Finance News – U.K.
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JD Sports to provide update after tariff sales crunch
JD Sports’ upcoming financial report is expected to reveal how recent challenges in the US market, including tariff-related issues, have influenced its revenue and profit margins d...
Read Full Article →Coca-Cola considers grounds for sale of Costa
Coca-Cola’s potential divestment of its coffee brand involves engaging financial advisors to evaluate offers from various investors, reflecting a strategic move to optimize its por...
Read Full Article →‘If I felt Zuckerberg and Sandberg were monsters, I wouldn’t have worked at Meta’: Nick Clegg on tec...
Nick Clegg’s decision to join Meta highlights the complex interplay between the tech industry’s corporate culture and its substantial influence on global markets and digital commun...
Read Full Article →Tech stocks are sending a warning
The recent decline in technology shares highlights potential vulnerabilities in the market due to the sector's significant influence on both publicly traded companies and private i...
Read Full Article →Private again: Soho House retreats from public markets after rapid growth
Soho House's recent $2.7 billion privatization highlights a strategic move to leverage its expansion progress while shifting away from public market pressures.
Read Full Article →Can you run a Premier League football club?
Managing a top-tier football club involves balancing budgets, adhering to sustainability regulations, and making strategic decisions to achieve both financial stability and competi...
Read Full Article →US to take 10% stake in troubled chipmaker Intel
The federal government’s $8.9 billion equity investment in a struggling semiconductor company represents a significant financial commitment aimed at stabilizing a key player in the...
Read Full Article →White House announces chipmaker Intel to give US government 10% stake
Intel’s agreement to transfer a 10% ownership share to the US government represents a substantial investment that may influence both the company’s financial standing and national e...
Read Full Article →Trump says Intel has agreed to give US government a 10% stake
The U.S. government's acquisition of a significant share in a major technology firm marks a notable intervention aimed at strengthening national interests in the semiconductor indu...
Read Full Article →Federal Reserve set to cut interest rates – but still Trump won’t be happy
The Federal Reserve’s anticipated interest rate reductions aim to support economic stability amid trade tensions, influencing market optimism while attempting to balance growth and...
Read Full Article →Tariff revenue will cut US deficits by $4tn, fiscal watchdog says
According to the Congressional Budget Office, income generated from tariffs is projected to reduce the United States' budget shortfalls by approximately four trillion dollars, bala...
Read Full Article →Canada to drop counter-tariffs on some US goods one day after call with Trump
Starting September 1, Canada will eliminate certain tariffs on American products to align with U.S. trade policies, potentially easing trade tensions while maintaining duties on st...
Read Full Article →Air pollution from oil and gas causes 90,000 premature US deaths each year, says new study
The economic burden of health issues related to emissions from the oil and gas industry includes increased medical costs and lost productivity due to premature mortality and respir...
Read Full Article →Canada to drop retaliatory tariffs on billions of dollars’ worth of US products
The elimination of the 25% tariff on numerous American products is expected to ease trade tensions and potentially increase cross-border commerce between the two countries, affecti...
Read Full Article →Fed chair Powell boosts expectation of US rate cut
Jerome Powell's remarks at Jackson Hole increased market anticipation of a reduction in US interest rates, signaling potential easing of monetary policy to support economic growth...
Read Full Article →Powell paves the way for Fed rate cut in September
The remarks by the Federal Reserve chair indicating changing economic conditions have led to increased optimism in financial markets, resulting in notable gains for both equities a...
Read Full Article →Royal Mail and DHL halt some US deliveries over tariffs
Several delivery services have temporarily paused shipments to the United States, impacting cross-border trade and potentially increasing costs due to the need for updated complian...
Read Full Article →Rachel Reeves needs to find cash fast. A wealth tax really is her only viable option | Faiza Shaheen
The UK treasury faces significant challenges in generating billions in additional revenue to sustain public services while adhering to manifesto tax limitations and avoiding unpopu...
Read Full Article →Dovish Powell hints at more rate cuts in US
The Federal Reserve's potential interest rate reductions reflect efforts to balance weakening job figures with inflation concerns stemming from ongoing trade tensions.
Read Full Article →Fed chair Jerome Powell signals interest rate cuts amid Trump attacks
Federal Reserve Chair Jerome Powell indicated a potential easing of borrowing costs as economic uncertainties, including trade tensions and labor market disruptions, pose challenge...
Read Full Article →Wes Streeting’s row with pharma firms grows as they reject NHS drug pricing offer
Pharmaceutical companies’ refusal to accept the proposed NHS medication payment terms means the existing rebate system, which impacts drug costs and industry revenue, will remain o...
Read Full Article →‘Hopelessly insolvent’: how ‘saviour of steel’ Sanjeev Gupta’s global empire unravelled
The recent financial difficulties within Sanjeev Gupta’s metals enterprises have led to government intervention and raised concerns about the stability and future employment prospe...
Read Full Article →Will Nvidia’s earnings justify its valuation
Nvidia’s forthcoming earnings release will provide critical insight into whether its rapid revenue increases can support its exceptionally high market capitalization amid growing i...
Read Full Article →My favourite Nasdaq-listed, Chinese-owned, Cayman-incorporated Scottish castle
The rapid expansion of this unique hotel group reflects significant investment and growth potential within the British hospitality sector, attracting attention from diverse interna...
Read Full Article →UK health secretary ends talks with pharma groups on NHS drug pricing
The conclusion of negotiations between the health secretary and pharmaceutical companies may impact the future costs and budget allocations for medications within the national heal...
Read Full Article →A&O Shearman partner losses mount as pay falls short
The initial financial outcomes after the A&O Shearman merger reveal that equity partners received £2 million, representing a modest decline compared to previous earnings from the f...
Read Full Article →Multi-club ownership in the spotlight after European sanctions hit hard
The enforcement of ownership regulations this summer led to significant financial consequences for several clubs, prompting calls for UEFA to reconsider its timelines and reduce ri...
Read Full Article →UK gilt yields suffer from dwindling investor appetite
Rising government bond returns reflect increased market caution regarding fiscal stability and economic outlook, signaling higher borrowing expenses and influencing investment deci...
Read Full Article →From CND to evangelist: Julia Pyke has nuclear ambitions for Sizewell C
Julia Pyke’s efforts to overcome legal challenges and navigate complex governmental procedures have paved the way for significant investment in constructing one of the largest ener...
Read Full Article →Standard Chartered shares rally after US rejects whistleblower claims
The recent uplift in Standard Chartered’s stock price reflects investor confidence following the dismissal of regulatory concerns related to alleged sanctions violations by US auth...
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