More than 420,000 traditional retail jobs have been lost since 2010, sparking fears that the high street may be in ‘terminal decline’. New analysis by the GMB union shows that 420,242 traditional retail jobs have gone – a decline of 28.4% – since the Conservatives took power. The figures emerge as the last Wilko stores […]
More pubs closed in London in the first six months of this year than anywhere else in England, a study has found. The capital lost 46 watering holes up to the end of June, according to data from real estate analysts Altus Group. Across the UK as a whole, 383 pubs closed in the same […]
Breadcrumb Trail Links PMN Business Sweden’s H2 Green Steel is in talks with governments in Canada to build a factory in northern Quebec, as the young firm tries to deliver on a promise to customers — steel produced with minimal carbon emissions. Author of the article: Bloomberg News Mathieu Dion and Rafaela Lindeberg Published Oct […]
Article content (Bloomberg) — Ferrari NV’s first fully electric model will be one of the most highly anticipated products in automotive history, and Benedetto Vigna is relishing it. Just don’t expect the chief executive officer to let much slip about the supercar before it debuts in late 2025, based on how Vigna fielded a question […]
Article content (Bloomberg) — PT Barito Renewables Energy jumped in its first day of trading after raising 3.13 trillion rupiah ($200 million) in Indonesia’s fifth-biggest initial share sale this year. The company, owned by billionaire Prajogo Pangestu, gained as much as 25% to 975 rupiah in Jakarta trading on Monday, hitting the upper limit allowed […]
Breadcrumb Trail Links PMN Business Keir Starmer was counting on using his Labour Party’s annual gathering to seal the deal with British business and raise his profile among an uncertain electorate. The opposition leader’s team has been forced to adapt with an international crisis dominating the headlines. Author of the article: Bloomberg News Emily Ashton […]
Article content DETROIT (AP) — Union workers at Mack Trucks have voted down a tentative five-year contract agreement reached with the company and plan to strike at 7 a.m. Monday, the United Auto Workers union says. Union President Shawn Fain said in a letter to Mack parent company Volvo Trucks that 73% of workers voted […]