UK Business News

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The Story of Leslie Payne: From Businessman to Crime Collaborator

The Story of Leslie Payne: From Businessman to Crime Collaborator

Kris Paterson

Leslie Payne served as the Kray twins business manager in London in the 1950s and 1960s.

BAE Systems To Create 300 Jobs At Rochester Site

BAE Systems To Create 300 Jobs At Rochester Site

Hugh Fort

BAE Systems has announced a massive upgrade to its facility in Rochester, creating 300 new jobs. The £220 million investment ...

Santander To Cut Over 1,400 UK Jobs To Save Money

Santander To Cut Over 1,400 UK Jobs To Save Money

Hugh Fort

Santander is cutting more than 1,400 jobs across its UK division this year to reduce costs and streamline operations. The ...

Wise CEO Fined £350,000 for Failing to Inform FCA About Tax Default

Wise CEO Fined £350,000 For Failing To Tell FCA About Tax Default

Nagasunder

The Financial Conduct Authority (FCA) has fined Kristo Käärmann, the CEO and co-founder of money transfer service Wise, £350,000 for ...

UK's CMA Takes Legal Action Against Emma Group

UK’s CMA Takes Legal Action Against Emma Group

Nagasunder

The UK’s Competition and Markets Authority (CMA) has started legal action against mattress retailer Emma Group over allegations of harmful ...

AstraZeneca Warns UK of Potential Job Cuts Over Proposed Biodiversity Drug Levy

AstraZeneca Warns UK of Potential Job Cuts Over Proposed Biodiversity Drug Levy

Nagasunder

AstraZeneca has reportedly raised the possibility of UK job cuts if the British government enforces a global levy targeting pharmaceutical ...

Arm Cancels Qualcomm’s Chip Design License Escalating Legal Dispute

Arm Cancels Qualcomm’s Chip Design License

Nagasunder

Arm Holdings Plc has terminated a crucial license that allowed its longtime partner, Qualcomm Inc., to design custom chips using ...

AllSaints Names Liam Price as New Global Ecommerce Director

AllSaints Names Liam Price as New Global Ecommerce Director

Nagasunder

AllSaints has appointed Liam Price as its new Global E-commerce director, bringing in the experienced digital leader from fashion retailer ...

£1.1 Billion Investment At London Stansted To Create Over 5,000 Jobs

£1.1 Billion Investment At London Stansted Airport To Create Over 5,000 Jobs

Hugh Fort

More than 5,000 new jobs will be created at London Stansted Airport as part of a £1.1 billion investment over ...

Asda Brings in New Senior Leaders from M&S and Tesco to Drive 2025 Growth Ambitions

Asda Brings In New Senior Leaders From M&S And Tesco

Nagasunder

Asda has announced two new senior appointments as part of its strategic efforts to drive growth in 2025. The supermarket ...

N Brown to Cut 100 Head Office Jobs as Alliance Family Prepares Buyout

N Brown To Cut 100 Head Office Jobs

Nagasunder

N Brown Group, the owner of fashion brands like Jacamo and Simply Be, is planning to lay off more than ...

Government Speeds Up ‘Skills Passport’ For Workers To Move To Clean Energy Jobs

Government Speeds Up ‘Skills Passport’ For Workers To Move To Clean Energy Jobs

Nagasunder

The UK Government has accelerated the introduction of a “skills passport” to facilitate oil and gas workers transitioning into the ...

Wren Kitchens Owner Cuts 1,000 Jobs Amidst Profit Decline

Wren Kitchens Owner Cuts 1000 Jobs Amidst Profit Decline

Hugh Fort

West Retail Group, the parent company of Wren Kitchens, has reported a significant profit slump and announced the reduction of ...

Pay Growth in Great Britain Falls Below 5 Percent for First Time

Pay Growth in Great Britain Falls Below 5 Percent for First Time

Hugh Fort

Pay growth in Great Britain has dipped below 5 percent for the first time in more than two years, suggesting ...

Frasers Group Sports MD Ger Wright to Step Down in November

Frasers Group Sports MD Ger Wright to Step Down in November

Hugh Fort

Frasers Group has announced that Ger Wright, the current Managing Director of Sports, will leave her role at the end ...

New HSBC CEO Plans $300 Million in Cost Cuts

New HSBC CEO Plans $300 Million in Cost Cuts

Hugh Fort

HSBC’s newly appointed CEO, Georges Elhedery, is reportedly preparing to cut the jobs of some of the bank’s most expensive ...

UK Government Announces New Employment Rights Bill

UK Government Announces New Employment Rights Bill

Hugh Fort

The UK government is preparing to unveil an ambitious Employment Rights Bill that promises to transform workers’ protections and redefine ...

TGI Fridays UK Nears Rescue Deal to Save Over 2,000 Jobs

TGI Fridays UK Nears Rescue Deal to Save Over 2,000 Jobs

Nagasunder

The UK branch of the popular American restaurant chain TGI Fridays is reportedly close to securing a rescue deal that ...

JCB Cuts 230 Jobs Amid Global Manufacturing Slowdown

JCB Cuts 230 Jobs Amid Global Manufacturing Slowdown

Nagasunder

JCB, one of the UK’s largest construction equipment manufacturers, has recently reduced its workforce by approximately 230 employees due to ...

Amazon Risks Lawsuit Over Frozen Seller Funds Over VAT Dispute

Amazon Risks Lawsuit Over Frozen Seller Funds

Nagasunder

Amazon could face legal action from hundreds of sellers due to frozen funds linked to VAT status verification issues.  Rosenblatt, ...