Mining sector consolidation took a significant turn as BHP, the Australian-listed mining giant, confirmed it will not pursue its attempted acquisition of Anglo American, following a firm rejection from the
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More than 650 employees are set to lose their jobs after Unimetals, a major player in the scrap metals sector, filed for compulsory liquidation. The company, which operates from 27
Dozens of alternative broadband providers across the United Kingdom are contending with mounting losses and soaring debts, casting doubts on their long term viability. The sector, which has sought to
Staff at Asda’s Leeds headquarters were recently welcomed by a mock mountain base camp and rock-climbing wall, part of a training event orchestrated by executive chairman Allan Leighton. The Alpine
Lord Rothermere, proprietor of the Daily Mail, has entered exclusive negotiations to acquire the Telegraph Media Group for a reported £500 million. The bid is being mounted through his holding
Britain is witnessing a notable increase in the number of business owners relocating abroad ahead of the new Budget, a pattern attributed to recent tax policy changes and uncertainty surrounding
Britain is becoming increasingly unattractive for international investment due to protracted planning processes and sluggish decision making, according to Jonathan Oppenheimer, scion of the Oppenheimer diamond mining dynasty. Speaking at
A landmark merger between British law firm Ashurst and the US-based Perkins Coie will create a transatlantic legal giant with annual revenues projected at 2.7 billion dollars or 2 billion
Billionaire Daniel Kretinsky, owner of Royal Mail, is set to become the fourth largest shareholder in French oil giant TotalEnergies after a transaction valued at €5.1 billion (£4.5 billion). The
Potential bidders for Costa Coffee have begun to fall away, with private equity firm KKR withdrawing its interest in acquiring the chain from CocaCola. The decision comes just days before
Britain’s largest pub company is preparing for a substantial sale, aiming to offload over 1,000 pubs as mounting debt threatens its future. Senior management at Stonegate Group, owner of the
RedBird Capital Partners, a US private equity firm, has withdrawn its £500 million bid to acquire The Telegraph, leaving the 170 year old newspaper facing an extended period without a
B&M European Value Retail has issued a warning over ongoing challenges facing British retailers, as the company reported a significant decline in profits. The discount chain disclosed that pre tax
Rightmove, the UK’s leading online property portal, is facing a £1 billion legal action initiated by thousands of estate agents who allege the company imposes excessive fees for property listings.
Industrial relations at Britain’s flagship art institutions are under renewed pressure as staff at Tate galleries prepare to begin strike action coinciding with the opening of the highly anticipated Turner
Asda has experienced a significant plunge in its share of the UK grocery market, heightening scrutiny of chief executive Allan Leighton and his efforts to revive the supermarket chain. The