Drax settles third employment lawsuit against trader
Drax has quietly resolved another legal dispute with a former energy trader, marking the third such settlement over alleged employment contract breaches in recent years.
Category : Business
JPMorgan hires HSBC's Blessing Moyo in trading reshuffle
In a significant move shaking up London's financial sector, JPMorgan has appointed Blessing Moyo as head of EMEA trading desk strategy, while HSBC Asset Management's COO departs after 15 years.
School friends score £165K Dragons' Den investment
Two former schoolfriends defied sceptics who predicted they'd be 'bankrupt by 30' to secure a massive £165,000 investment on Dragons' Den for their innovative bag business.
AWS Outage Triggers Global Internet Disruption
A catastrophic AWS outage has brought major websites and services to their knees, highlighting the internet's dangerous reliance on Amazon's cloud computing giant. Discover which services were affected and what it means for digital infrastructure.
News Corp's Corporate-Backed Australia Campaign
Rupert Murdoch's media empire launches ambitious campaign promoting Australian manufacturing revival with major corporate sponsors, raising questions about media independence.
Apple's iPhone sales slump drives Q4 revenue decline
Apple reports unexpected Q4 revenue decline as iPhone demand softens, raising concerns about the tech giant's growth trajectory in competitive markets.
London's £35 Dining Deals: 3 Courses & Prosecco
Discover 10 incredible London dining offers where you can enjoy three courses and Prosecco from just £35. From Southbank gems to hidden city spots, these unmissable deals make fine dining affordable.
Apollo Embraces Flexible Wealth Partnership Models
Discover how Apollo Global Management is revolutionising private wealth collaboration with innovative structures and flexible approaches that challenge traditional models.
Dimensional's European ETF Expansion Challenge
Dimensional Fund Advisors brings its systematic active ETF approach to Europe, challenging traditional fund managers with its evidence-based investment philosophy. Will their US success translate across the Atlantic?
O2 criticised by Ofcom for undermining pricing rules
Telecoms regulator Ofcom has slammed O2 for tactics that 'go against the spirit' of new consumer protection rules, raising concerns about industry compliance with pricing transparency reforms.
OpenAI Targets $1 Trillion Valuation in Landmark IPO
The AI pioneer OpenAI is preparing for what could become the largest stock market flotation in history, with a potential valuation soaring towards $1 trillion, according to insider reports.
ARC Raiders Studio Defends AI Voice Casting
Embark Studios responds to criticism over AI-generated voices in their new co-op shooter ARC Raiders, claiming it enhances creative freedom while players voice concerns.
Over half of UK firms rewrite ethics strategy
New research reveals a dramatic shift in corporate Britain as ethical concerns and consumer demands force majority of businesses to fundamentally rethink their policies and practices.
Tech Earnings: AI Rewards vs Spending Punishment
Major tech companies face investor reckoning as AI investments deliver returns while excessive spending draws sharp criticism in latest earnings season.
City AM's 18-Year Mission to Make Budgets Compelling
Discover how City AM revolutionised budget coverage, transforming dry financial data into compelling narratives that captivate London's business elite for nearly two decades.
Jean Finlayson: Trailblazing Women's Journalism Pioneer
Celebrating the extraordinary life and career of Jean Finlayson, the pioneering journalist who transformed women's journalism and championed female voices in media.
Energy bills to rise 5% as suppliers chase £500m debt
Millions of UK households are bracing for a double blow as energy bills are projected to rise by 5% while suppliers seek to recover nearly £500 million in customer debt through increased charges.
Dunelm's £20 Duvet Cover Shoppers Can't Stop Raving About
Shoppers are raving about Dunelm's incredibly soft and affordable duvet cover that's transforming bedrooms across the UK. Discover why this £20 bedding essential is causing such a stir.
Beauty brand's incredible turnaround to Boots success
Discover how one determined entrepreneur transformed her failing beauty business into a Boots-stocked success story against all odds.
YouTube Removes GTA 6 Content Over New Guidelines
YouTube's updated policies are causing mass removal of GTA 6 content, leaving creators frustrated and questioning platform censorship ahead of the game's 2025 release.
Airline's radical plan to eliminate turbulence
A major airline has unveiled groundbreaking technology that could make bumpy flights a thing of the past. Discover how their innovative approach is set to transform air travel comfort and safety.
Helicopter Crash Near Doncaster Claims Life
A man has died following a devastating helicopter crash in South Yorkshire as emergency services continue their investigation into the incident near Doncaster.
Harrods Reveals Rooftop Terrace Dining Plans
London's iconic Harrods department store unveils ambitious plans to transform its rooftop into an exclusive dining destination with panoramic city views, marking a major evolution for the 175-year-old luxury retailer.
Abu Dhabi Challenges London & NY Financial Dominance
Abu Dhabi launches an aggressive strategy to transform into a global financial powerhouse, challenging established hubs like London and New York with massive sovereign wealth backing and strategic reforms.
Uxbridge mourns beloved shopkeeper in emotional tribute
Heartfelt tributes flood in for popular Uxbridge shopkeeper whose sudden passing leaves community in mourning and family sharing emotional farewell.
Soho Pizza Shop Faces Closure After 30 Years
A beloved Soho pizza institution serving Londoners for three decades could vanish forever as soaring rents threaten another city treasure.
London's Best Family Hotels: Kid-Friendly Luxury Stays
Discover the top family-friendly hotels in London that combine luxury amenities with child-focused facilities for the perfect family getaway in the capital.
Crystal Palace Named London's Surprise Property Hotspot
Discover why Crystal Palace, once overlooked, is now beating prestigious neighbourhoods to become one of London's most desirable places to live according to Rightmove data.
Sainsbury's New Bakery Item Wows Shoppers
Sainsbury's has launched an irresistible new bakery item that's sending shoppers into a frenzy, with many claiming it's the best supermarket baked good they've ever tasted.
Pension Tax Trap: Thousands Hit by Shock Tax Bills
Exclusive investigation reveals how HMRC's emergency tax system is hitting pensioners who return to work, with some losing nearly half their income to unexpected tax demands.
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