Tesco employees to receive a ‘thank you bonus’ after the…
Tesco will give a "thank-you" bonus to more than 220,000 workers after the profits of the supermarket rose by…
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Asda is forced to disclose unaudited financial results after delayed sign-off
Asda was forced to release draft results to investors after the auditor failed to sign company accounts.
Asda's…
IMF urges men to reduce benefits in order to increase employment
Mel Stride says he will 'do what it takes' when the Fund calls for radical measures to combat unemployment
The…
Post-Brexit City boost as EU regulations on stock market research are scrapped
In a post-Brexit boost to the City, EU rules on research into stock markets that support Britain's £9 trillion (£9…
Thames Water bondholder warns that creditor losses may deter investment to the UK
Nationalising Thames Water will discourage investment in UK infrastructure. This is the warning of a major…
Investors rush to buy British debt amid fading hopes for a Fed rate cut
Investors rush to buy British bonds as traders increase bets on the Bank of England cutting interest rates ahead of…
After US inflation rose to 3.5%, markets slash their rate-cut bets
After US inflation exceeded expectations, traders slashed their bets on Federal Reserve rate cuts Wednesday. Joe…
Top commodities traders dismiss IPO route after bumper profits
Three of the largest commodity traders in the world said that their combined profit of $23bn last year shows they…
Stonegate owner of Slug & Lettuce scrambles in a panic to plug a £2bn hole
Slug & Lettuce's owner has expressed concerns about the future of his company as he races to refinance over…
First time in decades, the biggest oil discovery to come out of the North Sea will…
A UK energy firm is about to begin drilling in the largest oil field found in the North Sea for at least 20 Years…
Former chief executive says Shell is’massively underestimated’ in…
Former Shell head says oil giant is "massively underestimated" in London, and could benefit from moving its listing…
OpenAI and Meta are ready to launch new AI models that can’reason’
OpenAI and Meta have announced that they are about to release new artificial intelligence models. These models…
BP is on track to a strong first quarter
BP is expecting a "strong performance" from its trading division, which buys and sold oil. It also expects an…
Vitol reports another strong year with profits of $13bn
Energy prices dropped from their record highs, resulting in a $2 billion drop in profits for Vitol.
According to…
Rain is bad news for Dune retailers, but consumers flock to the cinema instead
The wet weather dampened the enthusiasm of shoppers, and the increase in non-essential spending such as clothing…
Macquarie is among the lenders of Thames Water’s parent company
Macquarie, a financial group based in Australia, is a member of the consortium that lends to Thames Water parent…
Next, Frasers Group is looking at the stricken Ted Baker
Two of the biggest retail groups in Europe have expressed interest in buying Ted Baker's European retail business.…
Craft beer in the UK is on the verge of collapse, according to its scene.
Neither Rishi Sunak nor Gordon Brown is a beer aficionado. The former is teetotal and his predecessor all but gave…