Vodafone offloads £4bn Spanish division as new CEO begins turnaround push October 31, 2023 Vodafone will sell its Spanish arm in what new CEO Margherita Della Valle describes as the start of a "right-sizing" effort at the telco giant
ULEZ: Number of polluting cars in London drops as 60,000 drivers hit by charge October 31, 2023 The number of polluting cars in London has dropped by nearly half since Sadiq Khan’s controversial decision to expand the ULEZ zone.
Shanghai Surprise: Chinese manufacturing slips in worrying sign for world economy October 31, 2023 Lower than expected manufacturing numbers have spooked Asian markets this morning as China provides warning on state of global economy
Elon Musk bought Twitter for $44bn – and it’s now worth less than half October 31, 2023 Twitter / X is now worth less than half what Elon Musk paid for it a year ago, the firm admitted in an internal memo yesterday
‘Riddled with inconsistencies’: Government urged to reform rail fares October 31, 2023 The government is under fresh pressure to reform the UK's "bizarre" rail fare system, amid ongoing hikes and industrial action.
London business confidence improves heading into Christmas October 31, 2023 London firms are growing increasingly confident heading into the Christmas period as inflation falls and firms have more certainty over the future of rate hikes.
Nuclear contender Westinghouse keen to win over local opposition as SMR race heats up October 31, 2023 Westinghouse Electric Corporation is confident is can win over any potential local opposition to nuclear power.
Reform business rates to keep food prices low, retail sector warns October 31, 2023 The rate at which food prices are increasing sank to its lowest level since last summer this month, as sector heads make fresh calls to the government to slash business rates to ensure the deceleration continues. According to the latest reading from the British Retail Consortium (BRC) food inflation came in at 8.8 per cent [...]
London-based Colt set to close $1.8bn swoop on Nasdaq-listed tech firm October 31, 2023 London tech firm Colt is set to complete its $1.8bn swoop on a US firm in the coming days after winning regulatory sign-off for the deal, City A.M. can reveal.
Rishi Sunak urged to use AI safety summit to protect UK’s music industry October 31, 2023 Organisation UK Music has written to the Prime Minister warning of risks to creators and the 200,000-strong sector’s “fragile” talent pipeline posed by artificial intelligence (AI).