Tuesday, October 26, 2021

US revokes licence of top Chinese telecoms company

Washington has banned China Telecom from operating in America, citing "national security concerns".

Lookfantastic owner THG's share price falls further

The upbeat online firm fails to reassure investors despite a pledge to appoint a chairman.

Pay rebound for workers hit by the pandemic

Young employees saw the biggest dip and rebound in wages but the gender pay gap has widened.

Ikea buys landmark Topshop building in London

The £378m deal for the Oxford Street site is part of the furniture giant's plan to open inner-city shops.

New funding plan paves way for Sizewell C nuclear plant

The new rules, to be announced in Parliament, will boost the prospects of the £20bn project in Suffolk.

Will coffee drinkers plump for potato milk?

Waitrose says shoppers are more climate-conscious and are looking for more dairy alternatives.

No VAT cut to household energy bills in the Budget

Treasury sources say such a move would be badly targeted and there are other ways to help those struggling.

Premier Inn owner Whitbread warns of staff shortages as demand recovers

Whitbread is paying millions in wage rises and bonuses to try to combat persistent shortages.

Heathrow air traffic may not recover until 2026, says boss

The boss of Britain's busiest airport warns full recovery will take years despite pent up demand for travel.

Monday, October 25, 2021

Blue Origin: Jeff Bezos unveils plans for 'space business park'

His space company Blue Origin hopes its venture will replace the International Space Station.