Finance News – U.K.
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Norway’s €19bn software company Visma picks London for IPO
The potential public offering of this major Norwegian software firm in London could strengthen the city’s financial markets by attracting significant investment following recent de...
Read Full Article →Clothing prices rising in US as Trump tariffs kick in, H&M boss says
Earlier modifications to trade policies have led to increased costs for importers, prompting some major apparel companies in the US to adjust their pricing strategies accordingly.
Read Full Article →Southampton owner Solak steps up £170m fight with London fund
Dragan Solak's intensified dispute with a major investment firm involves a substantial financial claim that could impact the ownership and management structure of his telecommunica...
Read Full Article →Bailey watching labour market softening ‘very closely’
The Bank of England’s leadership is closely monitoring recent indicators of weakening employment conditions, as changes in labor dynamics could influence future monetary policy dec...
Read Full Article →Sandwich or Confectionery? M&S strawberry sandwich raises VAT questions
The launch of M&S’s strawberry treat has sparked discussion about how it should be classified for tax purposes, potentially affecting the value-added tax applied to similar food it...
Read Full Article →Keir Starmer admits government has ‘asked a lot’ of business, and defends employment rights bill – b...
The government recognizes the considerable demands placed on businesses amid recent fiscal policies and emphasizes its commitment to economic stability and future-focused investmen...
Read Full Article →Police identify seven suspects related to Post Office Horizon scandal
The identification of multiple individuals connected to the Post Office Horizon case may lead to significant financial implications, including potential restitution and changes in...
Read Full Article →Trump’s renewed Fed attacks help pound climb to three-year high
The pound’s rise to a multi-year peak against the dollar reflects market reactions to political developments affecting expectations about the Federal Reserve’s future leadership an...
Read Full Article →Jes Staley fails to overturn ban over Epstein links
A judge ruled that the former Barclays CEO did not fully reveal his association with a convicted offender, resulting in a reduced penalty of £1.8 million, highlighting notable fina...
Read Full Article →Labour welfare row will lead to tax hikes and higher interest rates
Ongoing political disagreements within the Labour government may limit monetary policy flexibility, potentially resulting in increased borrowing costs and additional tax pressures...
Read Full Article →Former Barclays boss Jes Staley fails to overturn leadership ban
Jes Staley’s upheld prohibition on executive roles may impact market confidence and corporate governance perceptions, potentially influencing Barclays’ leadership stability and inv...
Read Full Article →Week in Business: Is the jobs market in crisis?
Rising operational costs and regulatory challenges are coinciding with a decline in entry-level employment and the growing impact of automation on skilled professions, affecting ov...
Read Full Article →Jes Staley loses legal case over City ban for misleading watchdog over Epstein links
The ruling confirms that Jes Staley is permanently prohibited from senior financial leadership roles in the United Kingdom, reflecting regulatory efforts to maintain integrity in t...
Read Full Article →Food giant threatens to close UK biofuel plant after US tariff deal
AB Foods has indicated it may cease operations at the UK's largest bioethanol facility if governmental measures are not implemented to address the challenges arising from recent in...
Read Full Article →Starmer thanks business for shouldering tax burden
Keir Starmer expressed appreciation to UK companies for managing increased financial demands following the substantial rise in employer national insurance contributions introduced...
Read Full Article →CVC Capital Partners hire former EE boss to new sports arm
The appointment of a seasoned executive to lead CVC SportsCo highlights the firm’s strategic investment focus on expanding its influence and financial returns within the competitiv...
Read Full Article →Dollar falls to three-year low after report Trump may name next Fed chair early
The US currency's decline to its lowest point in three years reflects market uncertainty over potential changes in Federal Reserve leadership and anticipated shifts in monetary pol...
Read Full Article →Profit triples at SME lender Iwoca as loans near £1bn
Iwoca’s pre-tax profit increased significantly to £59.1 million in 2024, reflecting substantial growth in revenue and lending activity focused on small and medium-sized enterprises...
Read Full Article →Britain’s biggest biofuel plant could close over impact of UK-US trade deal
The potential shutdown of the Hull bioethanol facility poses financial risks, including significant job losses and challenges to the UK’s renewable energy sector, following recent...
Read Full Article →A broken housing market is driving inequality right across Europe – and fuelling the far right | Kir...
Widespread increases in housing costs across Europe have intensified economic disparities, impacting social stability and influencing political dynamics in various countries throug...
Read Full Article →BBC to start charging US-based consumers for news and TV coverage
The BBC plans to introduce a subscription fee for viewers in the United States, aiming to generate additional revenue by providing enhanced access to its news and television servic...
Read Full Article →The Ivy: Jobs continue to be cut as Richard Caring nears £1bn sale
The ongoing reduction in workforce at the company linked to The Ivy, alongside decreasing profits despite increased sales, highlights financial challenges ahead of a major ownershi...
Read Full Article →Shell has ‘no intention’ of making offer to buy BP after £60bn takeover rumours
Shell’s decision to refrain from pursuing a large-scale acquisition of BP maintains current market dynamics and avoids potential shifts in valuation within the UK oil and gas secto...
Read Full Article →Visma to snub Amsterdam for London IPO in rare win for Britain’s stalling market
The decision by a major Norwegian software company to launch its initial public offering in London underscores the city’s ongoing efforts to attract significant tech investments am...
Read Full Article →Hallmark: Greeting cards giant halves headcount in two years
The UK division of Hallmark significantly reduced its workforce over two years to improve financial performance and move towards profitability, as indicated by recent official comp...
Read Full Article →British plant to close 'due to UK-US trade agreement'
The closure of the UK's biggest bioethanol facility reflects significant economic impacts linked to recent trade policies between the UK and the US, affecting both local employment...
Read Full Article →ABF confirms plans to shut bioethanol plant despite last-minute government negotiations
The closure of the Yorkshire bioethanol facility is expected to impact regional investment and employment, reflecting challenges in aligning industrial policy with private sector o...
Read Full Article →Cavendish shakes off M&A woes to swing to profit
Despite challenges in its mergers and acquisitions segment leading to reduced revenue, Cavendish returned to a pre-tax profit of £700 million for the year ending March 31, reversin...
Read Full Article →Inspired latest to attract private equity takeover bid
The definitive agreement for a £183.6 million all-cash purchase by a US private equity firm highlights a significant valuation and strategic acquisition within the energy and susta...
Read Full Article →A poor country acting like a rich one
Despite appearances and behavior resembling wealthier nations, the United Kingdom's economic indicators, including GDP per capita, position it closer to average European countries...
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