Law Tax havens are ‘using all the tricks in the book’ to avoid… admin Apr 16, 2024 According to a recent report, tax havens make "glacially" slow progress on transparency measures to combat economic…
Companies Apple’s smartphone crown is lost to Samsung, as Chinese rivals gain more… admin Apr 16, 2024 Apple's lead on the global smartphone market was lost at the beginning of 2024. iPhone sales fell by 10% as Chinese…
Companies Dividends of £2.5bn paid by water companies in the last two years, as debts rise… admin Apr 16, 2024 In the two years following 2021, water companies in England & Wales have paid £2.5bn as dividends to…
Companies Tesla cuts 10% of its global workforce admin Apr 16, 2024 Tesla has cut more than 10% of its staff -- or at least 14,000 positions -- due to a global EV slowdown, and a…
Markets Bond and currency markets are shaken by a ‘Blowout” in US retail sales admin Apr 16, 2024 The "blowout report" on retail sales for March sparked an immediate sell-off of US government bonds and sent global…
Retail Uniqlo’s £15 banana bag, which went viral among Gen Z, drives sales up after… admin Apr 16, 2024 Uniqlo has seen a surge in sales after a "banana bag" that became viral on TikTok. Newly filed accounts show…
Business Sunak’s favourite trainers, Adidas, are now more popular than Nike admin Apr 16, 2024 Rishi Sunak, who was seen wearing Adidas Sambas was forced to apologize after fashionistas reacted so strongly.…
Business Revolut UK’s chief says New York is a threat to London’s fintech… admin Apr 16, 2024 Revolut's UK CEO has warned that London faces the risk of losing its dominance in the fintech industry to New York.…
Airport Airports urge ministers to stop issuing e-visas for transit passengers, as numbers… admin Apr 15, 2024 Heathrow said that forcing airline transit passengers into a scheme where visitors to the UK are required to pay a…
Fitnesses and wellbeing L&G fires a warning shot at AstraZeneca regarding Pascal Soriot pay admin Apr 15, 2024 The UK's biggest investor has cautiously supported Sir Pascal Soriot’s controversial AstraZeneca pay deal, but…
Travel Spain supplants UK as top hotel investment destination amid buoyant demand admin Apr 15, 2024 According to CBRE, Spain is now the preferred destination for hotel investors this year. This follows a number of…
EU regulations France criticises UK for fishing access in protected habitats in British waters admin Apr 15, 2024 France and the UK have launched a dispute over fishing rights, after their trawlers had been banned from certain…
Food and drink industry Importers warn that new Brexit checks could cause shortages of food in the UK admin Apr 15, 2024 Ministers' decision to impose phytosanitary certifications, plant passports as well as import licences and export…
oil producer Shell’s exit from the FTSE could cause a dam to break admin Apr 15, 2024 City nerves jangle when FTSE giant feels unvalued Net zero is still decades away, but we have spent endless…
Investment As the Middle East crisis intensifies, drivers will face a rise in petrol prices admin Apr 15, 2024 The escalating Middle East crisis threatens to push oil prices to close to $100 per barrel. The RAC has warned…
Crypto currency Chinese victims of fraud seek to return £3bn (£3bn) in Bitcoins seized in UK admin Apr 12, 2024 The UK seized more than £3bn of bitcoins from China. The group of victims of the £5bn scam perpetrated by the…
AI British chip manufacturer IQE profits from AI boom admin Apr 12, 2024 IQE's chip components are in high demand due to the boom in artificial Intelligence. In an update released…
Companies Lok’nStore suggests takeover by European competitor admin Apr 12, 2024 After accepting a £378million offer from a Belgian group of self-storage, it appears that Lok'nStore will be the…