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Tag: Business
BMW’s £600mn electric Mini investment halted amid industry turmoil
BMW's decision to pause its £600mn investment in electric Mini production at Oxford's Cowley plant raises concerns
UK banks hit with £100m penalty for shocking market manipulation
Four major banks face massive fines after traders were caught secretly exchanging bond market data.
Lloyds hit hard: Bank sets aside £1.2bn for car loan scandal payouts
Lloyds nearly triples its provision for car finance mis-selling to £1.2bn, slashing annual profits.
Retail disaster: Quiz shutters 23 shops as customers abandon high street
Quiz shuts down 23 UK and Ireland stores, including Maidstone’s Fremlin walk branch, after insolvency.
HSBC ditches climate goals—CEO bags £9m bonus while net zero pushed back 20 years
HSBC weakens climate targets, delays net zero by 20 years—CEO gets £9m bonus as green goals shrink.