An IT glitch that stopped Greggs from using its card machines wiped more than half-a-per cent off the company’s value today, equivalent to the cost of 13 million sausage rolls. …
Personal Finance
Biggest Bitcoin fraud in UK history as ex-takeaway worker convicted in £2bn scam
Britain’s biggest Bitcoin scam case has resulted in the prosecution of a former takeaway worker, who illegally sat on £2bn worth of the crypto currency. A lavish multi-million pound house …
‘A crucial milestone’: EU sanctions decision paves way for Mazepin Formula 1 return
Russian driver Nikita Mazepin’s hopes of returning to Formula 1 have received a boost after he successfully overturned sanctions imposed by the European Union. Mazepin was sacked by F1 team …
Cancelled Phantom of the Opera helps Andrew Lloyd Webber’s empire return to profit
Lord Andrew Lloyd Webber’s entertainment empire returned to making a profit helped by a surge in ticket sales ahead of Phantom of the Opera closing on Broadway. London-headquartered The Really …
Gucci, Prada, and Burberry are no longer in Vogue as ‘richcession’ bruises luxury sales
A profit warning by the parent of luxury brand Gucci has reverberated across the global luxury goods sector, sending shares in both the firm and its peers tumbling. Shares in …
‘Action must be taken’: Mark Harper called on to strip Avanti West Coast of contract
The Government is to be called on to take the operation of the West Coast Main Line into public hands and terminate Avanti’s contract. At a board meeting of Transport …
Hundreds of jobs saved as firms owned by group hoping to emulate Warren Buffett sold out of administration
More than 400 jobs have been saved after a raft of companies across a manufacturing group were sold out of administration. Interpath Advisory was appointed to oversee the process at …
Barclays, Santander, Natwest and Lloyds bosses warn of rising fraud threat from social media
Bosses from the UK’s biggest high street banks have told MPs that social media companies could do more to prevent the increasing amount of fraud originating on their platforms. UK …
Will the US government’s ballooning fiscal deficit put the Federal Reserve’s independence at risk?
The independence of the US Federal Reserve may come under threat from ballooning government deficits, according to a leading analyst. Liberum’s Joachim Klement argued the Federal Reserve may have to …
Jeremy Hunt suggests the state pension triple lock is unsustainable. Is it?
Jeremy Hunt has suggested the state pension triple lock may be on the way out. The chancellor made the comments yesterday in front of the House of Lords Economic Affairs …