The latest data from the S&P UK PMI composite output index reveals a significant boost in private sector activity, climbing to a six-month high in March. The index rose to
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23andMe, the prominent California-based genetic testing company, has filed for Chapter 11 bankruptcy protection in the United States. The move comes as the firm seeks to secure a buyer and
Businesses across the UK are grappling with a wave of challenges as the Chancellor’s recent tax increases and hikes in the minimum wage begin to take effect. These measures are
The London Metal Exchange (LME) has been issued a £9.2m fine by the Financial Conduct Authority (FCA) for its mishandling of the nickel market disruption in March 2022, marking the
The BBC has announced a significant overhaul of its international audio services, restricting overseas access to its Sounds platform. From next month, expats will no longer be able to use
Apple is reportedly losing £1 billion annually on its streaming service, Apple TV+, as it struggles to compete with industry giants like Netflix, Amazon Prime Video, and Disney+. Despite significant
Prudential, the Asia-focused insurer, has reported a robust 2024 performance and projected more than 10% growth across key metrics for 2025. This forecast comes amidst increasing demand for long-term savings,
CityFibre, the UK’s largest alternative broadband network provider, is facing challenges in securing the £1.5 billion needed to support its operations and ambitious expansion plans. The company, which has positioned
AstraZeneca, one of the world’s leading pharmaceutical companies, has announced a transformative acquisition of the Belgium-based biotech firm Esobiotec in a deal worth up to $1 billion. This strategic move
A court hearing involving Apple’s legal challenge against the UK government was held behind closed doors on Friday, as media organisations were barred entry to the proceedings. The US-based technology
Amid ongoing tensions between the United States and the European Union, Ireland finds itself in a precarious position as trade talks intensify. For years, the Irish economy has benefited significantly
A contentious £3 billion refinancing package for Thames Water has stirred significant debate as critics argue it could worsen the company’s financial troubles. The plan, approved by the High Court
Latham & Watkins has achieved a significant milestone by becoming the second law firm in history to surpass the $7 billion revenue threshold. The Los Angeles-founded firm reported a 23
The UK’s business landscape has witnessed a notable contraction, with the number of companies registered at Companies House declining in the final quarter of 2024. For the first time since
Lloyd’s of London has announced that Californian wildfires last year generated a market-wide loss of approximately $2.3 billion (£1.9 billion), according to its preliminary 2024 results. While this has impacted
Heathrow’s chief executive, Thomas Woldbye, has revealed that the construction of the proposed third runway will require a significant re-routing of the M25, one of the busiest motorways in Europe.