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...
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 ...
The British Museum's £50M Blueprint
The British Museum recently finalized a decade-long, £50 million partnership with BP for the Bloomsbury site's renovation. While anticipation surrounds this funding, environmental c...
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 ...
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...
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 ...
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...
Banks recover poise
London stocks have rebounded in early trade on Thursday, following a significant sell-off in the previous session. Bank shares, in particular, have been on the rise after Credit Suisse secured a $54b...
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...
A deal between companies
The UK regulator has opposed Microsoft's purchase of major US computer games developer Activision Blizzard for $75bn.
The UK Competition and Markets Authority, shortly CMA, ...
Space technology supported by investors
Investors have invested record sums in space technology start-ups for the second year in a row. This was reported by The Times.
According to its data, in 2022, space technology projects received about $8.9 bi...
Company buyout
Australian battery maker Recharge Industries will buy the assets of the bankrupt British startup Britishvolt. The announcement was made on Monday by audit firm Ernst and Young.
Ernst and Young,...
Business suffers because of strikes
Pre-Christmas strikes by railway workers will cost the UK hospitality industry £1.5 billion, comparable to last year's business losses due to the coronavirus pandemic, The ...
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