Exclusive: Amazon Prime Day UK sales top £2bn despite consumer caution July 14, 2025 Amazon’s biggest UK shopping event on record has delivered a much needed adrenaline shot to Britain’s faltering retail sector – with online spending during its four-day Prime event topping £2bn for the first time. Consumers splashed out £2.08bn online between the 8th and the 11th July, driven by steep discounts on everything from baby toys [...]
Peter Kyle hits back at claims Labour is too close to Big Tech July 9, 2025 Tech secretary Peter Kyle has hit back at criticism that the Labour government is cosying up to Big Tech, insisting he’s “doing the job” by securing the best deals for Britain. Speaking at a Google Cloud event in London on Tuesday, Kyle addressed recent reports flagging the number of meetings he’s had with US tech [...]
Longest-ever Prime Day to see Brits spend nearly £2bn on Amazon July 8, 2025 A four-day-long Prime event is set to see Brits spend £1.9bn as consumers increasingly look to deals and discounts for their shopping. Retailers are hoping the discount bonanza will be a boon after a tough first half of the year, and a chance to get ahead of what is expected to be a tough second [...]
Amazon’s £40bn investment to create nearly 10,000 jobs June 24, 2025 Amazon will invest £40bn into the UK in the next three years as it looks to boost production and delivery capacity, creating 9,500 jobs in the UK. The investment will provide funds to build four new robotic fulfillment centers, as well to refurbish the media giant’s film studios in Berkshire. The three already-announced high-tech warehouses [...]
Losses continue at maker of BBC Question Time as jobs shed June 17, 2025 Losses have continued at the production company behind the likes of Amazon’s UK Premier League coverage and Question Time for the BBC after its turnover was slashed by £70m over two years. Tinopolis Group has reported a pre-tax loss of £21.1m for the 12 months to 30 September, 2024, having also posted a loss of [...]
Pinewood gets Netflix, Disney and Amazon boost amid Trump’s tariffs threat June 12, 2025 Deals with Netflix, Disney and Amazon have given iconic film studio group Pinewood a significant financial boost ahead of US President Donald Trump’s threatened tariffs. For the 12 months to 31 March, 2025, Pinewood Group has reported a turnover of £213.1m, up from the £146.4m it achieved in the prior year. Pinewood pointed to long [...]
Trump tells Walmart to ‘eat the tariffs’ instead of raising prices May 17, 2025 US president Donald Trump said on Saturday that Walmart should “eat the tariffs” instead of blaming duties imposed by his administration on imported goods for the retailer’s increased prices. His comments were in response to the world’s largest retailer saying this week it would have to start raising prices later this month due to high tariffs. “Walmart [...]
Tesla and Apple shares surge as US markets rally on trade deal May 12, 2025 Markets on Wall Street soared on Monday as investors welcomed the trade progress between the US and China. The S&P jumped over 2.6 per cent as markets opened and the Dow Jones 2.41 per cent. Amazon gained over seven per cent and Nike six per cent. The tech-heavy Nasdaq rallied 3.5 per cent. Tech giants [...]
Amazon arms UK warehouses with its new robot ‘Vulcan’ May 7, 2025 Amazon has unveiled its most advanced robot to date – a machine that can sense touch – in a move aimed to alter how its warehouses are staffed and operated. The robot, dubbed Vulcan, was announced today at Amazon’s ‘Delivering the Future’ event in Dortmund, Germany. It is designed to replicate one of the most [...]
Amazon row proves Trump’s America is an unreliable partner for business May 5, 2025 Trump’s overreaction to an unconfirmed story about Amazon including the cost of tariffs on its price labels businesses must now navigate a landscape where loyalty to the President matters more than logic, says Eliot Wilson It started with Punchbowl News. On Tuesday last week, as Donald Trump was marking 100 days in office, the Capitol [...]