How to deal with late payment

We explore the extent of the issue and speak to two entrepreneurs about their experiences At the moment, if both parties agree on a date, the payment term is normally within 30 days for public authorities and 60 days for…

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French wine industry facing historic low harvest after extreme summer heat

At about 35m hectolitres, the total harvest would be down 2% on a mediocre 2025 yield and 14% below the 2021-2025 average, according to estimates published on Wednesday by the ministry of agriculture. The International…

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Former City traders’ fraud convictions overturned

The five investment bankers, who previously worked at Barclays, had their convictions quashed having served jailtime for conspiring to rig the now-defunct interest rates in the run-up to the financial crisis. The…

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Ex-Barclays traders jailed for rigging interest rates have convictions quashed

The court overturned the convictions of Jay Vijay Merchant, Jonathan Mathew, Philippe Moryoussef, Alex Pabon and Colin Bermingham – all of whom worked at Barclays . Their acquittals on Wednesday came just over a year…

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Canada’s Weston family buys Boots for $8.9bn

The acquisition of the Nottingham-headquartered chain, which has 1,800 stores across the UK and employs 50,000 people, is also being backed by the investment firm Fairfax, which owns The Sporting Life Group and Sleep…

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The Kaare Klint building refashioned as Copenhagen’s coolest new hotel

For three days, this annual showcase transforms the capital into a temporary showroom, making the collaboration with Petra particularly fitting, given it’s a project from Danish design powerhouse &Tradition, which has…

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Saudi Arabia still open to sport investing, insists PIF, despite drastic cutbacks

“The model has shifted from fully government-backed subsidised events that are done for different purposes and more of a sustainable model that lives in real-world economics,” Sheraiff told the sports industry conference…

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Royal Mail to cut thousands of jobs in sweeping overhaul

The group, which was bought off the London Stock Exchange by Czech billionaire Daniel Kretinsky in 2024 , unveiled plans for what it called a “significant transformation” of the business that would lead to a significant…

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South West Water owner taps investors to fix infrastructure after sewage spills

Shares in the utility company, which supplies water to about 3.5 million customers across the south-west of England, as well as 380,000 business customers around the UK, tumbled in response to the announcement, making…

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The big buy-to-let exodus – is it worth being a landlord anymore?

Per day, 562 homes left the sector on average, the highest rate since 2016, the analysis suggested. Try 6 free issues of MoneyWeek today Get unparalleled financial insight, analysis and expert opinion you can profit…

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