Vistry Group aims to close 18,000 homes in 2024, up from 16,118 built the previous year. A strong first half has been experienced and, with the business now in transition to a partnership model, it is believed that profits will keep on the upward trajectory. Part of the entitled land will be used to help …
ScotRail Temporarily Trims Timetable Due to Pay Dispute With Staff. This move is designed to minimize hassle to passengers. Nearly 600 services have been axed as of Wednesday to ensure "certainty as well as reliability". This follows the decision of four unions to reject last week a pay offer by the company, which translated to …
Dyson is expected to slash about 1,000 jobs in the UK, preparing to scale-down its headcount to the extent of over a quarter. The idea of cost-cutting began with Dyson's headquarters moving to Singapore last year and continues with its need to reposition for the future. Famous vacuum cleaner brand Dyson is now set to …
The government is setting up a new national wealth fund to pull together key financial institutions in order to increase economic growth and private investment in the country. This will support new industries, create jobs, and fight climate change by enabling investments in green energy and other priority sectors. The UK government has announced a …
Thames Water is lumbered with £15.2 billion of debt and must attract new investors by next June or risk running out of cash. The firm has been criticized over sewage pollution and leaky pipes but has pushed up profits. Still, its significant financial challenges could see it fall into government hands unless funds can be …
The North American part of the large events company Ticketmaster issued caution to customers after a massive hack in May led to 560 million of its users' personal details being stolen. It has asked customers to be cautious by watching their accounts and subscribing to identity monitoring services in case of misuse by cybercriminals out …
The FTSE 100 declined as the shares of BP and Burberry dropped. It issued a warning that profits would take a hit of $2 billion, while the latter was considering potential job cuts. On the other hand, US technology stocks gained on interest in the Fed's imminent decisions over interest rates. The FTSE 100 fell …
Sportswear brand Nike, with its numerous strategic blunders like moving away from third-party retailers and focusing on stores of its own, has weakened the market position of the sportswear brand. Besides, decisions in restructuring have hurt the relationship with individual sports. Allowing younger rivals to take the lead, Nike's share price has moved to lows …
Honda is relaunching Prelude in the UK as a hybrid sports coupe that targets young drivers. The sleek and driver-dynamics-focused car is developed from Civic and represents the most recent series of hybrid technology in this niche, showing the commitment of Honda in terms of efficiency without compromising driving pleasure. Honda is to return the …
A warning came from Schroders, Britain's largest investor, about the large pay gap between executives in Britain and their peers based in the US. If this continues, it could succeed in persuading the best blood to leave the UK shores in search of better remunerations in the US companies and thereby destroy the UK's competitiveness. …
Brookfield, one of the large Canadian private capital firms, is eyeing a start-up in the insurance company business within the UK and trying to capitalize on the increasing pension insurance market. Rising interest rates improved strained pension plans, boosting insurance that covers those plans. Brookfield's foray is upping the ante in an increasingly crowded market …
The French stock declined following the victory of the left-wing coalition, which won the highest number of parliamentary seats, causing a turmoil in the markets. The investors were actually caught by the trend of the poll results since they were anticipating a different result. The new UK finance minister, Rachel Reeves, pledged economic growth. Having …
A new pill, OXO-001, can give couples battling with IVF a better chance of pregnancy. If one believes the researchers in a study, women who took the pill showed a higher percentage of pregnancy and live birth rates compared to when the placebo was used. The drug appears to be safe, and soon it will …
Trade unions, celebrities and river activists have called on Britain's new government to order water companies to scrap up to 91% customer bill hikes in England and Wales and to review how water is owned and managed. Michael Rosen, Nish Kumar, and Stephen Fry have joined Greenpeace, Surfers Against Sewage, River Action, the Rivers Trust, …
