Business News
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AMTE Power’s petitions are ignored.
The AIM-listed manufacturer of electric car batteries, which confronts imminent bankruptcy, was unable to secure emergency funding assistance from taxpayers. ...
Competition and Markets Authority found price marking issues in all food stores.
People who cannot travel to large stores or shop online and rely on expensive corner stores do not benefit from ...
Elon Musk: Tesla may drop costs again in ‘turbulent times’
Elon Musk as the global economy experiences “turbulent times.” The multibillionaire’s remarks followed the company’s announcement that its profit margins ...
India prohibits maize exports to prevent price increases.
India has prohibited the export of white rice that is not basmati to prevent impending domestic price increases. In the ...
Jaguar Land Rover will invest £4bn in UK battery factory
Jaguar Land Rover owner Tata aims to build its flagship electric car battery manufacturing in the UK. The Somerset facility ...
Tata Motors announces UK battery gigafactory.
The corporation anticipates the £4 billion investment to create 4,000 direct jobs and tens of thousands in the supply chain. ...
Inflation surprise reduces interest rate rise.
As a result of the UK’s unexpected decline in inflation in June, it is expected that interest rates will rise ...
Sunak criticised for excluding SMEs from business council
The Federation of Small Businesses has criticized the Prime Minister for assembling a group of “corporate bigwigs” and “suits” as ...
McDonald’s staff denounce sexual abuse.
A toxic culture of sexual assault, harassment, bigotry, and bullying has been alleged by more than one hundred current and ...
Searchlight negotiating London-listed Private Gresham
The alternative asset manager could become the latest UK-listed company to be taken private in 2023. Gresham House, a London-listed ...
RBA: Australia appoints its first female central bank governor
The central bank of Australia will be administered by a woman for the first time since its establishment in 1960. ...
Consumer group worries banks ‘may be mistakenly cancelling accounts or discreetly tagging them for fraud’.
According to Which?, the Financial Ombudsman Service (FOS) received over 1,380 complaints regarding current account closures in 2022-23, of which ...