GSK CEO Emma Walmsley's Pay Rose 50% to £15.6m in Final Year
Emma Walmsley's remuneration at GSK surged nearly 50% to £15.6m in her last year as chief executive, driven by share bonuses amid strong company performance.
Category : Corporate
Paramount-Warner Bros Merger Faces Regulatory Hurdles
The $110 billion Paramount-Warner Bros Discovery merger faces significant regulatory scrutiny from US state attorneys general and international authorities, despite CEO David Ellison's confidence in approval.
Entain Losses Deepen to £681m After Budget Tax Charge
Entain reports a £681m annual loss after a £488m impairment from UK gambling tax increases, despite 3% revenue growth and strong US performance.
Primark Appoints Eoin Tonge as Permanent Chief Executive
Fast fashion giant Primark has confirmed Eoin Tonge as its permanent CEO, while appointing Filip Ekvall as chief commercial officer to strengthen its market position.
Evercore Promotes 15 to Senior Managing Director
Evercore, the global investment banking advisory firm, has promoted 15 professionals to senior managing director positions across its offices in London, New York, and other key financial hubs.
Elon Musk Testifies in Twitter Stock Manipulation Trial
Elon Musk testified in a civil trial where Twitter investors allege he manipulated stock prices before buying the company in 2022, with potential billions at stake.
Foreign Buyers Circle 'Undervalued' UK Firms as M&A Surges
Inward mergers and acquisitions involving UK companies reached £27.4bn in Q4 2025, the highest level since 2021, as foreign buyers capitalize on perceived undervaluation.
Union Seeks Control of Tesla German Works Council
A major union is attempting to take control of the works council at Tesla's German factory, escalating tensions over labor rights and worker representation at the electric vehicle plant.
BrewDog Founder Faces Backlash Over Equity Punks Loss
James Watt apologizes to 200,000 crowdfunding investors left empty-handed after BrewDog's £33m sale to Tilray, sparking criticism over private equity deals and job losses.
Wood Group fined £13m for inaccurate financial results
Aberdeen-based Wood Group has been fined £12.9m by the Financial Conduct Authority for repeatedly publishing inaccurate financial results, influenced by a desire to maintain previous statements.
HSBC Swiss Private Banking Boss Joins Barclays
HSBC's head of Swiss private banking, Yves-Alain Sommerhalder, is leaving to join Barclays as its new global head of private banking, marking a significant leadership shift in the financial sector.
Wood Group fined £13m by FCA for inaccurate reporting
Engineering giant John Wood Group faces a £13m fine from the Financial Conduct Authority after publishing inaccurate financial results, as it prepares to exit the London Stock Exchange.
Asda Boss: Government 'More Difficult' for Business
Asda chair Allan Leighton claims the government has become increasingly difficult for businesses, contrasting current Labour policies with the more business-friendly approach of the Tony Blair era.
Brewdog Founder 'Heartbroken' Over Sale, 500 Jobs Lost
Brewdog co-founder James Watt expressed devastation as the craft beer firm was sold to US cannabis company Tilray for £33m, resulting in nearly 500 job losses and leaving thousands of 'punk equity' investors empty-handed.
Iceland Supermarket Drops Trademark Dispute with Iceland Country
After losing three legal battles, UK supermarket chain Iceland abandons trademark fight against Iceland country, offering discount vouchers to Icelandic shoppers instead.
Quilter's Compensation Costs £20M Less Than Expected
Quilter plc has announced that compensation for missing financial advice will cost £20 million less than anticipated, reflecting improved operational controls and case resolution.
Royal Albert Hall Employee Steals £40k in Microphones, Avoids Jail
A former Royal Albert Hall employee has received a suspended sentence after stealing over £40,000 worth of microphones and equipment, exploiting a security lapse with his access card.
Citigroup Promotes Grinups to Lead Nordic Corporate Banking
Citigroup has appointed a new head for its Nordic corporate banking division, signaling strategic focus on the region's financial markets and client services.
Lutnick Testifies to Congress on Epstein Links
Howard Lutnick, CEO of Cantor Fitzgerald, testified before Congress regarding his connections to Jeffrey Epstein, facing intense scrutiny over financial and personal ties.
Ticketmaster Antitrust Trial Begins Over Concert Tickets
The trial against Ticketmaster has commenced, focusing on allegations of monopolistic practices in the concert ticket market, with potential implications for pricing and consumer choice.
Greggs Fights Investor Doubts Amid Aggressive Expansion Strategy
Greggs CEO Roisin Currie defends the bakery chain's rapid growth and menu diversification as it becomes Britain's most-shorted company, with short interest exceeding 14%.
JPMorgan Names New Leaders for Securities Services Sales
JPMorgan Chase has announced new leadership appointments for its securities services sales division, aiming to enhance client engagement and drive growth in this critical financial sector.
Tesco Staff Get £134m Windfall from Share Scheme
Over 22,000 Tesco employees are set to receive significant payouts averaging £5,000-£8,000 each from a £134 million employee investor scheme windfall, following recent head office job cuts.
Tesco Workers to Receive £134 Million Share Scheme Payout
Thousands of Tesco employees are poised to receive substantial payouts ranging from £5,000 to £8,000 each through the company's save-as-you-earn share scheme, totaling £134 million.
Accountancy Lags Behind Law in Gender Equality at Top
New data reveals UK accountancy firms significantly trail legal firms in female representation at board and partnership levels, with only 50% having at least one woman in senior leadership compared to 71% in law.
BrewDog Takeover by Tilray Cuts 500 Jobs, Hits Investors
American cannabis firm Tilray acquires BrewDog for £33m, resulting in 484 job losses and 38 bar closures. Crowdfund investors face total loss as administrators confirm no payout.
McDonald's CEO's Awkward Taste Test Sparks Viral Mockery
A video of McDonald's CEO Chris Kempczinski awkwardly tasting the new Big Arch burger has gone viral, with social media users mocking his forced demeanor and corporate language.
BrewDog Closes 38 Bars, 484 Jobs Lost in US Takeover
BrewDog announces the closure of 38 bars and 484 job losses despite a £33 million rescue takeover by US firm Tilray Brands, which will preserve 733 UK jobs.
BrewDog Bars Close Temporarily Ahead of Imminent Sale
BrewDog has closed all its bars globally for a day as the craft beer company finalizes its sale process, with an announcement expected imminently. The closure affects 72 bars worldwide.
Tilray Buys BrewDog UK Assets, 38 Bars to Close, 500 Jobs Lost
US cannabis and drinks giant Tilray purchases BrewDog's UK and Irish operations for £33 million, preserving 733 jobs but closing 38 bars and leaving early crowdfunders empty-handed.
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