GM attributed the change of strategy to “the considerable time and resources that would be needed to scale the business”. The company did not say
Category: Business
Avanti West Coast workers to strike over Christmas
The strikes have been announced just weeks after the RMT accepted a backdated pay rise of 5% from the Rail Delivery Group, the body which
Coffee prices at record high after bad weather
While in recent years major coffee roasters have been able to absorb price hikes to keep customers happy and maintain market share, it looks like
Rachel Reeves vows to cut ‘waste’ as spending review begins
On Tuesday, Reeves said she wanted to find “efficiency savings within government spending of 5%” as part of the review. It is understood that departments
Car finance scandal branded ‘an unholy mess’
Lawyers for car buyers say cases should proceed on the basis of the Court of Appeal ruling, but Mr Rathi was more circumspect. He said
Equiment hire giant Ashtead to move stock listing to US
The firm aims to move its primary listing to the US in the next 12 to 18 months, but it will keep a UK listing
Hershey shares jump on Cadbury owner buyout report
The approach is still in the preliminary stages and it is not certain that talks will lead to a deal, according to Bloomberg. Any deal
Rupert Murdoch loses bid in real-life ‘Succession’ battle with kids
The case was launched after Mr Murdoch decided to change the trust over worries about a “lack of consensus” among the children, the Times reported.
Renishaw founder and Concorde engineer Sir David McMurtry dies
Sir David founded Renishaw to commercialise the 3D touch-trigger probe for co-ordinate measuring machines. He had invented the probe the previous year to solve measurement
Major water company uses accounting trick to inflate balance sheet by £1.68bn
Auditor Stanley Root says water companies are under great pressure to pay substantial dividends and the Trimpley scheme helps Severn Trent Water deliver. “It makes