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Tag: Business
Northvolt’s green dream dies—5,000 workers face chaos as battery startup implodes
Once hailed as Europe’s battery champion, Northvolt collapses under debt, job cuts, and lost investors.
Boohoo crisis: Fashion giant rebrands as Debenhams amid financial meltdown
Boohoo ditches its name after a 21% sales slump, hoping Debenhams’ legacy can save it from collapse.
Nationwide hands out £50 to 12 million customers after Virgin Money takeover
Nationwide will pay £50 to 12 million customers after its virgin money takeover, costing £600m.
Saxo Bank sold! Swiss giant J. Safra Sarasin snatches 70% stake in shocking takeover
Swiss banking powerhouse J. Safra Sarasin has taken over Saxo Bank in a dramatic 70% acquisition.
WH Smith’s high street stores face the axe—only two buyers left in brutal takeover battle
WH Smith’s historic high street chain is on the brink as buyers weigh drastic closure plans.