Ovo Energy has secured its brand from the company’s billionaire founder, Stephen Fitzpatrick, in a deal valued at £150 million.…
Lloyds Banking Group to shut another 136 UK high street branches
Lloyds Banking Group has revealed plans to shut another 136 branches, weeks after a policy allowing customers to do their…
Government ousts UK competition watchdog chair
The chair of the UK’s competition watchdog has been ousted by government ministers who felt that the Competition and Markets…
YTL Group Invests Billions in Brabazon & UK Projects
YTL Group Invests Billions into Brabazon to Accelerate the Project YTL Group has announced a £4billion package of investment across…
TNB subsidiary to develop 102MW solar projects in the UK
The projects are expected to operate by Q1 2024. Vantage RE, a wholly-owned subsidiary of Tenaga Nasional Berhad (TNB), has…
The Malaysian Scorpene Submarine Affair
Introduction The EUR 1.2 billion sale of French ‘Scorpène’ submarines to Malaysia in 2002, and the dubious commissions which accompanied…
UK imposes largest ever asset freeze on two Abramovich associates
LONDON, April 14 (Reuters) – Britain on Thursday sanctioned two close associates of Chelsea owner Roman Abramovich in response to…
Scandal Airbus: Indonesia Aircraft Deals
Introduction Airbus distributed millions in bribes to senior employees, former high-ranking military and government officials, or their family members in…
The Halal Meat Scandal- US & Egypt
INTRODUCTION In September 2023 an indictment of US senator and chairman of the US Senate Committee on Foreign Relations chair Robert “Bob”…
THE PERGAU DAM ‘ARMS FOR AID’ SCANDAL
INTRODUCTION In October 1993, a controversy erupted in London over whether the Thatcher government had used UK aid subsidies as…