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John Lewis appoints Nish Kankiwala as new CEO

British Indian businessman Nish Kankiwala has been appointed as the new CEO of John Lewis Partnership in a bid to boost the company’s profitability. He...

Asda’s purchase of Co-op forecourts could increase prices, regulator rules

THE Competition and Markets Authority (CMA) has ruled that Asda’s purchase of 132 petrol stations and attached grocery stores from the Co-op could mean...

UK Budget: Jeremy Hunt announces reforms to boost growth

The chancellor of exchequer, Jeremy Hunt, announced on Wednesday (15) a plan that he hopes will speed up the UK’s stagnating economy, including childcare...

UK economy ‘set to avoid recession this year’

Britain’s economy is set to avoid a recession in 2023, chancellor of exchequer Jeremy Hunt said on Wednesday (15) as he began a budget...

Indian-origin Vimal Kapur is Honeywell’s next CEO

American conglomerate Honeywell has announced the company’s ‘veteran’ Vimal Kapur as its next chief executive officer. Currently working as the president and chief operating officer,...

UK to unveil cost-of-living budget as mass strikes hit nation

Britain will unveil a cost-of-living budget on Wednesday (15) as the government seeks to keep a grip on public spending in the face of...

Basic pay growth slows for first time in a year in UK

Growth in pay in Britain, which the Bank of England is watching closely as it weighs up whether to pause its run of interest...
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