Month: June 2024

Rishi Sunak’s Covid start-up fund, the Future Fund, has moved to liquidate dozens of companies in a bid to recover taxpayer loans. According to court records, the fund has issued winding-up petitions to 32 businesses it supported during the pandemic, ...

Apple has announced a delay in the launch of three new artificial intelligence (AI) features in Europe due to regulatory challenges posed by the European Union’s Digital Markets Act (DMA). The features, which will be available in the US this ...

Britain’s celebrated pottery designer, Emma Bridgewater, has reported a near £1.4 million loss for her homewares brand, attributed to heavy discounting and increased competition online. This downturn follows a £1.1 million profit the previous year. The Stoke-on-Trent-based company, founded by ...

Uber, the ride-hailing and food-delivery giant, is gearing up for a significant tax dispute with HM Revenue & Customs (HMRC) over £1 billion in VAT payments. Since March 2022, Uber has been required to pay 20 per cent VAT on ...

When Flavio Briatore was ousted from Formula 1 in 2009 for his role in the infamous “Crashgate” scandal, it seemed a clear message was sent: the sport would not tolerate actions that compromised the safety and integrity of its competitions. ...

When Flavio Briatore was ousted from Formula 1 in 2009 for his role in the infamous “Crashgate” scandal, it seemed a clear message was sent: the sport would not tolerate actions that compromised the safety and integrity of its competitions. ...

Extremely heavy volume that accompanies a gap higher and a reversing candle after a lengthy uptrend is typically a sign of buyers’ exhaustion and a much more aggressive group of sellers. The longer and more impressive the rally leading up ...

The markets consolidated throughout the past week; the week was a shortened one with Monday, June 17th being a holiday on account of Bakri Eid. The past five sessions saw the markets staying in a capped range throughout the day. ...