‘Rotten’ deal for taxpayers leaves MoD with a tough battle
Guy Hands fired the first person who walked into his glass office to introduce themselves after joining Nomura. The hard-headed dealmaker only wanted the toughest recruits on…
John Lewis reports improving fortunes as Waitrose delivers at Christmas
John Lewis is returning to profitability as strong Christmas sales helped it recover from an unprecedented annual loss. The retailer, which also owns Waitrose, has beaten its…
Norfolk County Council takes on mighty Apple over profit warning
An English council suing Apple for concealing weak iPhone demand has won a legal breakthrough after a judge approved its attempt to have the case turned into…
End of building supplies shortage ‘to boost construction’
Britain’s construction sector recovery will “gain a new lease of life” this year as supply chain issues ease and a warehousing boom continues, according to a leading…
Bank of England groupthink left us vulnerable to an inflation ambush
Having said that, in paying no attention whatever to the money supply I think that central banks have thrown the baby out with the bathwater. It is…
Future of car buying hangs in the balance as online purchases accelerate
Private equity-backed Constellation Automotive – the owner of Cazoo rival Cinch and the We Buy Any Car website – purchased physical dealership group Marshalls Motor Holdings for…
Satellite venture salvaged by Dominic Cummings faces fraud claim from Trump associate
The taxpayer-backed satellite broadband provider OneWeb is being sued for alleged fraud, breach of contract and misrepresentation by a former business partner of Donald Trump. Giorgi Rtskhiladze,…
Taxman makes first ever seizure of NFTs
According to Knight Frank’s upcoming annual wealth report, NFT art sales grew to $25bn (£18.4bn) last year, equivalent to a third of the global art market. Andrew…