The Competition and Markets Authority is set to initiate major reforms by proposing the removal of 33 outdated restrictions deemed no longer relevant. This move is expected to benefit over
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The British government has approved a significant £25 million investment in Kraken Technologies, marking its largest direct financial commitment to date. This move is part of a broader strategy aimed
Rachel Reeves, the Shadow Chancellor, faces growing pressure from Labour MPs to detail a comprehensive plan for overhauling the business rates system. This follows her commitment made during the general
Peter Kyle, the Business Secretary, is considering the introduction of legislation to prohibit non-compete agreements in the United Kingdom. These contracts currently impact approximately five million workers, primarily in sectors
>Next has solidified its position as a resilient player in the UK retail landscape amid rising costs and increasing online competition. The chief executive, Lord Wolfson, has led the company
The Pokémon franchise has emerged as the highest-grossing media brand globally, amassing lifetime revenues of over £110 billion. Originating from a simple concept, the franchise has developed into a multifaceted
Elon Musk’s Starlink has made significant strides in the UK broadband market, now offering services at prices lower than those of BT. This move follows recent price cuts aimed at
Tension has arisen within the family behind Russell and Bromley, as shareholders are divided on the potential sale of the struggling footwear chain. Some favour a sale to Next, while
BP has recently informed its shareholders that the company is preparing to account for write-downs amounting to 5 billion dollars on its green energy initiatives. This decision coincides with a
Economic markets reacted with relief following the recent thaw in relations between Donald Trump and Xi Jinping. This optimistic sentiment stems from their meeting last October, where both leaders appeared
CocaCola has decided to abandon its plans to sell Costa Coffee after potential bidders were unable to meet the stipulated price of £2 billion. The decision comes amid increased competition
Almost 30000 properties in Tunbridge Wells have been left without water following significant failures from South East Water, prompting concerns from one of the supplier’s largest shareholders. This situation has
The chief executive of Premier Inn owner Whitbread, Dominic Paul, has issued a stark warning regarding the potential ramifications of proposed changes to business rates. He emphasised that these adjustments
Fortnum & Mason has reported a robust performance, highlighting resilience in a challenging retail environment. The UK’s oldest department store experienced a sales increase of 5 per cent, reaching £239
A shortage of high-end office buildings is compelling companies to lease older, lower-quality spaces, as experts anticipate a complete lack of prime properties available for rent in London’s Square Mile
Simon Carter, the Chief Executive of British Land, a prominent player in the FTSE 100 real estate investment trust sector, is poised to transition to a new role with P3
