Swiss authorities order Glencore to pay £119m over to resolve bribery probe August 5, 2024 Energy giants have been ordered by the Swiss authorities to pay a fine and compensation totalling around £119m, in regards to the bribery of a Congolese public official by its business partner in 2011
UK riots: Keir Starmer to ‘ramp up’ criminal justice after emergency Cobra August 5, 2024 Sir Keir Starmer has promised to “ramp up criminal justice” in response to violent riots across the UK in the wake of the Southport knife attack. It comes after the Prime Minister convened an emergency Cobra meeting after tensions saw police clash with crowds this weekend. Escalating violence continued in cities throughout the country in [...]
Twickenham rugby ground becomes Allianz Stadium after deal struck with firm August 5, 2024 The home of English rugby Twickenham will now be known as Allianz Stadium after the Rugby Football Union and the insurance and asset management giant finalised a new partnership. Under the new deal there would be further investment into English rugby, alongside the stadium naming rights being sold. Twickenham Stadium has used its namesake for [...]
‘Uncomfortable reading’: UK tech growth drags as number of new companies falls by 11 per cent August 5, 2024 The capital registered 6,170 new tech companies in the second quarter of 2024, down from 7,253 in the first quarter and a slight one per cent decline from the same period last year.
Wife of ‘McMafia banker’ agrees to forfeit golf club and Knightsbridge mansion August 5, 2024 The wife of convicted fraudster Jahangir Hajiyev has agreed to forfeit a mansion in Knightsbridge worth approximately £14m and a a golf club in Ascot, following a lengthy investigation by the National Crime Agency.
European airline results make for ‘depressing reading’, says Air Astana boss August 5, 2024 Air Astana on Monday reported record passenger half-year passenger numbers, driven by unexpectedly high demand from China.
Rachel Reeves to ‘bang drum for Britain’ on North America investment drive August 5, 2024 Rachel Reeves is set to “bang the drum for Britain abroad” as she jets to the United States and Canada in a bid to attract inward investment and confirm the UK is open for business.
Will the Rolls-Royce share price continue to defy gravity? August 5, 2024 Rolls-Royce has been the talk of the FTSE 100 over the last year. Will the share price rally ever end? (Yes, but not yet).
Losses from in-store retail fraud rise 2,000 per cent in 2024 August 5, 2024 Reports of in-store retail fraud rose by 545 per cent in the first six months of 2024 compared to 2023, while losses rose an estimated 2,000 per cent, according to new data. Figures from the NFIB Fraud and Cyber Crime Dashboard showed that in-store losses widened from £258,000 in 2023 to £5.4m in 2024. The [...]
US recession fears ease but markets remain firmly in the red August 5, 2024 US stocks cratered on Monday as the prospect of a recession in the world's largest economy spooked investors across the globe and tech giants were hit by a mass sell-off.