World News

Stelios Haji-Ioannou drops easyJet stake to just 15%

Sir Stelios Haji-Ioannou’s stake in easyJet, the budget airline that he founded in the mid-1990s, has fallen to below 16 per cent for the first time. Equity held by the Haji-Ioannou family has dropped to 15.2 per cent after it...

Petrol crisis will last a month even if panic-buying stops, industry insiders say

Petrol stations face disruption for up to a month even if panic buying stops, industry figures have warned as the Army is set to start driving fuel tankers to petrol stations this week – despite Boris Johnson’s claim petrol...

Made in Britain: Virtual counselling business, MYNDUP

Joel Gujral explains how his personal experiences led him to start the mental health and wellbeing service, MYNDUP. Tell us about your business? Based in Epping Essex, I founded MYNDUP in February 2020 after I set out on a mission to...

Investors take court action to recoup Woodford losses

Lawyers acting for investors who lost money in the collapse of Neil Woodford’s fund management empire have started court proceedings against Link Fund Solutions, the authorised administrator. Leigh Day said that it had issued a claim form on behalf of...

Petrol station queues could continue for days, Grant Shapps warns

Petrol station queues are likely to continue in the coming days but fuel levels on forecourts are beginning to stabilise, the transport secretary has said. Grant Shapps said that the government was seeing “very tentative signs of stabilisation” in the...

Surviving to thriving: The digital transformation of SMEs

As a result of the pandemic, SMEs are investing increasingly more time and money in their digital transformation efforts. While some implemented digital capabilities for the first time as a matter of survival, others accelerated their journey to cloud adoption in...

“The world has gone mad” – reaction from SMEs and charity owners on the UK fuel crisis

The current driver shortage has led to supply issues across fuel, food and other retail products. Business Matters spoke to a number of SMEs across the country to gain their reaction to the crisis which range from extreme anger...

Secrets of Success: Appu Shaji, CEO and Chief Scientist, Mobius Labs

We all know that AI is crucial and the future of the internet for smart marketing within businesses. Appu Shaji predicted this early on and shares his journey with Business Matters. With over 100 years of research experience, three Best...

Al Gore’s firm buys £483m stake in Octopus Energy Group

A clean energy investment fund run by former US vice-president Al Gore has bought a 13% stake in British energy company Octopus in a deal worth £438m. It means the supplier is now valued at £3.36bn, which is more than...

NIC changes have come at a tricky time for SMEs

The Government’s decision to increase national insurance contributions (NIC) by 1.25 per cent from April 2022 has come at a tricky time for SMEs, many of which are struggling with the operational issues and the fallout of the pandemic. However,...

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FAA demanding more transparency from U.S. airplane manufacturers -testimony

Stock Markets4 minutes ago (Oct 20, 2021 03:06PM ET) (C) Reuters. Travelers wearing protective face masks to prevent the spread...