Shein’s ambitions to list on the London Stock Exchange have been cast into renewed doubt after the fast-fashion behemoth was roundly criticised by MPs for repeatedly failing to address concerns about cotton sourcing and alleged forced labour in Xinjiang. The ...
Debt-laden Asda has emerged as the weakest performer among Britain’s biggest supermarkets this festive season, as new data from Kantar shows a steep 5.8 per cent drop in sales over the 12 weeks to 29 December, dragging its market share ...
A company director who “repeatedly subverted the insolvency system” by facilitating debt-dumping arrangements for struggling businesses has been banned from running firms for nine years, following a government investigation. Neville Taylor, 57, served as a director of more than 400 ...
Rachel Reeves, the chancellor, is preparing to lead a team of ministers and advisers to the 2025 World Economic Forum in Davos, aiming to attract international backers and calm disquiet among domestic businesses. Reeves, who attended Davos as shadow chancellor ...
Mike Johnson promised drastic spending cuts in his House address last Friday. But, as Thomas Massie pointed out, Johnson’s first term as Speaker demonstrates that he and his allies lack the courage needed to see spending cuts through. ...
AI spinout RoboK, born out of the University of Cambridge, has secured £1 million from UK Research and Innovation (UKRI) to lead a pioneering project that aims to boost safety and efficiency across Britain’s ports and warehouses. Named PALLETS, short ...
JPMorgan Chase is reportedly poised to mandate a full five-day office week for thousands of its employees, signalling a further clampdown on remote and hybrid working models introduced during the pandemic. The US banking giant, which employs over 300,000 people ...
What a difference a day makes! December ISM Services data suggests the service sector remains strong. The JOLTS report showed there were 8.09 million job openings in November — that’s well above the 7.7 million that was expected. US economic ...
DemandSage recently released data on Freelance Statistics 2024 – Number of Freelancers & Industry Size. Stunningly, 46.7% of the global workforce, 1.57 billion people, are freelancers. In the United States alone, freelancers contributed $1.27 trillion to GDP in 2023. Less ...
With Canada as the fifty first state, the Republicans would not win another national election for many years, and Congress would move significantly to the Left. ...