Tesco has warned that the UK grocery sector faces an intensifying price battle in the run-up to Christmas, even as it raised its full-year profit forecast after winning market share over the summer. The UK’s largest supermarket group now expects to deliver annual profits of up to £3.1bn, £100m higher than previous guidance, after its decision to cut prices on ...
Currys, the UK’s largest electricals retailer, has scrapped its board-level ESG committee, effectively ending formal oversight of environmental, social and governance issues at the highest level of the company. The decision comes as regulation and investor expectations on sustainability tighten across the UK and Europe, raising questions about the message it sends on corporate governance priorities. Although Currys has stressed ...
London’s business community is facing a new and costly challenge. A recent surge in bed bug infestations has created significant headaches for landlords, property managers and small business owners across the capital. From rental flats to serviced apartments and boutique hotels, infestations are spreading faster than many can contain — and the financial consequences are mounting. Reports of bed bugs ...
London’s business community is facing a new and costly challenge. A recent surge in bed bug infestations has created significant headaches for landlords, property managers and small business owners across the capital. From rental flats to serviced apartments and boutique hotels, infestations are spreading faster than many can contain — and the financial consequences are mounting. Reports of bed bugs ...
Rejecting reports of a split with the brass, the Department of War says the National Defense Strategy was ‘seamlessly coordinated’ with senior civilian and uniform leaders — and that ‘any narrative to the contrary is false.’ On Monday, The Washington Post reported that multiple senior officers had raised concerns about the forthcoming strategy, pointing to a divide between political leadership. ...
Recent Russian incursions into NATO airspace have sharpened divisions inside the alliance over how to respond, exposing both the strength and the limits of collective defense. Secretary General Mark Rutte clashed with Estonian Prime Minister Kristen Michal last week after Estonia invoked NATO’s Article 4 clause, which triggers consultations when a member feels its security is threatened. According to three ...
Speaker Mike Johnson, R-La., is accusing Senate Minority Leader Chuck Schumer, D-N.Y., of refusing to vote to end the government shutdown in order to kowtow to his left-wing base. Johnson told Fox News Digital in a sit-down interview that Democrats’ refusal to budge on their current position came up in an hour-long call he held with President Donald Trump on ...
President Donald Trump is open to talks with North Korean leader Kim Jong Un ‘without any preconditions,’ a White House official said, as South Korea’s unification minister warned Pyongyang’s missiles could reach the U.S. mainland. ‘President Trump in his first term held three historic summits with North Korean Leader Kim Jong Un that stabilized the Korean Peninsula. U.S. policy on ...
Bipartisan talks on reopening the government began to materialize less than a day into the shutdown, with Republicans and Democrats trying to find a middle ground on expiring Obamacare tax credits. The federal government entered its first full day of a shutdown on Wednesday, and so far neither side of the aisle is willing to buckle as the hours ticked ...
Romina Boccia and Tyler Turman Democrats have instigated a government shutdown by rejecting a clean continuing resolution and demanding that Republicans agree to extend the Obamacare COVID-19 subsidies and reverse the modest Medicaid spending restraints enacted under President Trump’s “One Big Beautiful Bill Act” (OBBBA). Their opposition to reductions in health care spending, though predictable, underscores what makes the July reconciliation legislation significant. Though bloated ...