Pride Organisers Facing Severe Financial Crisis in Movement’s History
The company behind London’s Pride parade recorded a £120,726 loss in 2024, as shown in the latest accounts. The entity responsible for organizing the annual LGBT+ event in the capital…
Abu Dhabi steel group eyes takeover of Gupta’s UK empire
A UAE-based steel company has made an approach to buy Britain’s third-biggest steel producer, months after it was declared «hopelessly insolvent» and fell into the hands of the Official Receiver.…
Taxpayer money spent on Great British Railways rebrand exceeds £30,000
The content has been rewritten to maintain the SEO structure and link types exactly as they appear in the original text. The information provided has been expanded upon to ensure…
Next partners with Retail Realisation in pursuit of Russell & Bromley
Next has partnered with a stock clearance specialist in its pursuit of acquiring the family-owned shoe retailer Russell & Bromley. Sky News has reported that the FTSE-100 retailer is collaborating…
RAC owners prepare for £5bn sale or stock market float
The owners of the RAC are gearing up to launch a process that is anticipated to result in a £5bn sale or stock market listing of the breakdown recovery service…
Very Group plans £2bn sale after change in ownership
The owner of The Very Group, one of Britain’s biggest online shopping platforms, is set to launch a £2bn auction of the company just months after taking control. Sky News…
Reviving Venezuela’s oil industry: challenges for Trump
Oil sits at the heart of Donald Trump’s Venezuelan gamble. Within a day of the US operation which ousted President Nicolas Maduro, Trump made his top priority clear: reviving the…
Glencore and Rio Tinto in talks for potential merger
Glencore is in talks with rival Rio Tinto that could lead to merger and the creation of the world’s largest mining firm. Glencore issued a statement to the market soon…
Tesco reports busiest ever days over Christmas
The UK’s largest supermarket chain had its busiest days ever over Christmas, reporting «strong» growth thanks to sales of fresh food as customers sought to eat more healthily. Tesco’s busiest…
Aviva-backed Truespeed in merger talks with Freedom Fibre
A fiber broadband network provider backed by an arm of Aviva, the FTSE-100 insurer, is in merger talks with a rival amid growing financial pressure on the heavily indebted industry.…