Retail Frasers Group’s Mike Ashley rejects Mulberry’s owner’s bid of… admin Oct 14, 2024 The Mulberry owner has refused to sell its shares after Mike Ashley's Frasers Group increased their bid of £111m.…
Business Exclusive talks between Harland & Wolff and Spanish shipbuilder Navantia to… admin Oct 14, 2024 Navantia, a Spanish shipbuilding company, is currently in exclusive talks to purchase Harland & Wolff. This…
Airport London City Airport owners pump in £130m to deal with business travel slump admin Oct 14, 2024 London City Airport owners have invested £130 million in new equity to gain a reprieve for lenders amid a long-term…
US PwC pays British American Tobacco £132m for flawed audit admin Oct 14, 2024 PwC paid British American Tobacco £132 million for its involvement in a "deeply faulty" audit of an affiliate of…
Investment Smith & Nephew accused by the media of inflating profits admin Oct 14, 2024 A firm that calls itself a "group of financial detectives" has accused Smith & Nephew of using "aggressive…
Retail Selfridges property portfolio reduced by more than £600m admin Oct 14, 2024 Selfridges property portfolio's value was reduced by over half a billion pounds in the last year. This highlights…
Investment Macquarie to invest £20bn in Britain as Labour seeks investors admin Oct 14, 2024 The Australian infrastructure company blamed for the Thames Water crisis is planning £20 Billion of new investment…
Economy Big banks and companies say that Britain is ready to invest. admin Oct 14, 2024 Before the start of important business talks in London, the biggest banks and corporations around the world said…
Economy The 2025 Budget of French PM Michel Barnier includes shock therapy admin Oct 12, 2024 In an effort to reduce its growing deficit, the French government proposed a budget that would cut spending by…
AI AMD launches new AI chip rivaling Nvidia admin Oct 12, 2024 AMD's CEO believes that the chipmaker has closed the performance gap between Nvidia and its market-leading…
Tax Portugal aims to become a low-tax haven of young people admin Oct 12, 2024 Portugal plans to become a tax-free haven for young people by offering them a decade's worth of tax breaks. This is…
Private equity Moody’s warns that private equity assets are struggling to pay off heavy… admin Oct 12, 2024 Moody's reported on Thursday that private equity groups such as Platinum Equity, Clearlake Capital, and Apollo…
Transport Infrastructure tsar: UK must prepare to implement road pricing admin Oct 12, 2024 The country's top infrastructure advisor has stated that Britain needs to prepare for road price in order to cover…
Farming Wet weather in England causes the second-worst harvest on record admin Oct 12, 2024 After heavy rains last winter, England's second-worst harvest in history has been recorded. There are growing…
Energy EDF seeking up to £4bn in investors’ funds to complete Hinkley Point C admin Oct 12, 2024 EDF, the French energy company, is reported to be in talks with investors about raising up to £4bn for the Hinkley…
US Florida examines wreckage caused by Hurricane Milton admin Oct 12, 2024 On Thursday, rescue operations began in Florida as officials assessed the damage caused by Hurricane Milton. The…
Banking TSB fined £10.9m for ‘worse’ systems that place customers at risk admin Oct 11, 2024 The UK's financial watchdog has fined TSB Bank £10.9m after finding that its "woreful" system put customers at…
Financial TGI Fridays pays workers following redundancy row admin Oct 11, 2024 TGI Fridays, the restaurant group, has finally agreed to pay its workers what they are due after being laid off.…