Category : Search result: investor losses


Amazon sacks UK drivers, replaces them with AI

Amazon has terminated hundreds of its UK delivery drivers, citing the success of its new AI-powered 'Project Cornucopia' logistics system. The move has sparked outrage from unions and raised serious questions about the future of employment in the age of a

Bodycare Enters Administration, Shops to Close

UK retailer Bodycare, known for its discount health and beauty products, has collapsed into administration, putting hundreds of jobs at risk and triggering a wave of store closures across England and Northern Ireland.

Liz Truss 'Master Investor' Claim Sparks Mockery and Fury

Former PM Liz Truss faces a firestorm of criticism after branding herself a 'master investor' in a since-deleted tweet, just days after a scathing report blamed her for billions in pension fund losses during her disastrous mini-budget.

Spotted Cow Cookies Collapse: Yorkshire Bakery Folds

Yorkshire's beloved Spotted Cow Cookies has ceased trading, leaving 25 employees jobless and customers heartbroken. The family-run bakery, famed for its gourmet biscuits, succumbed to the relentless pressure of the cost-of-living crisis and soaring inflat

UK Lawsuit Hits Fox News & Newsmax Over Election Claims

A major UK-based financial backer is suing Fox News and Newsmax in a landmark High Court case, alleging massive financial losses due to the networks' promotion of baseless 2020 US election fraud claims. The lawsuit could set a precedent for media accounta

Australia's £15bn Gambling Addiction Crisis Exposed

Exclusive investigation reveals Australia's severe gambling crisis, with adults losing a staggering £15 billion annually. Discover the human stories behind the statistics and the urgent calls for reform.

Queensland trucking company collapses after 23 years

A major Queensland transport company with a 23-year history has entered liquidation, collapsing with massive debts and leaving dozens of employees without jobs in a severe blow to the region's freight industry.

Barefoot Investor's Road Trip Reveals Australia's Harsh Truth

Financial guru Scott Pape, the Barefoot Investor, shares the profound and unsettling truth he uncovered about modern Australia during an epic 40-day road trip with his children. His raw account reveals a nation grappling with a hidden crisis that will cha

Gay app founder posed as straight for £1M investment

The founder of a controversial gay dating app, who concealed his sexuality and pretended to be a married straight man to investors, is facing intense criticism after the platform's success, raising serious ethical questions about authenticity and trust in

22 Kids and Counting star quits family business

Sue Radford, matriarch of Britain's largest family, dramatically resigns from the family bakery following a series of devastating financial losses and mounting business pressures.

Bank of England Losses to Cost Taxpayers £200bn

A new report reveals the staggering cost of the Bank of England's quantitative easing programme, with taxpayers facing a bill of up to £200 billion, intensifying calls for a windfall tax on banks.

Victoria Beckham brand gets £20m loan as losses widen

Victoria Beckham Holdings Ltd receives a £20 million loan from investors, including her husband David, to stabilise the luxury brand after reporting increased losses of £5.9 million. Discover the brand's financial strategy and future plans.

Reeves's Budget Tax Raid to Decimate Hospitality Jobs

Exclusive analysis reveals Labour's planned VAT overhaul for private schools could trigger a devastating chain reaction, costing the hospitality sector more than 50% of its job losses and hitting family budgets hard.

Asia Shares Fall as Powell's Jackson Hole Speech Looms

Asian shares and European futures fall sharply as investors await Fed Chair Jerome Powell's key Jackson Hole speech. Markets brace for hawkish tones on US interest rates, with the FTSE 100 set for a lower open. Live updates on global market reaction and a

Prax Collapses: Lindsey Oil Refinery in Crisis

The future of the UK's Lindsey Oil Refinery is in jeopardy as owner Prax is pushed into administration following the discovery of severe financial irregularities, putting hundreds of jobs and national fuel security at risk.

River Island Supplier Collapses, 70 Jobs at Risk

Major fashion supplier to River Island, SRS Industries, enters administration, threatening 70 jobs at its Welsh facility. The insolvency experts from Leonard Curtis are now at the helm.

Entitled customer costs restaurant £1k weekly

A furious restaurant owner has revealed how one entitled customer's costly habit is draining £1,000 a week from their business. The shocking story has sparked outrage online.

Ukraine's Drone Strike Wipes Out Russian Platoon

Shocking drone footage captures the moment Ukrainian forces annihilate a Russian platoon, destroying a personnel carrier and picking off soldiers in a devastating blow to Putin's military advances.

DJK Transport collapses into liquidation

DJK Transport, a major UK haulage firm, has entered liquidation, putting hundreds of jobs in jeopardy. The company's financial struggles have led to its sudden downfall, leaving employees and clients in shock.

Scherzinger musical loses producers £4.5m

Nicole Scherzinger's highly anticipated West End musical 'Sunset Boulevard' has left producers £4.5 million in the red, as audiences and critics deliver a brutal verdict.

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