There is increasing pressure on the Scottish government to save its only oil refinery Owners of Scotland’s only remaining oil refinery Grangemouth have lost more than £1bn over the past
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The recent collapse of the well-known retailer Wilko has led to a significant development as key figures of the former management team are set to face a parliamentary inquiry. The call for questioning comes from MPs belonging to the business and trade committee, who are seeking insights into the decisions that were made while the company was reportedly struggling with substantial debts.
Elon Musk has branded the escalating Swedish strike against Tesla as “insane”, as it threatens to disrupt Tesla’s operations across Europe. Last month, about 130 mechanics from Sweden who are
Kingfisher, the owner of B&Q, has issued its second profit alert in just six months following a drop in sales in France. The DIY retailer has cut its profit expectations
Official data shows that for the first 12 years, more businesses are closing than opening. The number of companies closing their doors increased by 5pc on an annual basis to
Huel’s boss said that he would be open to selling the meal replacement manufacturer, but admitted that the waning initial public offering (IPO) market in the UK has made it
KPMG’s UK partnership is now less than half that of PwC, after the firm has lost its top ranking for the fourth consecutive year due to regulatory fines. The number
London Stock Exchange Group Plc announced that it would execute £1 billion ($1.2billion) in buybacks for the next year. The company also increased its guidance, and revealed changes to its
Insiders in the government have confirmed that the Cyprus Police force is investigating an oligarch’s attempt to transfer a £1bn share of a public company, on a day when he was
FTSE 100 CEOs have warned that Jeremy Hunt needs to end the “vicious cycle” of Britain’s stock market decline. Julia Hoggett is the chief executive officer of the London Stock
Asda paid off £300m in debts, as its billionaire owners raced to reduce borrowing levels throughout their business empire. The supermarket has cleared a £200m debt it took on to
After spiraling costs cast doubt on its viability, the UK’s largest offshore wind developer has been in discussions with Net Zero Secretary Claire Coutinho regarding the fate of their flagship project off
Sydell Group, according to sources with knowledge of the situation, is considering selling its NoMad Hotels franchise. They asked not to be named because they were discussing internal issues. The
Emirates opened the Dubai Airshow by purchasing Boeing aircraft worth £42bn, demonstrating how aviation has recovered after the pandemic of coronavirus, even though Israel’s conflict with Hamas has clouded regional
