Britain to narrowly avoid recession – but meagre growth will make it ‘feel a lot like one’ anyway September 6, 2023 Britain will narrowly avoid a recession this year – but people and businesses will still feel the pain akin to the 2008 financial crash, according to an influential business network. The UK economy is on course to eke out growth of 0.4 per cent over 2023, the British Chambers of Commerce (BCC) predicted in its [...]
The Notebook: Tim Rodber on the office of the future, English rugby’s warm-up campaign and the biggest workplace trend September 6, 2023 Tim Rodber is CEO of The Instant Group, a workspace consultancy, and played rugby union for Northampton, England and the Lions The future office exists, but it’s had a makeover We are in the midst of a workplace revolution and the traditional world of office landlords and tenants operating in an almost feudal relationship is [...]
Pump price of unleaded petrol soars to yearly high September 5, 2023 The price of petrol on UK forecourts has risen to its highest level so far this year, figures show.
Chancellor to set out Autumn Statement on November 22 September 5, 2023 Jeremy Hunt will set out an Autumn Statement on November 22, the Chancellor has told MPs.
Renault boss sees potential £8.6bn valuation for EV unit float next year September 5, 2023 The initial public offering (IPO) of Renault's Ampere electric vehicle division could get a valuation of up to €10bn (£8.55bn), CEO Luca de Meo said.
Jordan Henderson defends move to Saudi Pro League after LGBTQ+ criticism September 5, 2023 Jordan Henderson has apologised for any hurt he has caused to the LGBTQ+ community and insists his move to Saudi Arabia can help the gay rights movement. The England midfielder was a high-profile and vocal supporter of LGBTQ+ rights as Liverpool captain but has been heavily criticised after agreeing to a lucrative switch to Saudi [...]
Ashtead’s share price falls after lowering UK revenue outlook September 5, 2023 British equipment rental firm Ashtead Group lowered its annual UK rental revenue growth forecast today citing softening market conditions.
Toyota reveals hydrogen-powered Hilux as UK built project September 5, 2023 Toyota has revealed a UK-built hydrogen-powered version of its popular Hilux pick-up as the firm looks to ‘explore all available technologies’ to drive down its carbon footprint. While European versions of the Hilux are usually made in Durban, South Africa, Toyota’s Burnaston factory in Derbyshire has been tasked with developing a hydrogen fuel cell-powered version [...]
Johnson Service Group hikes outlook as labour costs expected to fall September 5, 2023 Johnson Service Group has said the proportion of revenue used to pay its workers has fallen and will continue to drop in the second half of the year.
Qantas: Aussie airline boss quits after ticket-selling scandal September 5, 2023 The boss of Australian airline Qantas has said he will leave his job immediately — two months earlier than planned — following a series of embarrassing revelations about the company, including allegations it sold tickets for flights that had already been cancelled. Chief executive Alan Joyce said that after 15 years running the national carrier [...]