John Lewis reinstates staff bonus after four-year hiatus
John Lewis staff will receive a 2% bonus for the first time in four years after the retailer reported rising sales and profits despite ongoing economic pressures. Read more: John…
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Government launches new programme to help more women and girls enter the UK tech sector
The UK government has unveiled a £4m TechFirst Women’s Programme offering 300 tech placements, returnships for developers and a national girls’ coding competition to boost female participation in the sector.…
Porsche profits crash after costly EV strategy U-turn
German luxury carmaker Porsche AG has reported a dramatic drop in profits after overhauling its product strategy Read Full Article at RT.com
US borrowed $1 trillion in five months
The US federal budget deficit has increased by $1 trillion since last October, the Congressional Budget Office has estimated Read Full Article at RT.com
Green hydrogen plant to be built in Milford Haven with government backing
Trafigura will build a green hydrogen production facility in Milford Haven, Wales, producing 2,000 tonnes a year with government backing as part of the UK’s low-carbon energy strategy. Read more:…
Churchill to be replaced by wildlife on future Bank of England banknotes
The Bank of England plans to replace historical figures like Winston Churchill and Jane Austen with UK wildlife on future banknotes following a public consultation favouring nature-themed designs. Read more:…
Oil price climbs above $90 after ship attack in Strait of Hormuz
Oil prices surged back above $90 after a ship attack in the Strait of Hormuz, as the Iran conflict disrupts shipping routes and raises fears over global energy supply and…
Revolut launches UK bank after regulatory approval
Revolut has launched its UK bank after receiving PRA approval, enabling FSCS-protected accounts and paving the way for lending products for its 13 million UK customers. Read more: Revolut launches…
Japanese auto parts makers eye Russian aluminum – Bloomberg
The escalating war in the Middle East has disrupted the aluminum trade, pushing Japanese auto parts makers into talks with Russia’s Rusal Read Full Article at RT.com
New billionaire class emerges in Russia
Forbes has recorded eight newcomers from the agriculture and food industry among Russia’s 155 billionaires in its latest world ranking Read Full Article at RT.com