Hundreds of jobs are set to be lost at Brewdog after the Scottish brewing and hospitality company was acquired by a US cannabis and wellness specialist in a deal valued
Companies
347Articles
Ocado has announced plans for a significant restructuring that will result in approximately 1000 job losses, as the British supermarket technology group seeks a substantial reduction in its cost base.
The chief executive of the London Stock Exchange Group has firmly dismissed assertions that the company is at risk from AI-driven competition, branding such claims as unlikely, verging on impossible.
Allegations have emerged that Mike Ashley’s Frasers Group attempted to undermine Boohoo’s multimillion-pound equity raise. The claims suggest that Frasers sold millions of shares at a discounted price, just as
A crisis has unfolded at SkinBioTherapeutics, an Aim-listed skin healthcare company, following the abrupt resignation of its chief executive, Stuart Ashman. The company revealed significant accounting discrepancies that have led
Richard Howson, the former chief executive of Carillion, has been fined £237,000 for his role in the collapse of the construction and support services firm. The Financial Conduct Authority (FCA)
Tui, Europe’s largest travel operator, has recently highlighted a slowdown in summer bookings, which has raised concerns among analysts and investors. Despite reporting a strong start to the year, Tui
Asda is encountering significant hurdles as it attempts to revitalise its brand under the leadership of Allan Leighton. Upon his return in 2024, he aimed to replicate the previous success
Glencore has announced significant increases in its copper reserves, enhancing its leverage in ongoing negotiations to merge with Rio Tinto. The FTSE 100 commodities trader has revealed a more optimistic
>Tens of thousands of businesses categorised as ‘zombie’ companies risk collapse this year, as they contend with severe financial pressures related to high tax rates, increasing employment costs, and declining
Shell and Exxon Mobil have announced the cancellation of a planned sale of $500 million worth of North Sea natural gas assets to Viaro Energy. This decision comes after the
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
Mike Ashley’s private investment vehicle has reported a substantial pre-tax loss of £7.2 million, reflecting a write-down related to its stake in a property development firm. The losses are primarily
The Japanese technology company Fujitsu has come under intense scrutiny from Members of Parliament regarding its contribution to a £1.8 billion compensation scheme for victims of the Post Office Horizon
Alan Howard, the prominent billionaire and co founder of hedge fund Brevan Howard, has left the United Kingdom for Switzerland following the Labour government’s recent changes to tax policy. This
WH Smith is under formal investigation by the Financial Conduct Authority following a significant accounting error in its United States business. This misstatement, which inflated profits over several years, resulted
