In a surprising turn of events, the Middleton family, known for their close ties to the British royal family, found themselves facing significant financial difficulties resulting from the collapse of their family business, The Party Pieces Company. Michael and Carole Middleton, the parents of Catherine, Princess of Wales, are reportedly facing mounting debts due to … Read more
Representing one of the world’s largest fast fashion retailers, Shein was unable to answer MPs’ questions about where its cotton comes from. Yinan Zhu, Shein’s general counsel for Europe, Middle East and Africa (EMEA), was asked if the company sells products containing cotton from China, mainly from the Xinjiang region , where China has been … Read more
Prince Andrew, Duke of York, is facing scrutiny after being reported to police for allegedly using a false name to register a business. The 64-year-old prince is accused of operating under the pseudonym “Andrew Inverness” when he set up Naples Gold Limited in 2002, working with sports retail magnate Johan Eliasch. The complaint was filed … Read more
British businesses are heading into the new year in a gloomy mood. New chancellor Rachel ReevesThe increase in employer National Insurance Contributions (NICs) in his autumn budget will increase the cost of employing people, which is likely to impact both hiring and investment. Some sectors face specific challenges: the automotive industry, for example, still grapples … Read more
A committee of MPs has called for the government to be fined if it fails to provide redress quickly enough to victims of the Horizon software scandal, as its report says the Post Office spent at least £136m on legal costs. New legally enforceable deadlines for each stage of claims processing should be introduced, according … Read more
London’s Smithfield meat market is set to close after more than 800 years, with trading expected to cease permanently after 2028. The City of London Corporation, which manages the site, said on Tuesday its council had voted to shut down the Smithfield and Billingsgate fish market. The original plan had been to relocate the markets … Read more
Starting a trucking business is not like opening a store or restaurant. Before your trucking business can take off, you must meet specific requirements set by the government. It’s not just about figuring out how to attract customers and retain employees. So here is everything you need to accomplish before opening your trucking business. Acquire … Read more