London (Parliament News) – UK retailers, led by Bira, file £1bn claim against Amazon, accusing it of using vendor data to launch rival products and manipulating access to the “buy box,” harming independent sellers. Amazon denies allegations. Independent UK retailers have undertaken
London (Parliament News) – Investors in Boohoo are seeking over £100m in damages after revelations of labour abuses in 2020 led to a share price plummet. Boohoo contests the allegations, sparking a landmark legal battle. A group of investors in Boohoo are
London (Parliament News) – Whistleblowers allege Standard Chartered processed billions in illegal transactions for Iran-linked entities and terrorist groups. They claim forensic data analysis uncovered hidden transactions, prompting a motion to revive their case in court. Whistleblowers have asserted Standard Chartered allegedly
Leaders from the United States, Argentina, Austria, Brazil, Bulgaria, Canada, Colombia, Denmark, France, Germany, Poland, Portugal, Romania, Serbia, Spain, Thailand, and the United Kingdom have issued a joint statement expressing their deep concern regarding the hostages held by Hamas in Gaza, which
London (Parliament News) – DS Smith’s CEO urges UK election winner to enforce stricter plastic packaging rules and promote green consumption. The company has already replaced over 1 billion plastic pieces ahead of schedule. Whoever succeeds in the UK general election must
London (Parliament News) – Shareholders of Royal Mail and Anglo-American face takeover deadlines, potentially leading to foreign ownership. Czech billionaire Křetínský targets Royal Mail, while Australia’s BHP pursues Anglo-American. Shareholders in Royal Mail’s proprietor and the mining group Anglo American are awaiting
London (Parliament News) – Research reveals that Britain’s brick imports are surging, with each brick’s carbon footprint growing. The UK leads in imports, raising concerns over emissions and sustainability. Britain is importing more of its bricks than ever and the carbon expense
London (Parliament News) – Britain’s interest rates may drop this summer, as the Bank of England considers a decrease due to decreased inflation. Analysts debate whether inflation will rebound, with some foreseeing a rate cut as early as June. Britain’s interest rates
London (Parliament News) – Marks & Spencer is expected to announce a 35% rise in annual profits, reaching £653 million, driven by strong sales in food, clothing, and home sectors. The retailer’s turnaround includes cost-cutting, store closures, and resumed dividends. High street
London (Parliament News) – UK engineering firm Arup lost HK$200m (£20m) to criminals via deepfake video call. The employee was deceived into transferring funds. Arup confirmed financial stability remains intact. Hong Kong police investigation ongoing. The UK engineering company Arup has affirmed
