Finance News – U.K.
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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...
Read Full Article →Firstgroup: Profit at Avanti West Coast owner beats expectations
Firstgroup’s stronger-than-expected annual revenue has enabled an increased dividend payout and an extension of the share repurchase program, signaling robust financial performance...
Read Full Article →Unemployment creeps up as firms cut jobs following Reeves tax raid
Recent job reductions by companies have led to a slight increase in the unemployment rate, potentially challenging government efforts to stimulate economic growth and improve emplo...
Read Full Article →Lord Ashcroft bought shares in Mitie on day it made offer for firm he founded
Lord Ashcroft invested £1 million in Mitie by purchasing over 700,000 shares on the day the company disclosed discussions regarding a £370 million acquisition of a business he help...
Read Full Article →UK unemployment rises to highest in four years
The recent increase in joblessness and decline in payroll employment reflect economic challenges linked to recent fiscal policy changes affecting businesses during the early months...
Read Full Article →Green light for Sizewell C as £14.2bn to go to major nuclear project as part of Spending Review
The government’s allocation of £14.2 billion to the Sizewell C project highlights a substantial investment in expanding nuclear energy infrastructure within the UK’s broader Spendi...
Read Full Article →Nikhil Rathi’s FCA is ready to go on the offensive
Nikhil Rathi’s renewed leadership of the FCA comes amid increased governmental expectations, highlighting a strategic shift aimed at fostering market development while managing reg...
Read Full Article →Londoners most at risk of online fraud, report reveals
Research indicates that a considerable portion of London residents face challenges in managing finances online, which may lead to increased economic vulnerability compared to indiv...
Read Full Article →Voters reject Reeves’ plans for state power on pension investments
Recent polling indicates that most British voters are against government control over how pension funds are invested, potentially limiting the state's ability to influence economic...
Read Full Article →Reeves’ central mission is in tatters
The recent poll highlights the Chancellor’s weakened standing, suggesting that the upcoming fiscal plan may face challenges in gaining public and political support amid ongoing eco...
Read Full Article →Legal & General CEO: Urgent action is needed to get Brits saving more, earlier
Building a sufficient retirement fund requires individuals to increase their savings promptly, highlighting the importance of enhancing pension contributions to ensure financial se...
Read Full Article →China’s $1.1tn asset manager becomes star player on ‘national team’
China’s state-owned asset manager, with $1.1 trillion under management, has taken a prominent role in supporting the domestic economy through strategic investments in local financi...
Read Full Article →UK families ‘seize moment’ to buy exclusive London homes as non-doms retreat
Domestic purchasers are increasingly investing in premium London properties, benefiting from declining market values and reduced competition due to changes in tax policies affectin...
Read Full Article →UK GDP growth expected to slide after Awful April
Economic forecasts indicate a slight contraction in the UK’s output for April, influenced by increased taxation and rising energy costs, potentially undoing the modest expansion re...
Read Full Article →HBO and CNN owner to split streaming and cable businesses
The company plans to divide its operations by creating distinct entities for its content production and streaming services, as well as its traditional cable television networks, im...
Read Full Article →China's electric cars are becoming slicker and cheaper - but is there a deeper cost?
China's growing dominance in affordable electric vehicle production is reshaping global markets, potentially impacting economic competition, supply chains, and raising concerns rel...
Read Full Article →Thames Water creditors offer up £5bn as part of emergency turnaround plan
Thames Water’s creditors have proposed a substantial funding package intended to stabilize the company, but the regulator worries the plan may not reduce debt sufficiently to impro...
Read Full Article →Social media creators to overtake traditional media in ad revenue this year
Advertising earnings from individually produced content on platforms like YouTube and TikTok are projected to exceed those generated by established media organizations, reflecting...
Read Full Article →Thames Water’s creditors are being too greedy | Nils Pratley
The group of lenders proposing a financial rescue for Thames Water is seeking significant concessions from regulators, highlighting the challenges involved in securing a viable tur...
Read Full Article →OpenAI expects subscription revenue to nearly double to $10bn
Despite ongoing losses similar to its major competitors, OpenAI anticipates that income from user subscriptions will increase significantly, potentially reaching around $10 billion...
Read Full Article →Thames Water bosses were set for £18.5mn before outcry over bonuses
Creditors have proposed a rescue plan involving a £3 billion equity injection and a 20 percent reduction in loan values, highlighting significant financial restructuring efforts am...
Read Full Article →R360 rugby project fully funded and profitable after a year, say insiders
Sources close to the initiative reveal that the new international club rugby competition has obtained all necessary capital for its 2026 start and expects to generate earnings by i...
Read Full Article →Apple to give app developers access to its AI models
Apple plans to provide software creators with tools based on its artificial intelligence technology, potentially opening new revenue streams and encouraging innovation within its a...
Read Full Article →Google battling ‘fox infestation’ on roof of £1bn London office
The unexpected presence of foxes tunneling in the rooftop garden has caused minor disruptions during construction, potentially affecting timelines and incurring additional costs fo...
Read Full Article →Bargain basement Britain: Tech takeovers continue with three billion-pound swoops in a day
Several large acquisitions totaling billions of pounds occurred in the UK technology sector on Monday, highlighting ongoing interest from American companies seeking financially adv...
Read Full Article →WhatsApp, Google, Adobe, YouTube investor group buys into US cricket
Prominent technology investors and entertainment industry figures have contributed capital to a US cricket league team, signaling increased financial interest and potential growth...
Read Full Article →Reeves struggles to explain the genius of Labour’s winter fuel payment U-turn | John Crace
The decision to reduce winter fuel payments initially aimed to demonstrate fiscal responsibility but sparked political backlash that raised concerns about its potential impact on v...
Read Full Article →Trump eyes chip export deal for rare earths in China talks
Negotiations between the United States and China may lead to relaxed semiconductor restrictions, potentially boosting trade by increasing the availability of critical rare earth ma...
Read Full Article →Activist hedge fund builds stake in Ozempic-maker Novo Nordisk
An investment firm has increased its holdings in the Danish pharmaceutical company known for its diabetes treatment, signaling confidence amid leadership changes and recent decline...
Read Full Article →London Tech Week day 1: why the world comes to London
London Tech Week attracts a diverse international audience, generating substantial economic activity and investment opportunities by showcasing innovation, fostering collaboration,...
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