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FCA names interim FOS chair after abrupt leadership shake-up
The appointment of Liam Coleman as interim chair of the Financial Ombudsman Service aims to stabilize the organization amid leadership changes, which may impact regulatory oversigh...
Read Full Article →Euro weakens as markets rally following EU-US trade deal
Despite a positive response in global equity markets, concerns over the EU-US trade agreement led to a decline in the euro's value against the dollar, impacting currency exchange r...
Read Full Article →LNER revenue passes £1bn as cancellations cut
LNER experienced a notable increase in income exceeding one billion pounds, attributed in part to improved service reliability through a reduction in the number of train cancellati...
Read Full Article →Everyman: Shares in luxury cinema rise after revenue spikes
Everyman experienced a notable increase in its stock value following a report that first-half revenue grew substantially, driven by strong profit gains across its 48 UK locations.
Read Full Article →Northern: Cancellations rise as train company’s profit grows
Despite an increase in service disruptions, the publicly owned rail operator experienced higher earnings over the most recent fiscal period ending March 2025, according to official...
Read Full Article →Axe The Racing Tax: British Horseracing Authority launches petition
The British Horseracing Authority has initiated a petition to oppose a proposed tax increase that could reduce annual revenues by £66 million and threaten the livelihoods of thousa...
Read Full Article →European markets rally as Trump and EU ink trade deal
Following the new agreement between the United States and the European Union, major stock indices in Europe experienced notable gains, reflecting increased investor confidence and...
Read Full Article →Wasabi: Sushi restaurant chain sheds jobs as profit slashed
Wasabi experienced a notable reduction in earnings alongside a workforce decrease of over 100 employees, reflecting challenges faced by the London-based sushi chain during its rece...
Read Full Article →Goods now make up just 40 per cent of UK exports
The decreasing share of physical products in the UK's total exports highlights a growing reliance on the service sector, reflecting shifts in the country’s economic structure and t...
Read Full Article →Christian Dior: UK sales and profit slashed despite demand for watches and jewellery
Christian Dior’s UK division experienced a significant decline in revenue and earnings despite increased consumer interest in its luxury timepieces and accessories during the repor...
Read Full Article →Wood Group likely to recommend takeover sparking delisting fears
The potential acquisition of the London-listed engineering firm by a private Middle Eastern company could lead to its removal from the stock exchange, raising concerns among invest...
Read Full Article →Trump secures ‘big win’ in EU trade deal after Brussels retreats
The agreement between the United States and the European Union is expected to enhance bilateral trade relations, potentially increasing market access and economic growth for both p...
Read Full Article →Surj leads £30m investment in T100 to bolster Saudi Olympic ambitions
Surj Sports Investment contributed £30 million to the Professional Triathlon Organisation, aiming to strengthen triathlon development and support Saudi Arabia's broader goals in Ol...
Read Full Article →Ransomware ban won’t save councils or NHS without urgent cyber investment
The UK government’s prohibition on ransom payments aims to combat cybercrime, but experts warn that without increased funding for cybersecurity measures, public organizations may c...
Read Full Article →Shell: FTSE 100 giant in line for profit hit after oil woes
The energy company faces reduced earnings in the latest quarter due to fluctuations in oil markets, impacting its overall financial results while maintaining efforts to provide ret...
Read Full Article →Breadmakers Hovis and Kingsmill butter up £75m merger
The planned combination of two major bread producers is anticipated to generate substantial cost reductions, potentially improving overall financial performance and market competit...
Read Full Article →IMF warns UK faces ‘significant challenges’ amid trade war
The International Monetary Fund highlighted that unexpected economic shocks could threaten the UK government’s fiscal targets, emphasizing constrained flexibility in public finance...
Read Full Article →Law firm partner hiring surges in City amid private equity boom
The growing interest in private equity has led to a notable increase in the recruitment of senior legal professionals within major firms, reflecting strong financial opportunities...
Read Full Article →Formula E signs World Championship extension with FIA until 2048
The agreement secures long-term stability and potential revenue growth for Formula E by maintaining its unique status as the sole all-electric single-seater World Championship thro...
Read Full Article →Rightmove demands stamp duty overhaul
Adjusting the current property tax thresholds to align with recent market changes could reduce costs for new buyers, potentially increasing activity and liquidity within the housin...
Read Full Article →Trump Scotland visit: Starmer to push for zero steel tariffs
The upcoming meeting between the US President and Sir Keir Starmer aims to address trade barriers, potentially impacting the cost competitiveness and market access of the British s...
Read Full Article →Why on earth isn’t the pensions commission considering the triple lock?
The absence of the triple lock in the pension commission’s review could impact long-term income stability for retirees and influence future government spending commitments on retir...
Read Full Article →Four City traders’ seek appeal against Libor convictions following landmark ruling
The appeal by the four former traders could have substantial financial implications by potentially affecting the validity of previous Libor-related convictions and shaping future r...
Read Full Article →UK retail sales bounce back as Brits enjoyed warmest June on record
Retailers in the UK experienced an increase in sales volume in June, supported by favorable weather conditions that encouraged higher consumer spending on food and beverages after...
Read Full Article →Lions profit share gives players buy-in and shows the future of rugby
The introduction of a profit-sharing arrangement for players marks a significant shift in rugby, potentially increasing their earnings and aligning their incentives with the team's...
Read Full Article →NatWest boosts outlook and kicks off new share buyback
NatWest’s improved forecast and initiation of a substantial share repurchase, along with an increased interim dividend, reflect positive financial momentum and confidence in sustai...
Read Full Article →Rightmove profits rise amid rental and commercial property growth
Rightmove reported increased earnings in the first half of 2025, driven by higher demand for rental and mortgage services, along with more estate agents purchasing enhanced marketi...
Read Full Article →UK-India trade deal will be major boost for financial services
The newly signed UK-India Free Trade Agreement is expected to enhance economic collaboration and create expanded opportunities within Britain’s financial services industry by stren...
Read Full Article →Here’s what private equity and venture capital need from Rachel Reeves
Upcoming modifications in tax policies related to investment returns and residency status are creating uncertainty for investors, highlighting the importance of adopting strategies...
Read Full Article →Jonas Martensson: Minecraft guru on new role with LIV Golf and Cleeks GC
Jonas Martensson’s transition to a leadership position in LIV Golf and Cleeks GC highlights potential new investment opportunities and strategic growth within the emerging sports a...
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