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James Reed: UK jobs market is among worst I’ve ever seen
The prolonged downturn in employment over nearly three years highlights significant challenges in the UK labor market, potentially impacting economic growth, business stability, an...
Read Full Article →Industrial strategy shows Labour has a long-term plan for growth
The government’s industrial policy aims to enhance productivity and stimulate economic expansion by fostering sustained collaboration between public institutions and private enterp...
Read Full Article →FCA reviewing bank risk appetite to boost home ownership
The regulator’s assessment of lending practices aims to encourage more accessible mortgage options, potentially impacting housing affordability and stimulating broader economic act...
Read Full Article →Reynolds refuses to rule out further changes to ZEV mandate
The possibility of additional adjustments to the zero-emissions-vehicle regulations creates uncertainty for manufacturers, potentially impacting investment decisions and the overal...
Read Full Article →Falling wage growth could usher interest rate cuts, Andrew Bailey suggests
A slowdown in employee earnings may prompt the central bank to consider lowering borrowing costs to support economic stability in the near future.
Read Full Article →Slim pickings: grocery sales down as Brits turn to weight-loss jabs
The increasing adoption of prescription medications for weight management is contributing to reduced grocery store revenues, as consumers adjust their purchasing habits beyond typi...
Read Full Article →Borders watchdog casts doubt on Labour pledge to end asylum hotels
The borders watchdog has expressed skepticism about the Labour government’s claim that ending the use of hotels for asylum seekers by 2030 will result in annual savings of approxim...
Read Full Article →Rangers takeover: 49ers promise to attract better sponsors and signings
The involvement of a prominent American ownership group is expected to enhance the club's marketability, leading to increased revenue opportunities through improved sponsorships an...
Read Full Article →ONS appoints Bank of England data exec as new chief
The appointment of a senior Bank of England data expert aims to strengthen the Office for National Statistics’ leadership amid concerns about data management and its impact on econ...
Read Full Article →Manufacturers falter as Reeves urged to fast-track growth policies
The decline in manufacturing output highlights the urgent need for government support through rapid implementation of skills development and technological advancements to stimulate...
Read Full Article →High street stalwart Claire’s explores a sale as cost pressures mount
Claire’s, facing increasing financial challenges and competitive pressures, is considering options that may include selling the business to address rising operational expenses and...
Read Full Article →Inflation ‘plateau’ could keep interest rates higher, Bank hawk warns
Persistent elevated inflation levels are likely to influence the central bank’s decision to maintain elevated borrowing costs, potentially impacting economic growth and financial m...
Read Full Article →Natwest executive top choice to lead Reeves’ National Wealth Fund
Appointing a high-ranking Natwest official to manage the National Wealth Fund could influence the strategic oversight and allocation of substantial public financial resources under...
Read Full Article →Chelsea fans slam club’s ‘exploitative’ new ticket policies
The recent increase in season ticket prices at Chelsea, averaging 17 percent over two years, has raised concerns about the club’s approach to maximizing revenue from dedicated supp...
Read Full Article →Cavendish shares eye year high after rejecting deals unit takeover
Cavendish’s stock rose notably following the company’s decision to decline acquisition proposals for its transaction division, reflecting investor confidence amid unsolicited inter...
Read Full Article →FTSE 100 held back by Shell and BP after ‘fragile’ ceasefire
The modest increase in the FTSE 100 was limited by declining shares of major energy companies, reflecting ongoing market uncertainties and impacting overall investor confidence.
Read Full Article →Motorsport Valley a £16bn jewel in crown of UK, new report says
Motorsport Valley, encompassing regions such as the Midlands and Oxfordshire, generates a turnover of £16 billion, highlighting its important role in the UK’s advanced manufacturin...
Read Full Article →Higher tax ‘inevitable’ as PM makes defence spending pledge
Increasing defence expenditure to a larger portion of the country’s economic output is likely to require additional revenue generation through taxation, according to economic analy...
Read Full Article →Glengoyne whisky maker suffers worst decline in decades as demand falls
Ian McLeod Distillers experienced a substantial reduction in pre-tax profit to £15.6 million for the year ending September 2024, reflecting a significant downturn in consumer inter...
Read Full Article →Saga shares jump after revealing banking tie-up with Natwest
Saga’s stock experienced an increase following the announcement of impending collaboration with a major financial institution, signaling potential growth and enhanced financial ser...
Read Full Article →Record profit for Harry Potter and the Cursed Child theatre owner
Nimax Theatres reported a pre-tax profit of £10 million for the year ending September 2024, marking a significant financial milestone for the company managing the West End producti...
Read Full Article →Amazing AI becomes latest Aquis-listed firm to adopt Bitcoin reserve policy
The company’s decision to include cryptocurrency in its treasury strategy reflects a growing trend among Aquis-listed firms, potentially influencing investor interest and impacting...
Read Full Article →UK industrial strategy labels cyber a key frontier technology
The UK government’s industrial strategy highlights cyber security as a vital sector, emphasizing increased funding and support to enhance economic growth and strengthen digital inf...
Read Full Article →Sunny spring boosts grocers as Brits buy 2,400 packs of strawberries every minute
The recent period of warm weather in the UK led to increased demand for seasonal produce and frozen treats, contributing to higher sales despite ongoing challenges from rising food...
Read Full Article →Sales spike at Elon Musk’s Starlink as profit almost doubles
Starlink's recent financial reports indicate a substantial increase in revenue and nearly doubled pre-tax earnings, reflecting improved business performance in the UK market during...
Read Full Article →FCA vows to take action faster amid jump in whistleblower reports
The increase in whistleblower submissions has prompted the UK regulator to accelerate its processing times, potentially enhancing oversight and financial market integrity through m...
Read Full Article →UK’s competition watchdog sets its sights on Google search
The regulatory inquiry could lead to increased oversight of Google's search advertising practices, potentially affecting pricing structures and competitive dynamics within the UK d...
Read Full Article →Exclusive: Euroclear expands Crest functionality in private markets in bid to widen investor pool
Euroclear’s enhancement of its Crest system introduces increased escrow capabilities for private companies, potentially improving transaction efficiency and attracting a broader ra...
Read Full Article →Winter fuel payments: there is a better way to help with energy bills
Adjusting support based on income rather than age could more effectively alleviate the burden of rising energy costs, which currently average £1,720 per household each year.
Read Full Article →Zopa: Fintech bank takes on HSBC and Lloyds with current account
Zopa's introduction of a competitive current account with cashback and attractive interest rates aims to challenge established UK banks by providing customers with enhanced financi...
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