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Business

John Lewis Focuses on Growth Over Bonuses for Third Year

The John Lewis Partnership has tripled its annual profits, yet workers will not receive a bonus for the third straight year. The company is...

UK Warns It ‘Won’t Hesitate to Respond’ to Trump’s Steel Tariffs as Trade Tensions Escalate

Business Secretary Jonathan Reynolds has warned that Britain will not hesitate to act in its national interest after former US President Donald Trump imposed...

UK Celebrates Female Business Leaders at Ramadan Ghabga, Honoring 250 Years of UK-Kuwait Trade Partnership.

In a remarkable celebration of women’s achievements, the British Embassy in Kuwait hosted its annual Ramadan Ghabga on Tuesday, with a focus on the...

Jes Staley Fights FCA Ban, Claims Reputation Under Attack

Former Barclays chief executive Jes Staley has accused the UK’s financial regulator of trying to destroy his decades-long career. He argued that the Financial...

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...

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