Finance News – U.K.
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Intel shares jump after report of possible US stake in chipmaker
The potential investment by the United States in the chip manufacturer might enhance domestic influence and competitiveness within the global semiconductor industry, impacting mark...
Read Full Article →China’s economy loses momentum as trade pressures weigh
Slower growth in manufacturing and consumer spending highlights increased economic challenges, prompting authorities to implement measures aimed at stabilizing financial conditions...
Read Full Article →Reports of the death of Canary Wharf were exaggerated
Office property values are showing signs of recovery, and rental activity is expected to increase this year, indicating a positive trend in the commercial real estate market.
Read Full Article →How to invest in a stock market bubble
Understanding the risks and potential rewards during inflated market conditions is crucial for making informed investment decisions and managing financial portfolios effectively.
Read Full Article →Opponents of Trump’s tariffs should be wary of relying on the courts
Legal restrictions placed on the executive branch today could limit the ability of future administrations to challenge or enforce trade policies, potentially affecting economic dec...
Read Full Article →Evelyn Partners to target NatWest and RBC as potential buyers
A major UK wealth management firm owned by private equity is being offered for sale, aiming to attract interest from prominent financial institutions such as NatWest and RBC.
Read Full Article →Intel shares jump on possible US government investment
The chip manufacturer’s stock increased by 7% following news that the US government might acquire a portion of the company, indicating potential financial support and investor conf...
Read Full Article →Buffett’s Berkshire offloaded Apple shares again in second quarter
During the second quarter, Berkshire Hathaway reduced its holdings in a major technology company, reflecting strategic adjustments amid ongoing uncertainties related to US trade ta...
Read Full Article →How US-UK trade deal could bring about collapse of huge renewable energy plant in Hull
The potential trade agreement between the US and UK may negatively impact the economic viability of the large renewable energy facility in Hull, risking its continued operation and...
Read Full Article →Eli Lilly ramps up UK price of weight loss jab Mounjaro after Trump demands
Eli Lilly’s planned increase in the UK cost for its obesity medication reflects a strategic adjustment influenced by US political pressure, potentially affecting affordability and...
Read Full Article →Cost of weight-loss drug Mounjaro could rise significantly
The price increase for the weight-loss medication Mounjaro in the UK may lead to higher overall expenses, though the direct financial burden on patients might remain relatively mod...
Read Full Article →Westminster forgets that inflation matters
Rising prices impact everyday consumers directly, highlighting a gap between political leaders’ perceptions and the financial challenges faced by the general public.
Read Full Article →US wholesale prices jump in July as tariffs hit
In July, the rapid increase in costs faced by manufacturers indicates potential inflationary pressures that may lead to increased expenses for end consumers and impact overall econ...
Read Full Article →Farmers ask for inheritance tax meeting with Rachel Reeves
The review of inheritance tax modifications highlights potential challenges in addressing wealth protection through farmland acquisitions, prompting agricultural representatives to...
Read Full Article →Diageo: Debra Crew gets golden goodbye after being ousted as CEO
Debra Crew’s departure from Diageo resulted in a substantial severance package, reflecting the company’s financial obligations following the sudden leadership change last month.
Read Full Article →British Gas owner buys £1.5bn gas terminal in big bet on fossil fuel reliance
The acquisition of a major UK liquefied natural gas facility for £1.5 billion highlights a strategic investment in import infrastructure despite recent declines in national gas con...
Read Full Article →Agreement in place for sale of Morecambe FC after weeks of chaos
The finalized deal for Morecambe FC's ownership transfer is expected to impact the club’s financial stability and investment potential following an extended period of operational u...
Read Full Article →Once bitten, twice inflated: The Bank of England’s rate cut conundrum
The Bank of England faces a complex challenge as it balances the potential economic slowdown with rising price levels, impacting borrowing costs and overall financial stability in...
Read Full Article →These rural radio stations are a lifeline for their communities. Trump’s cuts threaten their future
Recent federal budget reductions have removed over one billion dollars in support for public media, causing numerous local non-commercial broadcasters to lose essential funding and...
Read Full Article →Birkenstock sales step up in ‘ugly shoe summer’
Birkenstock experienced a notable rise in revenue and unit sales during the recent quarter, contributing to its financial performance exceeding forecasts despite broader market cha...
Read Full Article →Klarna’s losses worsen as provisions jump ahead of IPO
Klarna experienced a significant increase in potential loan loss reserves, which contributed to higher overall losses despite a notable rise in revenue during the second quarter ah...
Read Full Article →Insurers urged to reassess Russian oil coverage amid UK and EU price cap changes
Insurance companies are encouraged to review their policies related to Russian oil shipments due to upcoming modifications in pricing regulations by the United Kingdom and European...
Read Full Article →US wholesale prices jump 3.3% as Trump trade war hits economy
The notable increase in wholesale costs during July reflects mounting inflationary pressures that could influence overall economic stability and affect future consumer prices in th...
Read Full Article →Sky expecting to hold off Netflix for exclusive US Open golf coverage
Securing extended exclusive rights for a major golf tournament would reinforce Sky’s market dominance and potentially increase subscriber revenue by limiting competitors' access to...
Read Full Article →Eli Lilly raises UK price of weight-loss drug Mounjaro by up to 170%
Eli Lilly has significantly increased the cost of its weight-loss medication in the UK, reflecting broader concerns about pricing disparities between countries and the financial bu...
Read Full Article →UK Economic Growth Slows But Beats Forecasts
The United Kingdom’s economy grew by 0.3% in the recent quarter, indicating a deceleration from earlier in the year but still surpassing analysts’ expectations.
Read Full Article →UK tax data reportedly suggests claims of non-dom exodus overblown
Recent data from HMRC imply that the reduction in affluent individuals residing in the UK matches prior official estimates, indicating limited financial impact from changes to tax...
Read Full Article →UK economy grew despite Trump tariffs causing three-year low in US goods exports – business live
The robust second-quarter performance, supported by fiscal measures and rising productivity despite external trade challenges, suggests a resilient economic outlook that may influe...
Read Full Article →UK economy posts surprise 0.3% growth in three months to June
The modest increase in output during the second quarter suggests potential resilience in economic activity despite earlier challenges, which could influence investor confidence and...
Read Full Article →British Gas-owner buys huge LNG terminal for £1.7bn
The acquisition enhances Centrica’s position in the energy market by securing a major liquefied natural gas facility, potentially impacting supply stability and future revenue stre...
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