A deal has been agreed to sell the site of failed EV battery business Britishvolt in Northumberland to a US private equity giant. The site in Cambois, which was formerly …
April 2024
Former Blackburn Rovers footballer sues HSBC for £2m over loan negligence
Former professional footballer Matt Jansen has launched a legal challenge claiming banking giant HSBC lost him over £2m on property loan agreements during the 2008 financial crash. The claim was …
Uniqlo: Viral TikTok trend helps boost European sales past £1bn
Uniqlo’s sales across Europe surged past €1bn (£853m) thanks to one of its products going viral on TikTok, it has been revealed. The London-based arm of the Japanese retailer has …
Goldman Sachs beats expectations as investment bank shows signs of recovery
A nascent recovery in investment banking helped Goldman Sachs outperform expectations, with quarterly profit rising 28 per cent to $4.1bn in the first quarter of the year. Goldman reported revenue …
Health tech group to expand in UK amid booming private healthcare demand
Health Tech Solutions Group (HTS Group) is expanding its services in the UK as it looks to capture the nation’s booming private healthcare market. The provider of mobile and ‘at …
I spotted the last wild orangutans in Borneo – you can too
Borneo feels incredibly remote and untouched. Then there are the orangutans. By Siobhan Grogan I’m barely ten minutes’ walk from the hotel swimming pool when I spot my first tarantula. …
Revolut UK chief: New York threatening London’s ‘supremacy’ in fintech
London is at risk of losing its fintech “supremacy” to New York, the UK boss of Revolut has said, as the city boasts a plethora of top talent, and the …
Athletic Ventures: Private sector partners with UK Athletics to underwrite major events
UK Athletics has formed a pioneering joint venture with the organisers of the London Marathon and Great North Run that will see major events underwritten by the private sector. Athletic …
The campaign to divest from BP and Shell isn’t working. Here’s why
The campaign for institutional investors to divest from oil giants like BP and Shell hasn’t made any progress due to the way index providers dominate the market, a new study …
City grandee and Kingfisher chair Andrew Cosslett to step down after seven years
The City grandee chairman of the owner of B&Q will not stand for re-election, it was announced on Monday, a move which follows a string of profit warnings at the …