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Dundee Construction Firm Alexander Oastler Ltd Enters Liquidation After 163 Years

Alexander Oastler Ltd, a Dundee joinery specialist founded in 1863, has entered liquidation with 23 job losses due to challenging trading conditions and rising costs.

2 min read

Google The entrance and yard of a construction company. A van is in the foreground with the name Oastler on the side. Pallets and wood are in the yard

Asos Seeks £7m US Tariff Refund Amid Surge in Claims Following Court Ruling

Asos seeks £7m refund from US tariffs after Supreme Court ruling overturns Trump-era duties. The company reports reduced losses amid ongoing challenges and a new refund portal opens for hundreds of thousands of businesses.

3 min read

AFP via Getty Images An illustration with a laptop and mobile phone shows the website of online fashion retailer ASOS on August 12, 2021.

Cloudsmith Secures £50m Investment to Boost Hiring and Software Growth

Cloudsmith, a Belfast-based software firm, has secured a £50m investment led by US venture capital firms to expand hiring and accelerate development, moving closer to unicorn status amid AI-driven software growth.

2 min read

Getty Images A person, pictured from behind, sitting at a desk. There is a computer and two laptops in front of them. They have short brown hair and are wearing a dark green shirt and black headphones.

UK Borrowing Slightly Below Forecasts; Oil Surges Above $100 Amid Hormuz Strait Tensions

UK government borrowing fell slightly below forecasts in the fiscal year ending March, while oil prices surged above $100 amid ongoing tensions and blockades in the Strait of Hormuz due to the Iran conflict.

5 min read

Rachel Reeves, UK Chancellor of the Exchequer.

UK Government Borrowing Drops by Nearly £20bn in Year to March

UK government borrowing fell by nearly £20bn in the year to March, reaching £132bn and marking the lowest borrowing since 2019-20, as increased receipts offset higher spending.

1 min read

Getty Images People walking in front of the Houses of Parliament in London

Retail Investment Needs a Boost, But Savvy Squirrel Campaign Feels Too Mild

The UK’s new Savvy Squirrel campaign aims to boost retail investing but faces criticism for its cautious approach and generic mascot, despite strong evidence supporting investment over cash savings.

3 min read

A CGI red squirrel wearing a blue Hawaiian shirt while holding a cocktail by a pool

How Jenny Lennick’s Food-Themed Hair Accessories Sparked Business Growth

Jenny Lennick transformed her San Francisco-based brand Jenny Lemons by pivoting from food-themed clothing to quirky, plant-based hair accessories, achieving $2m revenue and a loyal customer base despite challenges like tariffs and knockoffs.

7 min read

Jenny Lemons Jenny Lennick smiles at the camera. She is wearing glasses and a top with a strawberry pattern

Sunak Urges Ending Jobs Tax to Boost Worker Hiring Amid AI Impact

Former PM Rishi Sunak urges abolishing National Insurance to boost hiring amid AI's impact, advocating tax shifts to corporate profits and highlighting UK's AI leadership.

3 min read

BBC Former Prime Minister Rishi Sunak wears a dark suit jacket and light blue shirt

Northern Ireland Energy Prices May Remain High Through Winter Amid Iran Crisis

Northern Ireland faces sustained high household energy prices into winter due to the Iran crisis, with heating oil costs up 80%. Supply chain delays and rising wholesale prices may reverse recent gas price cuts. The £100 heating grant faces criticism for inadequacy.

2 min read

Getty Images Someone is holding their hand against a radiator. Their face cannot be seen. The radiator is white and the person is wearing a yellow jumper and navy bottoms.

Trump Family’s World Liberty Crypto Firm Sued for Alleged Extortion by Billionaire Backer

The Trump family's World Liberty crypto venture is sued by billionaire Justin Sun over alleged extortion, token freezing, and threats to destroy his holdings amid claims of fraud and mismanagement.

3 min read

Getty Images Justin Sun in black blazer and black T-shirt, with small beige microphone and ear piece in front of red background

Lufthansa Cuts 20,000 Summer Flights Amid Rising Jet Fuel Costs

Lufthansa will cut 20,000 short-haul summer flights due to soaring jet fuel prices amid Middle East conflict, impacting routes across Europe while maintaining long-haul services.

2 min read

Getty Images Parked Lufthansa aircraft are lined up at Frankfurt Airport on April 13, 2026.

Xbox Lowers Game Pass Prices but Delays New Call of Duty on Day One

Xbox reduces Game Pass prices after six months but delays new Call of Duty games on day one, sparking mixed fan reactions and signaling strategic shifts under new leadership.

4 min read

Activision An in-game screenshot from Call of Duty: Black Ops 7, showing two men holding guns against a red skyline.

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