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Weight loss jabs affecting Greggs, boss says
Posted onThe boss of Greggs said there was “no doubt” hugely popular appetite suppressing drugs have led to people looking for “smaller portions”, affecting the company’s bottom line. People are also looking for “protein and fibre”, and generally healthier options, Roisin Currie said, adding the bakery has been introducing products to tap into that market. Greggs…
Nvidia and Microsoft bosses hail huge UK AI investment
Posted onZoe KleinmanTechnology editor and Faisal IslamEconomics editor Watch: UK is not giving up its digital sovereignty, Microsoft boss tells BBC Major US tech firms have pledged tens of billions of pounds worth of investment in the UK, with Nvidia Jensen Huang, predicting the country will become an “AI superpower”. The biggest single investment comes from…
Lamborghini swerves away from all-electric future
Posted onTheo LeggettInternational Business Correspondent Getty The boss of Lamborghini said enthusiasm for electric cars was declining The boss of Lamborghini has said its customers still want “the sound and the emotion” of internal combustion engines, and the company will use them in its cars for at least the next decade. Speaking to the BBC at…
Jaguar Land Rover to restart production on Wednesday after cyber-attack
Posted onCarmaker Jaguar Land Rover (JLR) has confirmed that output at some of its manufacturing sites will resume on Wednesday, as it continues to recover from a serious cyber-attack. Its production lines have been at a standstill since the start of September, following the attack. The phased return of staff will begin at some sites in…
Tesla plans to pay Musk $1tn – do they really need him that much?
Posted onLucy HookerBusiness reporter Getty Images A great leader is a huge asset for company, of course, but can anyone be worth $1 trillion? That is the pay packet Tesla shareholders have approved for Elon Musk, as long as he meets the targets they have set over the next 10 years. In the meantime he won’t…
Stephen Witt wins FT and Schroders Business Book of the Year
Posted onUnlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Stephen Witt’s The Thinking Machine, about the rise of Nvidia and its hard-driving leader Jensen Huang, has won the 2025 Financial Times and Schroders Business Book of the Year Award. It is the second year…
