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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 →Former EE chief Allera joins team at CVC sports empire
The appointment of the former EE leader to a key position within CVC’s diverse sports holdings highlights potential strategic influence over major international sporting investment...
Read Full Article →Trade strategy aims to boost UK firms amid Trump tariff chaos
The government’s new approach seeks to strengthen key UK sectors and enhance export opportunities, addressing challenges caused by international tariff disputes and shifting global...
Read Full Article →Israel-Iran ceasefire hopes drive down oil and gas costs
Anticipation of reduced conflict in the Middle East has contributed to a notable decline in global energy prices, reflecting market expectations of stabilized supply routes and dim...
Read Full Article →Smith & Williamson tables bid for deals unit of investment bank Cavendish
Smith & Williamson’s proposal to acquire parts of Cavendish could lead to the division of the publicly traded investment bank, potentially impacting its market valuation and shareh...
Read Full Article →NatWest exec Holbourn leads race to run National Wealth Fund
A senior leader from NatWest Group is among the frontrunners to manage the National Wealth Fund, which plays a crucial role in overseeing significant government investments.
Read Full Article →Fragrances retailer Bodycare lines up debt funding package
The health and beauty company, established over fifty years ago, is arranging new borrowing options to support its financial operations following a change in ownership three years...
Read Full Article →Industrial strategy targets short-term pain for long-term gain
The government’s plan focuses on balancing immediate challenges with future benefits by supporting various sectors like automotive, finance, and life sciences to boost overall econ...
Read Full Article →Markets react to US strikes on Iran
The recent military actions involving the United States and Iran have prompted notable fluctuations in global financial markets, influencing investor sentiment and affecting commod...
Read Full Article →Plans to cut energy costs for thousands of businesses announced
The government’s newly introduced industrial strategy aims to reduce expenses related to energy for numerous companies, potentially improving their overall financial stability and...
Read Full Article →Former Centrica chief Laidlaw in frame to chair embattled BP
Sam Laidlaw’s potential appointment as BP chairman could influence the company’s strategic decisions and investor confidence amid ongoing financial and operational challenges in th...
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 →'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 →Post Office scandal redress must not only be fair - it must be fast
The financial impact of the Post Office scandal requires timely and equitable compensation to restore trust and address the losses suffered by those affected.
Read Full Article →Government considering measure to slash industrial energy prices
Officials are evaluating a proposal to reduce energy expenses for manufacturers, aiming to enhance competitiveness by aligning costs with those faced by businesses in neighboring E...
Read Full Article →Bank of England holds rate but eyes cuts ahead despite global risks
The Bank of England’s decision to maintain current interest rates reflects potential economic softness, suggesting future reductions may be considered to support growth despite ong...
Read Full Article →Tariffs hit US economy forecast but central banker unmoved by latest Trump threats
The imposition of tariffs is expected to slow economic expansion and increase inflationary pressures, although the central bank has chosen to maintain current interest rate levels...
Read Full Article →CVC Capital backs £500m Jersey bid for Manx Telecom
A major private equity firm is considering supporting a £500 million acquisition of Manx Telecom, potentially bringing together key telecommunications companies in the Crown Depend...
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 →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 →London-listed Tullow Oil sees merger with Meren Energy collapse
The breakdown of discussions between Tullow Oil and Meren Energy may impact their strategic growth plans and could influence shareholder value and future investment opportunities f...
Read Full Article →Kellogg's, Coca-Cola and Brewdog beer on Russian shelves despite sanctions
Despite ongoing sanctions, several major international brands continue to generate revenue by maintaining a presence in Russian retail markets, reflecting complex economic and trad...
Read Full Article →US-UK trade deal 'done', says Trump as he meets Starmer at G7
The completion of a bilateral trade agreement between the United States and the United Kingdom is expected to influence economic relations and potentially enhance commerce between...
Read Full Article →Trump mobile service announced - with cost of gold smartphone revealed
The introduction of a new mobile service and premium smartphone associated with a high-profile brand could potentially influence market dynamics and consumer spending within the te...
Read Full Article →High street lender Metro Bank receives takeover approach
Metro Bank’s potential acquisition by private equity investors may result in its delisting from the London Stock Exchange, impacting shareholder value and market dynamics within th...
Read Full Article →How the Israel-Iran attacks could impact the global economy
Tensions between Israel and Iran may disrupt key oil supplies and shipping routes in the Middle East, potentially causing fluctuations in global markets and affecting international...
Read Full Article →China strikes cautious tone after Trump claims trade deal is 'done'
China emphasized its commitment to fulfilling obligations in trade discussions with the United States, signaling a measured approach despite recent optimistic statements about the...
Read Full Article →India crash is fresh setback in Boeing's bid to restore reputation
The recent airplane disaster involving Boeing has raised concerns that could impact the company's market value and investor confidence as investigations into the cause are still on...
Read Full Article →UK economy contracts - with record fall in exports to the US
In April, the UK's economic performance declined beyond forecasts, largely influenced by a significant decrease in exports to the United States amid ongoing trade tensions and tari...
Read Full Article →FTSE 100 hits record high on back of US-Iran tensions
The FTSE 100 reached an unprecedented closing level, reflecting increased investor activity influenced by geopolitical developments and economic uncertainties related to internatio...
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