Portmeirion Pottery sinks deeper into the red as Asian sales falter Retail Portmeirion, the historic maker of ceramic tableware and cookware, has slipped further into the red as declining sales in Asia continue to weigh heavily on the company. The London-listed group, which is headquartered in Stoke-on-Trent, saw its revenue fall to £36.6m in the first six months of 2024, down from £44.1m year on year. As [...]
South Korean appetite for single malt whisky keeps Scotch maker Artisanal Spirits on track Retail A growing appetite for single malt whisky in South Korea and Taiwan has helped British maker Artisanal Spirits Company go against the grain amid a slump in demand, according to its latest results. The company, which is headquartered in Edinburgh, cut its pre-tax loss to £3.1m in the six months ending June 30, 2024, from [...]
UK’s AI Safety Institute set to open in San Francisco Tech The British government is hoping the new office will allow the UK to tap into Silicon Valley's tech talent and strengthen ties with the US.
The Power of Capitalism: Kim vs the market only has one winner March 10, 2024 Dr Rainer Zitelmann is a German historian, sociologist and author. His latest book is The Power of Capitalism. In our exclusive series, Zitelmann reveals a compelling body of evidence that capitalism and market economies have lifted billions out of poverty. Today he writes on North and South Korea The contrast between North and South Korea [...]