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Company criticised for late filing made profit of £26.3m in year to December 2021Revolut, the UK’s most valuable fintech company, which has faced a string of controversies, has turned its first annual profit, much-delayed accounts reveal.The company ha…
British Land development will offer up to 3,000 new homes and offices with space for 20,000 workersJust south of a bend in the Thames, a tower block is rising out of the ground, surrounded by several cranes and construction workers. So far, so standard…
Putting olive oil in coffee is hardly a tradition in Italy, but that didn’t stop Starbucks interim CEO Howard Schultz from launching a series of beverages doing just that in Milan.
Grant Shapps to tell suppliers that reduced wholesale prices must be seen in consumer pricesMinisters have warned energy firms that they must pass on the benefits of lower wholesale prices to consumers, amid concern that bills could rise this spring.In…
Airline claim that it was protecting the world’s future is latest ad to fall foul of ASA rulesAn ad campaign by Lufthansa claiming that its green initiatives were protecting the world has been banned by the UK advertising watchdog, which ruled it was m…
Absence of long-term plan could deter investors or lead them to increase prices, says National Audit OfficeMinisters’ efforts to tackle the energy bills crisis have left the UK at risk of missing a key target to source green power and are threatening t…
The U.S. Department of Energy will provide $375 million in loans to a battery recycling company to build its first, and one of the first, lithium ion battery recycling plants in North America.
OpenAI is today unrecognizable, with multi-billion-dollar deals and corporate partnerships. From a report: OpenAI was founded in 2015 as a nonprofit research organization by Altman, Elon Musk, Peter Thiel, and LinkedIn cofounder Reid Hoffman, among oth…
Action by RMT and Aslef unions over pensions and staffing will hit service on day of budgetTube workers in the RMT union will strike on 15 March, joining Aslef in a 24-hour stoppage that will bring the London Underground to a halt.The strike, on the da…
Retailer to close warehouses in Basildon, Essex and Heywood, Greater Manchester, by 2026Sainsbury’s is planning to close two Argos distribution centres, putting up to 1,400 jobs at risk, and will ditch the catalogue shop’s Milton Keynes head office an…