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News England

High Street Giant Slams Rachel Reeves as Shoppers Brace for Price Hikes
13 November 2024
725
Wage Increases, Price Pressures British businesses are voicing concerns over tax increases in Chancellor Rachel Reeves' latest Budget, which includes sharp rises in the National Living Wage and emplo...
Rupert Murdoch’s Final Bid to Acquire Leading UK Property Giant
25 September 2024
883
REA’s Bold Bid Battle REA, the Australian property portal under Murdoch's influence, has made a bold move, appealing directly to Rightmove shareholders following the rejection of its third takeover ...
Uber Secures New Operating License from Transport for London with Conditions
20 September 2024
876
Uber's 30-Month Safety Push Uber has successfully secured a new 30-month operating licence in London, albeit with unspecified conditions, as confirmed by Transport for London (TfL) on Friday. This development marks a significant milestone for Uber, ...
Blake Lively and Ryan Reynolds Embrace Influencer Roles
13 August 2024
860
Blake Lively’s Marketing Masterclass It Ends with Us is more than a film; it’s a marketing spectacle. Centered on a woman in an abusive relationship, it also highlights Blake Lively's entrepreneurial ventures, from her perfect hair to a ...
Rachel Reeves Initiates £7.3 Billion National Wealth Fund: A Comprehensive Overview
9 July 2024
879
UK’s Path to Prosperity In a bold move to bolster UK infrastructure projects, Chancellor Rachel Reeves is launching a £7.3bn National Wealth Fund (NWF). The fund is designed to draw private investment, aimin...
Rupert Murdoch Unveils Free Streaming Service in UK: A New Competitor for Netflix
2 July 2024
941
Tubi’s UK Launch Fox Corporation's Tubi enters the competitive UK streaming scene, challenginggiants like Netflix, Disney, Apple, and Amazon. With its successful US footprint, Tubi boasts 80 million viewers and a diverse library of 20,000...
Sir Jim Ratcliffe’s £1.25bn Investment Strengthens Manchester United’s Position
22 June 2024
910
United’s Kit Revolution Manchester United has taken a Hollywood-inspired approach, enlisting the talents of BAFTA award-winning actor Barry Keoghan for their eagerly awaited 2024/25 kit campaign. Keoghan, celebrated fo...
Two Former BHS Directors Ordered to Pay Over £18 Million for Wrongful Trading
11 June 2024
857
Retail Reckoning In a pivotal legal decision, former BHS executives Lennart Henningson and Dominic Chandler have been ordered to pay £18M in the aftermath of the infamous collapse of the UK retail giant. The pair, who ...
BT Boosts Shareholder Payouts Amid Global Unit Strategy Review
16 May 2024
1044
BT CEO Eyes UK Focus BT's new chief executive, Allison Kirkby, is exploring the possibility of selling the company's global business telecoms division to sharpen its focus on core operations in the UK. Kirkby revealed this strategy during BT's annua...
Capital Group Buys £110M+ NatWest Shares Post UK Govt Sale
12 May 2024
954
New Era for NatWest In a strategic move following the UK government’s reduction of its stake in NatWest, the Los Angeles-based Capital Group has significantly increased its investment in the bank. This decision co...
Morgan Stanley and Frasers Resolve UK Lawsuit on $1 Billion Margin Call
3 May 2024
1015
Legal Twist In a surprising turn of events, Frasers Group, owned by British retail magnate Mike Ashley, has dropped its legal action against Wall Street giant Morgan Stanley over a margin call close to $1 billion. This ...
Darktrace Acquisition: Mike Lynch Nets £4.2bn Payday
26 April 2024
1063
Darktrace's Billion-Pound Buyout Darktrace, one of the UK’s leading tech companies, is set to be acquired by Chicago-based Thoma Bravo in a £4.2bn takeover deal, marking a significant development in the landscape of cyber security and in...
Valeo Q1 Sales Decline: Impact of Decreased EV Demand on Car Parts Manufacturer
25 April 2024
988
Valeo’s Q1 Performance Valeo, a French car parts manufacturer, reported a slight dip in sales for the first quarter. The decrease was primarily due to a slump in high-voltage activity for electric vehicles (EVs), which overshadowed the company...
UK Car Dealership to Shut 16 Sites, Cut 250 Jobs After US Takeover
24 April 2024
1042
Shift into Gear The US owner of CarStore, Lithia Motors, has unveiled plans to restructure its UK operations, including the closure of 16 sites and the reduction of 250 jobs. This decision comes as part of a strategic realignment following...
Lufthansa & Cabin Crew Union Settle Last German Aviation Dispute
11 April 2024
2240
Sky High Solutions Lufthansa and a union representing cabin crew have reached a pay deal, marking the resolution of several significant disputes within Germany's aviation industry. Details of the Cabin Crew Pay Deal The UFO union announced that ne...
Sainsbury's Halts Saturday Deliveries and Contactless Payments
16 March 2024
2350
Tech Turmoil at Sainsbury's Sainsbury's, a leading supermarket chain, is grappling with unexpected technical challenges stemming from a software update glitch. This disruption has cascading effects, impacting both home ...
UK Officials Urge Vodafone to Spin Off Sensitive Operations Post UAE Deal
26 January 2024
2418
Защита невидимого В свете приобретения 14,6% акций Vodafone телекоммуникационной группой, поддерживаемой Объединенными Арабскими Эмиратами, правительственные чиновники Великобритании выступают за то, чтобы Vodafone отказался от своих наиболее важных...
Communisis Printing Firm Collapse: Uncovering a £200m Deficit
25 January 2024
2541
Встряска в полиграфической отрасли Закрытие типографии Communisis привело к ошеломляющему дефициту в размере более 200 миллионов фунтов стерлингов, кульминацией которого стало административное управление компанией. Недавно обнародованные документы ...
Sauber Team Continues Hiring Initiative in Anticipation of Audi F1 Debut
23 December 2023
2359
Racing Against the Clock Facing financial challenges, the team downsized to 220 members. Finn Rausing took over in 2017, securing investments. Under Alfa Romeo, the team thrived, more than doubling its headcount by the current season. The expansion...
Wilko's High Street Comeback: Reemergence Months After Dramatic Collapse
1 December 2023
2573
Wilko's Resurgence In a remarkable turn of events, Wilko has not only weathered the storm of its recent challenges but has emerged stronger than ever. The doors of its new establishments in Plymouth and Exeter stand tall, marking the beginning of a ...
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