Shares in Donald Trump’s social media company, Trump Media & Technology, have plunged to their lowest level since its March debut on the Nasdaq exchange. The company, which operates the Truth Social platform, saw its shares decline by as much as 3.5% during today’s trading session. This latest drop adds to a month of significant […]
London City Airport has been granted approval to significantly increase its passenger capacity, following a decision by Angela Rayner, Secretary of State for Housing, Communities and Local Government, and Transport Secretary Louise Haigh. The ruling allows the airport to raise its annual passenger cap from 6.5 million to 9 million, representing a nearly 40% increase. […]
Mike Lynch, the British tech entrepreneur recently acquitted in a high-stakes £8bn fraud case, is missing after his yacht sank off the coast of Sicily. The incident occurred just weeks after Lynch’s remarkable legal victory, which saw him cleared of fraud charges in a US court following a 13-year legal battle with technology giant HP. […]
Britain’s deteriorating road network is not just a nuisance for drivers—it’s becoming a significant drag on the economy, factory bosses have warned. According to a report by industry group Make UK, the worsening condition of the country’s roads, particularly A-roads and motorways, is adding to manufacturing costs and influencing business investment decisions. Over half of […]
Ted Baker is set to close its last 31 UK stores this week, putting around 500 jobs at risk, as uncertainty looms over a potential rescue deal involving Mike Ashley’s Frasers Group. The closures mark the end of the retailer’s presence on British high streets, following months of turmoil and the collapse of its UK […]
The UK tourism industry is grappling with a £2.8 billion shortfall in spending, as the sector continues to lag behind pre-Covid levels, according to a recent report by the Centre for Economics and Business Research (CEBR). The analysis reveals that the country is attracting nearly three million fewer overseas visitors annually compared to before the […]
ASDA is on the brink of losing its position as the UK’s third-largest grocer, with Aldi set to overtake it by 2028, according to analysis by GlobalData, a leading data and analytics company. The forecast comes as ASDA grapples with a range of challenges, including leadership turmoil, labour disputes, and a shrinking market share in […]
Angela Rayner has hinted that some elements of her highly anticipated overhaul of workers’ rights may be delayed, in a setback for union leaders. In a significant meeting held at the Cabinet Office on Whitehall, the Deputy Prime Minister informed union representatives and business lobbyists that “not everything” initially proposed will be included in the […]
As many as 74,000 prosecutions for alleged rail fare evasion in England and Wales are set to be quashed following a landmark ruling that found the legal process used by UK train companies was improper. The UK’s chief magistrate, Judge Paul Goldspring, ruled on Thursday that the single justice procedure (SJP), which allows magistrates’ hearings […]
A major Silicon Valley tech firm, Palo Alto Networks, has issued an apology following widespread criticism for its controversial marketing stunt at an industry event in Las Vegas. The company faced backlash after images emerged showing female models dressed in tight outfits with lampshades covering their heads, used as human lampstands during a networking event […]