Shipping sector’s growth to slow down due to global economic woes November 29, 2022 The shipping sector’s growth is set to slow down next year as global economic and geopolitical woes impact trading. According to research published today by UN agency UNCTAD, the industry’s expected growth will slump to 1.4 per cent this year – 1.8 per cent down on 2021 levels. While for the wider 2023-2027 period, trade [...]
Impax hit by outflows as investors adopt ‘risk-off’ stance May 29, 2024 ESG-focused Impax Asset Management has seen continued net outflows into 2024 as investors withdraw from sustainable funds, while its investment performance drove a growth in assets under management.
Bulk sales surge on back of Tiktok and Instagram Gen Z wellness shopping May 28, 2024 Bulk said sales across its range of protein shakes, creatine and products for skin and nails were up 94 per cent, as the company ramps up its presence on TikTok to attract wellness obsessed Gen Z shoppers.
Babcock: UK military manufacturer scoops £75m contract for British army training February 6, 2024 The defence firm will provide individual trade and technical training in a seven year deal which will start in April.
Svitolina shocks Swiatek at Wimbledon as Djokovic reaches semis July 11, 2023 Elina Svitolina praised Iga Swiatek as an “unbelievable person” for her support of Ukraine after the wildcard toppled the world No1 today in the biggest shock so far at Wimbledon. Svitolina, who has steadily been making a comeback after giving birth nine months ago, beat the Ladies’ Singles favourite 7-5 6-7 6-2 in front of [...]
UK condemns North Korea for supplying arms to Russian Wagner Group mercenaries December 23, 2022 The UK has condemned North Korea for completing an arms delivery to Russia’s mercenaries in the notorious Wagner Group. Foreign Secretary James Cleverly made his comments on Thursday after the US released information claiming Pyongyang had completed an arms delivery, which is in breach of UN Security Council resolutions. Cleverly said: “The UK supports the [...]
Brompton rides ahead with £19m stake sale as it anticipates China boost May 16, 2023 Brompton, the manufacturer of London’s iconic folded bikes, is set to sell a £19m stake in the firm to the Business Growth Fund (BGF), as it looks to accelerate its expansion. Chief executive Will-Butler Adams told The Times that it would announce the sale soon. The deal values the company at £200m including the new [...]
German economy hurtling towards recession on Russia-Ukraine war March 15, 2022 The German economy is hurtling towards a recession as the Russia-Ukraine war sours investors’ optimism for Europe’s largest economy, reveals a closely watched survey released today. Moscow’s barbaric assault of Ukraine and the West’s sweeping set of sanctions to lock Russia out of the global economy is “significantly dampening the economic outlook for Germany,” Achim [...]
Ryanair chief calls for UK air traffic control boss to go after Gatwick outage December 10, 2023 The boss of Ryanair has called for head of the UK's air traffic control body to step down after an outage at Gatwick yesterday caused significant disruption.
Russia hikes rates to 12 per cent as ruble plummets to lowest level since Ukraine invasion August 15, 2023 Russia’s central bank has raised its key interest rate by 3.5% in a move designed to fight inflation and strengthen the ruble after the country’s currency reached its lowest value since early in the war with Ukraine. The decision to hike the key rate to 12% was announced after an emergency meeting of the bank’s [...]