October 25, 2021


Petrofac, the London-listed oil group, will this week unveil plans to tap shareholders in a £180m fundraising that will be used in part to pay a Serious Fraud Office (SFO) fine for bribery offences.

One of Britain's biggest fund managers is in advanced talks to acquire a division of one of its smaller rivals in a deal that will take its assets under management across the £750bn threshold.

Tesla's market capitalisation passed $1trn on Monday after its shares surged following a deal with car rental company Hertz which has ordered 100,000 new electric vehicles from the manufacturer.

Facebook groups can be "dangerous" because they use algorithms that "take people who have mainstream interests and push them to extreme interests", a whistleblower has told MPs.

The chancellor is set to increase the national living wage to £9.50 in Wednesday's budget.

Restaurant owner The Big Table Group is planning to open 50 new sites in a move that will create 1,250 jobs.

Petrol prices have hit a record high across the UK in what the RAC has described as a "truly dark day for drivers".

The government is not doing enough to train workers for the jobs needed to reach its net zero goals, a group of MPs has warned.

HSBC has posted a 74% rise in third quarter profit, with its chief executive saying "the lows of recent quarters are behind us".

Users of the Tesco website and app are experiencing disruption following an "attempt to interfere" with the system, the retail giant has said.

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