The Prime Minister has urged a fundamental 'culture shift' in how the UK conducts business, advocating for greater risk-taking and innovation, even as his administration faces criticism for increasing operational costs on companies.
EasyJet has agreed to a £5.7 billion takeover offer from the US private equity firm Apollo. This decision follows the withdrawal of a rival bid, solidifying Apollo's position to acquire the budget airline.
Approximately 430,000 young adults, now aged 18 to 23, are oblivious to Child Trust Funds established by the government, holding an average of £2,100 each. The total unclaimed capital stands at an estimated £900 million.
Campbell Wilson has been appointed as the new Chief Executive Officer and Managing Director of Air India, tasked with navigating the airline's significant financial challenges and safety scrutiny following a fatal crash last year. His appointment comes after a competitive selection process and marks a critical period for the state-owned carrier as it seeks to revitalise its operations and restore public confidence.
