Finance News – U.K.
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UK’s largest fibre glass factory to close as rescue talks collapse
The closure of a major UK fibre glass manufacturing facility, vital for electric vehicle and renewable energy industries, may negatively impact local employment and disrupt supply...
Read Full Article →Trump promised riches from ‘liquid gold’ in the US. Now fossil fuel donors are benefiting
Significant financial gains are expected for major fossil fuel contributors like Kelcy Warren and his energy company as their support aligns with anticipated favorable policies und...
Read Full Article →Women more worried about economy under Trump than men, poll finds
A recent survey reveals that a larger proportion of women than men express concern over rising costs and economic instability, affecting their financial security and consumer behav...
Read Full Article →Santander interested in TSB takeover
Santander's potential acquisition of TSB could reshape the competitive landscape of the UK banking sector, affecting market share and financial dynamics among key industry players.
Read Full Article →Danish bakery Ole & Steen brews up success with buns on demand
Ole & Steen experienced notable financial growth last year, with its revenue rising to £36 million driven by enhanced online order services and a revised strategic approach.
Read Full Article →Chocolate prices soar as UK inflation stays at highest in over a year
Rising food costs for the third consecutive month in May contributed to sustained inflationary pressure in the UK, maintaining the highest rate seen in more than a year and impacti...
Read Full Article →Santander approaches TSB-owner about high street banking merger
Santander has initiated discussions with Sabadell regarding a potential acquisition of TSB, aiming to strengthen its presence in the UK retail banking market.
Read Full Article →Starmer proves adept at juggling egos and issues at tricky G7 summit
Keir Starmer’s ability to navigate complex political dynamics at the G7 summit played a crucial role in advancing discussions with key international partners that could impact futu...
Read Full Article →Why is there a Maga-branded Instant Pot? Because capitalism never sleeps | Arwa Mahdawi
The emergence of numerous Trump-themed merchandise, including kitchen appliances, highlights a lucrative market opportunity driven by consumer identity expression, despite profits...
Read Full Article →Reform UK: Treasury should intervene on Bank interest rates decisions
Allowing the Treasury to participate in setting interest rates could impact financial policy by altering the Bank of England’s decision-making process for the first time in almost...
Read Full Article →TACO investors: Don’t bet too much on Trump-always-chickens-out trade
Investors should carefully consider the risks involved in strategies based on anticipated political moves, as relying heavily on expected outcomes may lead to unexpected financial...
Read Full Article →UK inflation eases slightly to 3.4% as food price rises offset transport cost falls
The modest reduction in the UK's annual consumer price growth reflects mixed impacts from declining transportation expenses and rising grocery costs, influencing monetary policy co...
Read Full Article →Shell and BP: FTSE 100 giants get analyst backing after oil surge
The recent rise in oil prices amid geopolitical tensions has led to increased investor confidence and positive analyst recommendations for major energy companies within the FTSE 10...
Read Full Article →House prices slump in April: ‘Supply is beginning to outweigh demand’
The recent monthly decline in property values reflects shifting market conditions where increased availability and reduced purchasing power are influencing buyer activity after the...
Read Full Article →Peel Hunt: Bonuses scrapped for third year running
Despite ongoing financial challenges at Peel Hunt, senior executives received substantial fixed salaries while variable performance-related payments were withheld for the third con...
Read Full Article →Speedy Hire swings to loss amid depot closures
The company experienced a significant decline in profitability, reporting a pre-tax loss of £1.5 million for the year ending March 2025, impacted by economic challenges and increas...
Read Full Article →UK inflation was 3.4% in May
The recent inflation data indicating a 3.4% increase in the UK supports predictions that the Bank of England may maintain its current interest rate to balance economic stability.
Read Full Article →Magnet: Hundreds of jobs lost as kitchen maker closes more stores
The closure of additional outlets by the kitchen manufacturer has led to significant workforce reductions, reflecting ongoing efforts by Nobia Holdings UK to improve its financial...
Read Full Article →Inflation overshoots expectations ahead of Bank of England meeting
The latest figures showing a higher-than-anticipated rise in consumer prices may influence the Bank of England’s upcoming decision regarding adjustments to interest rates aimed at...
Read Full Article →S&U shake off motor finance woes as verdict looms
The company demonstrated improved financial performance early in the year, reinforcing confidence in its ongoing recovery efforts despite previous challenges within the motor lendi...
Read Full Article →AO World: Record earnings after Music Magpie acquisition
AO World experienced substantial revenue and profit increases following the integration of Music Magpie and enhancements to its membership program, resulting in a significant finan...
Read Full Article →Britons have just 23 hours of ‘genuinely free’ time a week – so much for labour-saving technology |...
Advancements in automation have the potential to greatly increase productivity, which could allow individuals to allocate more time to leisure rather than work, impacting economic...
Read Full Article →What to do if your mobile phone account is hacked or number stolen
Unauthorized access to a mobile phone number can lead to significant financial risks, including fraudulent transactions and compromised banking accounts, making immediate action es...
Read Full Article →UK inflation expected to have dipped in May in latest official figures – business live
Recent data suggests inflationary pressures in the UK may ease slightly in the coming months, potentially influencing the central bank's decision to lower interest rates later this...
Read Full Article →India Global Forum 2025 kicks off in London today
The event marks a key opportunity for both nations to discuss and enhance economic cooperation following the recent trade agreement, potentially boosting investment and commercial...
Read Full Article →Inflation slows to 3.4% but no Bank of England rate cut expected
The latest data showing a reduced rise in consumer prices suggests inflation pressure is decreasing, yet monetary policy is likely to remain unchanged as officials monitor economic...
Read Full Article →Council finances in dire straits, MPs say
A recent report highlights that increasing national insurance costs and rising expenditures on special educational needs are putting local government budgets under severe pressure,...
Read Full Article →The London Stock Exchange has a Martin Lewis-shaped hole
The increasing trust in Martin Lewis as a financial advisor reflects a shift in consumer behavior that could influence investment patterns and economic decision-making across the U...
Read Full Article →Up to 70% of streams of AI-generated music on Deezer are fraudulent, says report
The platform’s findings indicate that a significant portion of revenue from AI-created tracks may be compromised due to automated activities inflating play counts and impacting roy...
Read Full Article →Legal & General: FTSE 100 giant touts asset management plans
Legal & General aims to significantly increase profits within its asset management division, which currently manages over a trillion pounds, by pursuing new growth strategies outli...
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