Finance News – U.K.
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Poundland sold for £1 with shops set to close
The acquisition of Poundland for a nominal fee highlights financial challenges, with plans to shut around 100 of its 825 UK outlets as the new management restructures operations.
Read Full Article →WPP races to harness AI before the technology kills its business
WPP’s leadership is urgently integrating artificial intelligence into its operations to remain competitive, as concerns grow over the potential impact of new technologies on its lo...
Read Full Article →The third-generation chemical firm proving that family businesses can be global traders
ReAgent Chemical Services has grown steadily over generations, demonstrating how a family-owned company can expand internationally and achieve significant economic impact in the ch...
Read Full Article →UK trade secretary says ‘essential steps’ happening ‘at pace’ to turn UK-US tariff pact into deal –...
Progress in UK-US tariff negotiations and Germany’s approval of a substantial tax relief package have positively influenced financial markets, promoting business investment and con...
Read Full Article →Buyout firm EQT revs up £500m bid for World Rally promoter
EQT Partners is preparing a substantial investment proposal aimed at acquiring the company behind the World Rally Championship, reflecting significant valuation interest in the spo...
Read Full Article →UK industrial strategy must deal with high energy costs, business warns
Lobby groups urge the government to address rising energy expenses in the forthcoming industrial strategy to help businesses manage operational costs and maintain competitiveness a...
Read Full Article →Reeves inheritance tax raid to cost ‘staggering’ 200,000 jobs
The recent adjustments to inheritance tax policies are projected to threaten over 200,000 positions within the next five years, significantly affecting family-operated enterprises...
Read Full Article →Crypto deals in sport up 20 per cent to over £400m
Investment from blockchain-related companies in sports sponsorships has grown by one-fifth, reaching more than £400 million, largely fueled by increased activity within the footbal...
Read Full Article →Steven Bartlett: Dragons’ Den star signs the ‘biggest deal of my life’
Steven Bartlett has made a significant financial commitment by acquiring a substantial equity stake in the Los Angeles-based technology company Stan Store, marking an important inv...
Read Full Article →OnlyFans owner in talks to sell UK-based adult content platform for £5.9bn
The potential transaction involving a prominent subscription platform valued at £5.9 billion highlights significant investor confidence in its strong annual revenue generation of a...
Read Full Article →Pepco to sell off Poundland business by September – for £1
Pepco plans to divest its struggling discount retail segment by September, reflecting ongoing revenue declines and increased operational expenses that have negatively impacted the...
Read Full Article →Liz Truss: UK’s shortest-serving PM rakes in the cash
Following her tenure as Prime Minister, Liz Truss has experienced a notable increase in income, generating £112,657 through a company established with her spouse in the year ending...
Read Full Article →Reeves’ tax hikes are ‘death blow to London,’ Britain’s richest warn
Recent tax policy changes under Chancellor Reeves have prompted concerns among wealthy individuals, as increased levies may influence business leaders to relocate, potentially impa...
Read Full Article →Trump touts 'record' Boeing-Qatar Airways deal
The agreement with the state-owned carrier represents a major commercial transaction that could help Boeing strengthen its market position and drive significant revenue growth in t...
Read Full Article →Couriers Evri and DHL merge to form UK delivery giant
The combination of two major courier companies aims to enhance their market presence and operational efficiency, potentially increasing revenue and competitiveness within the UK de...
Read Full Article →‘Richard Branson told me not to start my business’: Gravita CEO Caroline Plumb
Caroline Plumb’s journey as a serial entrepreneur highlights the challenges and financial risks involved in launching new ventures despite advice from established industry figures.
Read Full Article →What a trade deal with India means for the UK
The new agreement between the UK and India is expected to enhance bilateral trade, potentially boosting economic growth and opening opportunities for businesses across various sect...
Read Full Article →Papa Johns to serve up profit after closing over 40 sites
Following the closure of numerous locations last year, the company’s leadership indicated that improved financial results are expected, with profitability anticipated to resume in...
Read Full Article →OpenAI says non-profit will remain in control after backlash
The decision ensures that the original organization retains oversight, which could impact investment strategies and long-term funding stability amid recent leadership conflicts wit...
Read Full Article →Amazon row proves Trump’s America is an unreliable partner for business
The dispute highlights growing uncertainty for companies operating under current policies, where political considerations increasingly influence economic decisions and strategic pl...
Read Full Article →US asks judge to break up Google’s ad tech business after requesting Chrome sale
The US government's request for the breakup of Google's ad tech business follows a legal ruling that identified the company as holding an illegal monopoly, highlighting concerns ab...
Read Full Article →Meet the best friends behind fast-growing Castore rival Montirex
Montirex, a rapidly growing sportswear brand, anticipates a significant increase in sales and profits, projecting a turnover of approximately £130 million for 2025, reflecting subs...
Read Full Article →McDonald’s and General Motors say Trump’s tariff war is harming business
Both McDonald's and General Motors experienced financial setbacks attributed to tariff-related uncertainty, with the fast-food chain reporting a 3.6% decline in sales and the autom...
Read Full Article →Denise Coates gets her timing right again at Bet365 | Nils Pratley
The potential for UK and Irish gambling companies to succeed in the expanding US market may increase with strategic partnerships or acquisitions of American businesses amidst evolv...
Read Full Article →British men urged to join ‘Dad strike’ calling for more paternity leave
The planned protest by fathers in London aims to raise awareness of the limited paternity leave in the UK, potentially influencing government policy and economic support for famili...
Read Full Article →Trump tariffs cause fastest slump in British factory export orders in five years – business live
The recent decline in British factory export orders highlights significant challenges for manufacturers, driven by rising costs and trade uncertainties, particularly related to US...
Read Full Article →Mowgli Street Food returns to profit as it creates over 100 jobs
Mowgli Street Food, led by Nisha Katona, has achieved a pre-tax profit of £512,178 for the year ending July 31, 2024, while generating over 100 new job opportunities.
Read Full Article →IoD: Business leaders remain frustrated with Reeves
A recent survey indicates that UK business leaders are increasingly pessimistic about wage growth and facing high costs, which may lead to ongoing frustrations with Chancellor Reev...
Read Full Article →Trump tells business chiefs he needs 'little bit of time' as US economy shrinks
The president seeks additional time to address economic challenges following a quarterly GDP decline, attributing responsibility to the previous administration's policies.
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