In a significant shift of corporate policy, BT Group has announced plans to remove diversity, equity and inclusion (DEI) metrics from its bonus calculations for thousands of middle managers, marking
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Danish renewable energy giant Orsted has announced the departure of its chief executive Mads Nipper following a catastrophic 80% decline in the company’s share value during his leadership tenure. The
British pharmaceutical giant GSK has announced its first share buyback programme in over a decade, committing £2 billion to the initiative whilst simultaneously upgrading its long-term sales projections. The FTSE
A significant legal battle is unfolding in the High Court as Azzurro Associates, owned by hedge fund giant Elliott Management, confronts challenges over its authority to pursue personal guarantees from
InPost, the UK’s leading parcel locker operator, has emerged as a potential buyer for the financially strained delivery company Yodel, signalling a significant shift in the British logistics landscape. Senior
The fate of some of the world’s most beloved ice cream brands hangs in the balance as Unilever contemplates where to list its £13 billion ice cream division. The consumer
Homebase, the renowned DIY and garden retailer, collapsed into administration in November, leaving unsecured creditors facing losses amounting to more than £650 million. Recent filings with Companies House reveal the
Dowlais, the British car parts specialist, has struck a significant deal with American Axle & Manufacturing, valued at £1.2 billion, marking yet another UK public company attracting interest from across
A significant milestone in commercial aviation occurred yesterday as Boom Supersonic’s XB-1 prototype successfully broke the sound barrier during a test flight over the Mojave desert in California, marking the
The chief executive of Morrisons has attributed a deceleration in Christmas period sales to a cyber attack that impacted product availability and necessitated price reductions on various items. Rami Baitiéh,
Britain’s competition watchdog has initiated new investigations into Apple and Google’s dominance of mobile internet services, marking a significant development in the regulation of tech giants’ market control. The Competition
The UK’s largest pet retailer has held steady on its full-year profit guidance, despite experiencing sluggish trading over the festive period amidst challenging consumer conditions. Pets at Home reported group
British businesses are preparing for a substantial decline in trading activities over the coming months, with potentially severe implications for employment and the government’s economic growth ambitions. The Confederation of
The cosmetics retailer Revolution Beauty has issued a stark warning to investors, projecting a 25 per cent decline in sales for the 2025 financial year. The announcement triggered an immediate
The Dutch postal service company PostNL, backed by Czech billionaire Daniel Kretinsky who is currently acquiring Royal Mail, has issued a stark warning about its profitability and called for urgent
In a significant development, Belgian authorities have initiated a criminal investigation into tech giant Apple over allegations of sourcing ‘blood minerals’ from the Democratic Republic of Congo (DRC). The investigation