Vodafone chief executive Nick Read will step down at the end of this month following a turbulent year in which the company’s share price has fallen sharply and management has faced criticism from investors.Read, who has led the telecoms group since 2018, will be replaced on an interim basis...
You know things are bad when the share price of Next, a company that has made an art of underpromising and overdelivering over the years, falls 13% in a day, even in a weak stock market. The odd part, though, was that half-year profits were solid and the cut...
Thousands of British workers have moved to a four-day week in a UK-first - with no loss of pay. Around 2,600 employees at 100 companies are set to benefit from the new working pattern.Advocates of the four-day week have said that the five-day pattern is a 'hangover' from an earlier economic...
The notion of a space mission being launched from a nondescript corner of a Cornish airport – next to the bus depot actually – has attracted its fair share of scepticism over the years.But the impressive touchdown in north Cornwall this week of a Boeing 747 converted to carry...
While the threat has receded for now, it has not disappeared altogether. Like most currencies around the world, sterling has struggled to keep up with the dollar since the start of the year.
The strong US economy and the Federal Reserve’s aggressive rate hikes have pushed up exchange rates around...
A PASSENGER on a flight that circled Dorset for over an hour has described what happened on board.Poole resident Steve Wyatt was on board a flight that was diverted to Gatwick Airport after a suspected bird strike.The TUI flight to Rhodes took off...
The auditor of many of the companies in Sanjeev Gupta’s network of metals companies has resigned from at least five of them, amid an investigation of its work by UK regulators.London-based King & King has resigned as auditor of the companies in Gupta’s GFG Alliance, a sprawling group of...
Name: Air fryers.Age: The Airfryer brand was introduced by Philips in 2010, while the term began to be used generically in about 2018.I’ve been hearing a lot about them recently. Yes, in past year they have become the kitchen appliance, selling out as soon as they are restocked, flying...
The National Grid's electricity system operator and gas system operator will release one of their regular winter outlook reports later.They are designed to set out supply and demand scenarios as the weather gets colder and energy consumption...
General Mills is the latest to join a growing group of companies halting advertising on Twitter after the social media platform was acquired by billionaire Elon Musk for $44bn.The company, known for its Cheerios and Lucky Charms cereals, confirmed on Thursday it would pause advertising on the platform. “We...