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%
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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
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
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
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
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
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
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
The boss of Thames Water, a struggling utility company, has admitted that the company does not have the money to repay its debts before a deadline looms. The UK’s biggest
The British Chamber of Commerce stated on Tuesday that UK businesses in China view 2024 as “a pivotal year” where Beijing will address the growing concerns about its faltering economy
Cevian Capital, one of Europe’s biggest activist investors, has seen gains of nearly 20 percent this year. This is due to the performance of building materials company CRH which switched
Nvidia is the most valuable chipmaker in the world. It has invested heavily in AI start-ups to capitalize on its dominant position as a processor provider. Nvidia, based in Silicon
EY is considering abandoning its London headquarters, the latest sign that office life is deteriorating as more people work from home. After launching an office property review at its More
The UK boutique chain’s founding directors received a sweet £280mn payout from Mars’ acquisition of Hotel Chocolat last week. The acquisition also filled in a gap in the brand mix of
Huel’s boss said that he would be open to selling the meal replacement manufacturer, but admitted that the waning initial public offering (IPO) market in the UK has made it
KPMG’s UK partnership is now less than half that of PwC, after the firm has lost its top ranking for the fourth consecutive year due to regulatory fines. The number
