44 stories found
A government investigation revealed that more than 600 companies, including major retailers and restaurant chains, failed to pay workers the legal minimum wage, resulting in £4 million being refunded to affected employees.
The number of UK firms experiencing 'critical distress' has risen by almost a tenth, reflecting a challenging economic outlook amid global uncertainty and rising costs.
Digital bank Monzo has achieved a significant milestone by surpassing a landmark number of business customers, a first for a digital bank, amidst increasing online demands from HMRC on UK firms.
A new survey reveals that a third of UK firms are calling for a reduction in business rates, with Scottish businesses expressing particular concern about their survival due to increasing cost pressures.
Firms in the United States and the United Kingdom are increasingly engaging in foreign exchange hedging strategies. This trend is driven by heightened market volatility sparked by ongoing conflicts.
A BBC investigation has uncovered evidence linking UK-registered companies to payments facilitating illegal small-boat crossings. The findings suggest a connection between these firms and the controversial migrant journeys.
A survey by Singapore's Ministry of Manpower revealed that nearly three out of four firms in the country have not yet adopted Artificial Intelligence technologies. This highlights a significant gap in AI integration within the business sector.
Demand for rooftop solar energy systems is significantly increasing across Europe, driven by the ongoing energy crisis and efforts to reduce reliance on traditional energy sources. This surge is seen as a key strategy against rising electricity costs.
British firms will face significantly tougher controls on export licenses to prevent their goods from circumventing sanctions and reaching Russia via other countries. This follows a report on a British firm exporting machinery to an Armenian company linked to Russia's war effort.
The UK government has announced an expansion of its energy bill support scheme, providing additional aid to thousands of businesses, particularly larger energy users. This move comes as ministers set out a new £600 million plan to help firms cope with rising energy costs.
Elite law firm Clifford Chance and consultancy McKinsey in the UK reported a widening gender pay gap last year.
A significant data glitch at Companies House in the UK led to the sharing of data from millions of firms, prompting experts to call for greater transparency regarding the incident.
Data suggests the number of fixed-term deals has more than halved as prices for wholesale energy surge.
National Cyber Security Centre urges increased vigilance over risk of indirect attack by hacktivists amid conflict US-Israel war on Iran – live updates UK businesses with a presence in the Middle…
A recent ruling on IEEPA tariffs is expected to create a positive margin tailwind for consumer-focused companies, potentially boosting their profitability.
British enterprises are implementing a successful startup incubation framework originally developed in South Africa to accelerate entrepreneurial growth and corporate innovation.
A proposed ban on zero-hours contracts in the UK could cost employers up to £3 billion per year, according to new estimates. The crackdown aims to improve worker rights but raises concerns about potential financial burdens on businesses.
UK listed firms, particularly travel companies and housebuilders, issued 59 profit alerts in the second quarter, an increase from the previous quarter, with the fallout from the Iran war cited as a contributing factor.
British food ingredients company Tate & Lyle has agreed to a £2.7 billion takeover by its US rival Ingredion. This acquisition marks another significant blow to the London stock market with a major UK firm being acquired by a foreign entity.
A report indicates that eight out of ten UK firms are experiencing negative impacts from the fallout of the Iran war, with 20% pausing investment due to geopolitical uncertainty. The Barclays survey also found that over two-thirds of businesses are affected by rising energy and fuel costs.
UK business leaders warn that the escalating economic consequences of the Iran war are forcing companies to halt investment and hiring plans, as they struggle to absorb rising costs.
A new report indicates that the number of UK firms experiencing critical financial stress has increased by a third. This surge is attributed to rising operational costs.
Sainsbury's and WH Smith are among the latest UK firms to warn that the ongoing conflict in Iran will negatively impact their customers and business operations.
Anthropic has unveiled its new AI model, Claude Opus 4.7, which is described as highly capable for advanced coding and is part of the company's expanding operations.
Thousands of independent businesses across the UK are bracing for their energy bills to more than double, with companies using heating oil already rationing fuel, due to the ongoing Middle East crisis.
Austria has reiterated its policy of neutrality by declining multiple US requests to use its airspace for military flights related to Middle East operations, citing its obligation to reject overflights by parties in a conflict, with the latest rejection concerning operations against Iran.
‘While progress continues’, the latest figures showed that only 42 per cent of the UK’s 50 largest private companies currently meet the 2027 target for board representation
UK energy firms are withdrawing fixed energy deals, with the number of available offers more than halving, as wholesale energy prices surge due to the conflict in Iran.
Members of Parliament in the UK are planning reforms aimed at boosting gender equality within the leadership of British companies.
UK firms are left in limbo after a court overrules many US tariffs but Donald Trump says he will reintroduce them
BTG states that UK firms are facing increasing financial distress, describing their situation as "walking a tightrope."
Ripple is backing two UK-based firms in an effort to foster the growth and development of the XRP Ledger (XRPL) ecosystem.
Swiss engineering giant ABB has announced its largest-ever acquisition, purchasing UK-based engineering group Rotork for £4.1 billion (approximately $5.5 billion). This strategic move aims to expand ABB's automation offerings and strengthen its position in the market.
Financier Lex Greensill has been banned for nine years from leading British companies, a penalty for the collapse of his finance firm which accelerated the downfall of Credit Suisse due to the misuse of funds from the Swiss bank's funds.
UK companies are reportedly rebranding ordinary automation as artificial intelligence, a practice dubbed 'AI washing,' to capitalize on the current buzz around AI technology.
The United Kingdom government has advised companies to implement measures to limit potential risks associated with frontier artificial intelligence models.
A Bank of England survey indicates that British businesses are significantly increasing their expectations for selling prices in the coming year, fueling concerns about inflation.
Britain's cybersecurity agency has issued a warning to UK firms, urging them to increase vigilance against espionage attacks by Chinese hackers who are reportedly exploiting everyday devices.
EasyJet and Tesco have warned of financial challenges, including increased fuel costs, reduced bookings, and profit uncertainty, citing the ongoing Middle East conflict as a significant factor.
US President Donald Trump issued severe new threats against Iran, targeting infrastructure like bridges and power plants, while also publicly ridiculing British Prime Minister Keir Starmer. These actions have led to widespread international criticism, including calls for seriousness from French President Macron and warnings from Russia.
Companies in the United Kingdom are preparing for the implementation of new regulations concerning packaging liability, which will impact their operational and environmental responsibilities.
Data suggests the number of fixed-term deals has more than halved as prices for wholesale energy surge.
The European Union has shortlisted Swedish and UK firms to manage its €5 billion technology fund, aiming to boost innovation and investment in the tech sector.
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