The Confederation of British Industry has been locked out of regular meetings with other leading business lobby groups, hampering its fight for survival after a sexual misconduct scandal. Formerly Britain’s leading voice for business, the CBI has been battling to overhaul its culture and regain trust after multiple allegations of misconduct were made by female […]
Mike Ashley’s Frasers Group has bought a £22m stake in the fashion group Boohoo as the high street retail tycoon makes a flurry of investments in online retail. The group, which owns Sports Direct and the designer fashion retailer Flannels, added the 5% stake in Boohoo on Monday shortly after announcing it had built a […]
Help for people struggling with their mortgages is being kept “under review”, cabinet minister Michael Gove has said. But any financial assistance would be a decision for the Treasury, he told Laura Kuenssberg during an interview on her television show on Sunday morning. He also warned any help similar to Covid or energy bill schemes […]
Former professional footballer and current television pundit Rio Ferdinand has announced his investment in the Manchester-based tech platform, DeliveryApp, a move that signifies a huge milestone for the team and the business as a whole. An already passionate investor in the technology market, Rio aims to support DeliveryApp’s brand scale and awareness, drive revenue growth […]
Breadcrumb Trail Links News Still, he quipped about his US$44-billion purchase: ‘If I’m so smart, why did I pay so much for Twitter?’ Author of the article: Bloomberg News Benoit Berthelot Published Jun 16, 2023 • 2 minute read Join the conversation Elon Musk, billionaire and chief executive officer of Tesla, at the Viva Tech […]
Outstanding student loans in England have surpassed £200bn for the first time – 20 years earlier than previous government forecasts, as the number of students at universities continues to outstrip expectations. The Student Loans Company (SLC), which administers tuition and maintenance loans in England, said that the balance of government-backed loans reached £205bn in the […]
Television personality Jeremy Clarkson, famed for his role on ‘Clarkson’s Farm’, has recently achieved a significant win concerning his Diddly Squat Farm. After an ongoing disagreement with the West Oxfordshire District Council, Clarkson has now been granted permission to augment the parking facilities at his farm shop, a notable site featured in his popular Amazon […]
Company insolvencies in England and Wales last month rose by 40 per cent year-on-year to the highest level since monthly records began in January 2019. Data from the Insolvency Service yesterday showed that 2,552 companies were declared insolvent last month, overwhelmingly through creditors’ voluntary liquidations, in which a company’s directors agree to wind up the […]
Sir Richard Branson’s space tourism company Virgin Galactic says it will launch its first commercial flight before the end of this month. The firm is targeting a launch window for the flight, which is called Galactic 01, from 27 June to 30 June. After the announcement to investors, Virgin Galactic shares jumped more than 40% […]
The average UK business is spending over £50,000 every year on sending food waste to landfill, however, recycling food waste could save food retail businesses up to £7,000 a year, according to new research. Despite this, only half (56%) of food retailers and convenience stores say that they recycle food waste in order to minimise […]