CITY

CITY

Petrofac goes bust: Around 2,000 jobs in Scotland are at risk after North Sea oilfield services group Petrofac filed for administration, says Philip Georgiadis in the Financial Times. The trigger was

It’s been a tough two decades for UK-listed firms. BP, Shell and HSBC have dropped out of the ranks of the world’s largest listed companies. Britain’s current largest firm, AstraZeneca, doesn’t even m

Ford is not the force it once was in Europe. In the past 10 years, the American giant has gone from being the second-biggest car brand in Europe (after Volkswagen), with sales of just over one million

During the pandemic, profits across the global luxury sector jumped as consumers, unable to spend their disposable income elsewhere, splashed out on high-end purchases. This pulled forward a lot of de