News

Argos Posts £223 Million Pre-Tax Loss Amid Job Cuts and Sluggish Sales

Argos reported a pre-tax loss of £223.2 million for the year ending 1 March 2025, marking a sharp decline from…

UK Withdraws Support for $1.15bn Mozambique Gas Project Over Climate and Security Concerns

The UK government has pulled its backing for a $1.15 billion (£870 million) loan to a major gas development in…

Lithuanian Start-Up Cannumo Secures Record €1 Million Investment on Shark Tank

Cannumo, the Lithuanian wellness start-up behind the live-bacteria drink Goodie, has raised €1 million on Shark Tank Lithuania, marking the…

Revolut Surges to $75bn Valuation, Overtaking Barclays After Major Share Sale

Revolut has become Europe’s most valuable private technology company after a major secondary share sale pushed its valuation to $75…

Chancellor Faces Backlash from Business Leaders Over Budget

Chancellor Rachel Reeves has come under renewed criticism from senior business figures following the publication of her latest Budget, with…

Thousands of UK Jobs at Risk After Sharp Rise in Online Gambling Taxes, William Hill Owner Warns

The head of William Hill’s parent company has warned that thousands of jobs across the UK are now at risk…