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Gold tops euro to become central banks’ second favourite reserve asset
Amid increasing economic uncertainty, central banks have increased their holdings of gold, elevating it above the euro to become the second most significant reserve asset globally...
Read Full Article →Government’s £122m case against Baroness Mone-linked PPE firm kicks off
The Government has initiated a civil claim seeking over £120 million against a personal protective equipment company connected to Conservative peer Michelle Mone and her spouse.
Read Full Article →Ibstock hikes brick production as UK construction market picks up
By increasing output at multiple facilities, Ibstock aims to capitalize financially on the improving demand in the UK construction sector and address ongoing supply constraints.
Read Full Article →Volvo issues warning despite record UK sales
Although Volvo's UK division achieved substantial revenue growth and a significant increase in profit in 2024, the company has cautioned investors about potential challenges ahead...
Read Full Article →Heathrow reports dip in transatlantic travel as Trump turbulence hits demand
Heathrow Airport experienced a decline in the number of passengers flying to North America, impacting revenue growth despite achieving overall record traffic figures during the sam...
Read Full Article →Profit almost wiped out at Asda billionaire’s empire ahead of mega IPO
EG Group, co-founded by the Issa brothers and partly owned by TDR Capital, experienced a significant decline in earnings just before its anticipated $13 billion stock market debut...
Read Full Article →Private equity giant KKR returns with final bid for Assura
The £1.7 billion all-cash acquisition of Assura by investment firms KKR and Stonepeak highlights a significant transfer of ownership away from public markets, impacting the London...
Read Full Article →Salesforce: Labour’s AI plan won’t work without skills push
Economic progress in the UK may be at risk if the development of artificial intelligence is not supported by significant improvements in employee training and skill development.
Read Full Article →Canadian giant swoops for London-listed Ricardo
The acquisition of the London-based engineering company by a major Canadian consultancy for £281 million highlights a significant foreign investment impacting the valuation and own...
Read Full Article →Fuller’s toasts stellar year as Brits flock to pubs
Fuller, Smith & Turner experienced notable financial growth with a 4.8 percent increase in revenue, reflecting sustained customer visits to their establishments despite economic ch...
Read Full Article →Premiership Rugby taps Raine and Deloitte as investors circle
Premiership Rugby is working with financial advisors to explore opportunities for external funding as international investors show increasing interest in acquiring stakes within En...
Read Full Article →Rolls-Royce shares are champion of FTSE 100, analysts say
The substantial increase in Rolls-Royce’s stock value this year highlights its strong market performance, significantly contributing to investor confidence and influencing the over...
Read Full Article →Peel Hunt boss renews calls for tax cuts to rescue ailing public markets
The Peel Hunt CEO emphasized that reducing taxes on share transactions could encourage more company listings and improve market activity amid ongoing challenges in public equity ma...
Read Full Article →Worrying jobs figures show Labour’s Britain is heading for stagflation
Recent employment data indicate a significant increase in joblessness, suggesting that current policies may hinder economic expansion and contribute to a prolonged period of stagna...
Read Full Article →Exclusive: Coinbase to ‘hire like crazy’ in the UK
Coinbase’s increased recruitment efforts in the UK indicate a strategic move to capitalize on evolving crypto regulations and growing market demand, potentially strengthening its c...
Read Full Article →Dig up some Royal Ascot Gold with Big Mojo and Flora
The upcoming event presents notable opportunities for investors and enthusiasts to capitalize on potentially lucrative betting markets before significant fluctuations occur during...
Read Full Article →Diageo mull $2bn sale of IPL side Royal Challengers Bengaluru
Diageo is considering divesting its ownership stake in the Royal Challengers Bengaluru franchise, which could result in a transaction valued at approximately $2 billion, impacting...
Read Full Article →Correcting the myths about Pisces: what you really need to know
The recent parliamentary regulations concerning Pisces have important implications for financial markets, affecting investment strategies and trading practices within the private s...
Read Full Article →Global growth to brake to ‘slowest pace’ since financial crash, World Bank says
The World Bank forecasts a significant reduction in economic expansion rates this year, reflecting widespread setbacks in major markets influenced by escalating trade disputes and...
Read Full Article →Spending more on less: Premiumisation emerges as retail winner
The trend of increasing consumer expenditure on higher-end goods has influenced retailers to adjust their offerings, resulting in notable revenue growth within select market segmen...
Read Full Article →FCA appoints deputy chief to steer growth mission
The FCA’s creation of a deputy chief executive position aims to strengthen leadership capabilities and enhance regulatory oversight, potentially fostering a more stable environment...
Read Full Article →Government told migrant partners are a drag on UK finances
According to the Migration Advisory Committee, individuals entering the UK on partner and family visas tend to use more public resources than they contribute in taxes, affecting he...
Read Full Article →FCA boss: Buy now, pay later regulation is a trade off
The upcoming regulatory changes on buy now, pay later services aim to balance consumer protection with industry growth, potentially affecting both market dynamics and financial acc...
Read Full Article →Firstgroup shurgs off rail nationalisation with open access growth
FirstGroup's strong annual performance and the initiation of a £50 million share repurchase have boosted investor confidence, contributing to a significant increase in the company’...
Read Full Article →Retail shrinks by over 360,000 jobs in a decade
The reduction of over 360,000 positions in the UK retail sector since 2015 highlights a significant decline in employment, impacting economic activity and workforce distribution wi...
Read Full Article →FCA lays out Pisces rules with trading to begin later this year
The introduction of the Pisces market framework aims to enhance liquidity for private company shares, potentially increasing investment opportunities and supporting growth for earl...
Read Full Article →FTSE 100 circles record high on hopes of more interest rate cuts
The FTSE 100 approached an unprecedented peak, driven by encouraging economic indicators that increased investor optimism about potential monetary easing by the Bank of England, in...
Read Full Article →Rolls-Royce: Shares in FTSE 100 firm jump on SMR news
The announcement of Rolls-Royce’s selection as the UK’s small modular reactor technology provider has positively influenced investor confidence, resulting in an increase in the com...
Read Full Article →Oxford Instruments shares sink as it sells quantum business to US firm
Oxford Instruments' decision to transfer its quantum division to a California company in a £60 million transaction reflects a strategic effort to enhance financial performance and...
Read Full Article →Bellway: Completions surge at FTSE 250 housebuilder
Bellway anticipates significant growth in its housing delivery over the next two years, driven by rising buyer demand and strong reservation levels, which could positively impact i...
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