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No 10 denies Reeves misled public in run up to Budget
Downing Street has denied Rachel Reeves misled the public about the state of the public finances ahead of this week’s Budget. In the run-up to Wednesday’s statement, the chancellor repeatedly talked about a downgrade to the UK’s predicted economic productivity that would make it hard for her to meet her spending rules. But in a…
European firms unite in bid to rival SpaceX
Key European aerospace firms have agreed to pool their space operations into a single business in a bid to compete in the rapidly developing space industry against rivals including SpaceX. Pitched as a ‘European Space Champion’, the new company will be headquartered in Toulouse, employ around 25,000 people and have an annual turnover of €6.5bn…
TikTok: App’s child data protection inadequate, Canada probe finds
TikTok’s efforts to stop children using the app and protect their personal data have been inadequate, a Canadian investigation has found. Hundreds of thousands of children in the country use TikTok each year despite the firm saying it is not intended for people under the age of 13, according to the findings. The investigation also…
The pet food banks keeping animals with their owners
Eleanor LawsonWest Midlands West Bromwich Emergency Pet Pantry Louise Colledge, of West Bromwich Emergency Pet Pantry, says some owners love their pets so much that they go without food so their pets can eat “A lot of people seem to think you shouldn’t have a pet if you can’t feed it, but it’s a bigger…
Lululemon boss to step down early next year
The boss of Lululemon Athletica, the brand known for its expensive yoga leggings and other sports clothing, is to leave the company early next year. Calvin McDonald, the firm’s chief executive, will depart at the end of January after more than seven years at the helm. The decision comes amid a run of poor sales…
Sixes: Social cricket-themed bar chain goes into administration
Michael RaceBusiness reporter BBC Sixes, the cricket-themed social chain backed by England captain Ben Stokes, has gone into administration following a “challenging trading period”. All of the company’s 15 UK-based venues remain open, but one branch in Southampton has closed following the decision, with three staff members losing their jobs. Administrators FRP Advisory said talks…
