• Tue. Jun 6th, 2023

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  • Britishvolt staves off collapse with five weeks of funding and steep staff pay cut

Britishvolt staves off collapse with five weeks of funding and steep staff pay cut

Electric vehicle battery startup still seeking buyer or longer-term investor to avoid administration Britishvolt has said it has secured five weeks of funding and its 300 staff have agreed to…

Foxtons reports 25% rise in revenues but tougher 2023 lies ahead

Estate agent’s results come as report predicts UK mortgage lending is heading for big slump The London estate agent Foxtons has flagged a “less certain” sales market, as it reported…

Retail sales fall in Great Britain as shoppers rein in food spending

Decline of 1.4% in September is first month that volumes have dropped below pre-pandemic levels Retail sales in Great Britain fell more steeply than expected in September as soaring prices…

UK pubs may face beer shortage before World Cup amid drivers’ strike

Drivers with GXO Logistics, which makes 40% of beer deliveries, to strike over pay and job cuts. The prospect of a UK beer shortage is looming as drivers and workers…

Virgin Atlantic staff can choose which uniform to wear ‘no matter their gender’

Airline reflects diversity of workforce with policy on its Vivienne Westwood-designed outfits Virgin Atlantic’s crew, pilots and ground staff can now wear whichever of its uniforms they feel most comfortable…

Ben & Jerry’s founders accuse Unilever of breaking deal in Israel

The founders of Ben and Jerry’s have accused the UK consumer giant Unilever of violating a 22-year-old agreement that could lead to the sale of the ice-cream in the occupied…

Covid lockdowns fuel surge in Lego profits

Danish toymaker reports 27% rise in profit and increased global market share but warns growth will slow

Elon Musk says there aren’t ‘enough people,’ birthrate could threaten human civilization

Business mogul Elon Musk is more concerned with under-population than over-population. The Tesla CEO said Monday that there are “not enough people” in the world and it could threaten human…