Channel 4 is reportedly preparing to slash nearly 250 roles, over 15 per cent of its workforce, marking the largest cut in its history. Earlier this month the state owned …
Investing
Shipowners and traders gear up for legal clashes over Red Sea conflict
The shipping industry is gearing up for legal clashes over who is liable for the growing risk of transiting through the Red Sea at a time of heightened security fears. …
Great England win in India an ode to Bazball revolution of Test cricket
To the Ben Stokes cynics, Brendon McCullum moaners and the Bazball beraters, what have you got to say for yourselves now? England have done a job on India, in India, …
Government hits back at reports HS2 first-class seats will be ditched
The government has denied reports that officials working on the embattled High Speed 2 project are considering scrapping first class seats in a bid to solve passenger capacity issues. Prime …
Fujitsu ‘certainly’ expected to pay compensation to victims in Post Office scandal, minister says
Fujitsu, the firm behind the Horizon software at the heart of the Post Office scandal, is “certainly” expected to pay out compensation, a government minister has said. Business secretary Kemi …
John Lewis plans to cut 11,000 jobs after halving redundancy pay
John Lewis Partnership is reportedly planning to axe 11,000 jobs over the next five years after slashing its redundancy pay for employees. At least 10 per cent of the company’s …
Richard Caring kicks off £1bn Ivy restaurant group auction
Billionaire restaurateur Richard Caring has reportedly launched an auction starting at £1bn for his share in The Ivy and its sister restaurants. HSBC has started distributing marketing materials to potential …
Amanda Staveley mounts fresh legal action against Barclays over 2008 Qatari rescue
Dealmaker and co-owner of Newcastle United Amanda Staveley has mounted new legal case against Barclays over a rescue deal the bank made with Qatar during the financial crisis. Funds tied …
EY quits as Asda’s auditor amid criticism of Issa brothers
Big Four accountant EY quit as Asda’s auditor last summer in yet another blow to its embattled co-owner EG Group, led by brothers Moshin and Zuber Issa. EY notified the …
Jannik Sinner pays tribute to parents after spectacular maiden Grand Slam win
Jannik Sinner thanked his parents for letting him choose tennis over skiing and football after coming from two sets down to win his first Grand Slam title at the Australian …