The Range, the value retail chain, has struck a deal to buy the Wilko brand from its collapsed rival’s administrators. It is understood that The Range, founded and owned by Chris Dawson, has agreed to pay in the region of £5m for the Wilko name. The deal is expected to be formally announced later today. […]
Four people have been charged in connection with the collapse of Patisserie Valerie – a bakery chain that once had almost 200 stores. The Serious Fraud Office (SFO) said it related to an investigation that began in October 2018 – just two days after the company abruptly suspended trading, with more than 900 jobs and […]
France has ordered Apple to stop selling the iPhone 12 for emitting too much electromagnetic radiation. On Tuesday, the French watchdog which governs radio frequencies also told the tech giant to fix existing phones. The ANFR has advised Apple that if it cannot resolve the issue via a software update, it must recall every iPhone […]
The UK government has handed £1bn out to small firms via its start up loans scheme. The programme, created to help entrepreneurs start and scale up their business has now provided the funding to over 100,000 businesses across the country. Delivered through the state-owned British Business Bank, the Start Up Loan scheme was developed and […]
The UK’s innovation agency, Innovate UK, has announced a £6.6m investment in research projects which aim to help build a stronger supply chain of the critical minerals we rely on everyday. The Critical Materials for Magnets Competition is part of the CLIMATES programme, announced in February, which committed £15m of government funding for cutting-edge research […]
Article content TOKYO (AP) — Japanese Prime Minister Fumio Kishida is shuffling his Cabinet and key party posts Wednesday in an apparent move to strengthen his position before a key party leadership vote next year. It’s the second Cabinet shuffle since Kishida took office in October 2021 when he promised fairer distribution of economic growth, […]
Breadcrumb Trail Links PMN Business The UAE’s biggest oil producer is pushing to build its fledgling trading operations into a multibillion-dollar business this decade by bolstering its presence in Europe and Africa, and expanding in other forms of energy. Author of the article: Bloomberg News Anthony Di Paola Published Sep 12, 2023 • 3 minute […]
Breadcrumb Trail Links PMN Business Welcome to the world of China’s lithium auctions, where vast numbers of bids are placed, firms end up spending over a thousand times the opening price, and buyers promising hundreds of millions of dollars have walked without paying. Author of the article: Bloomberg News Annie Lee Published Sep 12, 2023 […]