Rivian recalls almost all its EV trucks due to technical issue October 9, 2022 US electric truck maker Rivian has recalled most of its production due to a possible technical issue. Rivian over the weekend decided to recollect around 13,000 of its 14,317 vehicles manufactured after discovering that a fastener connecting the front upper control arm and the steering knuckle in some of its vehicles may have remained loose. [...]
Rio Tinto apologises after losing radioactive capsule in Australia January 30, 2023 Rio Tinto has lost a radioactive capsule which emits the equivalent radiation of 10 X-rays an hour - after the product fell off a truck.
Energy industry calls for clampdown on brokers as businesses brace for winter August 23, 2023 The role of brokers in the business supplier market is in urgent need of regulation to protect companies from high prices this winter, an industry body has warned.
We shouldn’t be running out of tomatoes because we can’t sort out our supply chains May 5, 2023 Over the last month, bad weather in Europe and Northern Africa led to certain salad items being in short supply across the UK. Leading supermarkets, including Tesco’s, Morrisons, Aldi and Lidl all limited the number of tomatoes, peppers and lettuce that consumers can buy. Product shortages aren’t necessarily unusual, but since the pandemic, they have [...]
From ‘sugar rush’ to recovery: Could 2024 be the year London markets get back on track? December 28, 2023 As a subdued year on the London stock market comes to an end, Dan Webster looks ahead to what may be in store in 2024.
Arm’s New York listing is an example of London’s success being lost to competitors March 13, 2023 Cambridge-based chip designer Arm snubbed the London Stock Exchange and listed on Nasdaq. It won’t be the last tech firm we lose unless we learn to encourage continued growth, writes Nicholas Lyons.
The Notebook: Olle Lundin on revolutionising banking, reshaping the fintech landscape and expanding into the UK June 21, 2023 The notebook is written by Olle Lundin, co-founder and CEO of Swedish fintech Froda, which is launching in London As I stand here today, on the brink of Froda’s expansion into the UK market, I can’t help but feel both excited and nostalgic. You see, long before co-founding Froda and embarking on this incredible fintech [...]
UK borrowing hits December record of £27.4bn piling pressure on Hunt ahead of March budget January 24, 2023 UK borrowing in December hit its highest total in 30 years driven upwards by the government’s debt interest bill soaring due to raging inflation, official figures out today show. The government took on £27.4bn of debt last month, the largest amount since records began in 1993, according to the Office for National Statistics (ONS). The [...]
Exclusive: Almost a quarter of firms have let staff go due to pandemic with a fifth now hiring freelancers June 16, 2022 Workers are increasingly entering unstable work patterns due firms cutting cut staff and replacing them with freelancers. Research published today and shared exclusively with City A.M. reveals 23 per cent of business owners have let permanent staff go this year, while a fifth are going for more flexible workers. The data showed 42 of freelancers [...]
Frontline LE60 and BEE GT: V8 and electric MGB restomods driven October 11, 2023 Tim Pitt drives two very different MGB restomods from Frontline: the V8-engined LE60 and the fully electric BEE GT.