Scientists split over learning to live with Covid

Sequencing tools from the UK’s Oxford Nanopore and US-based Illumina were brought in. All the data was made publicly available.  “What they collected has been really important…

Battle of the billionaires as hedge fund tycoon targets Boohoo

Founded in 2006 by Mahmud Kamani and Carol Kane, Boohoo has been seeking to put corporate governance concerns – and the 2020 scandal in its Leicester factory…

New York buyout firm plots £5bn takeover of British petrol stations owner Motor Fuel Group

A New York buyout fund is reportedly plotting a £5bn takeover of Britain’s largest independent petrol stations operator. Fortress Investment Group is said to have brought in…

Troubled steel tycoon Sanjeev Gupta battles soaring electricity bills

Soaring electricity bills are undermining the efforts of the troubled metals tycoon Sanjeev Gupta to retain control of his British steel plants and save them from collapse….

Markets will stop worrying and learn to love the new Cold War

Of course, it is easy to understand why. If there is an invasion, sanctions will be imposed on Russia, and the flow of gas and oil will…

Monaco-based Matalan founder loses fight with taxman over ‘£135m’ tax bill

Matalan founder John Hargreaves has lost a long-running dispute with HMRC over his bid to avoid a tax bill of up to £135m. The retail entrepreneur has…

Matt Moulding’s THG faces ugly row over beauty discounting

Beauty suppliers to THG are restricting the flow of stock to Matthew Moulding’s online retail empire over concerns it is too aggressively discounting to hit sales targets,…