Finance News – U.K.
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Government to pay more for wind generated energy
The government has raised the payment cap for electricity produced by wind farms, potentially increasing revenue for renewable energy producers and encouraging further investment i...
Read Full Article →Tesla pledges to make cheaper cars as problems mount
Tesla's decision to focus on more affordable vehicles comes amid declining earnings influenced by increased tariffs and reduced government incentives for electric cars in the Unite...
Read Full Article →EU fails to reduce 50% steel tariff in outline trade deal with US
The continuation of high tariffs on steel exports to the US poses a substantial financial burden on European producers, potentially leading to significant revenue losses amid compe...
Read Full Article →Starbucks’ CEO made 6,666 times more than his workers in 2024
In 2024, the compensation disparity between Starbucks’ highest executive and typical employees widened significantly, highlighting increasing income inequality within the company c...
Read Full Article →Tesla shares fall as Trump says he wants Musk to ‘thrive’
Tesla's stock declined following a significant decrease in second-quarter earnings, highlighting investor concerns despite positive remarks from a prominent political figure.
Read Full Article →European Central Bank keeps interest rates on hold despite sluggish growth
By maintaining current borrowing costs, the European Central Bank signals caution amid modest economic expansion and inflation, potentially affecting investment decisions and finan...
Read Full Article →Jonas Martensson: Minecraft guru on new role with LIV Golf and Cleeks GC
Jonas Martensson’s transition to a leadership position in LIV Golf and Cleeks GC highlights potential new investment opportunities and strategic growth within the emerging sports a...
Read Full Article →Wise is bundling co-founder’s enhanced voting rights into ballot on US listing. It deserves to lose...
The proposal to change Wise’s main stock market to the US, combined with giving its co-founder stronger voting influence, could significantly affect shareholder control and the com...
Read Full Article →Fears UK gas stockpile to drop for winter as British Gas owner plans sell-off
Centrica’s decision to liquidate stored gas at the North Sea facility aims to limit ongoing financial losses, potentially resulting in reduced energy reserves in the UK ahead of th...
Read Full Article →UK firms cutting staff at fastest pace since February as economy struggles
Rising taxation and international trade tensions are prompting UK companies to reduce their workforce rapidly, impacting overall economic growth and business investment levels, acc...
Read Full Article →Trade war uncertainty prompts halt to eurozone rate cuts
The European Central Bank paused its series of interest rate reductions amid concerns that escalating trade tensions with the United States could negatively impact economic stabili...
Read Full Article →A profit boost for Lloyds, working mums and a trade deal with India
The recent agreement between the UK and India is expected to positively impact Lloyds' financial performance and offer economic benefits to working mothers by enhancing trade oppor...
Read Full Article →Starmer and Modi Sign £6bn India-UK Trade Deal
The new agreement is expected to reduce export costs for British automotive and beverage industries, potentially increasing trade volume and economic cooperation between the UK and...
Read Full Article →Starmer and Modi hail ‘historic day’ as UK-India trade deal is signed
The newly established agreement between the UK and India is expected to enhance economic growth by nearly £5 billion annually and stimulate investment worth approximately £6 billio...
Read Full Article →Starmer and Modi sign £6bn India-UK trade deal
The agreement between the UK and India aims to enhance bilateral trade by reducing import taxes and expanding opportunities for businesses in various sectors across both nations.
Read Full Article →UK and India sign £6bn trade deal
The recent agreement between the United Kingdom and India, valued at approximately £6 billion, is expected to enhance bilateral trade by reducing tariffs on key goods such as whisk...
Read Full Article →UK's biggest lender expects cheaper borrowing by year end
The leading mortgage provider in the UK anticipates a reduction in interest rates later this year, which could lower borrowing costs for consumers and potentially stimulate financi...
Read Full Article →Tesla’s European sales down a third after Musk warns of ‘rough quarters’ ahead – business live
Tesla’s reduced vehicle deliveries in Europe have contributed to lower regional revenue, highlighting challenges in maintaining market share amid a broader economic slowdown and ri...
Read Full Article →Paramount bags South Park in $1.5bn deal after fierce bidding war
The acquisition of streaming rights for a popular animated series in a multi-billion dollar agreement highlights Paramount's strategic investment to enhance its content library and...
Read Full Article →Blackstone hails ‘restoration of confidence’ after US trade deals and tax cuts
The head of the investment firm anticipates a widespread improvement in capital markets during the latter half of 2025, following recent developments in US trade agreements and fis...
Read Full Article →Newsman or businessman? Murdoch walks tightrope in battle with Trump
The ongoing legal dispute between Murdoch’s media company and Trump highlights potential financial risks and reputational challenges that could impact the conglomerate’s market pos...
Read Full Article →Nvidia AI chips worth $1bn smuggled to China after Trump export controls
Despite regulatory efforts to restrict advanced technology exports, significant quantities of high-value AI semiconductor components have been illicitly transferred to China, highl...
Read Full Article →Lloyds boss warns Reeves against hiking taxes on banks as profits rise 17%
Charlie Nunn emphasized that raising levies on financial institutions amid their increasing earnings could undermine government efforts to stimulate economic expansion.
Read Full Article →Four things you need to know about UK-India trade deal
The recent agreement between the UK and India may influence tariffs, investment opportunities, and market access, potentially affecting businesses and consumers involved in bilater...
Read Full Article →Donald Trump will add to pressure on Jerome Powell with visit to Federal Reserve
The president’s unexpected visit to the Federal Reserve could influence monetary policy decisions amid tensions regarding major refurbishment expenses and reluctance to lower borro...
Read Full Article →ITV announces new cost-cutting drive as half-year profits fall 44%
ITV's announcement of additional savings and a reduced programming budget reflects its response to declining advertising income and a substantial decrease in pre-tax earnings durin...
Read Full Article →CVS halts acquisitions in the UK amid competition watchdog probe
CVS’s pause on UK purchases and postponed earnings report reflect strategic adjustments influenced by regulatory scrutiny, potentially impacting its market operations and investor...
Read Full Article →Supreme Court judgment hardly draws a line under Libor
The Supreme Court ruling affects ongoing financial disputes related to interest rate benchmarks, leaving uncertainty about liability and impacting institutions involved in previous...
Read Full Article →UK vehicle making hits lowest level since 1953
A significant decline in automotive manufacturing is impacting the UK economy, with industry leaders anticipating that improved trade relations between the UK and US could help res...
Read Full Article →Lloyds reports strong growth as UK economic conditions improve
Lloyds Bank demonstrated solid financial results in the first half of the year, with a notable rise in after-tax profit reflecting improving economic trends and sustained business...
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