Exxon Trader Joins BlueCrest Capital
A senior commodities trader from ExxonMobil, known for his coffee expertise, has moved to BlueCrest Capital Management, marking a significant hire in the energy trading sector.
Category : Business
Prediction Markets Under Fire: Legal Battle Over Gambling Loophole
Prediction markets like Kalshi and Polymarket are embroiled in federal lawsuits as state regulators argue they are unlicensed gambling operations, with over $1 billion traded on Super Bowl Sunday alone.
London Council Tax Increases for 2026-27: Borough-by-Borough Guide
Council tax is set to increase in 33 London boroughs from April 2026, with most raising rates by 4.99%. Discover the exact percentages and costs for each borough, including exceptions like Wandsworth and Westminster.
Topshop Returns to London with Seven Store Locations
The iconic fashion retailer Topshop has made a comeback to physical stores in London for the first time since 2021, now available in seven John Lewis locations across the city.
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Firms Rush Layoffs Before Employment Rights Changes Take Effect
UK businesses are planning significant workforce reductions by year-end to avoid costly unfair dismissal claims under the new Employment Rights Act, which removes compensation caps starting January 2027.
AI's Role in UK Unemployment Rise: Experts Debate Impact
UK unemployment hits 5.2%, highest since 2021, as AI adoption influences hiring decisions. Experts debate whether automation is the primary driver or just one factor in labor market cooling.
Labour Abandons Growth as Unemployment Rises and Businesses Flee
New data reveals a 5.1% unemployment rate and business surveys show 37% plan to cut hiring due to the Employment Rights Act, highlighting Labour's failure to prioritize economic growth.
Thomas J. Watson: Farm Boy to IBM Founder Who Shaped Computing
Explore the remarkable journey of Thomas J. Watson, born in 1874, who transformed a small company into IBM, revolutionizing business technology and laying foundations for modern computing through visionary leadership.
Topshop Returns to High Streets via John Lewis Stores
Iconic British fashion brand Topshop makes its physical retail comeback across 32 John Lewis department stores nationwide, marking a significant high street revival after its 2021 closure.
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BrewDog's 'Punk' Investment Model Faces Hangover in Sale
BrewDog's likely sale has angered small-scale 'punk' investors who fear minimal returns, with the brand potentially being broken up into bars, brand, and brewing assets amid private equity interest.
Boohoo Owner Raises £35M, Risking Mike Ashley Clash
The parent company of Boohoo and Debenhams is raising £35 million from shareholders to cut debts and fund turnaround plans, potentially escalating tensions with major investor Mike Ashley.
High-Speed Trading Firms Adopt Slower Strategies
High-frequency trading firms are increasingly adopting slower, more deliberate strategies as market volatility and regulatory pressures reshape the financial landscape.
Labour Policies Blamed for Rising Unemployment in UK
New ONS data shows unemployment climbing to 5.2%, with business leaders blaming national insurance hikes and employment rights legislation for forcing hiring cutbacks across industries.
AI Demand Cripples Hardware: Hard Drives, Steam Decks Out
AI companies are buying up hard drives and memory, causing shortages that impact gaming consoles like PlayStation 6 and Steam Deck availability, with prices rising.
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Asda Recalls Kids' Toys Over Asbestos Fears
Asda has urgently recalled two Stretcherz toy figures after tests revealed trace levels of asbestos in a sand-like material inside some products. No injuries reported.
Easter Holiday: Isle of Wight Caravan Stay Under £100 for Two
Discover a budget-friendly Easter break with a three-night stay at Lower Hyde Holiday Park on the Isle of Wight for just £83 for two people, including entertainment and facilities.
Workplace Consequences for Social Media Posts on Charlie Kirk
Individuals face job terminations and disciplinary actions after posting about the death of political commentator Charlie Kirk on social media platforms.
EU Investigates Shein for Illegal Sales and Addictive Features
The European Union has initiated a formal investigation into Shein, focusing on the sale of illegal items like childlike sex dolls and weapons, as well as addictive design elements and opaque recommender systems under the Digital Services Act.
Ryanair Cabin Bag: Best Carry-On Under £15 for Travellers
Discover a stylish rucksack under £15 that fits Ryanair's strict cabin bag size limits, helping budget travellers avoid extra fees and save money on flights.
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London's Historic Porchester Spa: Art Deco Escape at £30.90
Discover London's oldest spa, the Porchester, with stunning art deco interiors and affordable entry at £30.90. Explore its facilities, history, and mixed reviews in this detailed guide.
Minister Defends Apprenticeship Reforms Amid Business Fears
Industry Minister Chris McDonald addresses sector concerns about apprenticeship reforms, emphasizing quality maintenance and expanded opportunities for young people in a podcast interview.
Hamilton Lane CEO: Private Credit Fears Are Overblown
Hamilton Lane co-CEO Erik Hirsch argues that concerns about private credit sparking the next financial crisis are misguided, citing low bankruptcy rates and rising equity coverage in the industry.
Hyatt Chair's Epstein and Maxwell Links Investigated
Thomas Pritzker, chairman of Hyatt Hotels, faces renewed scrutiny over his past associations with Jeffrey Epstein and Ghislaine Maxwell, as corporate governance experts question transparency.
Russia Threatens Navy to Protect 'Shadow Fleet' from West
A senior Russian official warns Moscow could deploy its navy against European seizures of Russian-linked vessels, escalating tensions over the Kremlin's shadow oil fleet amid ongoing sanctions.
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Five Dead in Spanish Apartment Fire, Victims Trapped
A devastating fire in Manlleu, Spain, has claimed five lives after victims were unable to escape an attic storage room. Authorities report five others injured in the blaze.
Antofagasta Shares Dip Despite Record Revenue and Copper Boom
London-listed mining giant Antofagasta reports a 30% revenue surge to $8.6bn driven by high copper prices, but shares drop 3.2% in early trading amid slight production declines.
Tajikistan's Pamir Highway: The Ultimate Adventure Road Trip
A firsthand account of navigating Tajikistan's treacherous Pamir Highway, one of the highest and most remote roads on Earth, through isolated towns and breathtaking mountain landscapes.
Manchester's Cheetham Hill Becomes UK's Vape Capital
Cheetham Hill in Manchester has become Britain's 'vape capital' with over 50 e-cigarette shops lining just two streets, replacing the area's notorious counterfeit trade following police crackdowns.
UK Workers' Incomes Squeezed by Inflation and Interest Rates
UK workers are experiencing a significant squeeze on their incomes as inflation and high interest rates impact the jobs market, with unemployment rising and wage growth struggling to keep pace.
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Debenhams Launches £35M Equity Raise for Turnaround
Debenhams Group confirms a £35 million equity fundraise to fuel its turnaround strategy, but shares tumble as investors remain cautious about the struggling fashion retailer's recovery plans.
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