The Pound Sterling struggles to hold recovery, driven by the upbeat preliminary S&P Global/CIPS PMI report for April. Investors speculate that the BoE will shift to rate cuts in the June or August meeting. BoE Haskel wants to see more slack in labor demand to gain confidence that inflation will sustainably return to the 2% target....
Category: Bussiness
Post
Post
FTSE 100 record highs do not reflect a recovery for UK PLC – here’s why
The FTSE 100 has hit a second all-time closing high in as many days. The index of the UK’s biggest 100 listed companies, having earlier hit a new intra-day high of 8,075.52 at just after 8.24am on Tuesday, finished the session up 20.94 points, around 0.26%, at 8044.81. It’s worth reflecting it has taken just...
Post
Nestle adds sugar to baby food ‘only in poor nations’, not in UK & Europe
3 min read Last Updated : Apr 18 2024 | 11:28 AM IST Nestle, the world’s largest consumer goods company, has come under scrutiny following revelations by Public Eye, a Swiss investigative organisation, regarding the addition of sugar and honey to infant milk and cereal products in various countries, including India. The investigation...
Post
Altrad to buy Aberdeen-headquartered energy services firm Stork
Altrad, the French industrial giant, has announced it is acquiring Aberdeen-headquartered energy services firm Stork. The deal will see 1,800 workers move into the Altrad Group, 85% of which are based in north-east Scotland. It expected to close in the third quarter of this year subject to approvals. Stork is an operations and maintenance firm...
Post
‘Indie’ Releases Accounted for Nearly 30% of U.K. Music Consumption Last Year
Independently released songs and albums accounted for almost one-third of all music consumption in the United Kingdom last year, marking the sixth consecutive year of growth for the country’s indie sector, according to new figures from labels trade body BPI. In total, the equivalent of more than 53 million independently released albums were streamed or...
Post
Bursa Malaysia collaborates with UK’s MOBILIST to enable greater investment in energy transition
KUALA LUMPUR: Bursa Malaysia Bhd has entered into a collaboration with the United Kingdom’s (UK) Mobilising Institutional Capital Through Listed Product Structures (MOBILIST) programme to enable greater investment in energy transition and to advance the United Nations’s Sustainable Development Goals (SDGs) in Malaysia. Bursa Malaysia chairman Tan Sri Abdul Wahid Omar said the collaboration will...
Post
Samsara Celebrates 2024 Great Place To Work Certifications Across the United States, United Kingdom, and Poland
Article content Recognitions showcase Samsara as a top global workplace that employees are proud to work for SAN FRANCISCO — Samsara Inc. (“Samsara”) (NYSE: IOT), the pioneer of the Connected Operations™ Cloud, proudly announces it is Certified™ by Great Place To Work® in the United States, United Kingdom, and Poland. This accolade underscores Samsara’s dedication...
Post
Investment Fund for Northern Ireland
The Investment Fund for Northern Ireland will deliver a £70 million commitment of new funding to smaller businesses. The fund aims to drive sustainable economic growth by supporting innovation and creating local opportunity for new and growing businesses across Northern Ireland. The Investment Fund for Northern Ireland offers two different commercial finance options of loans...
Post
Nations and Regions Investment Funds
For a sustainable and prosperous UK economy to continue to grow, businesses across the UK need to thrive. The British Business Bank wants to break down particular barriers to finance so that access to finance is a level playing field for all entrepreneurs – wherever they are, whatever their gender, whatever their ethnicity. The purpose...
Post
Top 50 biggest news websites in the world: Newsweek doubles visits year-on-year in March
Newsweek was the biggest-growing news website in the world in March, according to Press Gazette’s updated ranking. The news magazine saw visits to its website more than double in March, up 128% year-on-year to 104.1 million, according to data from digital intelligence platform Similarweb. Newsweek has seen a recent run of strong growth, and was...
Post
India, UK discuss prioritising extradition requests relating to fugitives
Both sides discussed a host of issues including criminal intelligence sharing and combating financial crimes, organised crime, terrorism, cybercrime, and other transnational threats, a statement from the CBI Spokesperson said. Photo: Bloomberg 2 min read Last Updated : Apr 15 2024 | 9:37 PM IST India and the United Kingdom on Monday discussed the...
Post
New Brexit checks will cause food shortages in UK, importers warn
Ministers’ decision to impose Brexit import checks on 30 April will lead to shortages of some foods, flowers and herbs, industry leaders have warned. In the week after the government was accused of blindsiding the British food industry by giving 27 days’ notice that every consignment of items such as camembert, steak, tulips and chives...