Prominent investors, such as Hindenburg Research, which is known for betting against companies, had also voiced alarm, accusing Smile Direct Club of “cutting corners” and warning that it would “wind up as a case study in why it’s a bad idea to invest in a company that attempts to fit a complex, dangerous medical process onto a low-cost, high volume assembly line”.
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Three rail firms to be renationalised next year
admin, , Business, 0
Three rail operators will be renationalised by Labour next year after it passed a law allowing it to do...
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Shop sales rebound in January as people sought new year deals
admin, , Business, 0
But Lisa Hooker, leader of industry for consumer markets at accountancy firm PwC, said: “Consumers remain cautious about spending,...
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Housing more affordable than a year ago, the Halifax says
admin, , Business, 0
The North East of England, at 4.9 times average earnings and Scotland, at five times, have the most affordable...
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Bars and restaurants struggle with staff isolating
admin, , Business, 0
Ian Payne, chairman of the nationwide Stonegate group of pubs, wrote on social media that the chain has around...
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Mortgage affordability test scrapped by Bank of England
admin, , Business, 0
“The change in the affordability rules may not be as significant as it sounds as the loan-to-income ‘flow limit’...
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Waitrose signs up Deliveroo for rapid food delivery
admin, , Business, 0
Image copyright Getty Images Waitrose has signed a deal with takeaway food company Deliveroo to give customers a fast-track...
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Energy bills predicted to fall from July by nearly £450
admin, , Business, 0
Ofgem’s current cap for an average household is £3,280, but consumers aren’t directly affected by it because the government’s...
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Second class letter deliveries on Saturdays could be cut
admin, , Business, 0
Royal Mail could be allowed to end the delivery of second class letters on Saturdays, as part of reforms...
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