GSK shares float above recent lows amid looming legal woes August 17, 2022 British pharmaceutical giant GlaxoSmithKline (GSK) has been wrapped up with legal woes this week over recalled heartburn drug Zantac and a former AstraZeneca dealmaker – which have wiped billions off its market value. London-listed GSK’s shares have dipped into the red slightly today but remained above recent lows. However, the company has lost nearly eight [...]
Germany will run out of gas in less than three months if Russia turns off the taps August 17, 2022 Germany will suffer gas shortages in less than three months if Gazprom cuts off supplies to the continent, warned the country's regulator.
Asda chair slams Boris Johnson for not being ‘in charge’ as UK flounders amid cost of living crisis August 17, 2022 Boris Johnson has been lambasted by Asda boss Stuart Rose for being on “shore leave” as the UK faces economic turmoil. The supermarket chairman has criticised the Prime Minister for treating his last few weeks in the job as “one big party,” while the country is in the throes of a cost of living crisis. [...]
Asos shares slip after top exec announces departure August 17, 2022 The ASOS board have agreed a phased plan under which Mat Dunn, Chief Operating Officer and Chief Financial Officer, will step down from his roles as ASOS restructures its executive team.
Cineworld tanks as firm considers share dilution amid dwindling demand August 17, 2022 Cineworld said that despite a gradual recovery of demand since re-opening in April 2021, recent admission levels have been below expectations due to limited film slates.
Shares fly in Manchester United after Musk jokes he’ll buy the team August 17, 2022 Shares in Manchester United surged 17 per cent in pre-marketing trade this morning after Elon Musk joked that he would buy the famous football club.
London venture firm looks to scoop £83m for new climate fund August 17, 2022 A new venture vehicle has launched in London today with the aim of scooping up €100m (£83m) to pump into early-stage climate tech firms.
Just 20 per cent of rail network to operate on Thursday and Saturday as UK braces for next wave of strikes August 17, 2022 A fifth of rail services running on half of the network will be running on Thursday and Saturday, as industrial action is set to bring the country to a grinding halt. Network Rail has advised commuters to not use trains unless absolutely necessary, with limited services available for much of the country. This comes after [...]
UK’s space industry costs average taxpayer just £1 a year August 17, 2022 The Government’s investment in the country’s burgeoning space sector costs the average taxpayer just £1 a year, according to a UK Space Agency (UKSA) lead today. Speaking to BBC Breakfast about how the UK’s space ambitions fit into cost of living concerns, exploration science manager at (UKSA) Libby Jackson explained that the Government’s current investment [...]
London Bridge Underground closed as fire breaks out under the railway arches August 17, 2022 Passengers were evacuated from London Bridge Underground this morning after a fire broke out under the railway arches on Union Street in Southwark.