Finance News – U.K.
What is your interest today?
Billionaire hedge fund investor Bill Ackman beaten in ATP Tour debut
Bill Ackman's participation in the ATP Tour, despite his defeat, highlights the crossover between high-profile financial figures and professional sports, potentially influencing in...
Read Full Article →Just 871 affordable homes built in London since 2021
The limited completion of affordable housing in London underscores financial challenges and regulatory obstacles that hinder project viability, affecting overall investment and dev...
Read Full Article →Greenergy biodiesel plant do shut down in latest industrial strategy blow
The closure of a major biodiesel facility in Lincolnshire, responsible for a significant portion of the UK’s output, could impact the country’s renewable fuel supply and related ec...
Read Full Article →Page Group profit tumbles amid job market woes and tariff uncertainty
Page Group experienced a substantial decrease in half-year earnings due to challenging employment conditions and unpredictable international trade policies, resulting in a signific...
Read Full Article →Benefits claimants take home more than minimum wage workers
Research from the Centre for Social Justice indicates that individuals receiving multiple sickness-related benefits may earn a higher total income than those working at minimum wag...
Read Full Article →South West Water to pay £24m to avoid fine from Ofwat over leaks
South West Water will allocate £24 million toward improvements in its wastewater infrastructure and surrounding areas to prevent penalties from the regulator following inadequate m...
Read Full Article →Jupiter snaps up UK’s largest asset manager for non-profits
Jupiter Fund Management’s purchase of CCLA, valued at £100 million, represents a strategic move to enhance its presence in the UK by entering the investment sector serving non-prof...
Read Full Article →Vistry looks to ‘transformative’ government investment as profit drops
Despite a recent decline in earnings, Vistry anticipates that increased public funding for affordable housing will stimulate construction activity and support improved financial re...
Read Full Article →WPP picks Microsoft exec Cindy Rose as CEO amid sliding sales
WPP’s appointment of Cindy Rose as CEO highlights efforts to stabilize the company's financial position following a period of decreased revenues, major client departures, and weake...
Read Full Article →Vienna has been declared a renters’ utopia – here's why | Justin Kadi
Vienna’s extensive public and limited-profit housing sectors play a crucial role in stabilizing rental prices and ensuring broad access to affordable homes, significantly impacting...
Read Full Article →North Sea operators 'running out of time' to plug old oil wells
The delay in sealing over 500 aging oil wells in the North Sea could lead to increased costs and financial liabilities for operators as regulatory deadlines approach.
Read Full Article →Last orders: Pubs in Britain will close at rate of one a day in 2025, trade body warns
The projected daily closure of numerous pubs in the UK this year is expected to result in significant job losses and highlights ongoing financial challenges within the hospitality...
Read Full Article →One pub to close every day in 2025, new dates reveals
The closure of numerous small pubs across the UK in 2025 is expected to result in significant economic impacts, including thousands of job losses and challenges for local economies...
Read Full Article →Banks shut eight branches a week since 2016
The closure of numerous bank locations over recent years reflects a strategic shift towards digital services, resulting in reduced physical access that may impact local economies a...
Read Full Article →Starmer urged to ‘be honest’ about tax plans as business confidence slumps
The decline in business confidence highlights growing concerns among companies about increased expenses and trade uncertainties, which could impact investment decisions and economi...
Read Full Article →Labour’s tax addiction will end in tears
The upcoming budget is anticipated to introduce substantial new taxes, potentially raising £10 billion to £20 billion, which could have significant implications for public finances...
Read Full Article →The Bank of England is dying for data on private markets
The Bank of England’s increasing focus on private market information highlights its efforts to enhance economic oversight and improve decision-making amid evolving financial landsc...
Read Full Article →Something fiscal this way comes: Reeves haunted by ghosts of Truss and the OBR
Chancellor Rachel Reeves confronts considerable economic challenges as past policies and official financial assessments create pressure on government stability amid internal politi...
Read Full Article →Thames Water weighs last-minute rescue backed by ex-Lib Dem peer
Rupert Redesdale, CEO of a water retail firm, is developing a strategic plan supported by Muinín Holdings to potentially stabilize a major utility facing financial challenges befor...
Read Full Article →Trump’s ‘intelligent’ copper tariffs will ‘wake people up’, says mining billionaire
The implementation of a 50% import duty on copper is expected to boost domestic mining activities and enhance national economic interests, according to a prominent industry investo...
Read Full Article →The UK should press ahead with the inevitable on tax
Addressing fiscal challenges promptly is crucial to prevent negative impacts on consumer spending, business investments, and the broader economic expansion in the United Kingdom.
Read Full Article →Dutch pension funds set to sell €125bn of government bonds
The restructuring within the Netherlands' retirement industry is likely to lead to substantial government bond sales, potentially impacting the stability and demand dynamics of Eur...
Read Full Article →An Apollo-backed insurer is coming for the UK’s pensions
A pension-focused insurer supported by Apollo is expanding in the UK, leveraging retirement fund investments to drive private equity growth while adjusting its strategy to suit the...
Read Full Article →Fintech leads surge in London finance hiring
The growing fintech sector contributed to increased employment opportunities in London’s financial industry during the second quarter, driven by higher demand for risk management r...
Read Full Article →Kellogg shares soar on reports of Ferrero takeover talks
The potential acquisition of Kellogg by Ferrero, valued at approximately $3 billion, may significantly impact the market by merging two major players in the food industry.
Read Full Article →Is it time for a wealth tax on the super-rich? – podcast
Implementing a tax on high-net-worth individuals could provide additional government revenue to address budget shortfalls and support programs aimed at reducing economic disparitie...
Read Full Article →Trump threatens Brazil with 50% tariff and demands Bolsonaro's trial end
Imposing a substantial tariff on Brazilian goods could impact trade relations and economic stability, while demanding legal proceedings' conclusion signals heightened political ten...
Read Full Article →Trump threatens to impose 50% tariff on Brazil
The potential introduction of a substantial tariff on Brazilian goods could impact trade relations and economic exchange between the two countries, influencing market stability and...
Read Full Article →UK landlords quit sector as number of homes to let falls, survey says
The ongoing decline in rental properties marks the eleventh consecutive month of market reduction, highlighting shifting investment trends and potential impacts on housing availabi...
Read Full Article →As much as £5bn needed to revive UK’s struggling high streets, study finds
An estimated £5 billion investment is required to improve economic activity in UK town centers, as lower business taxes alone have not sufficiently boosted consumer spending in dis...
Read Full Article →