The number of companies that became insolvent in July was 16% higher than during the same period last year, according to official data. In England and Wales, 2,191 businesses went bust, according to the Insolvency Service, compared with 1,890 in July 2023. The figures included 320 compulsory liquidations – whenContinue Reading
Media regulator Ofcom is ramping up its hiring of online safety staff as debate continues over the ability of the UK to properly tackle the spread of misinformation online. The riots in parts of the UK earlier this month were fuelled by the spread of misinformation in the wake ofContinue Reading
Engineering firm John Wood Group has revealed it slumped to a near one billion US dollar (£770 million) half-year loss just weeks after a Dubai suitor walked away from a £1.56 billion proposed takeover. The FTSE 250 firm, which provides oilfield and engineering services, reported pre-tax losses of 961.7 millionContinue Reading
Ted Baker shops are to disappear from British high streets by the end of the day, some 36 years since the fashion chain first opened in Glasgow. The fashion chain’s 31 remaining stores in the UK and Ireland are expected to have shut down by Tuesday, while the website hasContinue Reading
Ultra-high-net-worth individuals or UHNWIs approach investments differently compared to the average investor. They avoid the error of ‘keeping up with the Joneses,’ where smaller investors try to match or outperform their peers’ investment strategies. Instead, UHNWIs establish personal investment goals and long-term strategies, focusing on their own financial objectives. TheseContinue Reading
In today’s digital age, where content is king, the need to maintain the originality and aesthetics of digital images is paramount. WatermarkRemover.ai emerges as a vital tool in the arsenal of content creators, photographers, and the general public alike. This comprehensive review explores how this AI watermark remover transforms theContinue Reading
Mike Lynch, the British tech entrepreneur recently acquitted in a high-stakes £8bn fraud case, is missing after his yacht sank off the coast of Sicily. The incident occurred just weeks after Lynch’s remarkable legal victory, which saw him cleared of fraud charges in a US court following a 13-year legalContinue Reading
A number of college strikes have been suspended after “significant progress” was made during a series of talks regarding pay. The Educational Institute of Scotland (EIS), Scotland’s largest teaching union, has announced that strikes planned in colleges on Tuesday, Wednesday and Thursday this week have been halted. It comes asContinue Reading
London’s top stock index rose to its highest level this month, rebounding from a dip in Friday’s previous trading session. Miners and housebuilders were among those to perform strongly at the start of the week on the FTSE. However, BAE Systems and Rolls-Royce slumped during a tough session for theContinue Reading
CTD Tiles, one of the UK’s biggest tile suppliers, has shut 56 of its stores after falling into administration. Administrators of the business said that 268 workers were made redundant after the collapse. However, 30 of its shops and two distribution sites were bought in a rescue deal by rivalContinue Reading
