Credit agencies warn that Thames Water is on the verge of default.
Two of the most prestigious credit rating agencies in the world have rated Thames Water as on the verge of default.…
Monthly Archives
September 2024
Sophie’s Champagne moment: Sophie raises a glass of Taittinger sparkling…
As rain poured down on the Kent countryside, Pierre-Emmanuel Taittinger said, "God couldn't have done it any…
Rachel Reeves expects a £50bn windfall after fiscal rules are reformed
Rachel Reeves' plans, which are being developed by officials, will allow her to free up up to £50 billion for…
Elon Musk demands boycott of “Soviet” UK for snub at business summit
Elon Musk escalated his verbal war with the UK Government after being refused an invitation to a upcoming business…
Britain pressures Spanish group to make bid for Harland & Wolff UK shipyards
Ministers are trying to convince Navantia that it should bid on four Harland & Wolff shipyards in Northern…
Starmer signals that the UK budget will include an increase in capital…
Sir Keir has cleared the path for a large increase in capital expenditure at the Budget next month, after his…
OpenAI Chief technology officer Mira Murati is the latest to be sacked.
OpenAI's Chief Technology Officer, Mira Murati is among several employees who are leaving the company. This has…
Meta Ray-Bans by Zuckerberg offer restaurant and translation tips
Mark Zuckerberg unveiled Meta, a pair of smart glasses that translate languages while on the move. He also revealed…
DFS is in the red due to a drop in sales and delays with shipping
The biggest sofa retailer in Britain has suffered a loss due to a combination of sluggish sales, delays on Red Sea…
Chick-fil -A will have a second crack at the UK market
Chick-fil-A, the American fast-food chain, has announced five new locations as part of its second attempt to enter…
Co-op lost £39m due to shoplifting
The Co-operative Group returned to profit in the first six months of the year, despite having lost almost…
PwC partners face pay cuts as profits fall
PwC's 1,036 UK-based partners received an average of £862,000 in profits for the year ending June. This is down…
Rightmove rejects a £6bn Takeover Offer
Rightmove's directors have rejected a better takeover bid from an Australian competitor, who valued the online…
OECD raises UK growth forecast
A leading international forecaster has given the UK economy the largest annual growth upgrade of the G7 in this…
The new French government is considering tax increases on business and the wealthy
The new French government has begun to study options for taxing the wealthy and companies in order to reduce…
Visa is accused of dominance in a US antitrust suit for shutting down competitors
The US Department of Justice filed a lawsuit against Visa accusing it of monopolizing the debit payment market and…
Avanti won’t lose UK West Coast Rail Line early despite bad record
People with knowledge of UK government plans say that the UK will not terminate the contract of troubled intercity…
China threatens Calvin Klein with a blacklist for cotton from Xinjiang
China accused Calvin Klein's parent company of boycotting cotton in its western Xinjiang Region, threatening to…