HSBC owes £143m to Barclay Family’s collapsed Logistics Company
New documents reveal that HSBC is facing steep losses due to the collapse of Barclay's vast business empire.
The…
Yearly Archives
2024
QinetiQ’s blimp fleet joins the US war against fentanyl
The real-life British Q-branch, which is a defence company that deploys radar-equipped blimps to scan border…
Rolex raises watch prices in UK amid gold rally
Rolex increased the price of certain precious metal watches sold in the UK, following an increase in demand for…
As they try to avoid bankruptcy, councils are planning to recover a record £1.4bn…
As they rush to plug the debt black hole before the election, Britain's councils prepare a record £1.4bn fire sale…
Delaware court approves 72,000 lawsuits against GSK for Zantac
GSK suffered a major setback in its legal battle against the discontinued heartburn drug Zantac after a US judge…
Keir Starmer’s rejection of Tata Steel puts Port Talbot in a tizzy as Keir…
The future of Britain’s largest steelmaker is now in doubt after Sir Keir starmer criticized a controversial…
Golden Goose announces £2.6bn stock market listing
The Italian stock exchange is considering a floatation of the "dirty" luxury shoes worn by Taylor Swift. This could…
Renewi faces a €57m loss to exit UK waste business
One of Britain's greatest engineering names has left the country to focus on the Benelux recycling market.…
Daniel Kretinsy: Royal Mail requires up to £400m in cash injection
The Czech billionaire who will be the new owner of Royal Mail revealed plans to restructure the company. This could…
ECB appoints the bank that sold United and Chelsea shares to sell Hundred Shares
The England and Wales cricket Board has taken a further step in selling its 49% stake in the Eight Hundred…
Europol and US seize luxury goods, website domains in $6bn cybercrime bust
US authorities announced Thursday that they have dismantled "the world's largest ever botnet", which is allegedly…
Salesforce falls as concerns about AI rivals and weak forecasts spark concern
Salesforce shares fell by 18% Thursday after the company's lowest-ever forecast for quarterly revenue growth raised…
Dr Martens cuts costs by up to £25 million pounds to combat weak US sales
Dr Martens did not rule out the possibility of job cuts, after announcing plans to cut up to £25m in costs to…
Study finds that countries do not need to issue any new licences for oil, coal or…
According to a major study directed at politicians, the world already has enough fossil-fuel projects planned to…
UK chancellor: Income tax threshold will be squeezed for six years, until 2028.
Jeremy Hunt confirmed that the income tax threshold freeze of six years, which forces millions to pay higher rates,…
Saudi Arabia sells $12bn of Aramco shares
Saudi Arabia sells approximately $12bn in shares of its national oil company Saudi Aramco to raise capital for its…
Goldman Sachs invests more than $20bn in private credit
Goldman Sachs amassed over $20bn in private credit to invest, giving it the firepower to move ahead in one the…
ConocoPhillips buys Marathon Oil for $22.5 billion
ConocoPhillips agreed to purchase rival Marathon Oil, valuing the Houston-based firm at $22.5bn including debt.…