Sanctioned Russian oligarch wins appeal in multibillion-dollar London divorce battle January 31, 2024 A sanctioned Russian oligarch will be able to hold on to his $20bn fortune for a little while longer after the Supreme Court today ruled against his ex-wife in a long-running divorce battle.
ULEZ: Khan under fire over scrappage scheme grant figures January 31, 2024 Sadiq Khan has been criticised by City Hall Conservatives after new figures showed the ULEZ scrappage scheme paid grants to less than half of applicants.
George Osborne joins Coinbase as crypto giant plots global expansion January 31, 2024 Former Chancellor George Osborne has joined Coinbase’s global advisory council, the firm announced today, as the multibillion-dollar cryptocurrency exchange eyes up international expansion.
IKEA to open new stores as UK profits more than double January 31, 2024 IKEA's UK profits more than doubled during its latest financial year as it sets it sights on opening new stores.
Central London Alliance calls on Treasury to reinstate tax-free shopping and generate an estimated £10 billion January 31, 2024 | City Talk Ahead of the budget announcement on 6 March 2024, Central London Alliance (CLA) has submitted a proposal calling for the Treasury to reinstate tax-free shopping in efforts to help the retail sector recover from post-pandemic challenges. CLA backs requests by the retailers to reintroduce the scheme allowing foreign visitors to the UK to shop tax-free. [...]
Universal to pull songs from TikTok while demanding protection from ‘harmful effects of AI’ January 31, 2024 Universal Music has said it plans to strip its extensive song library from TikTok amid payment negotiation breakdowns.
Oak Furnitureland slumps to £32m loss as rising costs bite January 31, 2024 Oak Furnitureland slumped to a loss of almost £32m during its latest financial year, newly-filed documents have revealed.
Samsung profits tumble 34 per cent after chip business hits rock bottom January 31, 2024 Samsung has reported a 34 per cent drop in operating profits in its four quarter and new lows for its chip business.
Santander UK rides out interest rate peak but expects further mortgage weakness January 31, 2024 High street lender Santander UK has reported a jump in annual profits as it rode out the end of an interest rate spike, while weakness continued in the mortgage market.
Shell hopes to reassure shareholders of green gains amid expected profit hit January 31, 2024 Of the two UK oil majors, Shell has been the quieter of late. Market discussions in recent weeks have largely revolved around BP’s former finance boss-turned chief executive Murray Auchincloss. Specifically, what his tenure could mean for a company that seems stuck between a rock and a hard place balancing shareholder returns with a demanding [...]