The proposed acquisition of The Telegraph by Lord Rothermere, owner of the Daily Mail, is set to undergo a four-month preliminary investigation by regulators, who are concerned that the takeover
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An internal investigation at Crispin Odey’s now-defunct hedge fund, Odey Asset Management, has revealed at least 46 allegations of inappropriate conduct involving female employees spanning a period of 17 years.
Ryanair has reached a record valuation of €31 billion euros making it the worlds second most valuable airline after Delta Air Lines. The Irish carrier has recently been fined €256
After several subdued years, cautious optimism is surfacing in the City as London shows tentative signs of revival in its initial public offering market. A modest recovery in IPO activity
The European Commission has conducted an unannounced raid on the Dublin base of Temu, the Chinese e-commerce giant, as part of an ongoing enquiry into potential infringements of foreign subsidy
Pets at Home has signalled the need for urgent remedial action following a sharp decline in profits, highlighting significant challenges in its core retail operations. The group, which has yet
RedBird Capital Partners, a US private equity firm, has withdrawn its £500 million bid to acquire The Telegraph, leaving the 170 year old newspaper facing an extended period without a
Britain’s national security is under fresh scrutiny following stark warnings from Nikhil Rathi, head of the Financial Conduct Authority, who highlighted critical vulnerabilities stemming from the country’s failure to prioritise
Close Brothers has been dealt a significant blow as the bank announced an additional £33 million provision to reimburse customers for overpayments within its car loans division. This charge compounds
Retail giant Next has sounded the alarm on the UK’s economic outlook, stating that the nation faces a prolonged period of slow growth due to mounting tax burdens and tightening
Google has sidestepped a forced break-up following a high-profile antitrust case in the United States, but a federal judge has ordered the tech giant to share its valuable search data
Shein, the Chinese fast fashion behemoth, has been hit with a €1m (£870,000) fine by Italy’s competition authority, AGCM, for what it termed “misleading or omissive” environmental messaging about its
The relationship between the UK government and the Bank of England has taken a fresh turn as Governor Andrew Bailey stepped in to block a planned meeting between Chancellor Rachel
Rachel Reeves has urged regulators to resist “excessive caution” as she unveiled plans to encourage more Britons to invest in shares, aiming to unlock growth and innovation. Speaking at the
Bet365, the prominent gambling company founded in Stoke-on-Trent, has announced its decision to cease operations in the lucrative Chinese market. This unexpected move comes as the company aims to refocus
Chancellor Rachel Reeves is set to intensify pressure on British regulators this week, demanding they eliminate rules perceived as barriers to economic growth. The move comes amidst mounting criticism from
