Author: Nathan Bissitt

Housebuilder Persimmon was one of the biggest fallers on Wednesday, losing almost 4% after issuing a poorly received trading update.It gave few details in its update, but said that sales were “in line with the prior year” and “pricing remains firm

Read More

UK toy retailers are holding out for a busy Christmas after sales fell by 2% in the first nine months of the year.Analysts and retailers expect a flat full year at best for the industry following two consecutive years of rapid growth.Spending on toys totals £121 per

Read More

Monarch Airlines has lost its High Court battle over “valuable” runway slots it wanted to exchange with other carriers to raise cash for creditors.The airline ceased trading last month and its administrators’ lawyers called the slots its “most

Read More

Charges against three former Rolls-Royce employees and two individuals in relation to an alleged bribery scheme have been revealed by US authorities.The documents detail how the former staff allegedly paid kickbacks to others, including a foreign official, to win work

Read More

The company behind Snapchat has taken a $40m (£30m) hit to its finances after its video-recording sunglasses failed to sell as well as hoped.Snap launched Spectacles in September 2016, originally selling them only through pop-up vending machines.Pressing a button on

Read More

The European Commission has published proposals aimed at reducing vehicles’ carbon dioxide (CO2) emissions by 2030.The move is designed to put further pressure on manufacturers to develop more hybrid and electric cars.The Commission also wants to introduce an

Read More