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In a frantic 24 hour period, US legal chaos and policy improvisation found global supply chains caught in the crossfire.
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Britain’s biggest building society has reported a surge in profits and mortgage lending, handing out over £1 billion in member bonuses — including a new £100 payout — and warning against government plans to cut cash Isa allowances. Read more: Nationwide rewards members with £100 payout after record profits and Virgin Money deal
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A wave of cyber attacks across the UK has left hundreds of thousands of Brits’ personal information vulnerable to online criminals. M&S admitted that hackers stole personal data – but not payments information or passwords – in a cyber attack at the end of April, while recent breaches at the NHS and Legal Aid resulted…
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Ryanair chief executive Michael O’Leary is set for a monster €100m (£84.2m) bonus after the Irish airline’s shares hit a key performance target. Shares in Ryanair closed at €23.74 on Thursday, marking the 28th consecutive day the stock has closed above €21 – the target O’Leary was set as part of a 2019 incentive scheme.…
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Vienna-based integrated chemicals, fuels and energy company OMV has announced its decision to invest “a mid-three-digit million-euro sum” in constructing a 140 MW green hydrogen electrolysis facility in Lower Austria. The company states that this green hydrogen plant will be one of Europe’s largest, providing its nearby Schwechat refinery with green hydrogen and reducing CO2…
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Trainline has significantly increased its CEO’s remuneration after a notable rise in profits over the latest fiscal year. Jody Ford’s total compensation reached £5.6 million, a jump from the £2.4 million he received the prior year. As per Trainline’s annual report, Ford’s salary package was substantially enhanced by £3.6 million in vested shares that matured…
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Gresham House has successfully closed its largest-ever forestry fund, raising £375 million ($500 million) for Forest Fund VI, with significant investment from major institutional backers, including UK local government pension schemes and an investor from Japan. This remarkable fundraising effort underscores the growing momentum and interest in the forestry sector. The fund aims to invest…
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Some customers have criticised Tesco’s new overhead replay cameras at self-service tills — likening them to controversial sports technology.
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The new UK-EU reset slashes border friction and carbon costs — rewriting logistics maths for manufacturers, hauliers and retailers on both sides.
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Google is facing a £25bn legal claim in the UK as a new lawsuit accuses the tech giant of abusing its dominant position in the online search advertising market and driving up prices for UK advertisers over more than a decade. The claim alleges that Google’s longstanding agreements with phone manufacturers and network operators –…
