Category : Search result: financial news


Burnley Sue Everton for £50m in Relegation Legal Battle

Burnley FC initiates a staggering £50 million lawsuit against Everton, alleging financial misconduct led to their relegation. The legal battle, set to commence in two years, follows the Toffees' historic points deduction for breaching Premier League spend

FCA: UK Finance's Old Tech Poses 'Significant' Risk

The UK's Financial Conduct Authority has raised a major red flag, revealing that a large portion of the nation's finance sector is dangerously reliant on outdated technology, posing a severe threat to operational resilience and consumer protection.

Cashrewards Shuts Down: Urgent Warning for Australians

Cashrewards, a major Australian cashback platform, has abruptly ceased operations. Customers are urgently advised to withdraw their funds as the company enters administration, sparking concerns over unpaid cashback and member balances.

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

Trump Business Empire Hit by Severe PMI Crash

A closely watched survey reveals a dramatic downturn in the business health of companies linked to Donald Trump, with a key performance metric collapsing to its lowest level in months, signalling severe financial distress.

Kate Lawler Reveals Family's Financial Struggle

Former Big Brother winner and radio presenter Kate Lawler opens up about the financial strain of parenthood and the hidden costs of raising a child in today's economy, sparking a wave of support from fellow parents.

Why Britain Isn't Ready to Ditch Cash

As the UK races towards a cashless future, a growing movement of consumers, experts, and activists are pushing back. Discover the compelling financial, psychological, and societal reasons why cold, hard cash isn't ready for the history books just yet.

Guardiola's Fury: Blasts Rooney Over Man City Comments

Manchester City manager Pep Guardiola has launched an extraordinary attack on Wayne Rooney, branding his comments about the club's financial charges 'not appropriate' and defending City's on-pitch legacy.

Liverpool Plot £100m Swoop for Newcastle's Isak

Exclusive: Liverpool are reportedly preparing a massive summer bid for Newcastle United's prolific striker Alexander Isak, with a potential fee nearing £100 million as the Magpies face Financial Fair Play pressures.

Council's £10k error becomes couple's dream windfall

A Scottish couple received an unexpected £10,000 from their council for home improvements - and were told to keep it after officials admitted the grant was sent in error. Discover how this bureaucratic blunder became their blessing.

Gambling addict's £70k loss left family on £40 a week

A UK father's life spiralled into chaos as a secret gambling addiction consumed £70,000, forcing his family to survive on just £40 a week. His powerful story is a stark warning about the hidden dangers of online betting.

Wendy Williams' TV Return Blocked By Controversial Guardianship

Wendy Williams' planned television comeback has been abruptly halted amid a controversial legal guardianship. insiders reveal the talk show legend is fighting to speak out against the court-imposed arrangement controlling her life and finances.

Ex-Stripper: 17 Priests Paid Me £273K As Sugar Baby

A former stripper turned secret sugar baby alleges she received over a quarter of a million pounds from 17 Catholic priests before her arrest. The scandal rocks the church as police investigate financial misconduct and hypocrisy claims.

Spirit Airlines Warns of Potential Bankruptcy

US low-cost airline Spirit Airlines warns of potential bankruptcy, citing financial strain from grounded aircraft and fierce competition, just months after a blocked merger with JetBlue.

UK Bank Shares Plunge on Budget Windfall Tax Reports

UK banking stocks suffered a dramatic sell-off following reports that Rachel Reeves is considering a new windfall tax on lenders in the upcoming autumn budget. The proposal, aimed at funding national priorities, sent shockwaves through the financial secto

Dr Phil's Bankruptcy Scheme Exposed in Leaked Texts

Shocking leaked messages reveal TV's Dr Phil McGraw promoting a controversial 'personal bankruptcy' scheme to influencers, promising financial freedom while facing potential legal scrutiny.

Sydney mother accused of $1.2M NDIS fraud scheme

A Sydney mother stands accused of orchestrating a sophisticated fraud against the National Disability Insurance Scheme, allegedly siphoning over $1.2 million to fund an extravagant lifestyle of luxury holidays and designer goods while claiming carer payme

FCA Reviews Rules as Top Enforcer Joins Hedge Fund

The Financial Conduct Authority launches an urgent review into its conflict of interest policies after its former head of enforcement, Therese Chambers, takes a senior role at a US hedge fund, raising serious concerns about the City's 'revolving door' cul

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