‘Wasteful’ disposable vapes to be banned by next June October 24, 2024 Disposable vape sales will be banned by next summer, the government has said, branding the e-cigarette products “wasteful”. Fresh legislation to ban the sale of single-use vaping devices from June 2025 was introduced before Parliament on Wednesday. The government says an estimated five million single-use vapes were littered or thrown away each week last year [...]
UK banking complaints nearly double amid credit card and motor finance woes October 24, 2024 Official UK banking complaints almost doubled in the first half of 2024 as consumers hit out against firms' handling of credit cards and motor finance.
No end for Boeing strike as US workers reject 35 per cent pay rise offer October 24, 2024 Boeing factory workers in the US voted against the company’s latest contract offer and remain on the picket lines six weeks into a strike that has stopped production of the aerospace giant’s best-selling jetliners.
Jupiter moves to keep control of Ben Whitmore’s fund as he heads for the exit October 24, 2024 Jupiter Asset Management has decided to hold on to the £616m fund mandate run by star manager Ben Whitmore despite attempts by him to bring the fund with him as he leaves.
CMA launches merger inquiry into Alphabet and Anthropic partnership October 24, 2024 Britain's competition watchdog has opened a merger inquiry into Alphabet's partnership with artificial intelligence (AI) safety start-up Anthropic.
UK suffering from ‘vibecession’ ahead of the Budget, PwC says October 24, 2024 The firm's latest consumer sentiment survey dipped to -8 at the end of September, its lowest point this year.
Crispin Odey rejoins eponymous hedge fund October 24, 2024 Former hedge fund manager Crispin Odey has rejoined the company he left last year following sexual assault allegations against him. Odey Asset Management, named after the eponymous founder, was wracked with scandal last year after a Financial Times investigation revealed more than a dozen women had accused the manager of sexual assault. While there had [...]
Budget uncertainty sends economic activity down to lowest level in almost a year October 24, 2024 Uncertainty surrounding the Budget knocked economic activity in October, according to a closely watched business survey, as firms delayed decisions in the face of possible tax changes.
Gattaca: Recruiter posts small profit amid industry troubles October 24, 2024 Recruiter Gattaca has posted a small profit amid growing challenges in the recruitment industry. The London-listed firm recorded revenue of £389.5m for the fiscal year ended 31 July 2024, up from £382.1m last year. However, earnings before interest, taxes, depreciation, and amortisation (EBITDA) fell by around half. Its underlying profit before tax sat at £2.9m, [...]
Applied Nutrition prices London IPO towards lower end of range October 24, 2024 Sports health brand Applied Nutrition priced its IPO at £350m, towards the bottom of its guided range but still a boost for the beleagured London Stock Exchange.