The hedge fund manager Crispin Odey is facing a £1.8m fine and a ban from the financial services industry in the UK following a ruling by the City regulator. The Financial Conduct Authority’s (FCA) pr...
A delivery driver who needed skin grafts after being burned when a hot tea from Starbucks spilled into his lap has been awarded $50m (£38.6m) in damages. Michael Garcia suffered third-degree burns to ...
Thames Water has staved off effective government ownership after an unsuccessful legal challenge to its financial restructuring. The Court of Appeal has ruled in favour of a £3bn loan intended to temp...
Global economic growth has been downgraded by the Organisation for Economic Co-operation and Development (OECD) – as the impact of US President Donald Trump’s tariffs becomes apparent. Major economies...
Proposals to freeze some disability benefits are reportedly being scrapped after concerns from Labour politicians about the scale of planned welfare cuts. The work and pensions secretary had been und...
OakNorth, the British-based digital bank, will this week unveil a milestone US deal that will pave the way for it to launch a significant expansion on the other side of the Atlantic. Sky News has lear...
English rugby union’s top teams and the sport’s private equity backer are in advanced talks to fund a multimillion pound loan to Newcastle Falcons to help it meet financial criteria allowing it to pla...
Rats and other rodents are posing a “huge” public health risk amid the ongoing bin strikes in Birmingham, a pest control expert has warned. The rodents are said to be flourishing on the “banquet” of r...
Howden, the British insurance broker, is closing in on a $10bn (£7.7bn) takeover of a US-based rival that will pave the way for an eventual stock market flotation that could value it at in excess of $...
Tesla, run by Donald Trump cheerleader Elon Musk, has warned US officials it risks being exposed to “disproportionate” retaliatory tariffs under the president’s escalating trade war. The electric carm...
Since the turn of the year the chancellor Rachel Reeves has had a single priority, repeated loud and clear at every opportunity; growth. It was a battle cry repeated from Beijing to Cape Town via Davo...