News

UK Shop Price Inflation Slows as Retail Discounts and Global Food Prices Ease

Shop price inflation in the UK slowed more than expected in February, offering households tentative relief from ongoing cost-of-living pressures,…

Hornby Sells Scalextric Brand for £20 Million to Refocus on Core Operations

Hornby has agreed to sell its iconic slot car brand, Scalextric, for £20 million in a move aimed at strengthening…

UK Vehicle Production Falls Sharply in January Amid Weak Export Demand

The Society of Motor Manufacturers and Traders (SMMT) reported a steep decline in UK vehicle production at the start of…

IAG Launches €1.5 Billion Share Buyback After Reporting Record Profits

International Airlines Group (IAG), the owner of British Airways, Iberia, Aer Lingus, and Vueling, has announced a fresh €1.5 billion…

Rolls-Royce Signals UK Could Lose Next-Generation UltraFan Engine Programme Without Government Support

Rolls-Royce has warned that its next-generation UltraFan engine, aimed at the high-demand narrowbody aircraft market, could be built outside the…

Aston Martin to Cut 20% of Workforce Following Sharp Annual Losses

Aston Martin has announced plans to reduce its global workforce by around 20% after reporting steep annual losses, as the…