North Sea oil and gas producers are calling on the United Kingdom government to scrap the existing windfall tax and approve two major offshore projects. The industry argues that these
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Shares of Revolution Medicines declined by six per cent on Thursday after the release of review documents from the Food and Drug Administration. The newly disclosed information suggests that the
Boots is set to enter its 178th year under new ownership following the agreement of a £7bn deal this week. The pharmacy and retailer, a long-standing fixture on Britain’s high
The Buchan offshore wind farm has secured certification for its foundation technology, positioning the project to seek offshore consent before the end of the current year. The 960MW development, located
Royal Mail has confirmed plans to reduce its head office and supporting workforce by 2,500 roles by the end of 2027. The postal service stated that the reductions, which equate
Magna Mining has sanctioned a $70 million restart of its Levack nickel-copper mine near Sudbury, Ontario, with the objective of achieving commercial production by mid-2028. The decision marks a significant
Ivanhoe Mines has reported a 19% quarter-on-quarter increase in copper production, with third-quarter output reaching 76,401 tonnes. The Canadian miner stated that this rebound brings production levels closer to those
Cambridge-based biotechnology firm Neela Biotech has secured £2.1m in pre-seed funding to accelerate the commercialisation of its artificial intelligence-driven technology. The company aims to convert food, agricultural and forestry waste
The industrial supply chain in the north-east of Scotland is at significant risk if current policy directions do not shift to support the offshore wind sector, according to Maggie McGinlay,
Virgin Media O2 has disputed reports that it is paying approximately £200m to retain its name on the O2 arena, as the telecoms group commits to a further decade of
Money market funds experienced a significant resurgence in popularity last month, with investors shifting capital away from equities amid persistent market uncertainty. UK investors favoured these low-risk instruments to navigate
Shein recorded UK revenue of £2.58bn in 2025, according to newly published accounts, as the fast-fashion retailer expanded its market share despite recent difficulties with its initial public offering. The
Moderna Therapeutics is applying lessons learned from its rapid expansion during the pandemic to support the development of its next generation of messenger RNA therapeutics. Michelle Rodriguez, the company’s vice
Orcadian Energy is drawing on a large-scale American data centre project to bolster the case for its proposed offshore facility in the Southern North Sea. The firm, which holds a
KPMG Australia is reportedly evaluating a request for up to $100m in emergency loans from its global parent group, KPMG International. The move comes after a significant scandal damaged the
Apache has stated that industrial action by its workforce would not result in fuel disruption for the United Kingdom. The company addressed concerns raised by Unite the Union, which announced