UK retailers report weak December sales, downbeat about January December 21, 2023 British retailers reported a downturn in already weak sales this month as consumers feel the squeeze from high borrowing costs and inflation, and they are gloomier about the start of 2024, a Confederation of British Industry survey showed on Thursday. The CBI’s monthly retail sales balance, a gauge of sales over the year to December, [...]
LadBible owner reports sales growth as global audience surpasses 440m December 20, 2023 The media group which owns digital publisher LadBible is expecting a jump in sales and earnings over 2023 after building its audience and advertisers, it said. Manchester-based LBG Media, which also owns brands SportBible, Tyla and UniLad, said it was performing well in the UK and Ireland despite profits dragging in Australia. Social media followers across [...]
Toyota subsidiary Daihatsu suspends vehicle shipments over safety cheating December 20, 2023 Toyota's subsidiary Daihatsu will suspend shipments of all its vehicles in and outside Japan amid a safety scandal.
Odey Asset Management says FCA has concluded investigation December 19, 2023 The UK Financial Conduct Authority has concluded its investigation into Odey Asset Management (OAM) and "will not take any action," said an investor letter from the hedge fund said on Tuesday.
Jimmy Lai’s trial is a reminder of why the UK was right to help Hongkongers December 19, 2023 Jimmy Lai has been in jail since December 2020 and is now serving a sentence of more than five years on fraud charges – charges many believe are politically motivated. The 76-year old former pro-democracy newspaper tycoon, who has been one of the key targets in Hong Kong’s political crackdown, yesterday stood trial for another [...]
David Cameron calls for Jimmy Lai’s release amid national security trial December 18, 2023 David Cameron has called for pro-democracy newspaper publisher Jimmy Lai to be released, as his high-profile trial in Hong Kong gets underway.
The Notebook: A look at some of London’s top festive finds December 18, 2023 Where the City’s movers and shakers get a few things off their chest. Today, Michelle McGrath, executive director of Shaftesbury Capital, takes the pen. It’s no accident London is a festive city Christmas is famously the time of good cheer, but it is also the single most important time for retailers and the hospitality industry. [...]
Time for a check-up: British public policy is ignoring the signs of trouble to come December 18, 2023 The vast majority of the nation’s toothaches, one can fairly assume, could probably be prevented. A combination of regular brushing, flossing, and trips to the dentist will probably keep most people’s gnashers in good order. The problem, of course, is that routines slip. And then, suddenly, it’s two cavities and a root canal in January. [...]
Sunak warns of migrant threat as UK and Italy agree to fund Tunisia plan December 16, 2023 The UK and Italy will jointly finance a plan to return migrants in Tunisia to their home countries, as Rishi Sunak warned of the threat of migration to “overwhelm” European states.
Pro-Palestinian rallies in London continue as Gaza crisis intensifies December 16, 2023 Pro-Palestinian demonstrators have gathered again in London this weekend to call for an end to the Israeli bombardment of Gaza.