Finance News – U.K.
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Gousto ‘never better’ after cutting losses by over £50m
Gousto has significantly improved its financial position in 2024 by reducing its pre-tax deficit to £20.3 million, following a substantially higher loss reported in the previous ye...
Read Full Article →Steel industry demands rapid resolution to tariff uncertainty
The continued uncertainty over export tariffs is causing significant financial strain on steel producers, affecting their competitiveness and investment decisions despite progress...
Read Full Article →India seeks to seal interim trade deal with US this week
A preliminary trade agreement between India and the US could influence bilateral economic relations and potentially ease tariffs imposed during the previous administration, impacti...
Read Full Article →US narrows trade focus to secure deals before Trump tariff deadline
The United States is concentrating efforts on finalizing trade agreements before the July 9 deadline, which marks the end of the president’s temporary suspension of retaliatory tar...
Read Full Article →FCA sounds alarm over UK takeover leaks
Approximately 40% of acquisitions involving publicly traded companies were disclosed to the press prior to official announcements, raising concerns about the potential impact on ma...
Read Full Article →‘My mind was shrieking: “What am I doing?”’ – when the digital nomad dream turns sour
The rise in remote work abroad has influenced global income patterns, as many individuals face unanticipated expenses and emotional challenges that impact their overall financial s...
Read Full Article →Trump celebrates 'big beautiful bill' being passed in Senate after fresh spat with Elon Musk
The passage of the new legislation in the Senate is expected to have notable economic implications, potentially influencing markets and fiscal policies in the United States moving...
Read Full Article →Musk vows to unseat lawmakers who support Trump’s ‘big, beautiful bill’
Elon Musk has expressed strong opposition to a proposed budget measure that could raise the national debt by $3.3 trillion, indicating potential political consequences for its supp...
Read Full Article →King Charles to receive £132m next year after crown estate makes £1.1bn profit
The Crown Estate’s substantial increase in profits, largely driven by growth in renewable energy investments, will result in King Charles receiving a significantly higher annual in...
Read Full Article →Household energy bills fall but may not go much lower
The average monthly cost for gas and electricity in households is expected to decrease by approximately £11, reflecting a notable reduction in domestic energy expenses.
Read Full Article →Oracle shares hit record high on $30bn cloud contract
Oracle's stock reached an all-time peak after securing a substantial cloud services agreement worth $30 billion, with revenue expected to begin flowing from the confidential custom...
Read Full Article →Prada accused of cashing in on Indian culture with Kolhapuri-inspired sandals
Prada’s sandals, influenced by traditional Indian craftsmanship, have attracted scrutiny that may impact the brand’s reputation and sales, highlighting the financial risks of cultu...
Read Full Article →Trump takes aim at central bank chair again and says he 'should be ashamed'
Donald Trump's recent criticism of the Federal Reserve chair highlights concerns about monetary policy decisions, which could influence investor confidence and potentially affect f...
Read Full Article →US dollar has worst first half in more than 50 years amid Trump tariffs
The significant decline in the US dollar's value reflects investor worries that recent trade measures and geopolitical tensions may undermine its status as a preferred currency for...
Read Full Article →Reeves to cut cash Isa allowance
Rachel Reeves plans to reduce the limit on tax-free cash savings accounts to motivate individuals to invest in domestic companies, aiming to stimulate growth in the UK’s struggling...
Read Full Article →Health inequality is linked to gross disparities in wealth | Letters
Significant differences in financial resources contribute to varying health outcomes, indicating that addressing economic inequality is essential for improving overall public healt...
Read Full Article →How gen Z is rewriting money rules: ‘I thrift, I splurge, I save 25%’
Generation Z employs distinct budgeting strategies influenced by economic pressures, often balancing spending on digital services and essential expenses while prioritizing diverse...
Read Full Article →Landlords pick Manchester over London for higher returns
Investors seeking better rental income are increasingly favoring Manchester, where average returns significantly exceed those in London, despite the city's lower rental prices and...
Read Full Article →New Companies House filing rules risk ‘own goal’ for UK start-ups and SMEs
From April 2027, updated regulatory requirements will require many UK start-ups and SMEs to provide comprehensive financial disclosures, potentially affecting their ability to attr...
Read Full Article →MP asks Lotus to give clarity to 1,300 workers
The Member of Parliament urged Lotus and Geely to provide transparent communication regarding the future prospects and financial stability affecting the livelihoods of approximatel...
Read Full Article →Miliband eyes refinery support after Lindsey collapse
Government officials are considering financial assistance measures to stabilize the country's remaining oil processing facilities following the recent shutdown of a major refinery,...
Read Full Article →US-UK trade, AI and a shake up of rules on investment advice
The newly implemented trade agreement between the United States and the United Kingdom is expected to influence investment guidance regulations and accelerate developments in artif...
Read Full Article →The way to tackle obesity in the UK is to make healthy food affordable. But the government won’t adm...
Addressing obesity effectively requires reducing the cost difference between nutritious and processed foods, as current price disparities significantly impact consumers' purchasing...
Read Full Article →Bonuses force Jonathan Ross’ talent agency into the red
The talent agency representing Jonathan Ross and others experienced a significant financial downturn, reporting a pre-tax loss of £1.8 million for the year to April 2024 after prev...
Read Full Article →Lindsey oil refinery owner Prax falls into administration as ministers urged to intervene
The collapse of the Lindsey oil refinery’s owner has significant economic implications, threatening nearly ten percent of the nation’s fuel production capacity and causing uncertai...
Read Full Article →UK economic growth confirmed at 0.7% in first quarter; Lincolnshire oil refinery calls in administra...
The confirmation of steady economic expansion alongside improvements in mortgage approvals suggests growing consumer confidence, which may support housing market activity and signa...
Read Full Article →US dollar suffers worst start to year since 1973
The US dollar experienced a notable decrease in value during early 2025, influenced by trade strategies and increasing national debt, affecting global exchange rates and investment...
Read Full Article →Vodafone and Virgin Media O2 strike £343m deal
Virgin Media O2’s payment of £343 million to Vodafone for a portion of mobile spectrum represents a strategic investment aimed at enhancing network capabilities following recent in...
Read Full Article →City minister doubles down on green finance as firms turn sour
The government remains committed to promoting sustainable investment within the financial sector, emphasizing the UK’s expertise and research capabilities despite recent shifts in...
Read Full Article →Village Hotels in the red after takeover by Blackstone
In 2024, Village Hotels reported a pre-tax loss of £23.5 million, largely attributed to unusual expenses incurred following its acquisition by an American investment firm.
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