Creditors in Lunaz, the electric vehicle company backed by David Beckham, are set to lose out on almost £20m after the business entered administration. According to a new document filed with …
Estate Planning
Pig farms, poultry and houmous: Cranswick profit rises after meaty investments pay off
Full-year profits at food producer Cranswick rose nearly a quarter to £176.6m as a string of investments in houmous, poultry and pig farming facilities paid off. The firm, headquartered in …
Double-digit growth for Begbies Traynor as business recovery booms
Professional services restructuring specialist Begbies Traynor has said it would report a double-digit revenue boost this year thanks to the economic recovery. It said revenue is expected to jump by …
Copper Box to host GB Basketball fixtures ahead of Paris 2024 Olympics
Great Britain will host a pair of basketball internationals in July as the sport prepares for the Paris 2024 Olympics in the summer. The GB Basketball men’s team will take …
Shoe Zone shares slump as store revenue continues to decline
Shares in affordable footwear company Shoe Zone slumped by over nine per cent in early trade as the business failed to shake the hangover from its profit warning two months …
Watkin Jones returns to profit after successful business restructure
Property developer Watkin Jones returned to profit in the first half of the year after a successful business restructure following a year of losses. In an update to investors today, …
Donald Trump’s Truth Social craters to $300m loss amid market manipulation claims
Trump Media and Technology Group (TMTG), owner of Donald Trump’s social media platform Truth Social, reported losses of over $300m (£236m) in the first quarter of 2024. The former US …
Clarification: Unicoin
We have removed the May 15, 2024, story entitled “SEC’s priorities go haywire as they register ‘Unicoin’ scam whilst suing Uniswap” because we have learned that several of its factual assumptions, implications, …
Wall Street titan Jamie Dimon eyes stepping away from JP Morgan
Jamie Dimon, arguably the single most significant figure in global finance, gave his clearest indication yet that he is thinking about stepping down from JP Morgan. Dimon has previously brushed …
Kingfisher: B&Q owner holds guidance despite weak ‘big-ticket’ sales
B&Q owner Kingfisher has held its guidance for the year, as the firm posted improving sales in its UK and Ireland market despite a decline in ‘big-ticket’ sales. The home …