Money Moves

Sir Dave Lewis has been appointed as the new chief executive of Diageo, effective January 1, following the resignation of Debra Crew last summer after two years in the role. Diageo, the world’s largest drinks company and owner of well-known brands such as Johnnie Walker, Smirnoff, and Captain Morgan, has faced declining sales across key […]

In Cornwall, there is an increasing emphasis on employers adopting the real living wage to mitigate in-work poverty. According to the Living Wage Foundation, approximately 300 businesses in the region employ around 15,000 workers at this wage level. Truro Foodbank has reported a decrease in individuals seeking assistance over the past two years, coinciding with

Jersey, known for its attractive beaches and low crime rates, is often viewed as a desirable location for raising children. However, many parents on the island have raised concerns regarding high living costs and inadequate support from local politicians and employers, suggesting that the environment is not as family-friendly as it could be. Katherine Jauncey,

London is experiencing significant challenges related to housing shortages and rising homelessness, which are affecting not just the capital but also the wider UK economy. According to Liam Sides, an economist with Oxford Economics, the situation in London has deteriorated into a “national problem,” with the region showing the weakest growth since 2008. This stagnation

A deal designed to end the ongoing U.S. government shutdown has successfully passed the Senate, indicating potential progress after a prolonged impasse. Following extensive negotiations over the weekend, a minority of Democrats joined Republicans to support the agreement. This vote marks a procedural initial step in securing funding for the government, which ceased operations on

EasyJet is marking the 30th anniversary of its inaugural flight from Luton Airport to Glasgow, which took place on November 10, 1995. Initially operating one aircraft and employing 77 staff, EasyJet has expanded to become the UK’s largest airline, now with a fleet of 356 aircraft, over 1,200 routes, and approximately 19,000 employees, including 3,847

A family in North London is seeking a tutor for their one-year-old child to aid in his early development as an “English gentleman.” The family is offering a salary of £180,000 annually and requires the tutor to possess specific qualifications, including familiarity with traditional British values and Received Pronunciation. The position has attracted numerous applicants

The competition for critical minerals essential for modern technology is intensifying between China and the United States, with African nations playing a crucial role due to their rich mineral resources, including lithium, cobalt, rare earths, and tungsten. These materials are vital for manufacturing electronics, electric vehicles, and various industrial applications. Historically, China has maintained a

China has announced the removal of export controls on essential computer chips used in automobile production, as stated by the country’s commerce ministry. This change includes exemptions for exports from Chinese-owned Nexperia, which are intended for civilian use. The decision aims to assist car manufacturers who were concerned about potential production disruptions in Europe. In

Global demand for “green” office buildings has seen a slowdown, particularly in the United States, as indicated by a survey conducted among construction industry professionals. This decline has been attributed to changes in U.S. environmental policy. The survey, conducted by the Royal Institution of Chartered Surveyors (RICS), shows that both occupiers and investors in North