Retail in Crisis
A coalition of 86 prominent retail leaders has issued an urgent call to Home Secretary Suella Braverman, demanding immediate action to combat the alarming surge in criminal activities within the retail ...
Mounting Trash Chaos
In Brick Lane, famous for its Indian eateries and bagel shops, the aftermath of seven days of uncollected waste is grim. Locals describe the accumulating trash as a "Mount Everest" of refuse. Business owners, like Ellis Zelum of...
Wilko Crisis
Wilko has begun shutting its first group of stores today, marking a pivotal moment in the high street chain's ongoing turmoil.
Administrators from PwC recently confirmed that all Wilko retai...
BT's Bold Move
BT, the renowned telecoms giant with over 170 years of history, has achieved a historic milestone by appointing Allison Kirkby as its first female chief executive. She will take over from Philip Jansen up...
NatWest in Crisis
In a significant announcement, NatWest CEO, Alison Rose, reveals her decision to resign from her position due to a "serious error of judgment." This noteworthy development comes after a candid conversation with a BBC journalis...
UK Bank Bosses Demand Action
UK bank bosses demand immediate action against online fraud, urging tech firms like Meta to take responsibility. Costing consumers £1.2 billion annually, urgent measures are vital to safeguard t...
Banking Shake-up
Barclays, one of the leading banking institutions in the UK, has recently announced plans for the closure of an additional 10 bank branches this year, dealing yet another blow to the struggling UK high street.
T...
Brexit's Impact
Germany experiences surge in foreign investment from British companies post-Brexit, reaching record FDI level of £22bn, up from £6bn in the previous year.
Growth of Foreign In...
Battles between the billionaires
Sir Jim Ratcliffe, the Ineos founder, has emerged as the UK's second wealthiest individual, boasting a net worth of nearly £30bn. In the span of a year, his fortune skyrocketed by £23.6bn, propelling him ...
Shoezone's store shakeup
Shoezone, a popular British high street retailer, will be closing additional stores in the coming months, following a series of closures that have already taken place. Since its establishment&nb...
Collaborates with StepChange
BBC revises TV license fee structure to address gender disparity, with a focus on providing financial assistance to women facing economic hardship.
Changes to Payment Plan
The BBC has extended its simple...
Hogan Lovells to assist UK government
The UK Department of Business and Trade has awarded Hogan Lovells, a leading law firm, a £4 million contract to support the removal of EU-era laws from the statute books.
Background on Hogan Lovells
Hoga...
Revitalizing London's high street
London's high street is on "life support," according to Stuart Machin, CEO of Marks and Spencer, as the company pledges £12.5 million of investment to revitalize the city's retail landscape. The historic retai...
Pharmacy closures hit UK supermarkets
Supermarket giant Tesco has announced the closure of eight of its 100-hour pharmacies in the UK due to low demand.
The affected pharmacies, ...
First Female CEO in company
Diageo, one of the world's largest producers of alcoholic beverages, has recently made a historic announcement the appointment of its first-ever female CEO.
As of July 1, Debra Crew, former chief operating officer of Dia...
Investing for transformation
The retail giant is known for its department store chain and Waitrose supermarkets, but recent financial results have led to the company exploring new ways to raise investment.
The firm reported a loss of...
The UK economy
The UK government is taking steps to minimize the economic impact of the recent bankruptcy of Silicon Valley Bank (SVB), one of the largest US banks.
Jeremy Hunt said that the government is working at a fast pace to respond to the fa...
Internet businessmen and tax
Revenue and Customs (HMRC) will send 4,300 notices to internet earners in the kingdom whom it suspects of not paying taxes. This was reported by the Financial Times.
The authority said such letters will be sent to peopl...
Business from the UK to the US and EU
A number of British semiconductor manufacturers are considering relocating their businesses to the US or an EU country if the UK government does not soon present a strategy and fina...
Manchester United could be bought by James Ratcliffe
Owner of chemical concern Ineos, British billionaire James Ratcliffe is in talks with US banks JPMorgan Chase and Goldman Sachs to support a bid to buy English football cl...
Companies rating
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