Easyjet, Rolls-Royce and Airbus call on UK to fund hydrogen-powered flights September 5, 2023 A coalition of Easyjet, Airbus and Rolls Royce are calling for urgent investment from the UK government into hydrogen.
Asda chairman says supermarkets owed ‘debt of gratitude’ as he snubs profiteering claims September 5, 2023 Asda’s chairman said supermarkets are owed a “great debt of gratitude” as he rebuffed claims that the grocer is profiteering from rising petrol and food prices amid the cost of living crisis. Speaking to LBC, Stuart Rose said that all retailers have seen their profits over the last year go “backwards”. “If you look at [...]
Explainer: The sickness benefit system gets an overhaul September 5, 2023 Months ago, Rishi Sunak and his Chancellor Jeremy Hunt went on an offensive to bring people back into the workforce. Armed with carrots and sticks, they were claiming the productivity and economic problems of the country were caused, among other things, by the fact that too many people were staying at home, refusing to come [...]
Easyjet boss questions whether NATs is ‘fit for purpose’ after air traffic control failure September 5, 2023 Easyjet’s chief executive has questioned whether Britain's National Air Traffic Services (NATs) is fit for purpose following the network-wide failure of the country's air traffic control systems last week.
Ecora upholds dividend plans even as easing commodity prices weighs down profits September 5, 2023 Ecora Resources has upheld its dividend plans, even as easing commodity prices weighed down the company's bottom line.
Gambling Commission chief says fines have caused industry ‘real distress’ September 5, 2023 The UK gambling watchdog’s boss has said escalating regulatory action and penalties have caused the industry some “real distress”.
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.
N Brown: Online retailers will ‘kick on’ again in new year following cost of living lull September 5, 2023 N Brown chief executive Steve Johnson said he expects online retailers to “kick on” again in the new year, following a lull period driven partly by customers returning to physical stores in order to shop around amid the cost of living crisis. Speaking to City A.M., Johnson, who heads up the business behind popular online [...]
Arm aims for £41bn valuation in IPO September 5, 2023 Cambridge-headquartered chip designer Arm is targeting a valuation of up to $52bn (£41bn) in its upcoming initial public offering in New York, the company said today.
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.