Companies

Coca-Cola UK, Formula One Marketing, and Reckitt all rank among the "rogues gallery" of slowest payers of invoices by small businesses in Britain. They take an average of 110 days to settle their bills. Good Business Pays (which…

Bahraini McLaren owners have hired bankers in order to sell their stakes in the British automaker after investors forced it to inject £1.5bn to support it in the aftermath of the pandemic. Mumtalakat is Bahrain's sovereign fund, which…

Rene Benko, the self-styled tycoon of Selfridges and Signa, has filed for bankruptcy following the collapse of his real estate empire. In the most recent chapter of Mr Benko’s fall,, the embattled entrepreneur filed for personal…

From April, thousands of small businesses and self-employed people will not be required to charge VAT at 20 percent. The threshold for VAT registration has been raised from £85,000 up to £90,000. This is the first increase in seven…

Rentokil Initial's biggest acquisition to date has begun to pay dividends for the company, once known as the "royal rat catcher". The FTSE 100 group in pest control reported a 44 percent increase in profits before tax in 2023, to £766…

The group that owns Ladbrokes, Sportingbet and other gambling brands revealed a £40-million hit to its earnings in 2024 due to regulatory headwinds from Britain and the Netherlands. This prompted analysts at the company's parent company to…

Spirent Communications, a London-listed company, has become the latest target for a takeover after its board backed a £1billion offer from an American competitor. Viavi Solutions' all-cash bid for the FTSE 250 tech group was a good…

The Falkland Islands government has selected the shipyard responsible for building the Titanic as its preferred bidder to win a £120million contract for a new Falkland Island port. The Falkland Islands government selected Harland &…

IWG, the owner of Regus serviced offices, saw its revenues reach a record £3.34billion last year, as it benefited from the increasing popularity of hybrid work. Mark Dixon, IWG’s CEO and founder, stated that more people are returning to…

Aviva returns to the largest insurance market in the world after nearly a quarter of century with a £242million deal to buy the Lloyd's of London competitor Probitas. The FTSE100 company stated that the Lloyd's Market represented "a…

The Body Shop administrators are closing dozens stores, despite the fact that they were profitable. The Body Shop collapsed dramatically last month, just weeks after being acquired by private equity firm Aurelius. FRP administrators have…

Jeremy Hunt's attempt to convince Shein , a Chinese fast fashion company, to list in London faces opposition from some British retailers' biggest stores. High street leaders have been lobbying ministers about Shein's alleged abuse of tax…

Mike Ashley's Frasers Group bought out the administration of online bicycle retailer Wiggle as the retail giant continued to capitalize on the distress coursing throughout the industry. Frasers, owner of Sports Direct has reached an…

Aston Martin Lagonda will have to wait a little longer to reach profitability and an electrified future after it revealed it missed its production targets, which were already revised downwards, for 2023. Lawrence Stroll, the executive…

Pension funds are piling into UK corporate bonds, encouraging some French and German companies to issue sterling debt for the first time. The UK's £1.4tn "defined benefit" pensions industry has been switching to corporate debt for its…

Christian Scherer, Airbus's chief executive officer, has pioneering in his blood. Christian Scherer, the man who runs the world's largest aircraft manufacturer, was only ten years old when he saw his father fly Airbus's very first aircraft…

Airbus expects to deliver about 800 planes this year, 65 more than last year, it said on Thursday as it reported an increase in profits and strengthened its position as the world's largest aircraft-maker. The European aerospace company…

Blackstone has halted plans to sell the Canary Wharf tower for £250m as companies and investors shun office space within the financial district. A US private equity company had exclusive discussions with an Asian investor to sell Cargo…