Airbus shares fall by more than 10% as the aircraft manufacturer lowers its profit expectations

Unlock the Editor’s Digest for free Roula Khalaf, editor of the FT, selects her favorite stories in this weekly newsletter. Shares of Airbus tumbled on Tuesday after the world’s largest aircraft maker cut its annual profit forecast as supply chain disruptions worsened and a charge related to its aerospace business was imposed. The company’s supply … Read more

Customers of Mercian Cycles complained about “dysfunctional” service and other problems before the bike manufacturer went bankrupt

Mercian Cycles customers complained of "dysfunctional" service and other issues before bike manufacturer entered liquidation

Customers of Mercian Cycles expressed their concerns about the manufacturer’s service. Several stories were shared about problems with orders or dealings with the company in the months before it went bankrupt. Last week we reported the news that the 78-year-old Derby-based bicycle manufacturer had ceased trading, an agency appointed to assist with the process after … Read more