Finance News – U.K.
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Tennis chiefs demand action from gambling industry over online abuse
The growing financial impact on the sport includes potential revenue loss as increasing online abuse linked to gambling may harm player wellbeing and deter sponsorship and fan enga...
Read Full Article →Wowcher: Profit slashed after huge refund over pressure selling tactics
Wowcher experienced a substantial decrease in earnings following the Payment of over £4 million in refunds to nearly 870,000 customers due to concerns raised by the UK competition...
Read Full Article →‘Vital’ that British steel gets Trump tariff deal after UK-US trade pact, say unions
Securing exemptions from US tariffs is crucial for the British steel industry’s financial stability, as ongoing levies could increase costs and reduce competitiveness in transatlan...
Read Full Article →Flora and I Can’t Believe It’s Not Butter maker issues huge pay day
The company responsible for Flora and I Can’t Believe It’s Not Butter distributed a substantial dividend of £90 million, marking its first significant financial payout since privat...
Read Full Article →Global oil supplies forecast to outstrip demand this year despite Middle East war
The International Energy Agency projects an increase in oil production next year that could exceed consumption, potentially influencing market prices and economic stability worldwi...
Read Full Article →Losses continue at maker of BBC Question Time as jobs shed
The production company experienced significant financial challenges, reporting a substantial pre-tax deficit and a sharp decline in revenue over two years, which contributed to wor...
Read Full Article →UK bank TSB could be sold off by Spanish owner Sabadell
The potential sale of TSB by its Spanish parent Sabadell reflects strategic financial moves amid a substantial takeover attempt by a competing Spanish banking group valued at €11 b...
Read Full Article →Bitcoin minnow Smarter Web Company joins ranks of UK’s most valuable businesses
Following a rapid increase in its share price, The Smarter Web Company has reached a market valuation of £720 million, positioning it among the more prominent publicly traded firms...
Read Full Article →Rachel Reeves mulls inheritance tax U-turn as non-doms flee
Rachel Reeves is considering adjustments to global asset taxation for non-domiciled individuals in response to increased financial outflows and concerns raised by the City regardin...
Read Full Article →UK aerospace sector to avoid tariffs as Trump-Starmer trade deal clinched
The newly established trade agreement between the UK and the US is expected to reduce costs for aerospace manufacturers and automobile exporters by eliminating import duties and fo...
Read Full Article →Capita shifts to agentic AI to save cash
Capita aims to improve its financial performance by implementing autonomous AI technology, expecting that operational efficiencies and reduced expenses will help counteract recent...
Read Full Article →Banco Sabadell weighing sale of TSB Bank
Banco Sabadell is considering divesting its UK retail banking subsidiary following external inquiries, which could impact its financial structure and strategic positioning in the i...
Read Full Article →World’s largest banks pledged $869bn to fossil fuel firms in 2024, new report finds
In 2024, leading global financial institutions substantially raised their monetary support to companies in the coal, oil, and gas sectors, increasing total investments by over $160...
Read Full Article →EDF sent me a £2,700 bill in my first home after foster care
Receiving an unexpected large energy bill years after moving into a new home can create significant financial strain, especially when payment arrangements and billing periods are u...
Read Full Article →Sky, ITV and Channel 4 join forces in fightback against big tech’s ad market dominance
By combining their advertising platforms, Sky, ITV, and Channel 4 aim to create more accessible opportunities for smaller businesses, potentially altering the competitive landscape...
Read Full Article →Adult gaming centres failing to help problem gamblers self-exclude
The ineffective application of exclusion programs at numerous gaming establishments risks ongoing financial harm to vulnerable individuals and raises questions about regulatory ove...
Read Full Article →Carried interest: London’s dealmakers bask in rare lobbying win
London’s financial sector benefits from continued favorable tax treatment on investment income, allowing private equity professionals to retain substantial earnings despite propose...
Read Full Article →Nyetimber: English sparkling wine group aims to build a global brand
Nyetimber’s strategy to expand internationally highlights the potential for increased revenue and market share as demand for English sparkling wine continues its notable growth in...
Read Full Article →Are Brexit Britain and Carney’s Canada a dream match?
The evolving economic relationship between the UK and Canada highlights opportunities for adapting financial strategies amid changing trade policies and regulatory environments.
Read Full Article →Sky, Channel 4 and ITV launch first unified ad marketplace
The collaboration between major UK broadcasters aims to streamline advertising efforts, enabling SMEs to efficiently reach wider audiences through a single platform, potentially tr...
Read Full Article →WFH: Office workers in line for quicker promotions and higher pay
Employees who maintain a consistent presence in the workplace tend to receive greater salary increases and accelerated career advancement compared to colleagues who primarily work...
Read Full Article →UK economy rebound hopes gather as City ‘ready to invest’
Recent business surveys indicate cautious optimism in the UK market, suggesting potential increases in investment and economic growth that could positively impact overall financial...
Read Full Article →Welfare, debt and the NHS: Our public finances are on the road to ruin
Rising government spending on social programs, growing national debt, and healthcare costs are creating significant challenges for the sustainability and stability of the country’s...
Read Full Article →Liquid Glass launch shows Apple is cautious on AI
Apple’s recent unveiling of the ‘liquid glass’ technology suggests a measured approach toward AI advancements, potentially reflecting careful consideration of market risks and inve...
Read Full Article →Britain can’t afford to spend £24,000 on every adult
The rising government expenditure, largely attributed to debt servicing as well as healthcare and social support, poses considerable challenges to the United Kingdom’s long-term fi...
Read Full Article →Does the UK need nuclear to reach net zero? – podcast
The UK government’s £14 billion commitment to developing a new nuclear facility highlights its strategy to secure long-term low-carbon energy despite concerns over financial risks...
Read Full Article →Simply: Fintech SME lender expands loan book as firms turn to debt finance
The increase in lending by the UK-based fintech company highlights a growing reliance on borrowed capital by small and medium businesses to support their growth initiatives through...
Read Full Article →Trump signs order confirming parts of UK-US tariff deal
The agreement between the United States and the United Kingdom aims to lower import taxes on specific products, including automobiles, potentially influencing trade costs and econo...
Read Full Article →Trump signs executive order to implement US-UK trade deal
The new executive order aims to enhance trade relations between the US and UK, potentially accelerating advantages for automotive and aerospace sectors while leaving some uncertain...
Read Full Article →US-UK trade deal 'done', says Trump as he meets Starmer at G7
The completion of a bilateral trade agreement between the United States and the United Kingdom is expected to influence economic relations and potentially enhance commerce between...
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