South East Water warns over survival as funds dry up
South East Water warned of material uncertainty regarding its survival, stating it needs new loan facilities after July 2027 as losses widened to £33m amid service failures and regulatory fines.
Brewdog founder James Watt faces data complaints over efforts to buy back firm
Brewdog co-founder James Watt faces complaints to the UK data watchdog after reportedly contacting former shareholders while attempting to buy back the craft brewery months after its acquisition by US drinks firm Tilray.
Chinese firm seeks compensation over British Steel nationalisation
China’s Jingye Group, former owner of British Steel, announced plans to pursue legal compensation following the UK government’s decision to nationalise the loss-making Scunthorpe steelworks.
Why Andy Burnham will find it so tricky to unite Britain
Britain faces multiple social divisions spanning values, geography, and culture, presenting new Prime Minister Andy Burnham with significant challenges in forging national unity through a focus on local communities.
AliExpress fined record €550m by EU for failing to stop sale of illegal and fake goods
The EU fined AliExpress a record €550m for failing to prevent the sale of illegal and counterfeit goods including unsafe cosmetics, toys, and clothing through its platform.
JP Morgan boss warns of ‘consequences’ if Burnham taxes banks
JP Morgan chief Jamie Dimon warns that increased bank taxes could jeopardize the firm’s planned £3bn London headquarters and threaten UK investment competitiveness.