45 h. ago Activists accuse major bank of suppressing protest over controversial African oil pipeline

The 11 activists, who are still detained in prison, are the latest arrests of protesters against the East African Crude Oil Pipeline

Events

48 h. ago WeightWatchers given lifeline from bankruptcy...thanks to deal signed with fat jab firm

It comes as the weight loss company had been struggling under $1.6billion (£1.2billion) of debt after losing business to revolutionary weight loss drugs such as Ozempic and Wegovy.

Economics

2 d. ago I moved to Dubai after struggling to  get my business off the ground in the UK

Jason Kwao, from south London, and wife Sumekka Selliah-Kwao relocated to Dubai in December 2023, launching their own business in January 2024.

Politics

3 d. ago Wealthy businessman steps in to rescue the struggling firm he sold for £36m

The move could save hundreds of jobs at the firm that is behind the dualling of the Heads of the Valleys road

Economics

4 d. ago National Express owner’s UK revenue falls amid turnaround effort

Mobico recently recalled its former boss Phil White, as it attempts a ‘large scale, complex turnaround’ of its struggling UK coach and bus business.

Politics

6 d. ago Revealed: European ‘green’ investments hold billions in fossil fuel majors

Exclusive: Funds with names such as ‘Sustainable Global Stars’ have stakes in some of the world’s biggest pollutersEuropean “green” funds holding more than $33bn of investments in major oil and gas companies have been revealed by an investigation, despite fossil fuels being the root cause of the climate crisis. Some of these investment funds used branding such as Sustainable Global Stars and Europe Climate Pathway.Over $18bn was invested in the five biggest polluters: TotalEnergies, Shell, ExxonMobil, Chevron and BP. These topped a 2023 Carbon Majors ranking for oil and gas production among shareholder-owned firms. Other investments by funds following EU sustainable finance disclosure regulations (SFDR) included those in US fracking company Devon Energy and Canadian tar sands company Suncor, the investigation by Voxeurop and the Guardian found.A Legal & General Investment Management (LGIM) fund called Europe Climate Pathway had $88m invested in Shell, BP and TotalEnergies. In to...

Economics

6 d. ago Poundland to be sold off for £1 as budget business struggles to stay afloat

Thousands of jobs and hundreds of stores are at risk as bidders finalise takeover proposals for the iconic bargain brand, which has made a name for selling goods at rock-bottom prices

Economics

1 week ago Tom Kerridge shares financial struggles with business 'losing a lot of money'

Michelin-starred celebrity chef Tom Kerridge, who operates six sites, shared insights into the financial balancing act he faces when trying to keep his various businesses afloat

Economics

1 week ago Are viral food spots killing off actual restaurants? Hospitality boss complains influencers like Spudman and the Sidemen 'drain attention' from traditional businesses who struggle to compete

The food industry has proven to be a lucrative sidestep for various UK influencers, with the likes of Mr Beast and The Sidemen adding restaurants to their roster of businesses.

Society

2 w. ago Almost half of people ‘would struggle with bills if income suddenly lost’

Research by the Big Issue magazine found regional variations in the financial situation of people across the UK.

Politics

2 w. ago BP shares rise amid reports Shell considering takeover offer

The oil major saw its shares lift on Tuesday, following reports its biggest rival is weighing whether to launch a takeover bid.

Politics

2 w. ago Shell reportedly weighing up merits of making move to buy BP

Such a takeover would be one of biggest deals ever in oil and gas industryShell is talking to advisers about the potential for a takeover of the rival oil producer BP, according to reports.The oil major has been discussing the feasibility and merits of a takeover of BP with its advisers in recent weeks, according to a report from Bloomberg, which cited people familiar with the matter. Continue reading...

Politics

3 w. ago BP profits halve as oil major struggles to turn around business

FTSE 100 group plans to sell at least $3bn-$4bn of assets this year as it seeks to reduce debts

Economics

4 w. ago A top Goldman Sachs banker is moving from London to Milan as the City struggles to maintain its stature

A top Goldman Sachs banker is moving from London to Milan as the City struggles to maintain its stature  Business Insider

Politics

4 w. ago A top Goldman Sachs banker is moving to Milan as London struggles to maintain its stature

A top Goldman Sachs banker is moving to Milan as London struggles to maintain its stature  Business Insider

Politics

4 w. ago Public affairs firms in Europe enable pollution by lobbying for big oil, says analysis

Exclusive: EU Transparency Register shows law firms also among lobbyists working for fossil fuel companiesA handful of “small but dirty” public affairs and law firms in Europe are enabling pollution by lobbying extensively for big oil, an analysis has found, with most major companies in the industry working for at least one fossil fuel client.Several of the top spenders on activities to influence EU policymaking are on the payroll of oil and gas companies, according to an analysis of the EU Transparency Register by the Good Lobby nonprofit, but fossil fuel clients represent just 1% of the industry’s revenue. Continue reading...

Politics