Finance News – U.K.
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Auto Trader: Brits turn to older cars amid ‘economic uncertainty’
Amid current economic challenges, consumer demand is shifting toward purchasing more affordable pre-owned vehicles, which impacts market dynamics and influences financial performan...
Read Full Article →Trump says UK taxes on North Sea oil ‘make no sense’
The UK's taxation policies on North Sea oil have raised concerns about their potential impact on investment decisions and the overall profitability of energy companies operating in...
Read Full Article →Halfords: Departing CEO gets golden goodbye despite losses
The outgoing Halfords CEO received a substantial increase in compensation, exceeding £1.5 million, despite the company reporting a significant financial loss of £30 million during...
Read Full Article →Sell-out Farnborough International Airshow boosted by Airbus and Boeing deals
The company operating the Farnborough event experienced substantial revenue growth following the bi-annual show, driven by major aircraft manufacturers securing contracts totaling...
Read Full Article →Only 0.5% of 90,000 oil slicks reported over five-year period, analysis finds
The significant underreporting of maritime oil pollution incidents may lead to unnoticed environmental damages, potentially increasing future regulatory costs and liability risks f...
Read Full Article →Anglian Water to pay £63m over sewage failures
Anglian Water faces a substantial financial penalty following regulatory findings that it did not properly manage and maintain its wastewater infrastructure, resulting in legal non...
Read Full Article →Water firm Anglian to pay out £68m after breach of regulations
Anglian Water will allocate £68.2 million to address regulatory violations identified by the UK water regulator, directing funds toward enhancing its wastewater management systems...
Read Full Article →Canon: UK losses almost triple after expectations fall short
Canon’s UK branch recorded a substantially larger pre-tax loss in 2024 compared to the previous year, indicating a significant decline in financial performance against initial proj...
Read Full Article →Rachel Reeves’ ‘save less to invest’ policy could be brilliant for ordinary Britons – or a disaster...
Encouraging individuals to allocate a smaller portion of their savings to investments could boost economic growth, but it also carries potential risks related to market fluctuation...
Read Full Article →WH Smith sells Funky Pigeon brand for £24m in travel pivot
WH Smith’s disposal of the Funky Pigeon brand for £24 million represents a strategic move to refocus its business model on travel retail while providing Card Factory with new techn...
Read Full Article →AstraZeneca reports higher sales on record US growth
AstraZeneca's revenue increased due to strong performance in the US market, coinciding with the company's announcement of a $50 billion investment to address potential challenges f...
Read Full Article →Astrazeneca: Demand for cancer drugs boosts pharmaceutical giant
AstraZeneca experienced an 11 percent increase in total revenue to $28 billion in the first half, largely due to strong sales growth in its cancer treatment and biopharmaceutical s...
Read Full Article →Barclays investment bank powers £1bn profit jump in first half
Barclays experienced a substantial increase in pre-tax earnings during the first six months of 2025, driven largely by strong performance in its investment banking division amid gl...
Read Full Article →As Trump’s tariff regime becomes clear, Americans may start to foot the bill
The introduction of tariffs is expected to increase costs throughout the supply chain, ultimately leading consumers to bear higher prices and affecting overall economic transaction...
Read Full Article →Rising UK food prices turn cash-strapped shoppers away from high street
Increasing costs for essential groceries in the UK have strained consumer budgets, leading to reduced spending at physical stores amid broader economic concerns affecting household...
Read Full Article →Soaring stamp duty costs dampen house price growth
Rising transaction fees have constrained the increase in property values despite a notable rise in purchase activity and stronger buyer interest over the past year.
Read Full Article →Aldi tops up wages for staff: ‘Our people are the driving force of our success’
Starting September 1, Aldi will raise its minimum hourly pay to £14.33 within the M25, reinforcing its position as the highest-paying supermarket in the UK and supporting employee...
Read Full Article →Price of fresh food pushes up Brits’ supermarket bills
Rising costs for key food items like meat and tea have contributed to an overall increase in grocery expenses for consumers, indicating continued upward pressure on household spend...
Read Full Article →Five dead after shooting at New York tower housing Blackstone offices
The incident at the Midtown Manhattan skyscraper, which accommodates major firms like Blackstone, NFL, and KPMG, has potential implications for business operations and market confi...
Read Full Article →ECB staff accuse Lagarde of running ‘unaccountable legal fortress’
The dispute highlights concerns about transparency and oversight within the central bank, which could impact financial governance and stakeholder confidence in its decision-making...
Read Full Article →UBS orders bankers to scale back sale of complex currency products
UBS has instructed its bankers to reduce the promotion of intricate currency derivatives, aiming to limit potential financial losses associated with these products among a broad cl...
Read Full Article →The Sensodyne formula for marketing to the world
Haleon's established marketing approach aims to expand the global reach of its consumer health products, potentially enhancing revenue streams and strengthening its position in int...
Read Full Article →Reeves and Bailey clash over Revolut meeting
The disagreement between key officials interrupted plans to advance Revolut’s transition, potentially delaying its progress toward obtaining a full banking license and impacting th...
Read Full Article →Trump’s tariff blitz brings US levies to highest levels since 1930s
The recent increase in US tariffs affects nearly half of imported goods, representing the most extensive use of import taxes in the country in nearly a century and influencing trad...
Read Full Article →AI disruption rocks professional services jobs market fuelling anxiety among Gen-Z
The professional services industry is experiencing notable job instability, contributing to increased financial uncertainty and concerns about employment prospects among younger ge...
Read Full Article →US companies up against 'nightmare' tariff wall
American businesses face increasing costs and market challenges as newly implemented import duties create obstacles that could affect profitability and supply chain stability acros...
Read Full Article →Trump’s EU oil and gas deal is ‘pie in the sky’, energy experts warn
While some analysts remain skeptical about the proposed energy agreement's feasibility, industry leaders view it as a potential boost for fossil fuel export markets and related fin...
Read Full Article →New mortgage affordability rules help UK housing market avoid summer lull
Recent changes in lending criteria have encouraged increased property purchases, stabilizing prices and creating favorable conditions for buyers despite anticipated tax-related exp...
Read Full Article →Donald Trump blocks Taiwan’s President Lai from New York stopover
The decision to prevent Taiwan’s President Lai from stopping in New York reflects ongoing geopolitical tensions that could influence financial markets amid efforts to manage trade...
Read Full Article →France and Germany lead downbeat EU response to US trade deal
France and Germany’s cautious reaction highlights concerns about economic concessions, while many in Europe welcome the agreement’s potential to prevent escalating tariffs and main...
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