“The decision… follows numerous discussions with B.UK’s parent company, Penultimate Investment Holdings Limited (PIHL). The aim of these discussions, which were held over a long period and undertaken in good faith, had been to find a consensual solution and repayment of PIHL’s borrowing to Bank of Scotland.
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Ukraine: UK sanctions oligarchs Alisher Usmanov and Igor Shuvalov
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Conservative MP Tom Tugendhat, the chairman of the Commons foreign affairs committee, said: “We should be looking immediately to...
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Microsoft’s links with OpenAI to be examined by competition watchdog
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Sorcha O’Carroll, senior director for mergers at the CMA, said: “The invitation to comment is the first part of...
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Railway workers to strike over three days in June
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On the first day of the planned strike on 21 June, London Underground RMT workers plan to walk out...
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Wilko: Warning warehouse staff face redundancy
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In a note to its members, the GMB said: “Although further details have been requested from the bidder, we...
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Heathrow tells airlines to stop selling summer tickets
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“Over the past few weeks, as departing passenger numbers have regularly exceeded 100,000 a day, we have started to...
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Photographer, farmer and plasterer job ads rise
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While she said that this is “starting to translate” into higher pay and better benefits for some workers in...
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Manchester United: Sir Jim Ratcliffe agrees deal to buy 25% stake
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Sir Jim Ratcliffe’s deal will see £236m used to upgrade the club’s training ground and Old Trafford stadium British...
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Tesla lays off more than 10% of its workforce
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Their departures “signal that Tesla’s major growth phase is meeting serious headwinds,” said Michael Ashley Schulman, chief investment officer...
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