Wednesday newspaper round-up: Rolls-Royce Motor Cars, Shein, JPMorgan Chase
By Michele Maatouk
Date: Wednesday 08 Jan 2025
(Sharecast News) - The UK's advertising watchdog has banned a campaign by an online investment company predominantly targeting Muslims that featured images of euros and US dollars and the words "The United States of America" in flames alongside a call to "join the money revolution". Wahed Invest Ltd, an online investment platform, ran six posters on various Transport for London (TfL) services, including the London Underground and on buses, last September and October. - Guardian
Rolls-Royce Motor Cars has said it will invest £300m in expanding its Goodwood factory in West Sussex to meet the growing demand for bespoke upgrades, after the luxury carmaker recorded its third-highest annual sales in 2024. The investment will extend the luxury carmaker's manufacturing facility as it gradually moves away from V12 petrol engines to battery electric vehicles, as well as increasing its capacity to fulfil the whims of some of the world's richest people. - Guardian
An overtime ban at Britain's aviation regulator could delay aircraft upgrades, the Prospect union claimed, including a revamp of first-class cabins at British Airways. Prospect said 360 members employed by the Civil Aviation Authority (CAA) will begin a work-to-rule on January 20 in protest against the public body imposing a 3-4pc pay rise. - Telegraph
Shein's London float has been thrown into further doubt after it was accused by MPs of behaviour that "bordered on contempt" by repeatedly refusing to answer questions over the origins of its cotton sourcing. The Chinese-founded fast-fashion giant, which is hoping to list in the UK this year, was summoned by parliament to provide evidence to the business and trade select committee on Tuesday after concerns over labour practices in its supply chain. - The Times
JPMorgan Chase is planning to order all its staff back to the office five days a week, in the latest crackdown on hybrid working policies introduced during the pandemic. America's biggest bank, which employs more than 300,000 people worldwide and about 22,000 in the UK, is preparing to end remote working for thousands of staff. - The Times
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