Former Autonomy Chief Mike Lynch is acquitted of fraud charges in the US
Mike Lynch, one of the UK’s most prominent tech entrepreneurs, has been acquitted by a San Francisco jury of…
Yearly Archives
2024
Elliott Management pushes SoftBank for $15 billion buyback
Elliott Management, an activist American investor, has repurchased a significant stake in SoftBank, and now wants…
Travel division sets WH Smith up for a bumper Summer
WH Smith has a busy summer ahead of it, as its travel division is growing and continues to offset the decline in…
Interest rate cuts and private sector growth in the UK boosts the economy
The UK's private sector economy grew faster than expected in the last month, and inflation slowed to its lowest…
Investors withdraw cash from ESG Funds as performance falls
Global investors are turning their backs on sustainability-focused stock funds, as poor performance, scandals and…
Nvidia surpasses Apple in market capitalisation as it passes $3tn
Nvidia’s market value surpassed $3tn on Wednesday, overtaking Apple as the second most valuable company in the…
Asda is now the most expensive UK retailer to purchase fuel, according to a study
Asda has become the UK's highest-priced supermarket fuel seller. This is after its private owners abandoned the…
Boeing whistleblowers continue to come forward with safety concerns
Another Boeing employee has claimed that management ignored safety and quality concerns and dismissed their…
McDonald’s loses trademark battle with EU over Big Mac and Supermac’s
Supermac's, the small Irish takeaway company, has won the David v Goliath legal battle against McDonald's regarding…
Exports of UK clothing to the EU are plummeting as Brexit redtape discourages…
According to a recent study, UK exports of footwear and clothing to the EU are down since the Brexit. This is due…
European Central Bank to Cut Interest Rates for First Time in Five Years
European Central Bank will likely cut interest rates at its meeting this Thursday for the first time since almost…
Research shows that weight-loss medications can reduce cancer risk by up to a…
Doctors said that weight-loss drugs are a powerful weapon in the fight against cancer. They have "enormous"…
The trial of’super ATMs’ in England has provided a new lifeline to…
The first of a planned series of "super-ATMs", which will allow customers from multiple banks to deposit cash and…
Gazprom to cut ties with UK lottery operator’s owner
By the end of the month, the billionaire owner Allwyn, which runs the UK national lottery, will cut his last ties…
Standard Chartered Bank, UK accused of funding terrorists and Iran
According to a New York filing, whistleblowers claim Standard Chartered allegedly conducted billions of dollars in…
Thinktank: UK faces a £33bn financial hole or a return to austerity.
A think-tank warned that Britain's new government would need to make up a deficit of up to £33bn in the public…
Blackstone, a US private equity firm, has snatched up thousands of rental…
Blackstone, a US private equity firm, has agreed to buy a number of new homes in the UK to take advantage of…
Spanish beer chief criticizes ‘dishonesty’ of UK brewers in Madri boom
Estrella Galicia's boss has accused British brewers for "dishonesty", as they sell beers that look Spanish, but are…