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Justin Bieber hits out at ‘trash’ H&M merchandise
Justin Bieber has criticised H&M merchandise which featured the popstar’s lyrics and image, labelling the products “trash”.The Canadian singer levelled the criticism at the Swedish fast fashion brand on his Instagram page. In two posts on his Instagram stories, Bieber told his 270 million followers he had not approved the products.“The H&M merch they made …
Business
Evening Standard
Government borrowing soars to record £22bn in November
Government borrowing surged to £22 billion last month due to higher interest costs and cost-of-living payments to households.The Office for National Statistics (ONS) said state borrowing leapt £13.9 billion compared with the same month last year.The reading represented the highest monthly figure for November borrowing since records began in 1993.It was ahead of forecasts by economists, …
Business
Business Live
Virgin Orbit finally granted licence for delayed UK space launch from Cornwall
Richard Branson’s satellite company Virgin Orbit has finally been granted licences to allow it to take part in the UK’s first-ever space launch. The UK’s Civil Aviation Authority (CAA) said the entrepreneur’s company had met the licensing requirements having demonstrated it had taken “all reasonable steps” to ensure safety risks arising from launch activities were …
Business
Evening Standard
Poultry feed deal set for in-depth probe amid competition concerns
A planned tie-up between two poultry feed giants looks set for an in-depth investigation after the competition watchdog warned the deal could lead to price hikes for farmers and push up costs for shoppers.An initial investigation into the merger of the animal feed milling operations owned by ForFarmers UK and Boparan’s 2 Agriculture found concerns …
Business
Business Live
Former Asda boss to join Pets at Home board
A former chief executive of Asda is to join the board of Pets at Home. Roger Burnley is to become an independent non-executive director from February 14, 2023. Mr Burnley left Asda in August 2021 after four years as CEO. He was also appointed CBE in the 2022 New Year Honours list for services to …
Business
Evening Standard
Royal Mail strikes to go ahead after company ‘rejects union offer of pay talks’
Strikes by Royal Mail workers will go ahead in the days before Christmas after their union said the company had turned down an offer of negotiations to resolve a dispute over pay, jobs and conditions.The Communication Workers Union (CWU) said its members will walk out on Friday 23 and Saturday 24.“An offer extended to the …
Business
Sky News
Government borrowing soars to record level for November
Government borrowing reached the highest amount for November since records began in 1993, official data shows.Last month, net public sector borrowing – excluding public sector banks – totalled £22bn, according to figures from the Office for National Statistics (ONS). The figure was up by £13.9bn compared to November 2021 and nearly £9bn higher than the …
Business
Sky News
Elon Musk says he will resign as Twitter CEO ‘as soon as I find someone foolish enough to take the job’
Elon Musk has said he will resign as CEO of Twitter “as soon as I find someone foolish enough to take the job”.The Twitter boss said following that he would “just run the software and servers teams”. It comes after Musk launched a poll asking users for their verdict on his tenure, saying he would …
Business
Sky News
London-listed adtech group Tremor explores sale
The London-listed advertising technology company whose directors include Rebekah Brooks, the boss of The Sun newspaper’s publisher, has kicked off talks that could lead to it being sold.Sky News has learnt that Tremor International, whose shares have halved in the last 12 months, is working with bankers at Goldman Sachs to solicit takeover interest. The …
Business
Sky News
Four charts that tell the biggest economy stories of an extraordinary year
When looking back at the year gone by, it is rather hard to know where to start. The death of a monarch, war in mainland Europe, the shortest running prime minister of all time. It has been an extraordinary 12 months of news, especially for the economy. Rather than running through the whole thing in …
Business
Sky News
UK is the leading European tech ecosystem as investors pile in
While there has been much anxiety over the competitive position of the City this year – with Amsterdam overtaking London as Europe’s biggest centre for share trading and the value of the French stock market overtaking that of the UK – fresh data suggests the UK’s tech sector continues to enjoy a significant lead over …
Business
Sky News
Shapps orders oligarch-backed firm to sell UK broadband provider on national security grounds
The business secretary has ordered an investment firm backed by sanctioned Russian oligarchs to sell regional broadband provider Upp, citing national security concerns.Grant Shapps ruled that the ownership of LetterOne, known as L1, was a national security risk. Its investors include the sanctioned Russian businessman Mikhail Fridman.The decision was made under the provisions of the …

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