Boots, the struggling US-owned chemist chain, has for the second consecutive time abandoned plans to sell its multi-billion pound assets. This puts the high street chemist in danger of further
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Tata Steel told its workers that it may have to close down the steel plant at Port Talbot earlier than expected due to a strike. The company planned to close
Online electrical goods retailer AO World enjoyed a near tripling of profits, thanks to the booming sales of tumble dryers during the rainy winter and TVs for Euro 2024. The
After the Czech billionaire who is bidding for the ownership of Royal Mail for £3.6bn suggested that he might implement an “incentive program” if successful, the union representing postal employees
Nestle will sell dietary supplements that counter the effects of weight loss drugs to “Ozempic Face”. The company announced that it would launch products to “complement” weight loss treatments. These
Shein, according to sources, filed confidential papers with Britain’s market regulator early in June. This started the process of a possible London listing for the online fast fashion retailer later
Emma Bridgewater , Britain’s “queen” of pottery, has suffered a loss of nearly £1.4m as her company had to drastically discount its crockery due to fierce online competition. The Stoke-on-Trent
Royal Mail’s owner faces a new claim of £878mn for damages related to its delivery operations. This is adding to Royal Mail’s legal woes, as it prepares itself for the
GMB officials are encouraging staff at Amazon’s Coventry to “vote yes” together at the beginning of a ballot that could lead to a historic deal for union recognition. After the
Sir Jim Ratcliffe backed Labour for the next government. He said that voters had “had enough” with Rishi Sunak’s policies. The billionaire coowner of Manchester United who controls a minor
The Euros and Olympics will bring a boost to many landlords, but it may be too late for some pubs. According to an analysis of official statistics by Altus Group,
Carlos Slim, a Mexican billionaire, has acquired a 3% stake in BT. This comes after Allison Kirkby, the new chief executive of BT’s UK division revealed her plans for turning
The dissolution of the investment team led by Neil Woodford, whose London-listed stocks have been losing interest. Invesco will merge its European division with its UK-based stock-picking unit from January.
In the wake of a £3.6billion overseas takeover bid for the postal services company, a New York hedge funds has taken a short position on the owner of Royal Mail.
Another Boeing employee has claimed that management ignored safety and quality concerns and dismissed their concerns. Roy Irvin worked as a quality inspector at Boeing’s South Carolina plant from 2011
By the end of the month, the billionaire owner Allwyn, which runs the UK national lottery, will cut his last ties to Russia’s state owned energy company Gazprom, two years
