Nicolai Hojgaard wins DP World Tour Championship and second in Race to Dubai November 19, 2023 Hojgaard pipped Matt Wallace, Tommy Fleetwood and Viktor Hovland.
Ineos presented with £1.2bn bill to make Defender’s rival October 9, 2022 Ineos Automotive has been presented with a £1.2bn bill for its efforts to manufacture a rival to Land Rover’s Defender. Since its 2017 foundation, the car maker – a subsidiary of chemicals giant Ineos Industries – has faced several challenges, as first reported by the Sunday Times. Ineos doubled its losses to €212m (£193m) in [...]
British designed BAE nuclear subs will power up Australian navy as part of AUKUS defence deal March 14, 2023 Australia will operate a new generation of nuclear-powered submarines based on British designs as both countries modernise their armed forces as part of the AUKUS defence deal. The new boats will be in operation in the late 2030s as part of the AUKUS deal – involving Australia, the UK and US. It will follow a [...]
Major GB snowsport sponsor calls on London to back British athletes February 20, 2024 One of British snowsports’ biggest sponsors has called on the City of London, the capital and other big businesses to back the country’s athletes and help to build on their underdog success in winter sports. With winter sports in the UK granted a fraction of the funding that their summer counterparts receive, athletes such as [...]
Women ‘key’ to growth but are leading just 12 per cent of FTSE 250 firms June 13, 2023 Women are at the helm of just 47 FTSE 250 firms – just 12 per cent – despite holding “the key to economic growth”, Labour’s Anneliese Dodds has warned. The shadow women and equalities secretary told the Financial Times Women in Business summit that her party was “pro-business” and would “back women” in business from [...]
Eurowag boss: UK should remain open to alternative green fuels June 12, 2023 The founder and CEO of FTSE 250 firm Eurowag has said that the UK should remain open to synthetic fuels, amid impending bans on petrol and diesel vehicles and an ongoing wider debate over alternative fuels’ role in decarbonising. Speaking to City A.M. Martin Vohanka said he would like the UK to “stay open” to [...]
IMF upgrades China’s GDP growth forecasts despite real estate crisis November 7, 2023 China's economy is set to grow 5.4 per cent this year, having made a "strong" post-Covid recovery, the IMF said on Tuesday.
Falling in time for Christmas: Grocery inflation down to single digits for the first time in 16 months November 7, 2023 Despite the milestone, consumers are only seeing year-on-year price falls in a limited number of categories, including butter, dried pasta and milk.
What is going on at Abrdn? A rundown of the company’s troubles February 14, 2024 Investment firm Abrdn has been the victim of multiple bad headlines over the last few months. When will it stop for CEO Stephen Bird?
The UK currently wears the fintech crown – but complacency will quickly lose it February 12, 2024 The UK's fintech scene is thriving now, but that doesn't mean we can afford to rest on our laurels, writes Kelly Devine.