Tag: In Business

Jul 29

Airbus chief acknowledges significant production delays

Airbus, the global leader in aircraft manufacturing, has conceded that the company is lagging behind on its orders due to supply chain “bottlenecks.” Guillaume Faury, Airbus’s chief executive officer, highlighted the challenges at the Farnborough International Airshow, the premier event for aviation professionals. “We have more demand than the ability to supply,” Faury admitted, citing […]
Jul 26

Petrol Stations accused of overcharging drivers by £1.6bn in 2023

Petrol stations have come under fire after overcharging UK motorists by a staggering £1.6 billion last year, according to the Competition and Markets Authority (CMA). The regulator’s findings reveal that fuel margins – the difference between the wholesale cost and the pump price – have remained significantly above pre-pandemic levels. The CMA highlighted that supermarkets […]