McLaren has received another £30m from its Bahraini owners as it works to secure its long-term future amid ongoing cash issues. Mumtalakat, the Bahrainian sovereign wealth fund and McLaren’s largest …
Financial Planning
Six Nations takeaways: Borthball, Gatland and Cardiff surrender?
It’s back and it is surprising us more than ever. The opening round of the Six Nations had a bit of everything; it saw the favourites beaten, it saw the …
Novo Nordisk boss ‘surprised’ by European demand for weight-loss drugs
Novo Nordisk has found a “very high willingness” among Europeans to pay for weight-loss drugs, the Danish drugmaker’s chief executive has said. In an interview with the Financial Times, Lars …
Tourist tax under review ahead of Spring Budget
The so-called ‘tourist tax’ is under review ahead of the Spring Budget, indicating the Treasury could be set to ditch the policy in a boost for Britain’s retail sector. Office …
Hipgnosis boss accused of stealing the idea for the company
The music magnate boss of Hipgnosis Songs Management (HSM) is facing allegations that he stole the idea for his company. A lawsuit was filed against Merck Mercuriadis last year, accusing …
Labour considers watering down plans for a private equity tax raid
Labour could be preparing to water down plans for a private equity tax raid over fears it may put off potential investors. Party insiders have discussed the possibility of weakening …
Biden’s liquified natural gas halt sparks outcry from energy giants
The US President’s pause on pending and future permits to export liquefied natural gas (LNG) to non-Free Trade Agreement countries is facing backlash from some of the world’s biggest energy …
Anderson cites India nerves as England look to achieve record chase
England bowler James Anderson accused India of being hit by an attack of “nerves” as England bowled out the hosts in Visakhapatnam. Anderson and the rest of the England bowling …
Zuber Issa exploring £500m sale of Asda stake in split with brother
One of the billionaire Issa brothers, who together co-own Asda alongside a private equity firm, is reportedly trying to offload his stake in the supermarket as it grapples with a …
Stop Red Sea attacks, foreign secretary tells Houthis after latest UK-US air strikes
The Foreign Secretary has implored the Houthis to stop their “reckless” attacks on international shipping in the Red Sea following the latest UK-US air strikes. Lord Cameron said the third …