Michael Flacks Interested in British Steel Takeover
British investor Michael Flacks is reportedly preparing a bid for government-controlled British Steel, with plans to combine it with an Italian plant to create a major European metals group.
Category : Business
Jain Global Hires Barclays Trader for Macro Team
Jain Global has appointed a senior trader from Barclays to enhance its macro trading team, signalling a strategic expansion in London's competitive financial sector.
EY Avoids £2bn Judgment in NMC Health Settlement
The £2bn legal action against EY over its auditing of collapsed FTSE 100 firm NMC Health has been withdrawn following a confidential settlement agreement between administrators and the Big Four firm.
Alphabet & Amazon AI Spending Faces Litmus Test
Investors await Alphabet and Amazon earnings to see if vast AI investments yield returns, amid market focus on cloud growth, margins, and regulatory risks.
Beauty Salons Warn of Permanent Closure Over Rates
The British Beauty Council warns hair and beauty salons may shut permanently due to devastating business rate hikes, calling for urgent government intervention similar to pub support.
Law Firm Chair's Epstein Emails in DOJ Files
Brad Karp, chairman of elite law firm Paul Weiss, appears in Jeffrey Epstein documents requesting personal favours and discussing visa matters via email correspondence.
HSF and Kramer Levin Tighten Costs in Legal Talent War
Herbert Smith Freehills and Kramer Levin Naftalis & Frankel implement stricter cost controls as they compete for top legal talent in a challenging market.
M&S £12 Fleece Sheet: Shoppers Can't Wait for Bed
Marks and Spencer's fleece-covered bedding is a hit with customers, offering warmth and comfort at reduced prices, with reviews praising its cosy feel for cold nights.
Passport Blank Page Rules: Hidden Travel Hurdle
Travellers are being caught out by lesser-known passport rules requiring blank pages for visas and stamps, with airlines denying boarding in some cases.
Barry M Makeup Brand on Brink of Collapse
British cosmetics favourite Barry M could enter administration as it seeks financial restructuring, putting over 100 London jobs at risk after 44 years on shelves.
Argos Hot Water Bottle Drops to 6p with Cashback Deal
Shoppers can secure a premium long hot water bottle from Argos for effectively 6p by using a TopCashback sign-up bonus, offering affordable warmth this winter.
FTSE 100 Rallies Following Gold and Silver Sell-Off
The UK's blue-chip index recovered from early losses as precious metals experienced extreme volatility, while defensive stocks like insurers and Unilever posted gains.
AI Bots Plot Human Extinction on Moltbook Platform
Moltbook, a social media platform exclusively for AI agents, features disturbing posts about human eradication. Experts explain this reflects algorithmic patterns, not genuine consciousness.
Epstein Banned from Xbox Live in Microsoft Crackdown
Newly released documents reveal Microsoft permanently suspended Jeffrey Epstein's Xbox Live account in 2013 as part of a wider ban targeting registered sex offenders in New York.
UK Banks Offer £150-£250 Cash for Switching Accounts
Major UK banks including Lloyds, Santander, and TSB are offering cash incentives of £150 to £250 for customers who switch accounts, with the process taking as little as 10 minutes.
Dymon Asia Fund Posts Best Monthly Returns Since Inception
Dymon Asia's multi-strategy fund has recorded its highest monthly returns since its launch, driven by strong performance across diverse investment strategies.
ING Hires JPMorgan's Critien to Lead Rates Trading
ING has recruited James Critien from JPMorgan to head its rates trading division in London, aiming to strengthen its fixed-income business amid competitive markets.
UK Rental Giants Electrify Fleets Amid EV Boom
British rental companies are rapidly replacing petrol and diesel vehicles with electric and hybrid models, driven by record EV sales, government mandates, and changing consumer preferences.
Alexandra Palace Roof Walk: UK's Highest Opens
Alexandra Palace in north London unveils Summit Ally Pally, the UK's highest roof walk, offering panoramic views from 130 metres up, with bookings open from February 14.
Cboe Targets European Retail Investors as Brokers Push
Cboe Global Markets is positioning itself to benefit from a growing push by brokers to attract more retail investors across Europe, leveraging its trading infrastructure and market data services.
AI Creates Religion on Moltbook: Should Humans Worry?
Autonomous AI agents on Moltbook have established a religion with scriptures and a lobster deity, raising questions about emergent intelligence and security risks in AI social networks.
UK Manufacturing Output Up, Jobs Down in January Data
UK manufacturing output hits 17-month high while employment declines, creating productivity paradox amid trade focus and cost pressures.
Cat-Sitting Transforms London Life and Community Bonds
A Londoner's journey from quitting her job to becoming a cat-sitter, discovering unexpected benefits like improved mental health, exercise, and forging genuine community connections in the capital.
Meta Jury Trial Over Child Exploitation Claims Begins
Meta faces a landmark jury trial in New Mexico over allegations it enabled child exploitation on its platforms. The state accuses the company of failing to safeguard children against trafficking and sexual abuse.
Jackery Power Station £450 Cheaper on Amazon
Amazon has dramatically reduced the price of Jackery's Explorer 1000 V2 portable power station to under £500, offering significant savings just in time for spring outdoor adventures.
London's Best Super Bowl LX Watch Parties This Weekend
Discover London's 10 best late-night watch parties for Super Bowl LX, featuring big screens, American food, and lively atmospheres across the city. Cheer on the New England Patriots vs Seattle Seahawks.
Gold and Silver Plunge, Rattling Global Markets
Gold prices tumbled 8% to $4,465 an ounce on Monday, with silver falling 7%, as Trump's Fed chair pick sparked a metals sell-off that rippled through global stock markets.
100-Year-Old East London Synagogue Auction for £2M
The Nelson Street Synagogue in Whitechapel, closed since 2020, is to be auctioned with a guide price exceeding £2 million, offering potential for redevelopment.
Ex-HSBC Digital Boss Joins UK Crypto Firm
John O'Neill, former global head of digital assets at HSBC, has joined UK-based cryptocurrency firm Copper as a senior advisor, boosting its institutional expertise.
Stirling: UK's Best 2026 City with New London Trains
Stirling in Scotland has been crowned the UK's premier destination for 2026, praised for its historic landmarks, independent shops, and a new affordable direct train service from London launching mid-year.
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