Brook & Ledger — UK business, markets, and money — for people who read the numbers first.
The fate of the retail chain, its 12,000 staff and about 2,000 suppliers remains uncertain after it filed a notice of intention to appoint administrators at the high court last Thursday. The US restructuring specialist…
In their announcement on Wednesday, CVS Health said they will split off its 9,000 pharmacies, in-store clinics and mail order prescription business into a business named CVS Pharmacy. A second company will keep the name…
The official opening was marked in swanky fashion with a "breathtaking" display from Marlboro's red-and-white branded biplanes, followed by a "spectacular" laser show, the first in South Yorkshire. Helen Worth –…
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Minutes of the June meeting had been published. Item 2: Tokenisation workplan The Bank provided a brief update on its approach to tokenisation and the work underway across the Bank, HM Treasury and Financial Conduct…
The Dax in Frankfurt is up by a similar amount, while the French and Italian markets have jumped more than 2% and the Spanish index has soared 3.2%. The pan-European Stoxx 66 has gained 1.8%. Banking and clean energy…
The US investor, an early backer of Apple, Airbnb and Stripe, confirmed the closure in a sweeping restructuring announcement , saying it no longer saw the need for a physical presence in the capital. “We are closing our…
The Germany company says it will scrap all branding at the competition and would consider withdrawing its support altogether if the International Ice Hockey Federation lifts a ban on Russia in place since its invasion of…
The Prime Minister criticised Gordon Brothers, the US investment firm which owns the retailer, for failing to engage with the “viable propositions” which have been tabled by a number of bidders. Downing Street’s…
Haigh, who is referred to as the Prime Minister’s “enforcer” and stood in for Deputy Prime Minister’s Questions on Wednesday, batted away the Conservatives’ questions about the welfare bill. When asked by her opposite…