English champions Saracens have named former Burnley FC chief Mark Thompson as their new CEO after Lucy Wray announced her surprise departure from the club. Wray, the daughter of former …
Estate Planning
EY is latest to start monitoring attendance of UK employees
EY has become the latest to monitor its UK employees’ office attendance in order to see if staff are aligned with its hybrid working guidelines. According to the Financial Times, …
Elon Musk’s X blocks searches for Taylor Swift after deepfakes cause fan uproar
Elon Musk’s social media platform X has barred searches for Taylor Swift following the spread of AI-generated explicit images of the pop star on the site. Attempted searches for “Taylor …
Another UK snub: Cambridge spin-out eyes New York IPO as unicorn status beckons
Life sciences startup Nuclera has said it is eyeing up a public listing in New York in the next five years as it approaches unicorn status. The Cambridge university spin-out …
Yemen’s Houthi Red Sea attacks and fresh Jordan violence weigh on oil as Middle East unease widens
Oil prices have fallen today amidst a brief detente from the surge seen over the weekend following various attacks across the Middle East. Brent crude futures dipped 46 cents to …
Evergrande: Hong Kong court orders China property developer to liquidate
A Hong Kong court on Monday ordered property developer China Evergrande Group to liquidate after it was unable to reach a restructuring deal with creditors. Judge Linda Chan said it …
Superdry restructure could mean store closures and job losses
Embattled British retailer Superdry is plotting a major restructuring which could see stores closed and jobs cuts after reporting weak sales. Over the weekend, Sky News reported that the firm …
BP faces City pressure to ditch £24bn clean energy investments for shareholders
A leading London activist investor group is pressuring oil giant BP to ditch renewable energy and maintain its fossil fuel operations for shareholders, reports suggest. The Financial Times this morning …
Manufacturer Chill hits back Sunak plans to ban disposable vapes
Vape and CBD products manufacturer Chill Brands Group has said its existing vape products are excluded from government plans to ban disposable vapes, set to be announced this morning. Chill …
Ukrainian court confirms £98m lawsuit against London-listed Ferrexpo billionaire
The Ukrainian government is pursuing an embezzlement case against a Ukrainian billionaire by suing him through a subsidiary of his London-listed company. Kostyantyn Zhevago, who controls FTSE 250-listed iron pellet …