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Thank you Tony: Blairs Board of Peace role prompts Trump praise and Westminster anger
Posted onUnlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business and the world Sir Tony Blair’s presence at the launch of Donald Trump’s “Board of Peace” has prompted criticism in London after the British government refused to join the unveiling of the new initiative. The former…
UK economy shrank unexpectedly by 0.1% in October
Posted onRachel ClunBusiness reporter PA Media The UK’s economy shrank unexpectedly in the lead up to the Budget, according to the latest official figures. The economy contracted by 0.1% in October, the Office for National Statistics (ONS) said, whereas economists had been expecting it to grow by 0.1%. The economy also shrank by 0.1% in the…
Court sides with Adidas in appeal over Kanye West collaboration
Posted onAdidas has fended off an appeal from shareholders who accused it of hiding misconduct by rapper-entrepreneur Kanye West – otherwise known as Ye – before their partnership broke down in 2022. A San Francisco court said the sportswear giant did not mislead investors, who claimed they had lost money after Adidas shares plunged when it…
Driving test cheating soars with use of headsets and impersonators
Posted onKaty Austin,Transport correspondentand Simon Browning, Transport reporter Getty Images Cheating cases during practical and theory driving tests rose by nearly 50 per cent last year in England, Scotland and Wales, new figures show. The cheating methods varied, according to freedom of information data from the Driving and Vehicle Standards Agency (DVSA), with more than 1,100…
Kim Kardashian’s Skims hits $5bn valuation
Posted onOsmond ChiaBusiness reporter Getty Images Skims, the shapewear brand co-founded by celebrity and entrepreneur Kim Kardashian, says it has raised $225m (£171.5m) of new funding, bringing its value to $5bn. The company says it plans to use the money from investors, including an arm of Wall Street banking giant Goldman Sachs, to open more shops…
