ISG fails: How is this possible after Carillion?
Paul Cossell, a building industry grandee, was optimistic two years ago in the glistening, glass-clad ISG offices…
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Thames Water lenders plot £1bn lifeline
Thames Water's creditors plan to inject over £1 billion before the end the year to give the utility a financial…
Global investors warn Labour that UK utilities are “off our radar”
One of the largest sovereign wealth funds in the world has announced that it will not be investing in the UK’s…
Thames Water is rewriting loans to remain afloat.
Thames Water, whose future is at stake, has revealed that it is trying to buy more time by rewriting its loan…
Avantis grows as demand for VR in US Schools increases
With the virtual-reality headsets from Avantis, students can travel back to the trenches of World War I or even…
Journalists protest planned sale of Observer by Tortoise Media
Journalists from the Guardian Media Group are revolting against a planned sell-off of The Observer, citing concerns…
Gusbourne Wine Harvest Hit by “challenging Conditions”
Lord Ashcroft's Gusbourne estate, which is controlled by him, may be for sale at a high price but the harvest this…
Nearly 100,000 Lifetime ISA savers are hit with high withdrawal fees
In 2023-24, the total withdrawal charges for Lifetime Isa will be worth £75.2 million -- a nearly 40% increase…
Close Brothers prepares for car finance crisis by selling wealth unit
One of Britain's largest merchant banks sells its wealth management division for up to £200m to strengthen its…
Next warns about store closures following equal pay ruling
Next warned it may be forced to shut down stores following a legal victory over equal pay. The retailer is expected…
Ocado raises sales outlook after summer surge
Ocado's sales outlook has been raised for this year due to the stronger summer trading. The grocery delivery…
Interest rates in the UK held at 5%
After voting 8-1 to not change monetary policy, the Bank of England held interest rates at 5%.
The nine-strong…
Experts say UK faces a ‘tsunami’ of missed cancers in the wake of…
Leading experts in the UK have warned that there will be a "tsunami" of cancers missed, following an international…
The rise in chocolate prices may scare shoppers this Halloween
The price of chocolate has risen by 11% over the last year, far exceeding the increases in other food items across…
Stuart Rose, former M&S boss, to lead struggling Asda after co-owner steps…
Stuart Rose, former boss of Marks & Spencer and Topshop will take over Asda when the struggling supermarket's…
Boeing furloughs a ‘large’ number of employees during factory strike
Boeing CEO announced on Wednesday that "a large number of" employees would be furloughed to save money during the…
TGI Friday UK’s future is in doubt after owner announces plan to enter into…
The UK branch of TGI Fridays has announced that it will appoint an administrator, which puts the future of all 87…
Shadow MPC: Hold interest rates, but increase bond sales.
According to the shadow monetary committee, Bank of England's interest rate should remain unchanged at 5% this…