Business News
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Coronavirus limitations hurt 2022 Chinese economic development.
China’s economy grew at the second-slowest rate in nearly half a century last year, indicating that the country’s severe coronavirus ...
Train drivers will go on strike in February.
On February 1 and 3, train drivers will go on strike after union leaders rejected a salary offer from rail ...
UK battery startup Britishvolt requests administrators.
The company informed that workers were needed to undergo voluntary wage cutbacks as it awaited critical government financing. Despite formerly having hoped ...
Pay climbs fastest in 20 years, below inflation.
The pace of wage growth is the highest it has been in over two decades. Yet it is still insufficient ...
Marks & Spencer’s £480m investment in new stores will create 3,400 jobs.
M&S is opening new stores across the United Kingdom that are designed “with families in mind” as part of a ...
Britishvolt hoping for last-minute rescue.
It is hoped that a last-minute bid for Britishvolt, which aims to build a facility to produce electric car batteries, ...
Struggling finance group MJ Hudson to reveal bids
The asset management consulting firm, whose shares were banned last month due to alleged accounting problems, has engaged consultants to ...
Transport minister allows rail businesses to make new union offer this week.
The transport secretary has “permitted” rail operating companies to make a new offer to railway unions this week to end ...
Tesla lowers prices by up to 20% to increase demand.
To increase customer demand, Tesla has reduced the price of some of its most popular electric vehicles by thousands of ...
World Cup-driven November growth raises concerns about recession.
Director of economic statistics at the Office for National Statistics (ONS), Darren Morgan, stated, “The economy increased somewhat in November, ...
UK economy outperforms in November
The UK economy surprisingly expanded in November, aided by the World Cup, according to official data. Despite households being squeezed ...