Ex-CEO faces trial for allegedly urging MPs to block Chinese-backed acquisition Legal The High Court is set to hear a case over an allegation against a former interim CEO of an aerospace firm who is accused of secretly lobbying MPs and the UK government to sabotage a Chinese-backed deal. The case follows a national security review by the UK government into a deal that could have led [...]
Huawei issues UK sales warning as restrictions hit hard telecoms The UK arm of Chinese telecommunications giant Huawei has issued a warning over its future sales as restrictions on its activities continue to have a major impact. The Reading-headquartered business has said its turnover in 2025 will continue on the downward trajectory it has been on since 2019 but that the company will remain profitable. [...]
Will Aston Martin ever make it out of the slow lane? Business Aston Martin on Monday issued a profit warning, downgrading guidance for the year ahead and slashing its car production target by around 1,000.