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Matthew Davies

Matthew Davies


Articles

Aston Martin's Formula 1 challenger, the AMR24, centre, Vantage, left, and Vantage GT3 racer, were unveiled on the same day. Photo: Aston Martin
Aston Martin unveils new versions of Vantage, GT3 and F1 car on same day

British luxury car manufacturer launches the new Vantage, its endurance racing version and the new Formula 1 car

MotoringFebruary 12, 2024
An oil tanker near the port city of Nakhodka, Russia. It has been claimed that G7-imposed sanctions on Russian oil exports are not working in the manner intended. Reuters
Boom time for UK insurers of Russian oil shipments despite sanctions

Calls for revamp of current sanctions policy, as restrictions 'not having the desired effect'

BusinessFebruary 10, 2024
A luxury watch advert on the streets in Mayfair, where thieves are ripping such items from people's wrists. Getty Images
Indian business elite fears London Rolex Ripper crime wave

Visiting CEOs from India say crime is their biggest concern when coming to UK capital, despite reassurances from mayor that city is safe

BusinessFebruary 07, 2024
Robot Ai-Da at the House of Lords in London. Experts say the development of regulations in AI needs to keep pace with the evolution of the technology itself and be fully aware of the potential risks associated with it. Getty Images
AI leaders welcome UK government investment in 'agile' regulations

Investment plans include £90 million investment in nine research hubs which will look into ways in which artificial intelligence can be developed responsibly

BusinessFebruary 06, 2024
Retailers are calling for the reinstatement of tax-free shopping for international tourists, arguing that the halting of it has cost billions of pounds and thousands of jobs in the past three years. Reuters
Tax-free shopping could make swift return for UK-bound tourists

Government-spending watchdog set to assess widely opposed decision to halt tax-free shopping for British visitors

BusinessFebruary 05, 2024
A container ship in the Gulf of Suez. Shipping volumes between Asia and Europe through the waterway have plunged. Reuters
Red Sea disruption threatens the Middle East's apple a day

Europe's fruit and vegetable exports to Middle East and Asia at risk of spoiling as ships are forced to go round Africa to avoid Houthi attacks

UKFebruary 04, 2024
Shadow chancellor Rachel Reeves addressing 400 business leaders at the Kia Oval, London, during the launch of Labour's plan for business. PA
Election frontrunner Labour bats for UK business

Shadow chancellor Rachel Reeves tells business leaders gathered at Kia Oval cricket ground that corporation tax will be capped at 25 per cent if Labour wins next general election

BusinessFebruary 01, 2024
Shadow chancellor Rachel Reeves, who wants to be a champion of the financial services sector as she bids to drive up economic growth. PA
Business big hitters back Labour's plan for UK finance

As Britain's opposition unveiled its plan for financing growth should it form the next government, leading City of London figures were onboard

UKFebruary 01, 2024
The KaDeWe department store in Berlin. Germany's KaDeWe group has filed for bankruptcy, but the store is likely to remain open. Reuters
Berlin's landmark KaDeWe store files for bankruptcy

Analysts say KaWeDe will probably stay open and the insolvency may give the group the opportunity to get out of 'toxic' rental relationships

EuropeJanuary 30, 2024
Electricity workers fix a damaged power line in Kherson. Ukraine's energy infrastructure has been increasingly struck by Russian missiles and drones since October 2023. Getty Images
Octopus Energy switches on talks with Ukraine's power company

Any future deal could help rebuild the country's battered power grid using Octopus's Kraken software

EnergyJanuary 29, 2024
An optometrist examines a patient at the Moorfields eye hospital in Abu Dhabi. Cash-rich investment funds in the GCC are looking to life sciences, pharmaceutical and healthcare assets in the UK, the US and Europe. Pawan Singh / The National
Arab Health 2024 to showcase UK investment potential for Gulf boom

Dubai event to see UK healthcare and medical tech companies seek greater partnerships in the GCC

UKJanuary 28, 2024
The US-owned ship Genco Picardy came under attack this month from a drone launched by Yemen's Houthi rebels in the Gulf of Aden. AP
Double pay and going dark: Shipping companies navigate Red Sea attacks

Safety and workers' rights must remain paramount in Red Sea, says International Maritime Organisation

UKJanuary 28, 2024
Yemen's Houthi rebel forces have stepped on to the world stage by firing on commercial shipping in the Red Sea. AP Photo
No escape from conflict as war hits global bottom line

Geopolitical tension and confrontation has affected businesses worldwide

EconomyJanuary 27, 2024
LinkedIn's research found that last year, 68 per cent of those hired as home health aides were women. Getty Images
Women shut out of UK's fastest growing jobs

Legislation and changing attitudes fail to mask the continuing entrenchment of gender stereotyping in aspirational jobs

UKJanuary 22, 2024
Without the new technology, air passengers will still have to limit any liquids they want to carry on board to 100ml containers and place those in a transparent plastic bag. Getty Images
Security scanner delays to prolong liquid bans at UK airports

Several large British airports are set to miss a June deadline to install new equipment, which could lead to longer waiting times in summer

AviationJanuary 22, 2024
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