Finance News – U.K.
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Apollo-backed Athora closes in on £6bn Pension Insurance Corporation deal
A savings and retirement services firm supported by Apollo Global Management is nearing the completion of an approximately £6 billion acquisition of Pension Insurance Corporation,...
Read Full Article →Republican voters on Trump’s sweeping tax-and-spend legislation: ‘This bill is a no-brainer!’
The proposed legislation aims to reshape federal spending and taxation by extending previous cuts, altering benefit programs, and adjusting incentives, potentially impacting govern...
Read Full Article →London is leaving the door wide open to private equity raiders | Nils Pratley
The recent purchase of a well-established manufacturing firm in London by a private equity group at nearly double its market value highlights challenges in accurately valuing indus...
Read Full Article →Borrowing costs jump and pound falls after Reeves' tears
Following Chancellor Rachel Reeves' emotional speech in parliament, investors responded by increasing borrowing rates and the British currency experienced a decline in value.
Read Full Article →The Guardian view on the graduate jobs crunch: AI must not be allowed to eclipse young talent | Edit...
The reduction in entry-level positions traditionally available to recent graduates may hinder their career progression, potentially affecting overall economic growth and workforce...
Read Full Article →Trump budget reduces support for US minerals despite trade concerns
The proposed budget adjustments are expected to increase expenses for firms involved in extracting critical minerals like lithium, nickel, cobalt, and magnesium, potentially impact...
Read Full Article →UK financial watchdog expands bullying rules to 37,000 City firms
The expansion of reporting requirements to a broader set of financial companies aims to enhance transparency and accountability, potentially reducing risks and improving overall ma...
Read Full Article →Investors fret on talk of AstraZeneca US move
Concerns have grown among shareholders about the potential impact on the UK market and investment stability if AstraZeneca relocates its operations to the United States.
Read Full Article →If AstraZeneca goes to the US, it will be a major blow for London and Labour
Relocating AstraZeneca's headquarters to the United States could significantly impact London’s financial markets and challenge the stability of current government plans supporting...
Read Full Article →Santander takeover of TSB is boost to Reeves as she fights to keep City’s trust
Santander’s acquisition of TSB for £2.65 billion underscores its ongoing investment in the UK banking sector, potentially alleviating concerns about foreign lenders retreating from...
Read Full Article →UK bond yields rise sharply amid speculation over future of Rachel Reeves
Uncertainty surrounding the chancellor’s status triggered a rapid increase in borrowing costs, reflecting investor concerns about the impact of recent welfare policy reversals on t...
Read Full Article →UK bonds slump on doubts over Reeves’ future after tearful PMQs
The uncertainty surrounding the Chancellor’s position has led to a decline in UK government securities, reflecting market concerns about political stability and its potential impac...
Read Full Article →Tesla vehicle deliveries drop sharply as Musk backlash affects demand
Tesla reported a significant decline in second-quarter vehicle shipments compared to the previous year, reflecting weaker consumer interest and falling short of analysts' consensus...
Read Full Article →M&A volumes jump as US bidders snap up UK tech
The increased acquisition activity by American investors targeting British technology firms has significantly boosted merger and acquisition transactions, reflecting a growing inte...
Read Full Article →Ministers are fretting about Britain’s falling birthrate. Here’s why it could be a good thing | Larr...
A declining birthrate may reduce future workforce numbers, potentially increasing financial pressure on public pensions and social services, but it could also lead to economic adju...
Read Full Article →Bumble chief criticises staff for ‘freaking out’ over London job cuts
The Bumble CEO highlighted concerns about changes in the workforce and suggested that shifts in user behavior may impact the company’s future revenue and market position.
Read Full Article →How markets reacted to uncertainty over Rachel Reeves's future
Investor concerns about the chancellor’s uncertain position led to a decline in the pound’s value and an increase in government borrowing expenses on Wednesday.
Read Full Article →Veteran Democrat expresses dismay at US deficit but blames Biden too
Jack Lew highlights concerns about the rising national debt and attributes part of the responsibility to current administration policies while reflecting on past successful budget...
Read Full Article →Gilt yields spike on Keir Starmer’s refusal to back ‘visibly upset’ Reeves
The uncertainty surrounding Labour’s leadership and policy changes contributed to increased government borrowing costs, reflecting investor concerns about the party’s fiscal strate...
Read Full Article →Motor finance drags FOS complaints to highest since PPI scandal
The rise in complaints related to motor finance significantly contributed to a substantial increase in overall cases handled by the Financial Ombudsman Service, reaching levels not...
Read Full Article →Eminem, AI and me: why artists need new laws in the digital age | Alexander Hurst
The inability to legally quote song lyrics highlights challenges for creators and consumers, while financial risks tied to speculative trading underscore the need for clearer regul...
Read Full Article →UK watchdog threatens Ticketmaster with legal action over way Oasis tickets were sold
The potential legal case could impact Ticketmaster’s revenue and reputation due to alleged misleading pricing practices during the sale of a highly anticipated and lucrative concer...
Read Full Article →Bank of England policymaker urges faster interest rate cuts
A member of the Bank of England’s policy committee advocated for a quicker reduction in borrowing costs to support economic stability amid fluctuating inflation rates and recent de...
Read Full Article →Profit at The Macallan whisky owner slashed as sales slide
Edrington experienced a significant decline in pre-tax earnings for the fiscal year ending March 2025, reflecting lower revenue across its portfolio of whisky brands.
Read Full Article →Reeves on growth ‘hell slide’ after welfare U-turn as rebels call for wealth tax
Rachel Reeves’ plans to promote economic expansion while maintaining strict budget guidelines are challenged by the reversal of welfare reforms, which reduces expected savings and...
Read Full Article →Trump’s Scottish golf tournament gets crypto sponsor in Nexo
The involvement of a cryptocurrency company as a major sponsor provides significant new revenue streams and financial support for the European golf tour and its prominent tournamen...
Read Full Article →Former UBS banker wins top court battle in £80m divorce row
A former investment professional has secured a favorable court ruling in a lengthy divorce dispute involving substantial assets connected to complex tax arrangements, marking a sig...
Read Full Article →Losing AstraZeneca would be more than a bitter pill for the City – it could be fatal
The potential departure of AstraZeneca from the London Stock Exchange poses a serious financial threat, highlighting the need for government reforms to maintain the market’s compet...
Read Full Article →Google undercounts its carbon emissions, report finds
The higher-than-reported increase in emissions suggests that Google’s energy costs and potential regulatory liabilities could rise significantly, impacting its long-term financial...
Read Full Article →Labour urged to scrap state pension triple lock
The Institute for Fiscal Studies recommends ending the current pension guarantee worth £145 billion and introducing mandatory employer contributions to private pension plans to add...
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