Finance News – U.K.
What is your interest today?
Diageo CEO steps down after drink firm’s lacklustre performance
Diageo’s leadership change follows a period of underwhelming financial results, impacted by challenging global market conditions and investor concerns about the company’s recovery...
Read Full Article →FCA boss sounds alarm on financial warfare and debt levels
The FCA leader highlighted increasing government borrowing and potential assaults on the UK's financial systems as major concerns, urging enhanced transparency in government bond t...
Read Full Article →Wall Street banking giants ride tariff rebound to booming revenue
Major financial institutions experienced increased income during the second quarter, benefiting from heightened market fluctuations that boosted trading and advisory services beyon...
Read Full Article →Google inks $3bn US hydropower deal as it expands energy-hungry datacenters
Google’s $3 billion agreement to purchase hydropower over two decades supports its expanding data center operations and AI development by ensuring a substantial clean energy supply...
Read Full Article →As we race headlong into our glorious AI-powered future, are we on the road to Idiocracy? | Peter L...
The influence of dominant technology companies on policy decisions raises concerns about potential economic consequences and the direction of future market dynamics in the AI-drive...
Read Full Article →Exclusive: 1 in 5 firms shift addresses ahead of Companies House reforms
A significant portion of UK businesses altered their registered locations and legal structures from early 2022 to early 2025, reflecting strategic adjustments in anticipation of up...
Read Full Article →Isa shakeup: How can Rachel Reeves nudge savers into buying stocks and shares?
The government's proposed initiatives aim to encourage individuals to allocate more of their savings toward equity investments, potentially increasing financial returns while suppo...
Read Full Article →Apple inks $500m deal for rare earth magnets with US mining firm
Apple’s $500 million agreement with a domestic supplier highlights efforts to secure critical materials and reduce reliance on foreign sources amid recent export restrictions affec...
Read Full Article →Tesco seeks to appeal decision in ‘equal pay’ £4bn lawsuit ahead of final hearing
Tesco is pursuing a legal challenge to potentially reduce or eliminate a substantial financial liability related to claims of wage disparities before the conclusion of the upcoming...
Read Full Article →Co-op boss admits all 6.5m members had data stolen in cyber-attack
The breach could lead to increased security costs and potential trust issues, possibly affecting member retention and overall financial performance for the organization in the comi...
Read Full Article →UK inflation rises unexpectedly to 3.6% driven by food and fuel prices
The recent increase in the consumer price index suggests ongoing inflationary pressures, which may influence monetary policy decisions and affect household budgets and business cos...
Read Full Article →Morgan Stanley profits rise 15% as wealth and trading divisions shine
Morgan Stanley experienced a notable increase in earnings, driven by strong performance in its wealth management and trading sectors, with substantial net inflows contributing to i...
Read Full Article →Goldman profits jump 22% on investment banking revival
Goldman Sachs experienced a significant increase in earnings due to a resurgence in investment banking activity, with both advisory fees and strong performance in equity trading co...
Read Full Article →FTSE 100 giant Diageo to replace CEO Debra Crew
Diageo’s leadership change reflects efforts to stabilize the company’s financial performance and restore shareholder trust amid recent declines in revenue and market valuation.
Read Full Article →Barclays fined £42m over poor handling of financial crime risk
The regulatory authority imposed a substantial monetary penalty on Barclays due to inadequate oversight and risk management practices associated with two corporate accounts connect...
Read Full Article →London-listed NCC weighs sale of cybersecurity arm
NCC Group is conducting a strategic review that may result in selling its cybersecurity business, potentially impacting its overall financial position and market value.
Read Full Article →All aboard the Nike Northern line? Why corporate takeovers of London's tube are a terrible idea | Ol...
Introducing corporate sponsorship to London’s subway system could alter its traditional values and impact public access, raising concerns about the long-term financial implications...
Read Full Article →Asda faces another hefty fine for selling expired food in stores
The substantial penalties imposed on Asda for repeatedly offering products past their sell-by date highlight significant financial risks associated with non-compliance to food safe...
Read Full Article →UK inflation unexpectedly rises to 18-month high of 3.6%
The recent increase in inflation to its highest point in a year and a half complicates the central bank's plans, potentially delaying any decisions to lower interest rates.
Read Full Article →UK inflation at highest for almost a year and a half
The recent increase in the cost of essential goods such as food and clothing, combined with minimal decreases in fuel prices, has contributed to a notable rise in the general infla...
Read Full Article →Loveholidays owner hires bankers to plot stock market getaway
The company behind Loveholidays has engaged financial advisors to explore options for raising capital through a possible listing on a public exchange.
Read Full Article →Sick pay changes could benefit UK firms by up to £2bn, TUC says
Modifying sick leave policies to partially compensate employees from their initial absence may improve workforce stability and efficiency, potentially resulting in substantial fina...
Read Full Article →House prices ‘continue to surprise’ as average property value ticks up in May
The steady increase in UK property values during May, despite policy changes, indicates ongoing demand and impacts household wealth as well as potential mortgage borrowing costs.
Read Full Article →Trump threatens to impose drug and chip tariffs as soon as 1 August
The potential introduction of substantial import taxes on medications and semiconductor goods could significantly affect trade costs, supply chains, and pricing strategies for comp...
Read Full Article →‘What reforms?’ City leaders underwhelmed by Rachel Reeves’ financial strategy
Several financial experts at a recent industry event expressed disappointment in the UK chancellor's approach, suggesting that more decisive measures are needed to stimulate econom...
Read Full Article →Swatch: Rachel Reeves’ tax hikes could see profit fall further
Swatch has indicated that recent increases in employer-related tax obligations in the UK are likely to raise expenses and potentially reduce the company’s earnings in the region mo...
Read Full Article →Soaring beef and butter prices drive food inflation in June
Rising costs for key dairy and meat products have contributed to elevated food price increases, significantly impacting overall consumer inflation and reflecting broader economic p...
Read Full Article →Andrew Bailey sets Donald Trump challenge on tariff plans
Bank of England Governor Andrew Bailey highlighted concerns that conflicting tariff policies could disrupt global markets and financial stability, urging clearer explanations to su...
Read Full Article →Barclays slapped with £42m fine for financial crime failings
The Financial Conduct Authority imposed a £42 million penalty on Barclays due to deficiencies in the bank’s procedures aimed at preventing financial crime and adequately assessing...
Read Full Article →UK inflation rise makes it clear: the cost of living crisis has not gone away
The unexpected increase in consumer prices suggests ongoing economic challenges, likely prompting monetary authorities to maintain elevated borrowing costs for an extended period t...
Read Full Article →