CBI settles legal action brought by ousted chief Tony Danker February 5, 2024 The Confederation of British Industry (CBI) has settled a legal case brought by its former director-general, Tony Danker, after he was dismissed last year following complaints about workplace misconduct.
British Business Bank working on plan to launch new £600m fund for UK startups February 5, 2024 The British Business Bank is set to invest hundreds of millions annually worth of pension savings into UK growth companies.
Kylie Jenner Instagram post helps drive sales at Kurt Geiger as fans buy ‘affordable’ £270 bag February 5, 2024 Billionaire Jenner, who has 400 million followers on Instagram, posted an image of herself posing with a £270 handbag made by the brand
Shares in British radiation detection firm Kromek jump following funding from Horizon Europe scheme February 5, 2024 Radiation detection firm Kromek has won government funding to develop its new product which can rapidly detect irregular radiation sources.
Unemployment lower than previously thought according to ONS following revamp of data collection February 5, 2024 The ONS has been forced to improve the accuracy of its flagship Labour Force Survey after falling response rates raised questions about the accuracy of the data.
Naked Wines appoints new boss as retailer struggles for survival February 5, 2024 Loss-making Naked Wines has named its new chief executive four months after its former boss Nick Devlin was ousted amid a challenging period for the company.
Santander and Lloyds reportedly helped Iran-backed oil firms evade UK sanctions February 5, 2024 The Financial Times reported that both Lloyds and Santander provided accounts to British front companies owned by Petrochemical Commercial Company (PCC).
CMC Markets: Upgraded guidance remains but firm to shed 200 jobs February 5, 2024 The platform issued an update to markets this morning about a bid to "drive efficiencies and control costs", by cutting around 17 per cent of its headcount.
Vodafone: Turnaround gets harder after another miserable quarter in Europe February 5, 2024 Vodafone has said its total revenue shrank by over two per cent in its third quarter due to contractions in Italy and Spain.
Revolution Beauty: Former boss to pay £3m to draw line under finance scandal February 5, 2024 The founder and former chief of Revolution Beauty will have to pay close to £3m to the scandal stricken makeup brand to settle allegations he breached fiduciary duties to the company. Adam Minto, who stepped down as head of the brand two years ago, will have to hand over £2.9m, according to an update by [...]
