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Alibaba Files Lawsuit Against US Over Pentagon Blacklist Inclusion

Alibaba has sued the US government to challenge its inclusion on a Pentagon blacklist alleging links to the Chinese military, calling the designation "arbitrary and capricious." The lawsuit follows the Pentagon's expansion of its blacklist to include major Chinese tech firms.

3 min read

A Decade Later: Unpacking Brexit’s Economic Impact on UK Trade and Investment

A decade after Brexit, UK trade and investment data reveal significant economic shifts, including reduced exports to the EU, business investment declines, and ongoing challenges for smaller exporters amid global disruptions.

10 min read

Economic Challenges Await the Next UK Prime Minister

Andy Burnham is poised to become the UK's seventh prime minister in a decade, facing persistent economic challenges including fiscal constraints, stagnant living standards, rising welfare costs, and housing shortages.

5 min read

Scotland Excludes Vape Shops from Business Rates Relief Amid Review

Scotland will exclude vape shops from business rates relief starting April 2027 amid an independent review of tax calculations following steep hikes affecting many firms.

4 min read

Millions in UK Eligible for £3bn Apple iCloud Compensation Claim

A UK class action lawsuit against Apple over iCloud services may allow 40 million users to claim part of a £3bn compensation fund if successful.

3 min read

StubHub UK Ordered to Refund Customers Over Hidden Ticket Fees

StubHub UK must refund over 50,000 customers and pay a £900,000 fine for illegal hidden ticket fees, following a CMA investigation into drip pricing practices.

3 min read

StubHub Fined £900,000 for Not Displaying Full Ticket Prices Upfront

StubHub has been fined £900,000 by the CMA for not showing full ticket prices upfront. Over 50,000 customers will receive refunds averaging £10 each.

1 min read

Oil Prices Drop After US Iran Sanctions Waiver and Progress in Swiss Peace Talks

Crude oil prices fell after the US waived Iran sanctions for 60 days amid progress in peace talks in Switzerland. Brent crude dropped 1.4%, while Asian stocks declined. The US and Iran agreed on a roadmap toward a permanent deal and mechanisms to reduce regional conflict.

2 min read

Millions of UK iCloud Users May Share £3bn in Apple Lawsuit After UK Approval

A UK class action lawsuit against Apple over iCloud alleges users were locked into costly services. Millions may claim part of a £3bn settlement if successful.

3 min read

California Drivers Sue Gas Stations Over Alleged AI-Driven Price Inflation

California drivers have filed a class action lawsuit against major gas station operators, alleging the use of AI to coordinate and inflate gas prices, violating state antitrust laws.

2 min read

Castlelake’s EasyJet Bid Lacks Shareholder Support and Full Value

Castlelake’s £4.7bn bid for easyJet faces skepticism due to its price and complex EU ownership structure. Founder Stelios Haji-Ioannou remains silent, leaving shareholder support uncertain.

4 min read

South East Water Names John Halsall as New Chief Executive

South East Water appoints John Halsall as new chief executive amid ongoing supply issues and regulatory scrutiny. Halsall pledges immediate customer focus and a £2.1bn investment programme to improve services.

2 min read