Finance News – U.K.
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Trump threatens to escalate trade war amid confusion over new tariff rates
The announcement of significantly increased tariffs on imported pharmaceuticals and copper introduces uncertainty into global markets and may impact international trade dynamics an...
Read Full Article →Rachel Reeves to face fresh blow with sluggish growth data
The latest economic figures indicating minimal expansion in May may challenge the government's efforts to stimulate growth and could impact investor confidence and fiscal planning.
Read Full Article →Exhausted, angry, heartbroken: Postmasters react as horror of scandal laid bare
The inquiry's initial findings reveal significant financial discrepancies and challenges faced by sub-postmasters, highlighting the broader economic impact and trust issues within...
Read Full Article →EDF will invest £1.1bn in Sizewell C plant, French and UK governments announce
EDF’s £1.1 billion contribution, representing a 12.5% share, complements the UK government’s £14.2 billion funding commitment to support the development of the Sizewell C nuclear f...
Read Full Article →What is the triple lock and how much is the state pension worth?
The mechanism ensures that state pension payments increase annually based on the highest of inflation rate, average wage growth, or a minimum percentage, protecting retirees’ incom...
Read Full Article →Trump is bullying Canada over ‘digital taxes’ and Canada caved | Joseph Stiglitz
The conflict over digital levies highlights the broader financial impact on international revenue, as imposing tariffs or withdrawing negotiations may affect billions owed from mul...
Read Full Article →EDF investment hailed as ‘vote of confidence in UK’, despite reduced stake
EDF’s continued involvement in the Sizewell C nuclear project underscores ongoing international interest in UK infrastructure, reflecting both commitment and financial adjustments...
Read Full Article →Two-week deadline set to find buyer for ailing Lindsey oil refinery
Authorities have established a 14-day timeframe to secure a purchaser for the struggling Lindsey oil refinery as concerns increase regarding its long-term operational and economic...
Read Full Article →Britain remains trapped in poor economic policy | Letters
The debate highlights concerns about economic management strategies, emphasizing risks associated with altering central bank roles and potential impacts on fiscal stability and mar...
Read Full Article →Time for some straight talking on the cost of clean energy. It isn’t a free lunch | Nils Pratley
UK consumers await clarity on future energy expenses as the government’s approach to electricity pricing and the transition to greener sources increasingly influences household bil...
Read Full Article →Rishi Sunak takes advisory role with Goldman Sachs while serving as MP
Rishi Sunak's advisory position at Goldman Sachs provides him with additional income, although lobbying limitations and charitable donation commitments affect the financial benefit...
Read Full Article →Brits back spending cuts over tax rises
Recent surveys indicate that the majority of British voters favor reducing government expenditures rather than increasing taxes, highlighting a potential challenge for the current...
Read Full Article →Innocent subpostmasters went to jail, but now it is clear: the Post Office boss class belong there i...
The wrongful convictions led to significant financial compensation demands and raised concerns about corporate accountability, affecting public trust and prompting reforms in overs...
Read Full Article →Post Office and Fujitsu chiefs ‘maintained fiction’ on faulty Horizon system
The flawed Horizon system led to significant financial discrepancies for postmasters, resulting in wrongful accusations and compensation claims that had considerable economic impac...
Read Full Article →Rishi Sunak joins Goldman Sachs as senior adviser
Rishi Sunak’s return to Goldman Sachs as a senior adviser highlights his continued influence within the financial sector and may impact strategic decisions at the global investment...
Read Full Article →Wall Street turns more bullish on US stocks despite Trump’s tariff threats
Several major financial institutions have increased their forecast for the S&P 500, indicating growing investor confidence in the U.S. market despite ongoing concerns about trade t...
Read Full Article →Rishi Sunak rejoins Goldman Sachs as an adviser
Rishi Sunak’s return to a senior advisory position at a major financial firm underscores his ongoing influence within both the political and economic sectors, potentially impacting...
Read Full Article →‘Now Brexit is behind us’: what’s at stake as Macron makes state visit to the UK?
The upcoming state visit highlights the importance of maintaining strong economic and diplomatic connections between the UK and France to support significant bilateral trade and ad...
Read Full Article →Public finances in 'relatively vulnerable position', OBR warns
The government's official economic body has indicated that the current state of the country's budget may face challenges, highlighting potential risks to fiscal stability in the ne...
Read Full Article →Abu Dhabi sovereign investor eyes $100m slice of Revolut
A state-owned investment firm from Abu Dhabi is in advanced talks to acquire an additional $100 million share in Revolut, potentially expanding its existing holdings in the digital...
Read Full Article →UK public finances on ‘unsustainable’ path amid growing climate, debt and pension costs
The Office for Budget Responsibility has indicated that rising expenses related to environmental challenges, retirement funding, and existing liabilities could cause the UK’s natio...
Read Full Article →UK cannot afford triple lock pension, OBR says
The Office for Budget Responsibility has indicated that maintaining the current pension increase policy may strain public finances, prompting debates over welfare adjustments to en...
Read Full Article →UK faces ‘daunting’ risks to public finances, OBR warns
The fiscal watchdog indicates that the country’s capacity to manage unexpected economic challenges has significantly weakened, posing considerable concerns for the stability of gov...
Read Full Article →David Lloyd Leisure owner TDR Capital close to finalising £2bn 'sale'
The current private equity firm supporting the premium fitness chain is nearing completion of a transaction valued at approximately £2 billion, ensuring their ongoing stewardship o...
Read Full Article →M&S chair reveals two recent major company hacks have ‘gone unreported’; UK public finances ‘facing...
Recent undisclosed cybersecurity breaches at a major retailer highlight growing concerns about vulnerabilities that could contribute to increased financial pressures on the UK gove...
Read Full Article →Germany warns EU ready to retaliate unless US reaches ‘fair’ trade deal
Germany signals that unresolved trade disagreements with the United States could prompt the European Union to implement countermeasures, potentially affecting tariffs, market acces...
Read Full Article →M&S chair: UK needs to muscle up to tackle cyber threats
Marks and Spencer’s chair highlighted that enhancing the UK’s cybersecurity capabilities is essential to protect financial interests and foster greater confidence among investors i...
Read Full Article →Japan business accuses Tokyo of ‘mistake’ in US trade talks strategy
Analysts suggest that the Japanese government’s approach to negotiating tariff exemptions with the United States may have impacted economic relations and trade revenues between the...
Read Full Article →Monzo fined £21m after customers used No 10 and Buckingham Palace as addresses
The substantial monetary penalty imposed on Monzo highlights regulatory concerns over inadequate verification processes amid rapid customer growth, emphasizing the importance of st...
Read Full Article →Revolut: UK fintech launches stocks and shares ISA
Revolut’s introduction of stocks and shares ISAs in the UK broadens its financial services, enabling users to invest in a wide range of ETFs through collaborations with major asset...
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