AI giant Coreweave in £1bn UK investment as London picked for new European HQ Investment An American artificial intelligence (AI) group has announced plans to invest £1bn in the UK after opening a new office in London as its European headquarters.
Workers rights row: Labour’s Rayner vows to expand protection from sex harassment to interns UK Politics Angela Rayner has vowed Labour will expand sexual harassment protections to include interns and volunteers, amid a row with unions over the party’s workers’ rights proposals.
Profits steady at Frasers Group-owned Jack Wills after store closures and job cuts Fashion Profits remained steady at Jack Wills, the fashion brand owned by Mike Ashley's Frasers Group, as a raft of store closures and job cuts saw its revenue fall below £30m.
Labour market slowdown might be coming to an end raising questions for Bank of England May 9, 2024 The survey will give conflicting signals to the Bank of England, as policymakers mull their latest interest rate decision, due later today.
Cazoo preparing to enter administration as car retailer attempts to avoid collapse May 8, 2024 Cazoo has signalled its intention to enter administration and not ruled out winding up the company.
Former immigration minister Jenrick says Tories must win back ‘on strike’ voters May 8, 2024 The Conservatives need to win back voters who have gone “on strike” over the failure to tackle immigration and extremism, Robert Jenrick has said.
Seasalt: Delayed results reveal sales success but profits under pressure May 8, 2024 Sales surged past the £100m mark at fashion brand Seasalt but profits were slashed, according to heavily delayed accounts.
Chicken King’s empire still in the red despite sales passing £3bn May 8, 2024 The food empire run by the so-called "Chicken King" has spent another year in the red despite its turnover rising to more than £3bn.
Winding-up petition puts Chamberlin’s future in doubt as shares suspended May 7, 2024 The future of specialist castings and machining group Chamberlin has been placed into serious doubt after it was issued with a winding-up petition and its shares were suspended from trading.
Losses at Coventry arena revealed after Mike Ashley’s takeover as turnaround continues May 7, 2024 The Coventry Building Society Arena lost more than £4m in the first six months after being acquired by Mike Ashley, it has been revealed.