May 2024

Scandal-hit housing fund Home REIT has begun suing its own tenants in a bid to restore its rental income as a group of shareholders progress with their own legal action …

Cambridge-based video game publisher Frontier Developments has raised its full-year earnings guidance after reporting a strong sales across its portfolio and lower operating costs as it looks to bounce back …

A British artificial intelligence (AI) startup that is creating autonomous systems for vehicles has secured over $1bn (£800m) in backing, in what is the UK’s largest ever AI fundraise. Wayve …

Gaming-focused media company Guild, co-owned by David Beckham, has joined the Esports World Cup (EWC) Club Program. Not to be confused with the Cup itself, The EWC Program—announced yesterday—is designed …

The Coventry Building Society Arena lost more than £4m in the first six months after being acquired by Mike Ashley, it has been revealed. The billionaire retail tycoon took over …

NHS outsourcer Totally has warned of “unforeseen pressure” on its services after it initiated a restructuring to manage growing costs. Higher than anticipated agency staff costs and delays to the …

Three firms, including PwC and Ernst & Young (EY), have been handed multimillion-pound fines by the accounting watchdog for their audits of London Capital & Finance (LCF), a minibonds firm …

Banco Sabadell, the Spanish owner of British high street bank TSB, has rejected a €12bn (£10.3bn) all-share merger proposal from its bigger domestic rival Banco Bilbao Vizcaya Argentaria (BBVA). Sabadell, …

BP has reported a drop in profit for the first quarter of the year and higher net debt amid lower oil prices. The UK oil major reported underlying replacement cost …

Hybrid work specialist IWG has said it is on track to meet full-year profit and debt reduction forecasts, after it cautioned over rising costs in March. The Wework rival posted …