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Tag: Manufacturing sector

Boohoo shareholders demand answers after shares plunge by a third | Business

Shareholders in Boohoo are seeking answers from the company over conditions for workers supplying its garments after the online fashion specialist’s shares plunged more than £1.5bn in two days. The company has lost nearly a third of its value since Friday afternoon after Boohoo said on Monday it was investigating claims that staff at one …

Boohoo shareholders demand answers after shares plunge by a third | BusinessRead More

How has Brexit vote affected UK economy? December verdict | Business

Sterling surges on Johnson’s election landslide The pound has risen sharply over the past month as currency traders in the City of London bet that an election victory for Boris Johnson’s Conservatives would lift some of the intense political uncertainty facing Britain. Sterling jumped by more than two cents against the US dollar and the …

How has Brexit vote affected UK economy? December verdict | BusinessRead More

Are economic doldrums likely to continue? Experts discuss the data | Business

Andrew Sentance Senior adviser to Cambridge Econometrics and member of the Bank of England’s monetary policy committee (MPC) from 2006-11 The evidence from the real economy over the past month suggests little change to the pattern of stagnation we have seen for most of this year. Both the CBI survey and the official index continue …

Are economic doldrums likely to continue? Experts discuss the data | BusinessRead More

Bentley Motors loses trademark battle over branded clothing | Business

Bentley Motors has lost a long-running high court trademark battle with a small, family-owned business, which could mean the luxury carmaker has to destroy all of its branded clothing. The high court in London on Friday ruled that Bentley Motors had infringed trademarks owned by Manchester-based Brandlogic, which owns the Bentley Clothing brand. Bentley Motors …

Bentley Motors loses trademark battle over branded clothing | BusinessRead More

Brexit effect on UK economy may be worse than thought, says CBI | Politics

A wave of corporate insolvencies, company profit warnings and a gloomy forecast of manufacturing investment over the next year has sparked concerns that Brexit uncertainty will weigh on the UK economy more than previously estimated. A survey by the business lobby group the Confederation of British Industry (CBI) found that the prospect of leaving the …

Brexit effect on UK economy may be worse than thought, says CBI | PoliticsRead More