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Supermarkets hit out at government plans to cut calories from Brits’ baskets
Retail executives warn that the proposed government regulations aimed at lowering calorie consumption may increase operational expenses for stores without effectively improving the...
Read Full Article →Why did Santander buy TSB?
Santander’s acquisition of TSB, valued at £2.9 billion, is expected to expand its customer base and increase its mortgage and deposit holdings, moderately impacting the banking sec...
Read Full Article →Consumer spending drives ‘healthy pickup’ for UK businesses
Increased expenditure by households and companies has contributed positively to commercial performance, highlighting economic resilience even as rising costs and taxation continue...
Read Full Article →CBI on hunt for Soames successor
The appointment of a new leader for the CBI is financially important, as it will influence the direction and stability of one of the UK's key business organizations in the coming y...
Read Full Article →Gilts back to where they were before Rachel Reeves’ tears
UK government bond prices have returned to previous levels prior to recent emotional events in parliament, reflecting market reassurance following supportive comments from key poli...
Read Full Article →Top Tory slams FCA ‘mission creep’ after misconduct rules expanded
The expansion of regulatory requirements by the UK financial authority to cover a wider range of inappropriate behavior may increase compliance costs and affect operational practic...
Read Full Article →HSBC sells UK life insurance arm in latest European retreat
HSBC’s divestment of its UK life protection business for £260 million reflects a strategic shift in its European operations, with the buyer financing the acquisition through loans...
Read Full Article →Relief for startups as government U-turns on onerous Companies House rules
The government’s reversal on proposed Companies House regulations is expected to ease financial reporting burdens for small businesses, potentially reducing compliance costs and ad...
Read Full Article →Regulator blocks Richard Branson’s bid to bring back Virgin trains
The rail regulator’s decision to deny track access rights to Virgin Management and others prevents the potential reintroduction of Virgin trains, impacting future competition and i...
Read Full Article →Watches of Switzerland: Trump tariffs spark hike luxury timepiece prices
The introduction of a 10 percent duty on imported items has led to anticipated cost increases for many high-end watches sold by the company in the U.S., affecting its market value.
Read Full Article →Currys shares soar after retailer posts growth across divisions
Currys experienced a notable rise in cash flow and profit before tax for the fiscal year ending May 3, 2025, reflecting strong performance in both physical stores and online sales...
Read Full Article →‘Fair business’ for Aquis stocks to get into crypto, exchange boss says
The acquisition of Aquis by Six for £225 million highlights a strategic move that could influence market dynamics as firms increasingly integrate digital assets into their financia...
Read Full Article →‘We welcome Renters’ Rights Bill. It’ll make us up our game’: Goodlord CEO William Reeve
The introduction of new rental legislation is expected to create financial opportunities by encouraging innovation and improving service standards within the property management in...
Read Full Article →Forget stocks and shares, the history of the City is all about shoes
The City of London’s economic past is closely connected to the footwear industry, which has played a notable role in shaping its commercial development over the centuries.
Read Full Article →Markets are ignoring global instability – but a reckoning looms
Although financial markets currently maintain steady gains supported by central bank actions, underlying geopolitical tensions and economic uncertainties suggest a potential sharp...
Read Full Article →Battersea power station lights the way for regenerating our high streets
Investment in mixed-use projects similar to Battersea Power Station, supported by private funding, has the potential to revitalize struggling commercial areas affected by recent ta...
Read Full Article →Keir Starmer rocked by full-blown crisis as PM marks first year in office
Financial markets reacted with increased uncertainty amid political instability and internal party tensions following concerns about leadership decisions and economic policy direct...
Read Full Article →Labour versus the bond markets, businesses and ballots
Labour’s leadership faces considerable financial challenges following reduced confidence from investors and internal party members, highlighting increased pressure on the party’s e...
Read Full Article →Mark Kleinman: BP risks being left a Shell without new chair
Without appointing a new leader, BP could face challenges in maintaining its market position and investor confidence amid ongoing industry consolidation and competitive pressures.
Read Full Article →Business confidence hit by tax fears as Rachel Reeves’ headroom crumbles
Concerns about potential increases in taxation have significantly affected company optimism, with many firms expressing worry over their future financial obligations amid ongoing p...
Read Full Article →M&A volumes jump as US bidders snap up UK tech
The increased acquisition activity by American investors targeting British technology firms has significantly boosted merger and acquisition transactions, reflecting a growing inte...
Read Full Article →Gilt yields spike on Keir Starmer’s refusal to back ‘visibly upset’ Reeves
The uncertainty surrounding Labour’s leadership and policy changes contributed to increased government borrowing costs, reflecting investor concerns about the party’s fiscal strate...
Read Full Article →Motor finance drags FOS complaints to highest since PPI scandal
The rise in complaints related to motor finance significantly contributed to a substantial increase in overall cases handled by the Financial Ombudsman Service, reaching levels not...
Read Full Article →Bank of England policymaker urges faster interest rate cuts
A member of the Bank of England’s policy committee advocated for a quicker reduction in borrowing costs to support economic stability amid fluctuating inflation rates and recent de...
Read Full Article →Profit at The Macallan whisky owner slashed as sales slide
Edrington experienced a significant decline in pre-tax earnings for the fiscal year ending March 2025, reflecting lower revenue across its portfolio of whisky brands.
Read Full Article →Reeves on growth ‘hell slide’ after welfare U-turn as rebels call for wealth tax
Rachel Reeves’ plans to promote economic expansion while maintaining strict budget guidelines are challenged by the reversal of welfare reforms, which reduces expected savings and...
Read Full Article →Trump’s Scottish golf tournament gets crypto sponsor in Nexo
The involvement of a cryptocurrency company as a major sponsor provides significant new revenue streams and financial support for the European golf tour and its prominent tournamen...
Read Full Article →Former UBS banker wins top court battle in £80m divorce row
A former investment professional has secured a favorable court ruling in a lengthy divorce dispute involving substantial assets connected to complex tax arrangements, marking a sig...
Read Full Article →Losing AstraZeneca would be more than a bitter pill for the City – it could be fatal
The potential departure of AstraZeneca from the London Stock Exchange poses a serious financial threat, highlighting the need for government reforms to maintain the market’s compet...
Read Full Article →Labour urged to scrap state pension triple lock
The Institute for Fiscal Studies recommends ending the current pension guarantee worth £145 billion and introducing mandatory employer contributions to private pension plans to add...
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