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Lloyd’s of London Faces $2.3bn Loss from California Wildfires

Lloyd’s of London expects to absorb $2.3bn (£1.78bn) in losses from the devastating California wildfires that struck Los Angeles earlier this year. However, fine...

Manchester United Unveils Plans for UK’s Largest Stadium

Manchester United has announced plans to construct a £2 billion, 100,000-seat stadium near Old Trafford, making it the largest football ground in the United...

Tribunal Rules Desk Assignment Led to Constructive Dismissal

A senior employee forced to sit at a desk associated with a junior role was unfairly dismissed, an employment tribunal has ruled. The decision...

Legal Battle Over Costly Thames Water Loan Heads to Appeal

Environmental activists are challenging the approval of a £3 billion high-interest loan to Thames Water. They argue that the "costly short-term fix" is not...

Two Buyers Remain in WH Smith High Street Sale Race

Only two buyers remain in the competition to acquire WH Smith’s struggling high street division, as the retailer moves closer to a sale. Restructuring...

Councils Gain More Power to Seize Land for Affordable Housing

Local councils and mayors will soon have greater authority to seize land for affordable housing under the Labour government’s new planning reforms. The upcoming...

Payment Giants Linked to Illegal Gambling Scams in the UK

Mastercard and Visa are under scrutiny for processing payments on illegal gambling websites that have scammed UK customers out of thousands of pounds. Despite...

Europe Shifts to Military Keynesianism, but Britain Stays Cautious

During the 2008 financial crisis, economist Robert Lucas quipped, “I guess everyone is a Keynesian in a foxhole.” Today, Europe is proving that idea...

Millions in Fines to Clean Up Polluted Rivers Across the Country

Millions of pounds collected from fines on water companies will now fund projects to clean up polluted rivers. This move comes after concerns that...

UK Plans Tax Relief for Oil Sector While Banning New Drilling Licences

The UK government has introduced proposals to ease the tax burden on offshore oil and gas companies while confirming a ban on new drilling...

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