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Property tax rise puts 120000 high street jobs at risk Property tax rise puts 120000 high street jobs at risk

Business

Industry groups say Chancellor Rachel Reeves’s £1.7bn property tax plan could accelerate closures of major shops, hotels and restaurants across the UK. Retail and...

North Sea energy firm Petrofac files for administration North Sea energy firm Petrofac files for administration

Business

Oil and gas engineering giant Petrofac has entered administration following contract losses and financial strain, but says its North Sea operations will continue as...

Quadrant department stores close after 144 years of trading Quadrant department stores close after 144 years of trading

Business

Two of Essex’s best-known department stores have closed their doors for the final time after 144 years in business. Quadrant, which ran stores in...

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M&S drops Indian IT outsourcer TCS

Business

Marks & Spencer has ended its technology helpdesk contract with Tata Consultancy Services (TCS) following a cyber attack that cost the retailer an estimated...

Florida Real Estate Fraud Case

Scandal

In Florida’s Hendry County, a fraud case has emerged that reveals not only the vulnerabilities of individual families but also the wider risks that...