Insurance firm Watchstone and law firm Slater & Gordon have finally settled their long running feud on the brink of a nine-week High Court trail.
Amazon’s quarterly profits are down from $2.9 billion to $2.1 billion. Analysts attribute this drop to the company’s investment in cloud storage programmes and its free-one day delivery offerings. It comes at a time when the company faces increasing scrutiny from United States regulators.
Woodford Investment Management, an investment management firm, is closing, following a series of bad investments.
The US private equity group Thoma Bravo has announced that it will acquire the Oxford based cybersecurity firm Sophos for £3.1 billion, a 37% premium on Sophos’ last closing price.
Despite Monsoon Accessorize’s company voluntary arrangement (CVA) being approved in July, accounts filed at Companies House show that the company is still in critical condition. The CVA will see rent reductions taking place for 135 of their 258 UK stores.
The UK’s Competition and Markets Authority (CMA) has commenced an investigation into the potential effects of Amazon’s intended investment in Deliveroo.
Payday lender QuickQuid has decided to pull out of the UK market, citing regulatory uncertainty after having failed to reach a satisfactory conclusion in negotiations with UK regulators.
PwC has been questioned over a possible conflict of interest arising in its roles with Thomas Cook.
A UK tax-relief policy, “Video Games Tax Relief” (VGTR) has been used by the world’s largest video game giants, including WarnerMedia, Sony and Sega, to avoid paying tens of millions of pounds in UK corporation tax.
Pizza Express is facing financial struggles with a debt pile of £1.1 billion as a result of increased competition, overly-ambitious overseas openings and a lack of innovation.