The Serious Fraud Office (SFO) has charged five former Glencore employees over allegations of conspiring to make corrupt payments in order to benefit mining giant Glencore’s oil operations in West …
Investing
Captain Kerr ready for 1500m battle with Ingebrigtsen in Paris
Josh Kerr is blocking out the noise as he begins his bid to compete in what he believes will be “one of the best 1500m races of all time” against …
Bank of England right to be cautious after cutting interest rates
At long last the Bank of England has cut interest rates, but investors should not convince themselves that multiple interest rate cuts are now on the way. The decision to …
Bolt drivers to be guaranteed national living wage while remaining self-employed
Bolt has launched a scheme that will guarantee its drivers are paid the national living wage in the UK despite remaining independent contractors. Should a driver’s earnings, excluding tips, come …
FTSE 100: London stocks jump and pound slides after Bank of England cuts interest rates
London stocks jumped this afternoon and the pound hit a one month low after the Bank of England moved to scale back interest rates from a 16-year high at its …
How Bill Ackman’s $25bn Pershing Square IPO collapsed
Bill Ackman’s plans for the largest ever trust IPO in US history, a $25bn float of closed-end fund Pershing Square US, are no more. The billionaire hedge fund manager admitted …
Bank of England: UK growth forecasts get upgraded – but momentum still weak
The Bank of England has bumped up its growth forecasts for the UK economy this year but warned that underlying momentum still remains weak. Gross domestic product (GDP) is expected …
Employees take six sick days a year to care for loved ones
More than half (51 per cent) of the UK workforce say their career has been impacted by taking on responsibility for different generations of their family’s health and wellbeing, including …
Center Parcs: Holiday giant’s profit hit as consumers tighten the purse strings
Holiday park operator Center Parcs has seen a sharp fall in its pre-tax profit as “lower levels of disposable income” eroded consumer spending, according to newly-filed documents. Revenue at Center …
Hedge fund owner GB News shareholder Sir Paul Marshall poised to snap up The Spectator
The hedge fund magnate and GB News shareholder Sir Paul Marshall is is close to securing a deal to buy The Spectator, one of Britain’s top political magazines. According to …