Finance News – U.K.
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British businesses celebrated in third year of The King’s Awards for Enterprise
A total of 197 companies across various industries were acknowledged for their contributions to economic growth and innovation, highlighting their important impact on the financial...
Read Full Article →LTA pledges equal prize money at Queen’s Club by 2029
The decision to provide equal financial rewards for male and female competitors at major tournaments reflects a commitment to fairness and could influence future sponsorship and re...
Read Full Article →Europe cuts interest rates as Trump's tariffs loom
The eurozone's central bank has reduced borrowing costs for the eighth time, signaling concerns that upcoming US trade restrictions could negatively impact economic growth and fina...
Read Full Article →IAG: British Airways owner faces shareholder revolt
Investors in the British Airways parent company are preparing to challenge executive compensation plans, including a significant share grant to the CEO, potentially impacting share...
Read Full Article →ECB cuts interest rates as UK ‘hesitation’ risks dealmaking strength
The reduction in eurozone interest rates to two percent may influence borrowing costs and investment decisions, potentially impacting economic growth and financial stability across...
Read Full Article →How Nintendo dodged Trump’s tariffs and saved the Switch 2 release
Nintendo’s ability to release the Switch 2 on schedule helped avoid increased costs, preserving its competitive pricing and potentially maintaining consumer demand despite uncertai...
Read Full Article →Trump’s tariffs have become his Vietnam – and the right is breaking ranks | Sidney Blumenthal
The recent trade court decision undermines the administration’s economic measures, challenging presidential authority and prompting significant debate among political and legal lea...
Read Full Article →Eurozone interest rate cut expected; Tesla’s UK sales fall by a third – business live
The anticipated reduction in borrowing costs may stimulate economic activity, while declining vehicle sales in the UK highlight shifting consumer demand and potential challenges fo...
Read Full Article →Week in Business: Warning lights in the City as another firm quits London for New York
The departure of additional companies from London to New York highlights ongoing challenges for the UK's financial sector, suggesting a potential shift in market confidence and inv...
Read Full Article →UK fintech Wise to switch main listing to New York
The decision by the UK-based fintech company to relocate its primary stock exchange to New York reflects ongoing challenges faced by London in attracting and retaining major financ...
Read Full Article →Wickes jumps up to FTSE 250 as National Express owner axed
Wickes' recent stock price increase has resulted in its inclusion in the FTSE 250 index, reflecting a shift in market rankings that has led to other companies being removed from th...
Read Full Article →British Airways-owner IAG braced for turbulence over pay
IAG, the parent company of British Airways, is experiencing investor concern regarding its executive compensation, reflecting broader market scrutiny of high remuneration among pro...
Read Full Article →Investors cheer Dr Martens’ turnaround plan – but will it work?
Dr Martens’ shares rose significantly as the company unveiled a strategic shift aimed at capitalizing on its leather goods segment to drive future growth and diversify its product...
Read Full Article →Fears Tata Steel could be excluded from Starmer’s Trump tariff deal
UK officials are attempting to protect Tata Steel from heavy tariffs in an upcoming trade agreement, aiming to maintain the company's competitive position and financial stability i...
Read Full Article →UK inflation number too high after data blunder
The revised inflation data for April suggests that previous figures were overstated due to inaccurate road tax information, potentially affecting economic forecasts and financial d...
Read Full Article →Dr Martens: Shoemaker broadens range of sandals and bags as profit plummets
Dr Martens plans to diversify its product lineup to include various footwear and accessories as it responds to a significant decline in earnings over the past year.
Read Full Article →Tell us: have you recently succeeded in buying a home in a UK holiday hotspot?
Recent increases in local taxes on second properties have led to significant declines in vacation home values in several UK resort areas, impacting both buyers and sellers amid shi...
Read Full Article →Average earners dragged into IHT net – how can you reduce your taxes?
Recent changes requiring pensions to be counted in estates for tax calculations have increased the number of middle-income individuals subject to inheritance tax, contributing to a...
Read Full Article →Rob Cross: Darts star banned as director over unpaid tax of £450,000
Rob Cross has received a five-year prohibition from holding directorships following his company’s significant failure to settle a tax debt exceeding £460,000 with HM Revenue and Cu...
Read Full Article →Pisces: FCA’s private stock market will worsen FOMO investing
The introduction of the FCA’s private stock market aims to increase investment opportunities, though it may unintentionally encourage investors to make decisions based on fear of m...
Read Full Article →ONS blames government figures after revealing April inflation error
The miscalculation in April’s inflation rate, caused by incorrect vehicle excise duty data, may impact economic policy decisions and market confidence in official financial statist...
Read Full Article →Stock exchange dealt another blow as £12bn fintech ditches main London listing
The decision by a major fintech firm to shift its primary trading venue to the United States while maintaining a secondary listing in London could impact investor interest and mark...
Read Full Article →Double blow to London as Cobalt Holdings abandons IPO
Cobalt Holdings' decision to cancel its $230 million stock launch in London adds to recent challenges for the UK financial markets, following the departure of Wise to the United St...
Read Full Article →UK inflation overstated due to government data error, ONS says
The adjustment in vehicle tax data led the Office for National Statistics to lower the annual inflation rate for April to 3.4%, indicating a minor correction in the reported cost o...
Read Full Article →What a weakening dollar means for Trump - and the UK
A declining US currency value can influence international trade dynamics, affect investment flows, and alter economic strategies for key players like the United States and the Unit...
Read Full Article →FCA: Motor finance redress scheme must keep market afloat
The proposed compensation program for the motor finance sector aims to maintain market stability while protecting consumer interests, highlighting its critical role in supporting t...
Read Full Article →Boots: Profit jumps after closing hundreds of stores
Boots experienced a substantial increase in earnings after reducing its number of retail locations by over 300, which contributed to improved financial performance despite halting...
Read Full Article →US-Boeing deal over 737 Max crashes ‘morally repugnant’, says lawyer for victims’ families
Boeing’s $1.1 billion settlement with the US Department of Justice resolves legal actions related to two fatal 737 Max crashes, involving significant compensation to victims’ famil...
Read Full Article →Energy costs 'an anchor on our ambition', CBI chief warns government
Rising energy expenses and substantial government-related charges totaling £24 billion annually are creating financial challenges that may hinder growth and investment opportunitie...
Read Full Article →Mitie Group makes bid for Lord Ashcroft-founded Marlowe
Mitie Group’s proposed acquisition of Marlowe, valued at £366 million, aims to enhance operational efficiency and capitalize on recent revenue growth within the outsourcing sector.
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