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CEO pay in the UK has reached astonishing levels, according to a study, with the median salary for a FTSE 100 boss surging to £4.19 million in 2023. That is an eye-watering figure that means the typical CEO of a top UK company will earn 120 times more than the average full-time worker. A little …

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Shops, pubs, and restaurants have gone through a 10% fall in sales as riots erupt across the UK, with fears that more than 100 of them have taken place, according to UKHospitality. In the worst areas, this figure fell as much as 40%, while some shopping centers actually witnessed a slight hike. There were widespread …

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The FTSE 100 climbed 51 points to 8,219, with BT Group at the top of the rises following its massive investment from Bharti. Oil prices surged on the back of tensions in the Middle East. China suffered a record foreign investment outflow, Harland & Wolff's shares were still suspended as the group continued to grapple …

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Bharti Enterprises, the Indian conglomerate, just acquired a huge 24.5% stake in BT, one of the big UK telecoms, from French billionaire Patrick Drahi. But while Bharti seems a better fit, the UK government is concerned over foreign ownership and may impose some restrictions to ensure BT remains under British influence. The deal represents one …

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UK inflation is to rise again, the first such increase for a long time, and one which is proving very difficult for the Bank of England to handle. Having held steady at the same level for two months running, experts are now saying that inflation will rise to 2.3% in July. This stands against the …

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The research findings indicate that at present, used electric vehicles are cheaper than their corresponding petrol and diesel versions. While a three-year-old EV is averagely 8.5% less expensive compared to a comparable gasoline car, that gap nearly doubles at four years. It means that used EVs have become the smart, green buy for bargain hunters. …

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International airlines cut flights to China amidst low demand, political tensions, and closed-off airspace. The heady growth days are now gone, where China absorbed fewer flights from international carriers. Meanwhile, Chinese airlines are augmenting their fares overseas where their Western rivals are putting on the brakes. The thing is, over the past few months, many …

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Billionaire Sir Jim Ratcliffe, owner of Manchester United, expressed deep concern about rising crime in London. He has shared that he no longer wears a watch within the city due to fear of being mugged, and little prison space is available, with inadequate public service. According to billionaire Sir Jim Ratcliffe, the owner of Manchester …

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A flooring firm, The Floor Room, selling carpets and laminate from John Lewis stores, has gone bust and entered administration. In the wake of this, nearly 200 staff members will be made redundant. Their stores closed with immediate effect and customers are in doubt regarding their orders. Efforts are underway in a bid to manage …

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BitGo is shifting business around Wrapped Bitcoin (WBTC) into a worldwide custody system. They are looking to make security enhancements by adding new locations like Hong Kong and Singapore, which will be the first to allow for multi-jurisdictional custody of WBTC, allowing for more corporate investors. A big move by BitGo, the cryptocurrency management company, …

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It proved to be a grand success after the massive outflow of Parisians from that city. In so many competing and spectacular events, with excited tourists filling the streets and venues, the Games presented Paris at its best. The townspeople may have missed it, though the city never shone brighter in the glow that remains …

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One of the serious blood disorders, beta thalassemia, can now be cured by a new gene therapy using the revolutionary gene-editing tool of CRISPR-Cas9 technology that is giving hope to hundreds of sufferers in England. The one-time therapy would ensure the faulty genes in their bone marrow are rectified. Trials have already shown more than …

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