Elon Musk has sold almost $4bn-worth (£3.2bn) of Tesla shares, days after clinching a $44bn deal to take control of Twitter. Musk sold the stock on Tuesday and Wednesday, according… The post Elon Musk sells almost $4bn-worth of Tesla shares appeared first on London Business News | Londonlovesbusiness.com.
The 6th of May is the 25 year anniversary of the Bank of England being granted independence. Over that time, CPI inflation has averaged 2.1%. However there has been significant… The post The Bank of England’s scorecard after 25 years of independence appeared first on London Business News | Londonlovesbusiness.com.
The BBC television fee is set to be axed following a government review. The White Paper found viewing habits have changed a fair bit and that it’s time for a… The post BBC licence fee set ‘to be axed’ appeared first on London Business News | Londonlovesbusiness.com.
There are different ways consumer-facing firms can react to inflation. They can look to put up prices to protect their margins as their own input costs rise or they can… The post Dettol-owner Reckitt posts sales growth appeared first on London Business News | Londonlovesbusiness.com.
If it hadn’t been for a monumental mess of its own making Barclays could have been really riding high off the back of its first quarter showing. Underlying performance was… The post Barclays’ beat overshadowed by structured products hit appeared first on London Business News | Londonlovesbusiness.com.
The true definition of a company with pricing power is one which can push up its selling prices without dampening demand. Unileverhas managed the first bit but not the second.… The post Unilever’s weak pricing power comes into focus appeared first on London Business News | Londonlovesbusiness.com.
If you were looking for candidate to come to the tech sector’s rescue it might not have been Meta Platforms given its reputation has taken a real battering of late.… The post Meta gives markets a lift appeared first on London Business News | Londonlovesbusiness.com.
The world’s largest drone manufacturer DJI has temporarily halting operations in Russia and Ukraine in a move that shows China has begun to penalise Russia over its invasion into Ukraine.… The post Chinese drone giant DJI halts business in Russia as Ukraine war intensifies appeared first on London Business News | Londonlovesbusiness.com.
Kellogg’s, the owner of brands from Coco Pops to Special K, has launched legal action against the UK government over new junk food rules that will ban some cereals from… The post Kellogg’s launches legal action against UK over new junk food rules appeared first on London Business News | Londonlovesbusiness.com.
A new global study from Ipsos has found that Britain ranks among the highest of the 27 countries polled when it comes to supporting Ukraine through a range of measures. However, as… The post Britons consistently back support for Ukraine, ahead of many other nations appeared first on London Business News | Londonlovesbusiness.com.
