Finance News – U.K.
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Government’s £4.4bn gain on ‘shares tax’ puts investors on edge
The government’s substantial revenue increase from the recently enhanced tax on share transactions has raised concerns among investors about potential negative impacts on the vital...
Read Full Article →James Bond owners say name battle is ‘assault’ on 007 franchise
The ongoing legal dispute over trademark rights to the James Bond name could significantly impact the brand’s licensing revenue and future commercial agreements across European mar...
Read Full Article →Amazon under UK investigation over alleged failure to pay suppliers on time
The inquiry into Amazon’s payment practices could lead to financial penalties or regulatory actions if the company is found to have delayed settlements with its grocery suppliers,...
Read Full Article →BNY Investments Launches ‘Retirement: A Generational Journey’ Docu-Series
The new docu-series by BNY Investments aims to highlight varying retirement planning approaches across age groups, potentially influencing investor engagement and long-term financi...
Read Full Article →UK grocery watchdog investigating Amazon over alleged supplier payment delays; company insolvencies...
Rising insolvency rates among businesses in England and Wales highlight ongoing financial strain caused by increasing operational expenses and weak consumer demand, impacting compa...
Read Full Article →Apollo-backed Athora eyes £5bn deal for Pension Insurance Corporation
A savings and retirement services firm supported by Apollo Global Management is pursuing a multibillion-pound acquisition of Pension Insurance Corporation, a leading specialist ins...
Read Full Article →Don’t panic: What’s behind markets’ Iran-Israel indifference?
Despite geopolitical tensions between Iran and Israel, financial markets have shown limited volatility, suggesting investors currently anticipate minimal immediate economic disrupt...
Read Full Article →US private equity giant to back Hinkley Point C with £4.5bn loan
A major American investment firm plans to provide EDF with a significant unsecured loan to support the Hinkley Point C nuclear project, indicating substantial financial commitment...
Read Full Article →'Dismal' month for supermarkets pushes down retail sales
Retail sales experienced a notable decline in May, marking the sharpest monthly decrease in sales volume since the end of last year, reflecting challenging conditions for supermark...
Read Full Article →CMA won’t look back in anger over dynamic pricing practices
The UK regulator acknowledged that variable pricing strategies, despite consumer concerns, can positively impact market efficiency and revenue generation by adjusting costs accordi...
Read Full Article →Retail and construction lead insolvencies as UK firms in ‘perilous position’
A significant proportion of recent company failures in the UK have originated from the wholesale, retail, and building sectors, highlighting ongoing financial challenges within the...
Read Full Article →The markets are silent — that is worrying
Investors’ inability to respond to early indicators of potential extreme market events highlights growing concerns about the financial system’s vulnerability and the possible impac...
Read Full Article →Apollo to finance UK Hinkley Point nuclear plant with £4.5bn loan
Apollo's provision of a £4.5 billion loan to support the Hinkley Point nuclear project represents one of the most substantial private lending agreements in the United Kingdom's fin...
Read Full Article →The $10bn LA Lakers sale proves sports have outgrown billionaires
The unprecedented $10 billion transaction highlights a trend where ownership of top-tier sports teams increasingly transitions from individual billionaires to large investment grou...
Read Full Article →Louis Vuitton: Sales and profit slashed amid luxury spending slowdown
Louis Vuitton's UK division experienced a notable decline in revenue and earnings in 2024, reflecting broader challenges in the high-end retail market and impacting the company’s o...
Read Full Article →'Inflation and customer cutbacks' blamed for big dive in retail sales
Retail sales experienced a significant decline last month, marking the sharpest drop in several months, likely influenced by increased living costs and reduced consumer spending.
Read Full Article →Government borrowing surges in May to fund Labour’s spending
In May, public sector debt increased substantially, reaching one of the highest levels recorded for that month in over three decades, indicating significant government reliance on...
Read Full Article →Ministers set to cut industrial energy prices for British manufacturers
The government’s forthcoming multibillion-pound support aims to reduce energy costs for UK manufacturers, potentially enhancing their competitiveness in the European market and sup...
Read Full Article →Berkeley notes rising demand for new homes as profit drops
Despite decreased annual earnings, Berkeley acknowledges increased demand for housing and remains dedicated to supporting government initiatives aimed at expanding the new home mar...
Read Full Article →Reeves may need to raise taxes by £20bn in autumn after UK borrowing rises
The rising government borrowing and a substantial budget shortfall in May have prompted concerns that increased revenue measures might be necessary to manage fiscal targets effecti...
Read Full Article →Paris airshow in subdued mood after deadly Air India crash
The recent tragic aviation accident and ongoing geopolitical tensions have influenced market confidence and tempered commercial activities at a traditionally significant event for...
Read Full Article →High street banks’ SME lending comeback won’t rattle challengers
Traditional banks are increasingly providing loans to small and medium-sized businesses again, yet fintech companies continue to dominate the market share in this sector.
Read Full Article →I grew up on American food. Trust me, it’s the last thing Europe needs | Alexander Hurst
Allowing increased imports of American agricultural goods into the European market could significantly impact local producers and consumer preferences amid ongoing trade negotiatio...
Read Full Article →Who are the companies hoarding bitcoin?
Several major corporations have accumulated substantial amounts of bitcoin in their reserves, collectively controlling a significant portion valued at approximately $87 billion, re...
Read Full Article →UK consumer confidence up but fragile amid tariff and Middle East concerns
Despite a slight improvement in sentiment this June, British household financial outlook remains subdued due to ongoing inflationary pressures and geopolitical tensions affecting e...
Read Full Article →Adorable or just weird? How Labubu dolls conquered the world
The increasing global popularity of Labubu dolls has significantly boosted their manufacturer's earnings and is considered by some to enhance China's cultural influence internation...
Read Full Article →Canada imposes tariffs on steel and aluminium to curb imports
Canada has introduced substantial tariffs on imported steel and aluminum from countries outside the United States to support domestic industries and preserve employment opportuniti...
Read Full Article →Crystal Palace’s Europa League hopes increase as Johnson closes on £190m deal
The potential acquisition of a significant stake in Crystal Palace by a prominent investor for nearly £190 million could enhance the club’s financial resources and improve its pros...
Read Full Article →UK manufacturing set for a funding boost to reduce energy costs
The upcoming industrial plan aims to provide financial assistance to energy-dependent industries in the UK, helping reduce operational expenses and improve workforce capabilities w...
Read Full Article →HMRC has ‘lost control’ of small businesses as missing tax hits 40%
A substantial portion of unpaid taxes originates from smaller companies, which represent nearly two-thirds of total outstanding revenue, indicating significant challenges in tax co...
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