Group hits Shein with labour abuse dossier ahead of Select Committee
Shein has been provided with a dossier of evidence alleging supply chain abuses ahead of its appearance before a Select Committee on Tuesday.
Keir Starmer hits back at Elon Musk on grooming gang claims
Keir Starmer has hit back at Elon Musk today after a series of attacks from the Tesla tycoon over the government’s handling of historic ‘grooming gang’ sex abuse cases. In a press conference tod
Renais: Gin brand co-founded by Harry Potter star Emma Watson raises £5m
The luxury gin brand co-founded by Harry Potter star Emma Watson and her brother has raised almost £5m. Renais Gin, which was launched in May 2023, has secured £4.95m on the back of expanding into t
UK firms shed jobs at fastest rate in three years amid payroll hikes
Weak demand and higher payroll costs have led to the steepest decline in service sector jobs since January 2021, according to a new survey. Nearly a quarter of survey respondents reported a fall in wo
Lloyd’s of London insurer snubs the City with New York IPO plans
A Lloyd’s of London insurer has dealt a fresh blow to the City by snubbing the London Stock Exchange in favour of New York for its planned IPO, piling fresh pressure on the capital’s bourse after
Premier League betting wins force Stanleybet into the red
Betters winning big on Premier League football match results contributed to Stanleybet entering the red, it has been revealed. The Liverpool-headquartered company said a “sustained period of player-
UK funding for AI startups surges but still lags behind US
AI startups captured 25 per cent of all UK venture capital funding in 2024, totalling $15.9bn (£12.8bn) – a sharp rise from $3.1bn (£2.5bn) four years ago. Balderton Capital’s latest data shows
Buy IAG and sell Wizz Air says broker as British Airways takes off
Analysts have backed British Airways owner International Consolidated Airlines Group (IAG) while warning investors away from budget airline Wizz Air in 2025. Panmure Liberum analysts picked IAG shares
H Samuel and Ernest Jones owner cuts loss despite £40m sales hit
The company behind high street jewellers H Samuel and Ernest Jones significantly cut its loss despite sales falling by almost £40m during its latest financial year. The Birmingham-headquartered busin
Brits buy 50m Aldi mince pies as budget grocer hails ‘best Christmas ever’
Aldi has recorded its best festive season ever in 2024, with sales topping £1.6bn in the month before Christmas. Sales at the grocer grew 3.4 per cent year on year, while its seasonal offering rose 1