difficulty getting medicine prescribed to them. The situation is attributed more to Brexit rather than any other factor. 49 per cent of respondents said that they had difficulty getting a prescription filled in the last two years. This is the time period when supply issues […]

Chief Operating Officer of Merlin Entertainments said that the period of “revenge” spending after Covid has ended and businesses now have to find new ways to attract clients. The phrase revenge-spending describes how people spent the money they saved during the Covid pandemic to buy products or experiences to make up for the time lost […]

Mark Zuckerberg, his wife Priscilla and their children have invested in a British company that is developing a screenless audio player for kids. The product has been a huge success with parents. Chan Zuckerberg Ventures , the family office of Facebook billionaire Mark Zuckerberg, has invested £18m in a funding round for Yoto, which develops […]

King Charles is being urged to revoke royal warrants for Cadbury and Marmite owner Unilever due to their connections with Russia. Ukrainian campaigners wrote to King Vladimir Putin ahead of his birthday, June 15, urging him not to award the coveted awards to companies that still operate under Vladimir Putin’s regime. These awards are only […]

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