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Britain’s Co-op Group Says Retail Crime Cost it $105 Million in 2024
Apr 3 2025 // Britain’s Co-op Group said on Thursday that losses from shoplifting in its food retail business rose by over 14% to 80 million pounds ($105 million) in 2024, or more than half of its adjusted operating profit.The...
Is Britain on the Cusp of Another Multibillion-Pound Consumer Finance Scandal?
Apr 2 2025 // The Supreme Court of the United Kingdom will on Tuesday hear arguments to overturn a judgment that could cost Britain’s financial industry billions of pounds in fresh legal costs and potential customer...
Britain’s L&G Sells US Protection Unit to Japanese Insurer for $2.3 Billion
Feb 7 2025 // Legal & General said on Friday it would sell its U.S. protection business to Japan’s Meiji Yasuda for $2.3 billion in cash and said the Japanese firm would take a 5% stake in the British insurer, in the biggest...
City of London Hit Harder Than Rest of Economy Since Brexit Vote
Feb 3 2025 // The City of London, once considered the crown jewel of Britain’s dominant services sector, has performed even worse than the rest of the economy in the years following the Brexit referendum.Financial and insurance...
Britain’s Young Drivers Should Face Stricter Rules, Says CEO of AA Breakdown Service
Oct 17 2024 // Young British drivers who have just passed their test should be banned from carrying passengers of a similar age and should display special plates, according to the chief executive officer of the AA car breakdown...
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