Watchdog to investigate mattress firm Simba over pricing tactics December 15, 2023 The competition regulator has launched a probe into mattress seller Simba Sleep amid concerns its could be misleading shoppers with price reduction claims. The Competition and Markets Authority (CMA) said it will examine whether the firm has “misled consumers about price reductions and put unfair pressure on consumers to make quick purchases”. It comes after [...]
UK fintech group IEC floats on London Stock Exchange’s AIM rival Aquis December 14, 2023 A UK fintech group has listed on the Aquis stock exchange in a boon to the City after a year of its public markets being starved of listings.
Ad watchdog conducts record level of rulings on green issues in 2023 December 12, 2023 Since the start of the year, the Advertising Standards Authority (ASA) has conducted 29 formal rulings on green issues this year.
Adobe boss says CMA should ‘move more quickly’ on Figma takeover decision December 12, 2023 A top Adobe executive has slammed the CMA for taking too long to reach a decision on the company’s proposed takeover of Figma.
Hargreaves Lansdown and AJ Bell shares slump as regulator fires interest rate warning shot December 12, 2023 Hargreaves Lansdown and AJ Bell have slumped in value this morning after the Financial Conduct Authority fired a warning shot at retail investment firms over the interest income they are making on customers’ cash.
Unilever probed over ‘greenwashing’ concerns – and use of green leaves December 12, 2023 Unilever are under the microscope over 'greenwashing' accusations - with criticism over their use of 'green leaves'
Taxpayers and passengers hit by competition issues in railway station catering market, watchdog warns December 12, 2023 A lack of competition in the railway station catering market is driving up costs for passengers and taxpayers, the rail watchdog has warned.
Could Saudi Arabia be set for majority control of Heathrow? December 10, 2023 Saudi Arabia could take majority control of Heathrow airport, as shareholders moot an offer from a group of Saudi-state backed investors.
Telegraph takeover ‘completely unacceptable’ says former MI6 chief December 10, 2023 A former MI6 chief has sounded the alarm bells over what he calls a potentially calamitous foreign takeover of The Telegraph.
CMA invites comments on Microsoft and OpenAI partnership impacting UK’s competition December 8, 2023 The CMA is inviting comments on whether the partnership between Microsoft and OpenAI has "resulted in a relevant merger situation".