The UK’s National Air Traffic Service (NATS) has appointed the former boss of Rolls-Royce as chair as it looks to rebuild confidence after last August’s air traffic meltdown. Warren East …
Investing
Attacks on retail shop workers to become separate criminal offence
Assaulting a shop worker will become a separate criminal offence in England and Wales following a recent wave in retail crime. Government said it will introduce the new offence in …
Comments from ex-chief send the Shell share price to an all-time high
The Shell share price hit another all-time high this week as the company continued its positive run. The firm, already the largest by market capitalisation on the London Stock Exchange, …
Nationwide turns to AI after adverts starring Dominic West banned
Nationwide has turned to AI in a bid to avoid any further entanglements with a UK watchdog after its adverts starring Dominic West were banned for being misleading. The country’s …
M&C Saatchi has “much more to do” ahead of new CEO arrival
Media stalwart Zillah Byng-Thorne said this morning that ad agency M&C Saatchi, which she now chairs, still had “much more to do.” The former head honcho at publishing giant Future …
Chamberlin shares plunge as engineering group cuts jobs and hikes prices
Shares in Chamberlin plunged 20 per cent this morning after it hiked prices and announced a wide-ranging cost cutting programme to tackle a slowdown in demand. The Walsall-based firm, which …
THG making ‘material progress’ as tech firm’s boss hails 2023 EBITDA growth
Cult Beauty and MyProtein owner THG saw continuing adjusted EBITDA growth of almost 50 per cent in 2023 compared to the year before, it told markets in a statement this …
Tesco’s profit surges as lower prices draw in consumers
Britain’s biggest supermarket, Tesco, has traded in line with raised expectations, posting a total operating profit of £2.8bn for the full year. This morning, chief Ken Murphy thanked a slew …
Cost inflation and weak demand hurts Speedy Hire as construction sector struggles continue
UK tool and machinery specialist Speedy Hire said its 2023 results would be lower than initial expectations as softer demand and warmer-than-expected weather hit. In a trading update issued to …
‘Lack of appetite’ in London drives another high-tech firm to Nasdaq
A British medicine research firm has quit London’s AIM market citing a ‘lack of institutional UK interest’ and “risk appetite” as it launches a fundraise and switches to US markets. …