Boohoo pressures suppliers to drive down prices, says BBC probe November 6, 2023 Boohoo introduced a five per cent price cut for every week an order was late, a BBC report alleges
GKN Aerospace owner Melrose signs £4bn deal with GE Aerospace November 6, 2023 GKN Aerospace owner Melrose signed a new $5bn (£4bn) deal with aircraft engine supplier GE Aerospace this morning, prompting shares to jump 4 per cent. The new aftermarket services agreement will widen Melrose’s GKN Aerospace division’s current partnership with GE, surrounding its fastest selling high-thrust GEnx engines. In a statement on the London Stock Exchange, [...]
Monzo dives into insurance with London insurtech star at the helm November 6, 2023 Founder of digital insurance brand Brolly, Phoebe Chibuzo Hugh, has announced that she has joined digital challenger bank Monzo to lead its expansion into the insurance sector.
Concerns over shortages keep oil prices high as Saudi Arabia and Russia stand firm on supply cuts November 6, 2023 Saudi Arabia will be responsible for additional voluntary cuts of one million barrels per day — while Russia has slashed roughly 300,000 barrels per day from its output.
Aviva ‘immoral’ as row over defence company investment hots up November 6, 2023 Defence secretary Grant Shapps has warned insurance giant Aviva against 'immorally' divesting from defence companies.
Profit-pumped Ryanair announces plans for first ever regular dividend November 6, 2023 Ryanair announced its maiden dividend for shareholders this morning as soaring ticket fares helped the carrier net record profits.
Musk announces X/Twitter’s new AI tool: a sarcastic chatbot named Grok November 6, 2023 Grok will be able to scrape twitter / X, and have a 'rebellious streak,' Elon Musk said over the weekend as the AI race hots up
UK firms flock to Tiktok to grab Gen Z sales November 6, 2023 Nearly 1.5m UK businesses are using Tiktok to promote their products or services to younger and “more diverse” audiences, new figures reveal.
King’s Speech: What to expect from the State Opening of Parliament? November 6, 2023 King Charles will make his first King’s Speech in Parliament on Tuesday as he outlines the government’s legislative agenda for the next year.
UK must stop talking itself down, says Badenoch as report shows Brexit hasn’t hurt trade November 6, 2023 Business and trade secretary Kemi Badenoch has said the UK needs to stop talking itself down after a new report argued Brexit hasn’t damaged UK-EU trade to the extent some might have feared.
