Finance News – U.K.
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WPP boss quits as advertising giant struggles with AI upheaval
Mark Read’s departure from the UK-based advertising firm comes amid a significant decline in its market value over seven years, highlighting financial challenges linked to emerging...
Read Full Article →Triumphing under Trump: the corporate winners and losers
Since the US president’s inauguration, various multinational corporations have experienced differing financial outcomes, with some achieving substantial growth while others faced s...
Read Full Article →Thames Water creditors line up McTighe to spearhead rescue deal
A leading restructuring expert is being considered to lead a complex financial turnaround for Thames Water following the withdrawal of its initial preferred investor in the multibi...
Read Full Article →The Guardian view on Labour’s competition policy: don’t let big tech set the agenda | Editorial
Shifts in regulatory priorities towards fostering growth over stringent competition enforcement may affect market dynamics, potentially influencing investment patterns and the broa...
Read Full Article →Org Group acquires UK tech recruitment firm in global expansion
The acquisition of the Manchester-based recruitment company enhances Org Group’s international reach and service offerings, potentially increasing revenue streams and market compet...
Read Full Article →Construction firm insolvencies rise to fresh high amid rising costs
An increasing number of construction companies have faced financial failure recently due to escalating expenses, leading to a record level of insolvencies and signaling significant...
Read Full Article →Financial markets have become a bulwark against populist excesses | Phillip Inman
Global financial markets are responding to electoral shifts and populist movements, demonstrating a protective stance against radical economic changes proposed by some political le...
Read Full Article →Struggling Aston Martin steers into fresh pay controversy
Aston Martin faces financial challenges related to tariffs affecting the automotive industry, leading to increased tensions over executive compensation and shareholder expectations...
Read Full Article →NatWest sees profits rise by 36% as privatisation looms
NatWest Group reported a 36% increase in first-quarter profits, signaling improved financial performance as it moves towards full privatization following the 2008 financial crisis...
Read Full Article →Get ready for a corporate rush for cash
If current tariffs persist, American businesses may face significant financial pressures, necessitating increased efforts to secure funding to manage their operational expenses eff...
Read Full Article →Apple braces for $900m blow from Trump tariffs
Apple is expected to face significant financial impact from new tariffs imposed by the Trump administration, although key electronics, including iPhones, remain exempt from the add...
Read Full Article →Drax abandons AGM after confrontation with green activists
Drax's cancellation of its annual shareholder meeting due to activist protests highlights potential risks to its corporate reputation and investor relations, impacting its financia...
Read Full Article →GM to deploy ‘Covid playbook’ to offset $5bn tariff hit
General Motors is adjusting its profit projections due to anticipated financial impacts from tariffs, which could amount to $5 billion, while implementing strategies used during th...
Read Full Article →Week in Business: The billionaires backing Britain
Prominent business leaders, including BlackRock's CEO and Virgin's founder, have recently made significant contributions to discussions surrounding investment strategies and econom...
Read Full Article →HSBC on hunt for new chair as Mark Tucker to retire by year-end
HSBC is seeking a successor for Mark Tucker, who will retire by the end of 2025, potentially impacting leadership and strategic direction during a period of significant financial o...
Read Full Article →Losses widen at Gary Neville’s university UA92
University Academy 92, founded by Gary Neville and others, reported a pre-tax deficit of £2.2 million for the year ending July 31, 2024, indicating worsening financial challenges.
Read Full Article →Tesla's board looking for Elon Musk's successor as CEO - reports
Tesla's board has initiated the process of finding a new CEO, which could impact the company's leadership stability and influence investor confidence and stock performance in the f...
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