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Inflation Nudges Lower Despite Rising Fuel Prices
Last month, UK inflation nudged lower due to the unwinding of the “Eat Out to Help Out” scheme, despite rising fuel and transport costs.
EDF Confirms £120 Million Pod Point IPO
Electric vehicle charging company Pod Point, primarily owned by French energy utility EDF, has confirmed its plans to list in London as it prepares for UK expansion ahead of the government's forthcoming ban on new petrol and diesel cars in…
Ford To Invest £230 Million In Electric Vehicle Plant
American car manufacturer Ford has announced it will invest £230 million in a Merseyside transmission factory. The investment will help upgrade it to make parts for electric vehicles.
Why Is Britain Facing A Supply Chain Crisis?
In recent weeks, the UK has been plunged into a supply chain crisis, with extensive queues outside petrol forecourts, energy suppliers going bust, and major retailers’ stock levels at their lowest since 1983.
PayPal Rival SumUp Makes $317 Million Acquisition To Expand Into The US
UK mobile payments company SumUp has acquired marketing startup Fivestars in a bid to expand its reach to the US and compete against big names such as Square and PayPal.
