Petrofac shares sink after former executive pleads guilty to $30m Abu Dhabi contracts bribe January 15, 2021 Shares in Petrofac are down 20 per cent today after its former global head of sales pleaded guilty to further bribery charges. David Lufkin pleaded guilty in Westminster Magnistrates Court to another three counts of bribery in charges brought aginst him by the Serious Fraud Office (SFO). Lufkin offered and paid bribes of around $30m [...]
AA shareholders approve £218m takeover by private equity firms January 14, 2021 The AA shareholders today approved the takeover deal
Middle-aged Brits look ahead to post-Covid holidays after over-50s get vaccine, says Tui January 14, 2021 FTSE-listed travel giant Tui said it has seen a jump in holiday bookings from those aged over 50 in the UK, which it hasn't seen since the Covid-19 pandemic struck
Virgin Atlantic part-owner Delta posts $12bn loss for 2020 — and is still burning $12m in cash a day January 14, 2021 Delta Airlines, which owns a 49 per cent stake in Virgin Atlantic, has posted an eye-watering $12bn (£8.77bn) loss for 2020.
Technology companies dominate list of best places to work in the UK January 13, 2021 Here's the list of best places to work in the UK, and these tech firms dominate
Billionaire Las Vegas casino baron and Trump donor Sheldon Adelson dead at 87 January 12, 2021 Sheldon Adelson, who founded and ran Las Vegas Sands, the world’s largest gambling companyn since 1988 has died aged 87.
Bank of England bosses reassess 2021 GDP and jobs numbers as UK economy faces ‘darkest hour’ January 12, 2021 Bank of England boss Andrew Bailey and his deputy Ben Broadbent have today both signalled the effects of the UK’s third Covid-19 lockdown. In separate speeches, Bailey and Broadbent spoke on the impact of the current nationwide lockdown, the furlough extension and consumer behaviour. The UK economy was facing its “darkest hour”, but Bailey also [...]
Cruise ship operator and Diamond Princess owner Carnival posts $2bn loss January 11, 2021 Cruise ship operator and Diamond Princess owner Carnival posts $2bn loss
New year, same lockdown: UK shopping trips fall 27 per cent in first week of January January 11, 2021 New year, same lockdown: UK shopper numbers fall 27 per cent in first week of January
Landlords won’t be able to evict tenants as Robert Jenrick extends ban on bailiffs January 8, 2021 The ban on evicting tenants in England and Wales has been extended by Communities Secretary Robert Jenrick today.
