Brook & Ledger — UK business, markets, and money — for people who read the numbers first.
Just two months ago, Asda’s then-executive chairman insisted that his position as the sole leader of the discount grocer’s turnaround plans would not change any time soon. It had been rumoured that Asda was on the…
The London-listed firm has faced opposition from its investors on several fronts in recent months, including share buybacks, political donations and takeovers of rival estate agencies. Foxtons told shareholders on…
Over the weekend, Reynolds told broadcasters that she did not believe employers counted as “working people” under the Labour manifesto’s definition as “they are companies”. She added that there was a difference between…
His warning comes after the US software giant reported a 148 per cent surge in American commercial revenue in the third quarter, as businesses ramped up spending on its AI technology. “What we’re seeing in the US, that…
Before the war broke out, the Bank of England ’s Monetary Policy Committee (MPC), which meets every six weeks to set interest rates, had been poised to cut rates this year. However, as it became increasingly clear the…
The US president said he made a deal with Israeli prime minister Benjamin Netanyahu and that Washington would no longer be providing military aid to Israel after the end of this year. Speaking to Fox News' Fox and…
The Boston-based investment firm, which has faced intense criticism over its attempted sale of Poundland, must explain why it has rejected solvent offers to rescue the troubled retailer and its staff, No10 has warned.…
Asda, which is based in Leeds, said David Potts would take on the role with immediate effect, while current boss Allan Leighton would become non-executive chairman, two years after returning to lead the supermarket…
The firm, alongside Curtin University in Perth and others, will spend A$28m (£14.5m) building a "toad containment zone" to prevent the pest travelling south. While the cane toad is not a direct threat to Rio Tinto's…
The last couple of months have been littered with stories of Artificial Intelligence (AI) models going rogue, causing havoc and ignoring their human handlers; much like a superstar striker who refuses to sit in a 4-4-2…