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
The proposed VAT hike has sparked widespread concern among parents and educators alike. Critics argue that the increase in fees could lead to a decline in the number of students attending private schools, as more families may be priced out of the
Recent court documents in the U.S. have brought serious allegations against Standard Chartered, one of the largest banks in the UK. The bank is accused of facilitating billions of dollars in transactions that allegedly funded terrorist organizations, raising significant concerns about compliance
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
In recent months, UK mortgage holders have faced significant financial pressures as rising costs continue to impact household budgets. The Office for National Statistics (ONS) reported an increase in household expenses, shedding light on the particular struggles experienced by those with home
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
