Finance News – U.K.
What is your interest today?
Trump claims new CBS owner will gift him $20m worth of airtime after $16m settlement
Following a $16 million agreement with Paramount, the new CBS owner is said to offer significant advertising and programming opportunities to Donald Trump, highlighting potential i...
Read Full Article →Trump official vows Doge-inspired squeeze on government contractors
Josh Gruenbaum intends to apply strategic pressure on technology firms and consulting contractors, potentially impacting budget allocations and financial arrangements within govern...
Read Full Article →Telegraph sale poised to go ahead after Lords foreign ownership vote
A consortium led by RedBird Capital is set to acquire the Telegraph for £500 million, enabling the United Arab Emirates to maintain a 15% ownership following recent legislative app...
Read Full Article →More than 100 survivors of alleged sexual abuse enter Harrods scheme for compensation
The compensation program established by the retailer has financial implications as it involves disbursing settlements to over one hundred claimants related to historical abuse alle...
Read Full Article →A ‘golden age’ for nuclear power? Sizewell C must hit budget first
The financial outlook of the Sizewell C project is crucial, as significant cost increases could lead to greater expenses for consumers while private investors seek attractive retur...
Read Full Article →NPR’s editor-in-chief to step down days after Congress cuts $1.1bn in funding
Edith Chapin’s decision to resign follows a significant reduction in government allocations that impacts the primary source of financial support for public broadcasting entities in...
Read Full Article →From grifter to guru: Hannah Ingram-Moore’s TikTok reinvention is an inspiration to us all | Claire...
Hannah Ingram-Moore’s transition into a resilience coaching role represents a shift from previous financial controversies involving significant earnings and promises connected to c...
Read Full Article →Top global banker sounds warning to Reeves on tax and regulation
The head of a major international bank emphasized the delicate position of London and the UK in worldwide finance, highlighting concerns about tax policies and regulatory challenge...
Read Full Article →UK strikes deal with private investors to build £38bn Sizewell C nuclear power plant
The agreement involving both public and private stakeholders secures essential capital for constructing a large-scale nuclear facility, significantly impacting future energy costs...
Read Full Article →UK consumers lack confidence to identify as investors
Despite a majority of UK workers participating in workplace pension schemes, many hesitate to view themselves as investors, reflecting widespread uncertainty about engaging with fi...
Read Full Article →Rachel Reeves: It’s not progressive to pay off US hedge funds for debt
The government's repayment of foreign investment firms holding public debt has significant budgetary implications, especially as recent data shows interest costs have surged compar...
Read Full Article →Higher UK borrowing adds to pressure on Reeves
The unexpected rise in government debt interest expenses contributed to an increase in borrowing, which may affect fiscal management and economic stability in the near future.
Read Full Article →Coca-Cola to launch Coke with cane sugar in the US after Trump post
Coca-Cola's introduction of a new beverage using domestically sourced cane sugar may influence consumer preferences and supply chain costs, potentially affecting the company's mark...
Read Full Article →BoE governor warns Reeves weakening banking rules risks repeat of 2008 crisis
The Bank of England's governor cautions that loosening financial regulations extensively may increase the likelihood of instability in the banking sector, potentially undermining l...
Read Full Article →GM says Trump tariffs knocked $1.1bn off its operating income last quarter
General Motors reported a substantial decline in second-quarter profits partly due to trade measures, anticipating increased financial challenges in the upcoming quarter that could...
Read Full Article →Silicon Valley trades researchers like football teams poach players
Major technology firms are investing enormous sums in highly skilled AI researchers, offering record-breaking salaries and signing bonuses to secure competitive advantages in devel...
Read Full Article →Linklaters: Profit passes £1bn as partners set for record pay day
Linklaters has reported pre-tax earnings exceeding £1 billion for the first time, reflecting a 14 percent increase and signaling substantial financial gains for its partners.
Read Full Article →Landlords lose confidence in face of Renters Rights Bill
A majority of property owners are hesitant to expand their rental holdings due to increased expenses and unclear regulations, leading to reduced investment activity within the hous...
Read Full Article →London hotel rates quintuple amid supersonic Oasis demand
The influx of visitors attending the high-profile concert series has substantially increased accommodation expenses in the area, reflecting a significant boost in revenue for local...
Read Full Article →Linklaters partners take home record £2.2mn each
The substantial increase in American earnings following significant investments has notably boosted individual earnings among Linklaters’ senior lawyers, reflecting positive financ...
Read Full Article →The Works: Shares triple in value after ‘living to fight another day’
The company’s stock price has increased significantly over recent months, reflecting renewed investor confidence following concerns about its position within the contemporary retai...
Read Full Article →FCA urges UK insurers to improve motor insurance claim handling
The UK financial regulator highlighted that inadequate processing of motor insurance claims is contributing to increased premiums and emphasized the need for insurers to enhance th...
Read Full Article →Britons ‘turning to simpler meals’ as grocery bills head for £275 annual rise
Rising food costs are causing households to adjust their spending habits by choosing more affordable ingredients and simplifying meal preparation to reduce the impact on their over...
Read Full Article →Guernsey's inflation rate slows to 3.9% - States
The decrease in the annual inflation rate to 3.9% indicates a reduced pace of price increases, potentially affecting purchasing power and economic planning in Guernsey.
Read Full Article →Rachel Reeves faces gloomy autumn after borrowing overshoots
The unexpected increase in government borrowing has raised concerns about rising debt servicing expenses, potentially limiting fiscal flexibility and complicating efforts to manage...
Read Full Article →Manchester City’s record £1bn deal with Puma and the value beyond bottom line
The decade-long agreement with a leading sportswear company not only brings substantial revenue but also enhances the club’s international visibility, attracting further profitable...
Read Full Article →Why does British Gas keep playing dumb over my faulty smart meter?
Many customers face financial uncertainty due to malfunctioning smart meters that hinder accurate billing, leading to estimated charges that may be difficult to dispute with their...
Read Full Article →Smoking avatars and online games: how big tobacco targets young people in the metaverse
The emerging presence of tobacco promotions in virtual environments presents potential financial opportunities and risks for companies and regulators as they navigate unregulated d...
Read Full Article →AstraZeneca to invest $50bn in US by 2030 amid Trump tariff threats
AstraZeneca plans to allocate $50 billion over the next decade to enhance manufacturing and research capabilities across multiple US states, reflecting a strategic commitment amid...
Read Full Article →Government borrowing soars to second-highest level on record
The substantial increase in government debt last month highlights growing financial pressures caused by higher interest expenses, which may impact future budget allocations and eco...
Read Full Article →