Two former BHS Directors ordered to pay at minimum £18m for wrongful trading
The two former directors of the BHS department store chain have been ordered by the court to pay at least £18m for…
Monthly Archives
June 2024
British company accused of providing NHS with ‘faulty Covid tests’…
A British biotech company that produced thousands Covid-19 tests for the pandemic agreed to pay £5m in settlement…
Neil Woodford’s former team of stock pickers disbanded when demand for…
The dissolution of the investment team led by Neil Woodford, whose London-listed stocks have been losing interest.…
Tax increases are inevitable because of the losses from quantitative easement
Goldman Sachs warned that tax increases are "inevitable", as the legacy of quantitative ease from the Bank of…
The euro falls to its lowest level in two years against the pound, as EU is still…
The pound rose to its highest level in nearly two years against the euro today, after populist gains in the EU…
London listing of Boots canceled by American parent
Boots, owned by the American pharmacy chain CVS, has canceled plans to list the high-street retailer on the London…
Eli Lilly’s Alzheimer’s drug receives support from US advisory panel
Eli Lilly's Alzheimer's treatment donanemab is getting closer to US approval after an independent panel of…
HMRC to crackdown on private equity and professional service firms
The UK tax authority has launched a crackdown against businesses operating as limited liability partnership. This…
Apple will debut ‘Apple Intelligence,’ a new version of Siri with…
Tim Cook, Apple's CEO, announced Monday a series generative artificial-intelligence products and services during…
Analysis shows that UK unemployment is rising faster than any other OECD country.
According to a report by the Trades Union Congress, the UK has the highest rate of unemployment among the 38…
JP Morgan says that a Labour victory in the election would be a ‘net…
In an analysis which highlights the appeal of Keir Starmer’s “centrist platform” to the City of London, strategists…
Volkswagen sells solar panels to charge electric cars
Volkswagen will begin selling solar panels along with electric car chargers. The company claims that this move will…
Virgin Atlantic abandons Heathrow’s third runway and returns to Gatwick
Airline to grow revenue by 20pc after emerging from Covid 'valley' of death
Virgin Atlantic, owned by Sir…
Shein misses out on FTSE 100 position
Shein will miss out on a spot in the UK benchmark FTSE 100 Index as City investors start scrutinising one the…
The streaming giants will soon become their worst enemies
Good times can only last as long as the customers continue to pay higher prices
Lord Thomson, a Canadian media…
Ashtead, a FTSE-listed company, is considering a £25bn transfer to the US as a new…
One of Britain's most prominent blue-chip firms is considering a move from London to New York, which would be the…
New Zealand lifts oil drilling ban amid fears of blackouts, a blow to Starmer’s…
On Saturday night, New Zealand's government was expected to lift a ban on oil and gas drilling amid fears of…
Italian company to target Britain with 20 mini-nukes
A new Italian energy company is planning to build 20 mini-reactors in the UK to capitalize on the expansion of…