Finance News – U.K.
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WPP picks Microsoft exec Cindy Rose as CEO amid sliding sales
WPP’s appointment of Cindy Rose as CEO highlights efforts to stabilize the company's financial position following a period of decreased revenues, major client departures, and weake...
Read Full Article →Vienna has been declared a renters’ utopia – here's why | Justin Kadi
Vienna’s extensive public and limited-profit housing sectors play a crucial role in stabilizing rental prices and ensuring broad access to affordable homes, significantly impacting...
Read Full Article →North Sea operators 'running out of time' to plug old oil wells
The delay in sealing over 500 aging oil wells in the North Sea could lead to increased costs and financial liabilities for operators as regulatory deadlines approach.
Read Full Article →Last orders: Pubs in Britain will close at rate of one a day in 2025, trade body warns
The projected daily closure of numerous pubs in the UK this year is expected to result in significant job losses and highlights ongoing financial challenges within the hospitality...
Read Full Article →One pub to close every day in 2025, new dates reveals
The closure of numerous small pubs across the UK in 2025 is expected to result in significant economic impacts, including thousands of job losses and challenges for local economies...
Read Full Article →Banks shut eight branches a week since 2016
The closure of numerous bank locations over recent years reflects a strategic shift towards digital services, resulting in reduced physical access that may impact local economies a...
Read Full Article →Starmer urged to ‘be honest’ about tax plans as business confidence slumps
The decline in business confidence highlights growing concerns among companies about increased expenses and trade uncertainties, which could impact investment decisions and economi...
Read Full Article →Labour’s tax addiction will end in tears
The upcoming budget is anticipated to introduce substantial new taxes, potentially raising £10 billion to £20 billion, which could have significant implications for public finances...
Read Full Article →The Bank of England is dying for data on private markets
The Bank of England’s increasing focus on private market information highlights its efforts to enhance economic oversight and improve decision-making amid evolving financial landsc...
Read Full Article →Something fiscal this way comes: Reeves haunted by ghosts of Truss and the OBR
Chancellor Rachel Reeves confronts considerable economic challenges as past policies and official financial assessments create pressure on government stability amid internal politi...
Read Full Article →Thames Water weighs last-minute rescue backed by ex-Lib Dem peer
Rupert Redesdale, CEO of a water retail firm, is developing a strategic plan supported by Muinín Holdings to potentially stabilize a major utility facing financial challenges befor...
Read Full Article →Trump’s ‘intelligent’ copper tariffs will ‘wake people up’, says mining billionaire
The implementation of a 50% import duty on copper is expected to boost domestic mining activities and enhance national economic interests, according to a prominent industry investo...
Read Full Article →The UK should press ahead with the inevitable on tax
Addressing fiscal challenges promptly is crucial to prevent negative impacts on consumer spending, business investments, and the broader economic expansion in the United Kingdom.
Read Full Article →Dutch pension funds set to sell €125bn of government bonds
The restructuring within the Netherlands' retirement industry is likely to lead to substantial government bond sales, potentially impacting the stability and demand dynamics of Eur...
Read Full Article →An Apollo-backed insurer is coming for the UK’s pensions
A pension-focused insurer supported by Apollo is expanding in the UK, leveraging retirement fund investments to drive private equity growth while adjusting its strategy to suit the...
Read Full Article →Fintech leads surge in London finance hiring
The growing fintech sector contributed to increased employment opportunities in London’s financial industry during the second quarter, driven by higher demand for risk management r...
Read Full Article →Kellogg shares soar on reports of Ferrero takeover talks
The potential acquisition of Kellogg by Ferrero, valued at approximately $3 billion, may significantly impact the market by merging two major players in the food industry.
Read Full Article →Is it time for a wealth tax on the super-rich? – podcast
Implementing a tax on high-net-worth individuals could provide additional government revenue to address budget shortfalls and support programs aimed at reducing economic disparitie...
Read Full Article →Trump threatens Brazil with 50% tariff and demands Bolsonaro's trial end
Imposing a substantial tariff on Brazilian goods could impact trade relations and economic stability, while demanding legal proceedings' conclusion signals heightened political ten...
Read Full Article →Trump threatens to impose 50% tariff on Brazil
The potential introduction of a substantial tariff on Brazilian goods could impact trade relations and economic exchange between the two countries, influencing market stability and...
Read Full Article →UK landlords quit sector as number of homes to let falls, survey says
The ongoing decline in rental properties marks the eleventh consecutive month of market reduction, highlighting shifting investment trends and potential impacts on housing availabi...
Read Full Article →As much as £5bn needed to revive UK’s struggling high streets, study finds
An estimated £5 billion investment is required to improve economic activity in UK town centers, as lower business taxes alone have not sufficiently boosted consumer spending in dis...
Read Full Article →Fed says most policymakers see risks tariffs will cause ‘persistent’ inflation
During the June meeting, US central bank members expressed concerns that trade restrictions could lead to ongoing price increases, reflecting differing opinions on the economic imp...
Read Full Article →UK loses more billionaires than any other country
Recent data indicates that the United Kingdom experienced the highest decline in the number of billionaires globally over the past two years, raising concerns about the potential i...
Read Full Article →The Guardian view on young people in coastal towns: time to invest in their future | Editorial
Investing in education, job creation, and infrastructure in coastal communities could stimulate economic growth, reduce social challenges, and retain young talent essential for rev...
Read Full Article →Nvidia’s Huang plans Beijing trip ahead of new China AI chip launch
Nvidia's CEO intends to visit Beijing to engage with local authorities as the company prepares to introduce a new artificial intelligence chip tailored to meet regulatory standards...
Read Full Article →Labour MPs alarmed by rise in sponsored events arranged by party
The increase in corporate-sponsored gatherings coordinated through the party raises concerns about potential financial influences from industries such as property development and l...
Read Full Article →Copper tariffs are the wrong answer to the right question
Implementing trade levies on copper may address supply and demand imbalances, but their broad application could create unintended economic consequences and impact various market st...
Read Full Article →Trump targets Brunei, Libya and Moldova with latest threat of US tariffs
The announcement of potential import taxes on select nations raises concerns about increased costs for American consumers and possible disruptions in international trade relations.
Read Full Article →Nvidia wins race to become first $4trn listed company
Nvidia's market capitalization reaching $4 trillion marks a significant milestone in the technology sector, reflecting strong investor confidence and its influential position in th...
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