Companies

The next London Mayor, whether it is Sadiq Hall or Tory underdog Susan Hall will have to make a difficult decision about awarding a contract worth £3 billion to a Chinese-backed company to operate the Elizabeth Line. Boris Johnson, then…

Local whisky producers are confident that they can continue to meet the demand for luxury goods despite a general decline in demand. The US is the biggest market for Scotch Whisky. Annabel Thomas is not discouraged by the softening of…

EasyJet expects its losses to be lower than the record-breaking deficit of last year, despite the £40 million hit caused by the suspension of flights to the Middle East. Budget airline shares rose to a near 18-month high on the back of…

The delivery firm DPD has disabled part of its artificial intelligence (AI) powered online chatbot after a disgruntled customer was able to make it swear and criticise the company. Musician Ashley Beauchamp, 30, was trying to track down…

The US corporate bond market is "on fire", as companies have sold record amounts of debt, $150bn since the beginning of the month. This has been the busiest start to the year in more than 30 years. According to London Stock Exchange…

Mike Ashley may make a bid to buy the Meadowhall Shopping Centre in Sheffield. This would be his biggest wager on retail real estate so far. Frasers Group is the FTSE 100 retailer group owned by Ashley. It's "one of a few parties" that…

According to research, the Scotch Whisky industry contributed more than £7 billion in one year to the UK's economy and supported 66,000 jobs. The Scotch Whisky Association trade body said that 41,000 direct and indirectly jobs were…

Ocado’s boss said that customers returning to online grocery shopping following a post pandemic decline, helped the retail division of Ocado return to profitability. It also enjoyed a record-breaking Christmas. Hannah Gibson, CEO of…

As part of a restructuring, the UK's largest nightclub company plans to bring in administrators. This could lead to venues closing permanently. Rekom UK owns Atik, Pryzm and other brands. The company said that the sector had experienced…

Amundi, Europe's biggest asset manager, has joined 26 investors in demanding Shell improves its environmental targets during its annual meeting. This is the largest shareholder push for climate policy that the oil and gas company faces.…

Sainsbury's may have enjoyed a roaring Christmas, but its clothing and general merchandise divisions had a disappointing festive performance. The second largest supermarket chain in Britain increased its sales 7.4% in the 16-week period…

Pennon, listed owner of South West Water, has bailed out a privatised supplier of some of England's wealthiest addresses. Sutton and East Surrey Water, one of the nation's most financially distressed water providers, was placed on a…

Shell will be forced to cut up to $4.5billion off the value several assets in Singapore, primarily its refining and chemical facilities. The London-listed oil giant is expected to take the impairment charge for its final three months…

Carta, the $7.4 billion software company that helps start-ups track their investors' investments, is attempting to trade its customer's shares without consent. This complaint threatens to undermine confidence in this widely used platform.…

Regis Schultz began his Thursday with a bike ride through Manchester, wearing his new Nike Tech Fleece. The JD Sports chief executive purchased the jacket for £120 in November to protect him against the windy north. The mild-mannered…

The weekend saw a dispute over a record £2bn payment of dividends to the owners and shareholders of Three, the telecoms company. It was claimed that this huge payout was proof that the company was profiteering. The Unite union claimed…

As part of landmark tax reforms, big multinational companies will be subjected to a global tax minimum for the first ever on Monday. The aim is to generate an extra $220 billion in revenue annually. Nearly three years after 140 nations…

Royal Mail plans to introduce parcel lockers, which will enable people to collect their online orders from anywhere in the UK. The company is racing to keep up with competitors such as Amazon. Nick Landon told reporters that the chief…