Royal Mail failed to publish their financial results in time due to audit delays. It is preparing for a £3.5bn acquisition by a Czech billionaire. International Distributions Services, the parent
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Mike Ashley has learned that he is considering a stake in the Princesshay estate of Exeter. This would be the first joint-venture between the retail mogul, and King’s Property Company.
South West Water’s owner has announced that normal service is now available to 85% of their customers, after unsafe drinking led to over 100 cases of waterborne diseases in Devon.
Bouygues, a French conglomerate, is trying to block Morrisons from selling its petrol forecourts to them in a heated dispute over the rights to operate electric vehicle chargers on the
BYD, the Chinese electric car giant, first entered the British automobile market. It’s now taking on the traditional London bus makers. Sources said that the Go-Ahead Group will award a
The 4,200-acre Profen mine, located 45 minutes southwest of Leipzig in east Germany, stretches to the horizon. The Nazis opened the mine in 1941, forcing hundreds of residents to move
Lupita Nyong’o, Black Panther star, shone under the spotlights when she walked on the Oscars stage two months ago, dazzling in her silver dress and diamond bracelets, earrings and rings.
In a dispute that has cast doubt on the future of Harland & Wolff, the Belfast shipbuilder responsible for the Titanic, the UK government is divided over a financial assistance
Burberry’s profits fell by 40% over the past year due to a general slowdown in luxury goods demand that has affected sales in Asia, and Americas. In its preliminary results
Thousands of UK companies have exploited their corporate power to increase profit margins since the pandemic, redistributing wealth from employees to employers and shareholders, according to the biggest study yet
British digger manufacturer JCB, owned and controlled by billionaire Bamford Family, continued to manufacture and supply equipment for Russia’s market even after claiming it had stopped all exports due to
Grant Thornton expects to earn £46mn from the administration of Greensill Capital. This is one of the costliest insolvency processes undertaken in the UK. According to a report filed with
ITV reported a complete drop in sales as the production arm of its company, hit by Hollywood’s writers and actors strike, overshadowed its more enticing advertising figures. The revenue for
An overseas investor is looking to take advantage of the cheap London market valuations by targeting a FTSE 250 engineering consulting firm. John Wood Group rejected a £1.4billion takeover offer
Land Securities, the largest commercial real estate owner in the country, sold the last of its hotels to an investor from the United States. Ares Management, based in Los Angeles,
The French-owned company with a Derby site that supplied rolling stock to the Elizabeth Line asked its shareholders to contribute €1 billion in order to get back on track. Alstom,
