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UK loses more billionaires than any other country
Recent data indicates that the United Kingdom experienced the highest decline in the number of billionaires globally over the past two years, raising concerns about the potential i...
Read Full Article →Fans will end up paying for football regulator, Tories warn
Supporters of lower-tier football clubs may experience increased costs as these teams could be required to contribute significant funds to cover the expenses of a newly established...
Read Full Article →Norton Motorcycles: Losses pass £100m after rescue as global expansion eyed
Norton Motorcycles has experienced substantial financial setbacks exceeding £100 million following its acquisition, influencing its strategic planning as the company looks to broad...
Read Full Article →Regulators, mount up: FCA taking on City AM Triathlon Team Challenge
The FCA's participation in the City AM Triathlon highlights its commitment to fostering teamwork and visibility within the financial sector while engaging in a high-profile industr...
Read Full Article →Fintechs lobby Rachel Reeves for tax incentives to boost listings
Leading British fintech companies have requested government support through tax benefits to encourage domestic public offerings, aiming to retain their growth and investment opport...
Read Full Article →Not on the High Street slashes jobs as losses widen
The company has reduced its workforce multiple times recently in an effort to address increasing financial challenges caused by declining revenue and expanding deficits.
Read Full Article →Bank of England warns on market impact of Trump tariffs
The Bank of England highlighted that further trade measures introduced by the United States might increase financial market instability, significantly influencing the UK economy du...
Read Full Article →Wealth and stealth: Starmer eyes fresh tax hikes
Keir Starmer is considering new forms of taxation as concerns grow over fiscal sustainability, following the watchdog’s warning about rising welfare expenses and their impact on go...
Read Full Article →How M&A dealmakers can ride out geopolitical storms
Political instability often presents challenges and risks, yet strategic mergers and acquisitions during such times can enable investors to capitalize on undervalued assets and gen...
Read Full Article →Will High Net Worths save LVMH’s share price?
The decline in LVMH’s stock value highlights investor caution, making affluent individuals’ purchasing decisions increasingly crucial for stabilizing the company’s financial perfor...
Read Full Article →Digital illusion: How the UK’s paper-based processes fuel cyber attacks
Many small and medium-sized UK businesses face increased financial risks and reduced growth potential due to reliance on outdated verification methods that leave them vulnerable to...
Read Full Article →Alarming OBR forecast is too optimistic – debt is set to be 647 per cent of GDP
The Office for Budget Responsibility’s projections may underestimate future debt levels due to overly positive assumptions about productivity growth, indicating that the UK’s finan...
Read Full Article →Trump tariffs: FTSE 100 holds steady as pharma and metals brace for levies
The anticipation of upcoming trade duties on pharmaceutical and metal industries has prompted cautious market reactions, while the leading UK stock index maintained stability amid...
Read Full Article →Hovis: Losses widen amid Kingsmill merger talks
Hovis experienced an increase in pre-tax losses to £4.7 million for the year ending September 2024, coinciding with discussions regarding a potential combination with Kingsmill’s p...
Read Full Article →Hamleys: More loss-making stores closed by iconic toys seller
Hamleys’ decision to close numerous underperforming outlets while opening new ones reflects efforts to improve overall profitability and stabilize the company’s financial position...
Read Full Article →Watchdog probe to net £100m from listed housebuilders for affordable schemes
The investigation by the UK regulator into several major housing companies is expected to secure a £100 million contribution aimed at supporting more affordable housing development...
Read Full Article →WPP shares dive after sales slump
WPP experienced a significant market decline following forecasts of decreased revenue in the first half, attributed to the loss of important clients impacting its overall financial...
Read Full Article →Galliford Try ‘well-positioned’ to benefit from government spending
Galliford Try anticipates stronger-than-expected profits this year as it capitalizes on increased public investment in affordable housing, infrastructure, and regulated sectors suc...
Read Full Article →Jet2 hikes dividend on record passenger numbers
Despite increased profits and a higher annual dividend driven by strong passenger growth, Jet2’s stock declined due to investor concerns about ongoing international geopolitical ri...
Read Full Article →Rolex sponsored Wimbledon stars made to pay for own watches
Although being sponsored by a prestigious watch brand can enhance a tennis player's image, the financial burden of purchasing the timepieces themselves often offsets the perceived...
Read Full Article →The Debate: Should Rachel Reeves reduce the Cash ISA allowance?
Reducing the maximum contributions to Cash ISAs could impact personal savings habits and disposable income, potentially influencing overall financial stability and economic activit...
Read Full Article →Will the Renter’s Rights Bill push up costs for student accommodation?
The proposed legislation is expected to alter rental agreements and eviction practices, potentially increasing operational expenses for student housing providers and influencing ov...
Read Full Article →London’s nighttime economy is crumbling. Yet the show must go on
The decline of London's after-hours businesses has notable economic implications, impacting revenue and employment, yet efforts continue to sustain entertainment and cultural activ...
Read Full Article →These charts show the scale of the London Stock Exchange’s decline
The departure of a minor company from a key segment of the London market highlights ongoing challenges and shifting investor confidence that may impact overall financial activity i...
Read Full Article →Morrisons taps Google’s Gemini AI to solve the supermarket scavenger hunt
By implementing an AI-driven product locator developed with Google Cloud, Morrisons aims to enhance customer experience and potentially increase sales through improved in-store nav...
Read Full Article →Labour’s Mansion House will be lift-off or letdown for banks
Rachel Reeves’ upcoming Mansion House address is expected to outline key policies that could significantly impact the banking industry’s role in Britain’s economic growth and compe...
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