Elon Musk said he bought Twitter because it was the “right thing to do” but admitted that it has been “painful” and “stressful”. The billionaire also said that the social media company is “roughly breaking even” as advertisers have started to come back. He made the comments in an interview with the BBC which was […]
Shoppers put cost of living fears behind them as they splashed out on Mother Day gifts in March, helping to slightly boost retail sales, but damp weather and soaring inflation has left the sector holding out for the King’s coronation in May to see a “larger uptick” in sales. According to data by the British […]
Recession clouds are receding from the UK jobs market as companies gradually regain confidence about hiring workers following a batch of better than expected economic data since the turn of the year, new figures out today reveal. Firms are dipping their toes back in the recruitment market, lured by household spending holding up better than […]
A fish and chip shop owner has served up his last scrapings more than 60 years after the business opened its doors. Dennis Jackson, a staple part of the community in Ilkeston, Derbyshire, since 1961, said the cost-of-living crisis was partly to blame. The 84-year-old hung up his apron for the final time when his […]
The boss of one of the UK’s largest business groups has been fired after an investigation into complaints about his conduct at work. Tony Danker will leave the CBI with immediate effect and be replaced by Rain Newton-Smith. It follows allegations over Mr Danker’s conduct involving a female employee. Three other CBI employees have also […]
A UK agritech specialising in the next generation of green insecticides has secured a further round of investment totalling £4 million to scale up the development of its unique nature-inspired pesticides, the first of their kind to be developed worldwide. Investment in this pre-Series A funding round was led by Yield Lab Europe. Other investors […]
More than 150 pubs closed for good in England and Wales during the first three months of this year as soaring energy bills and other costs pushed many operators over the edge. Analysis of official government data by the commercial property firm Altus Group found that 51 pubs were lost each month in the first […]
myenergi is set to become the UK’s leading home EV charge point provider, after surpassing its 500,000 unit sales milestone – despite only having been in business for seven years. Based in the UK, with subsidiaries in Germany, Australia, Ireland and Benelux, its product range includes the world’s first solar-compatible smart electric vehicle (EV) charge […]
New plans for post-Brexit border checks on goods coming into the UK will deter many EU suppliers and push up food prices, a trade body has said. The government says its proposals will prevent delays by reducing the need for physical checks for many goods. But the Cold Chain Federation said it was “deeply concerned” […]
Adnams Brewery is in discussions about leaving the under-fire Confederation of British Industry (CBI) after a string of sexual misconduct allegations broke. Chief executive Andy Wood told BBC Radio 4 his firm were holding conversations about withdrawing from the trade body. It follows a host of corporate members, including EY and Rolls Royce, who pay substantial fees […]