Motorway cuts its loss as sales rise at ITV’s Six Nations sponsor October 14, 2024 Online-only used car marketplace Motorway cut its pre-tax loss in 2023 as the Six Nations TV coverage sponsor handled more than £2.2bn in sales transactions in the year. The London-based business, which has a network of more than 7,000 car dealers, has reported a pre-tax loss of £31.7m for its latest financial year, down from [...]
Investment Summit: Industrial strategy is ‘not picking winners’, Starmer insists October 14, 2024 The UK is “not in the business of picking winners” but is focused on “building on our strengths”, Sir Keir Starmer has said, as he unveiled the government’s industrial strategy at its flagship investment summit in London. The Prime Minister told the conference in the City of London today that the government’s focus was on [...]
Stansted Airport to add 5,000 jobs as part of £1.1bn expansion plan October 14, 2024 Keir Starmer unveiled proposals to expand Stansted's existing terminal building by a third at Monday's investment summit in London.
DP World: P&O Ferries owner unveils £1bn London Gateway investment following row October 14, 2024 DP World had threatened to cancel the announcement after Transport Secretary Louise Haigh described its subsidiary as a "cowboy operator."
If growth is the challenge then investment is the solution October 14, 2024 The UK needs to drastically improve its ‘fundamentals’ in housing, energy, transport and digital infrastructure in order to attract private investment, and today's summit is the right place to start, says Dan Tomlinson MP
We can teach you how to disagree October 14, 2024 When businesses suffer from groupthink they miss out on opportunities for growth, innovation and profits. Enter The Provocation People, a left-leaning LSE professor and pro-Brexit, free market former MP, to help you embrace disagreement Businesses suffer from groupthink – even when they claim to embrace disagreement and dissent. And individuals are frequently hostile towards different [...]
Like it or loathe it, DP World’s £1bn investment is vital to UK shipping October 13, 2024 The government narrowly avoided a major setback after DP World, the owner of P&O Ferries, threatened to pull £1bn in investment from London Gateway port.
DP World: Ministers had ‘conversation’ to salvage investment after row October 13, 2024 Ministers were forced to “have a conversation” with executives from DP World to secure its investment after a senior minister referred to one of its subsidiary P&O Ferries a “rogue operator”, the business secretary has said. Business secretary Jonathan Reynolds said the investment – which was reportedly put in jeopardy following the scathing criticism of [...]
P&O Ferries owner pulls £1bn UK port investment following row with ministers October 12, 2024 Dubai-based DP World planned to unveil the expansion of London Gateway Port at the Labour government's investment summit on Monday.
Square Mile to ramp up efforts against ‘menace’ of Lime and Forest bikes October 11, 2024 The City of London corporation is also lobbying for legislation, namely the introduction of a pan-London contract for micromobility operators.