Finance News – U.K.
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Finance firms’ claim to be ‘saving the world’ was a mistake, says City veteran
Some financial firms may face legal challenges after overstating their impact on sustainability, potentially undermining investor trust and affecting the valuation of pension and i...
Read Full Article →M&S CEO: ‘vast majority of cyberattack impact will be behind us by August’ – business live
Despite ongoing geopolitical tensions and tariff impacts, recent data indicates steady demand recovery and sales growth within retail and production sectors, suggesting cautious op...
Read Full Article →Macquarie to inject £1.2bn into struggling Southern Water
The £1.2 billion investment from Macquarie aims to support Southern Water’s financial stability and ensure continued compliance with regulatory requirements while enabling planned...
Read Full Article →Political Currency podcast maker Persephonica triples in value
Persephonica, known for producing Political Currency, experienced significant financial growth last year, with its net assets increasing by over three times compared to the previou...
Read Full Article →Government pledges to back UK fintech with regulation overhaul
The government’s planned regulatory changes aim to reduce compliance costs for fintech companies, potentially enhancing investment opportunities and accelerating growth within the...
Read Full Article →Manufacturers fear Labour government will ‘derail growth’
Recent data indicates a decline in manufacturing output during June, prompting business owners to assess growth opportunities amid new government policies targeting key industrial...
Read Full Article →BBC-owned Inside the Factory maker rakes in millions
The production company acquired by the BBC in 2022 experienced a substantial increase in revenue, reaching £14.2 million in the latest financial year compared to £8.9 million previ...
Read Full Article →When the president wants a ‘low rates guy’
The president’s preference for someone who supports lower interest rates reflects potential shifts in economic policy that could impact borrowing costs and overall financial market...
Read Full Article →Manchester Airports Group takes off amid expansion drive
Manchester Airports Group experienced substantial financial growth this year, marked by increased passenger numbers and higher earnings, as it continues investing heavily in expand...
Read Full Article →Great Britain’s energy networks to get £24bn upgrade but bills to rise
The authorized multi-billion-pound improvements to the electricity and gas infrastructure are expected to enhance energy capacity, although consumers will likely experience higher...
Read Full Article →Eurozone inflation rises to ECB’s 2% target
The recent increase in the Eurozone's inflation to the central bank's desired level suggests that borrowing costs may remain stable in the upcoming monetary policy session.
Read Full Article →Sainsbury’s boss warns over retail taxes after ‘high impact’ NI rise
The increase in national insurance contributions has notably affected employment costs in the retail sector, prompting concerns about potential tax rises that could impact business...
Read Full Article →Andrew Bailey warns investment delays hitting UK growth
Andrew Bailey indicated that postponing business expenditures amid international uncertainties may negatively affect the expansion of the United Kingdom’s economy in the near futur...
Read Full Article →UK house prices fall by most in more than two years
The reduction in property values amid decreased buyer interest following tax changes highlights a temporary cooling in the UK housing market, potentially affecting investment and l...
Read Full Article →Eon: UK sales suffer £800m slump as prices fall
Eon’s UK division experienced a substantial decrease in revenue in 2024, with turnover dropping by over £800 million compared to the previous year due to declining wholesale energy...
Read Full Article →Sweet success for Haribo as sales hit new record
Haribo’s UK division experienced continued growth in 2024, with increased revenue and profit reflecting a strong financial performance compared to the previous year’s figures.
Read Full Article →From deathbed to boardroom: Omaze CEO reveals how flatlining changed him forever
Matt Pohlson’s near-death experience inspired a transformative approach that has significantly impacted Omaze’s growth and disrupted the luxury real estate industry on a global sca...
Read Full Article →Surj Sports chief: Saudi parent PIF, investing and league focus
The involvement of Saudi Arabia’s Public Investment Fund in sports has intensified global financial interest, influencing investment patterns and strategic directions within major...
Read Full Article →FCA ‘concerned’ over number of takeovers leaked to press
The regulatory body highlighted that premature disclosure of takeover information can impact market integrity by causing price fluctuations influenced by early reports rather than...
Read Full Article →Government calls for investigation as Lindsey refinery owner folds
The collapse of the company managing the Lindsey refinery has raised concerns about potential economic impacts, including job losses and disruptions to oil supply chains, prompting...
Read Full Article →Sunny spring boosts sales at Sainbury’s
Sainsbury’s experienced a notable increase in both grocery and non-food sales during the spring period, contributing to overall revenue growth that outpaced the broader supermarket...
Read Full Article →Ofgem gives green light to landmark electric grid upgrade
The approval of a £24 billion investment by the UK regulator marks a major financial commitment to modernize energy infrastructure, supporting the country’s shift toward sustainabl...
Read Full Article →Japan digs in on rice and cars as US trade talks stall
Ongoing trade discussions between the US and Japan remain unresolved, with tensions rising over automotive exports and agricultural products, potentially impacting tariffs and bila...
Read Full Article →British overseas territories miss final deadline to crack down on ‘dirty money’
The failure of certain island jurisdictions to implement required ownership disclosure rules may undermine efforts to prevent illicit financial flows and impact regulatory confiden...
Read Full Article →Stock markets shrinking: where could investors turn for growth?
With a significant reduction in publicly traded companies, investors are increasingly exploring private market opportunities, which now allow for smaller, more accessible investmen...
Read Full Article →Fall in number of people struggling to pay energy bills
The recent survey indicates that fewer individuals in Northern Ireland are experiencing difficulties in managing their electricity and gas expenses compared to previous years.
Read Full Article →Food prices pushed up by hot weather hitting harvest yields, say UK retailers
The recent increase in temperatures has led to lower crop yields, causing fruit and vegetable costs to rise and significantly influencing the overall growth in food price inflation...
Read Full Article →To all who think capitalism can drive progressive change, it won’t – and here’s the shocking proof |...
Aberdeen Group’s abrupt termination of a long-standing fund dedicated to inequality research highlights potential shifts in corporate priorities that may affect future investment i...
Read Full Article →Gousto ‘never better’ after cutting losses by over £50m
Gousto has significantly improved its financial position in 2024 by reducing its pre-tax deficit to £20.3 million, following a substantially higher loss reported in the previous ye...
Read Full Article →Steel industry demands rapid resolution to tariff uncertainty
The continued uncertainty over export tariffs is causing significant financial strain on steel producers, affecting their competitiveness and investment decisions despite progress...
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