Tag results for: Administration

UK airline on the brink of collapse – London Business News | Londonlovesbusiness.com

A UK airline which flies to destinations across Britain has filed a notice to appoint administrators which will affect more than 1 million passengers. Eastern Airways which has around...

North Sea oil and gas firm set for administration – London Business News | Londonlovesbusiness.com

Oil and gas company Petrofac is set to go into administration and thousands of jobs are at risk in the firms North Sea hub in Scotland. Petrofac employs more...

Pizza Hut restaurants collapse into administration – London Business News | Londonlovesbusiness.com

Pizza Hut has collapsed into administration putting 1,723 jobs at risk and 68 restaurants are at risk. Piza Hut UK restaurant business said 68 dine in venues are to...

Trump administration official says some CHIPS Act companies won’t need to give up equity

Last week, the Trump administration said it might take a stake in Intel in exchange for the $10.86 billion in federal grants the company is receiving from the...

The government has created the perfect storm as nearly 1 million small businesses face closure – London Business News | Londonlovesbusiness.com

National Insurance increases, reduced business rates relief and a stubborn inflation rate. The first change of UK government in 14 years has seen the UK’s 5.5 million small...

MP tells Starmer to ‘stop fiddling’ and put ‘Thames Water into special administration’ – London Business News | Londonlovesbusiness.com

Collapse of KKR’s rescue deal for Thames Water is “a reckoning” that “exposes the bankruptcy of the privatised water model” an MP told the House of Commons on...

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LG to unveil a canvas-style TV at CES 2026

LG will unveil a canvas-style art TV, dubbed the LG Gallery TV, at CES 2026. The new model will be offered in 55-inch...

This new technique can generate AI videos in just a few seconds

Researchers have unveiled a new AI video generation technique called TurboDiffusion that can create synthetic videos at near-instant speed. It can generate AI...

The amount of AI slop and brainrot videos on YouTube is shocking

A new study by Kapwing has says that a huge volume of videos circulating on YouTube are brainrot content and ‘AI slop’: a...

WhatsApp update for early adopters offers a smarter way to clear storage

If you’ve checked your iPhone storage only to find that WhatsApp is quietly squatting on several gigabytes, the platform is now testing a...