VENTURE CAPITAL POST

Commercial spaceflight company Axiom Space announced this week that they have welcomed retired British astronaut Tim Peake into its professional astronaut pool.

HSBC announced that Georges Elhedery, its chief financial officer, will become the firm’s next CEO effective Sept. 2.

Following the landslide victory of the Labour Party in the United Kingdom’s general election earlier this month, British Prime Minister Sir Keir Starmer laid out the government’s plans to reinvigorate the country’s economy in this year’s State Opening of Parliament.

The UK’s Electoral Commission revealed that the Labour Party, which won a landslide victory in this month’s general election, received almost five times as much campaign donation money as the Conservative Party.

The British Groceries Code Adjudicator demanded Amazon to take “swift and comprehensive action” to improve its compliance with industry regulations regarding supplier protection or face a formal investigation.

As UK IPOs declined, the Financial Conduct Authority (FCA) has proposed new regulations for stock market listings.

The United Kingdom’s Office of National Statistics released the latest economic figures, which revealed that the country’s economy grew by 0.4% in May.

EDF, France’s state energy company, has appeared to pull out of the bidding race to build mini-nuclear reactors in the United Kingdom, saying that it was refining its small modular reactor design.

British luxury clothing retailer Burberry announced that it was making hundreds of jobs redundant after allegedly initiating a restructuring program as a reaction to a drop in profits.

An alarming investigation has revealed that tampons contain toxic metals, including dangerous levels of arsenic, chromium, and lead, with all 16 tested metals detected in at least one product.

The British pound and several UK-based stocks and government bonds have arisen after the Labour Party won a landslide victory in the country’s general election.

GSK said that it was reorganizing its cooperation with CureVac, including gaining control over various vaccines they were producing together, including COVID-19 and influenza vaccines.

Nurses in the UK express profound distress and heartbreak over hospital patients being left to die alone amidst shocking staff shortages, highlighting compromised care standards where survival is now the benchmark.

The Glastonbury Festival released an economic impact report for its 2023 season, revealing that it generated a total income of $212.5 million.

Workers at Tata Steel were told that the company could potentially cease operations at its Port Talbot plant by July 7 due to a strike organized by the trade union Unite.