The owner of London Southend Airport has proposed a settlement agreement over demands to repay a £194m loan early. Shares in Esken slumped by over 40 per cent last month…
UK banks have provided bank accounts to holding companies linked to a state-backed Iranian petrochemicals company which has been under western sanctions since 2018, according to reports. The Financial Times…
Loss-making Naked Wines has named its new chief executive four months after its former boss Nick Devlin stepped down amid a challenging period for the company. This morning, Rodrigo Maza,…
Artificial intelligence could be London’s next big industry, but only if we build the trust necessary to develop the tech, writes Michael Mainelli Despite AI already pervading so much of…
Companies are already using wasted heat from data centres in innovative ways, but we need government to get on board, writes Mark Bjornsgaard Google’s recent announcement that it has started…
The US giants Exxon and Chevron have reported their second-highest profits since David Cameron and Barack Obama were leading the free world. Across the pond, Shell also posted some rather…
Britain’s chip industry must get proactive about seeking investment opportunities and fostering skills, according to the UK’s tech minister, who co-chaired the fourth Semiconductor Advisory Panel (SAP) meeting last week.…
The UK government has been urged to do more to crack down on fraud after new data showed the number of high-value criminal cases reaching the courts has stayed flat despite a…
When we think of the winter transfer deadline day, minds hark back to Philippe Coutinho’s £142m move to Barcelona, Enzo Fernandez’s move to Chelsea and Virgil van Dijk’s shift from…
UK businesses are facing the second-highest level of “deepening” financial distress in Europe due to inflation and high interest rates. The Weil European Distress Index has shown failing profitability as…