Starling Bank has come under intense scrutiny after awarding its staff a significant increase in bonuses, despite facing regulatory penalties and profit challenges. The digital-only challenger bank announced a total
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British billionaire Zuber Issa, widely recognised for his pivotal role in acquiring Asda, is reported to be exploring a daring multibillion-pound bid to purchase Castrol Oils. The lubricant business, owned
The Financial Reporting Council (FRC) is set to make significant changes to the UK Stewardship Code, a framework designed to guide how shareholders hold companies to account. Created in the
Hailey Bieber, wife of pop sensation Justin Bieber, has sold her beauty brand Rhode to Elf Beauty in a landmark deal valued at up to £1 billion. The agreement includes
McKinsey & Company, the prestigious New York-headquartered consultancy, has reduced its workforce by over 10 per cent over the past 18 months following a boom in growth during the pandemic.
Starling Bank, the digital-only lender, is under renewed scrutiny for its handling of government-backed Covid-era loans, having disclosed a £28.2 million provision to remove state guarantees from certain bounce back
Salesforce, the global cloud software giant, has confirmed an $8 billion takeover of Informatica, a leading provider of data management solutions based in Redwood City, California. The acquisition aims to
Not long ago, purchasing a new Clarins face cream or MAC mascara was synonymous with a trip to the high street. Beauty shopping revolved around physical retail spaces, where customers
Marks & Spencer (M&S) is pushing forward with an ambitious expansion plan as the retailer rebounds from a disruptive month-long cyberattack that impacted operations. The company’s strategy includes converting 12
Taxpayer funding for the nationalised British steelmaker, Sheffield Forgemasters, has exceeded £400 million, as confirmed by the Ministry of Defence (MoD). This funding, intended to be distributed over a ten-year
In a small Welsh town named Porth, nestled in the Rhondda Valley, a striking transformation of the local high street is underway. Once home to a mix of shops, the
BT has reported an increase in profits, with its latest financial results offering a glimpse of sustained revenue growth on the horizon. The telecoms giant announced a pre-tax profit of
JD Sports has warned that elevated US tariffs could lead to higher prices for American consumers, as the sportswear giant struggles to navigate a challenging global market. The FTSE 100
Marks & Spencer has revealed that the recent cyberattack on its systems will cost the company £300 million, dealing a heavy blow to its bottom line and shareholder confidence. The
The catering group SSP, which operates popular brands such as Upper Crust and Caffè Ritazza in airports and railway stations, has announced a significant cost-cutting initiative alongside the postponement of
Vodafone has pledged a return to profit growth as it prepares to finalise its highly anticipated £16.5 billion merger with Three in the UK. The telecoms giant announced that its