Finance News – U.K.
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Trump launches fresh attack on Fed as jobs data disappoints
The recent disappointing employment figures have intensified criticism of Federal Reserve policies, highlighting concerns about economic growth and influencing market expectations...
Read Full Article →Apple and Alibaba’s AI rollout in China delayed by Trump trade war
The geopolitical conflict between the US and China has led to regulatory challenges that postponed the introduction of advanced technology products, potentially impacting revenue g...
Read Full Article →Rachel Reeves can’t avoid raising taxes any longer – but she’ll need to get creative | Larry Elliott
The government faces the challenge of balancing ambitious public investments with limited growth and high debt, making increased tax revenue necessary to support spending prioritie...
Read Full Article →EU urges China to loosen rare earth curbs as carmakers near crisis point
European officials highlight the economic impact of restricted access to critical minerals from China, emphasizing potential disruptions for automotive manufacturers facing increas...
Read Full Article →Trump tells Powell to cut rates as data raises concern for US economy
The US president has urged the Federal Reserve to reduce interest rates more quickly, highlighting concerns about economic data and contrasting the Fed’s pace with that of the Euro...
Read Full Article →Estate agency Foxtons targets commuter towns in drive for growth
Foxtons plans to increase its profitability by expanding into areas near London, utilizing technology advancements, and strengthening client relationships to capitalize on growing...
Read Full Article →UK finance salaries drop as workers ‘actively develop’ tech skills
In 2025, average compensation in the UK finance sector declined by three percent, leading employees to enhance their technical abilities and consider alternative employment opportu...
Read Full Article →CAB Payments turns to New York to revive fortunes
CAB Payments aims to improve its financial performance by entering the US market, leveraging new regulatory approvals to expand operations and access potential growth opportunities...
Read Full Article →Schroders steps back from City lobbying taskforce
Schroders’ withdrawal from the City taskforce may affect collaborative efforts aimed at enhancing investment opportunities and expanding the financial sector within London’s capita...
Read Full Article →Babcock: FTSE 100 shares double in value to ten-year high
Babcock's stock has experienced significant growth this year, reaching its highest level in a decade, reflecting increased investor confidence and substantial gains in market valua...
Read Full Article →A race against time: what now for Thames Water after rescue deal collapses?
The withdrawal of a major investment proposal has intensified financial uncertainty for the utility, prompting extensive creditor negotiations and increasing the likelihood of temp...
Read Full Article →Costco: Lower petrol prices help drive profit surge
Reduced fuel costs boosted membership numbers at Costco’s UK branch, contributing significantly to its nearly £200 million profit increase in the most recent fiscal year.
Read Full Article →B&M: FTSE 250 shares plunge as profit and job cuts revealed
B&M’s shares declined sharply following the announcement of decreased pre-tax earnings, increased indebtedness, and planned workforce reductions, reflecting investor concerns about...
Read Full Article →US’s most Canadian town is stuck in the middle of a trade war
Point Roberts' economy relies heavily on Canadian visitors, and the recent decline in cross-border tourism has caused a significant downturn in local business revenue and financial...
Read Full Article →Lower-income consumers missing out on pay rises fuels fall in sales at B&M
The retailer experienced decreased revenue and profits as consumers with limited income faced stagnant wages, leading to reduced spending amid difficult market conditions in the UK...
Read Full Article →UK trade secretary says ‘essential steps’ happening ‘at pace’ to turn UK-US tariff pact into deal –...
Progress in UK-US tariff negotiations and Germany’s approval of a substantial tax relief package have positively influenced financial markets, promoting business investment and con...
Read Full Article →UK service sector confidence higher in May than since before autumn budget
A recent survey indicates that business leaders in the UK’s service industry anticipate growth in sales and capital expenditure over the upcoming six months, reflecting enhanced ma...
Read Full Article →Credit Suisse seeks $440m Greensill Capital losses from SoftBank
Credit Suisse is pursuing legal action in London to recover a $440 million loss linked to Greensill Capital's failure, holding SoftBank financially accountable in the process.
Read Full Article →Spinners raises £4m to meet demand for 'competitive socialising'
The leisure company has obtained a significant capital infusion to support its expansion and capitalize on the growing trend of social activities that combine entertainment with fr...
Read Full Article →Reeves vows to reinstate some winter fuel payments this year
The Chancellor’s commitment to restore certain winter fuel subsidies aims to provide financial relief to households, while maintaining current income tax, VAT, and national insuran...
Read Full Article →Schroders steps back from London Stock Exchange-led City taskforce
Schroders' withdrawal from the financial sector group may impact collaboration efforts, although its chair's position on the stock exchange's parent board maintains the firm’s stra...
Read Full Article →Simon Jack: Tariff relief for UK but new clock ticking on US deal
The potential expiration of the UK-US agreement by early July could lead to a significant increase in steel tariffs, affecting trade costs and financial planning for related indust...
Read Full Article →Rachel Reeves announces £15bn investment for trams, trains and buses outside London – video
The government plans to allocate £15 billion toward enhancing public transportation infrastructure across northern England and the Midlands, including significant funding for tram...
Read Full Article →UK services jobs decline on ‘longest streak’ since financial crash
The prolonged reduction in employment within the UK service industry reflects ongoing economic challenges, as companies struggle to preserve profitability amid rising labor expense...
Read Full Article →IG Group stock dips after UBS downgrade
Following UBS’s revision of IG Group’s rating to neutral due to valuation concerns and growth risks, the company’s shares experienced a decline influenced also by uncertainties sur...
Read Full Article →Labour claims to be defending Britain from new threats, but its warfare state is steeped in old thin...
The government’s defence spending plans, despite promises of economic benefits, rely on traditional military investments that are unlikely to generate substantial growth or signifi...
Read Full Article →UK trade deals to lift growth, KPMG says
According to a financial advisory firm, recent agreements between the UK and major international partners may positively influence the country’s economic expansion beyond initial p...
Read Full Article →WH Smith nears sale of high street chain as revenue rises
The agreement to transfer its retail segment for £76 million is expected to impact WH Smith’s overall financial position positively as the company continues to report increasing in...
Read Full Article →Ramsdens strikes gold after price jump boosts profit to record high
Ramsdens experienced substantial financial growth in the first half of 2024, with pre-tax profits rising significantly due to increased valuations in its precious metals purchasing...
Read Full Article →Kennedys breaks through £400m global revenue barrier
Kennedys achieved a notable financial milestone by exceeding £400 million in global revenue, marking continuous growth for over a decade and highlighting its expanding market prese...
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