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Firstgroup: Profit at Avanti West Coast owner beats expectations
Firstgroup’s stronger-than-expected annual revenue has enabled an increased dividend payout and an extension of the share repurchase program, signaling robust financial performance...
Read Full Article →Unemployment creeps up as firms cut jobs following Reeves tax raid
Recent job reductions by companies have led to a slight increase in the unemployment rate, potentially challenging government efforts to stimulate economic growth and improve emplo...
Read Full Article →Lord Ashcroft bought shares in Mitie on day it made offer for firm he founded
Lord Ashcroft invested £1 million in Mitie by purchasing over 700,000 shares on the day the company disclosed discussions regarding a £370 million acquisition of a business he help...
Read Full Article →Green light for Sizewell C as £14.2bn to go to major nuclear project as part of Spending Review
The government’s allocation of £14.2 billion to the Sizewell C project highlights a substantial investment in expanding nuclear energy infrastructure within the UK’s broader Spendi...
Read Full Article →Nikhil Rathi’s FCA is ready to go on the offensive
Nikhil Rathi’s renewed leadership of the FCA comes amid increased governmental expectations, highlighting a strategic shift aimed at fostering market development while managing reg...
Read Full Article →Londoners most at risk of online fraud, report reveals
Research indicates that a considerable portion of London residents face challenges in managing finances online, which may lead to increased economic vulnerability compared to indiv...
Read Full Article →Voters reject Reeves’ plans for state power on pension investments
Recent polling indicates that most British voters are against government control over how pension funds are invested, potentially limiting the state's ability to influence economic...
Read Full Article →Reeves’ central mission is in tatters
The recent poll highlights the Chancellor’s weakened standing, suggesting that the upcoming fiscal plan may face challenges in gaining public and political support amid ongoing eco...
Read Full Article →Legal & General CEO: Urgent action is needed to get Brits saving more, earlier
Building a sufficient retirement fund requires individuals to increase their savings promptly, highlighting the importance of enhancing pension contributions to ensure financial se...
Read Full Article →UK GDP growth expected to slide after Awful April
Economic forecasts indicate a slight contraction in the UK’s output for April, influenced by increased taxation and rising energy costs, potentially undoing the modest expansion re...
Read Full Article →R360 rugby project fully funded and profitable after a year, say insiders
Sources close to the initiative reveal that the new international club rugby competition has obtained all necessary capital for its 2026 start and expects to generate earnings by i...
Read Full Article →Bargain basement Britain: Tech takeovers continue with three billion-pound swoops in a day
Several large acquisitions totaling billions of pounds occurred in the UK technology sector on Monday, highlighting ongoing interest from American companies seeking financially adv...
Read Full Article →WhatsApp, Google, Adobe, YouTube investor group buys into US cricket
Prominent technology investors and entertainment industry figures have contributed capital to a US cricket league team, signaling increased financial interest and potential growth...
Read Full Article →London Tech Week day 1: why the world comes to London
London Tech Week attracts a diverse international audience, generating substantial economic activity and investment opportunities by showcasing innovation, fostering collaboration,...
Read Full Article →London ‘left out’ of Reeves’ spending review
London is expected to receive limited funding in the forthcoming budget, potentially affecting planned transport expansions such as the Bakerloo line extension and the DLR connecti...
Read Full Article →Slower April wage growth to feed into interest rate cut hopes
A decrease in the pace of wage increases during April may influence policymakers to consider reducing interest rates in an effort to support economic stability and growth.
Read Full Article →How defence can lead growth through private investment
By capitalizing on advancements in technology and strategic industries, the UK can stimulate defence sector expansion and enhance capabilities through increased private sector invo...
Read Full Article →WSL revenues will pass £100m in 2026, says Deloitte
According to Deloitte, the Women’s Super League is expected to experience substantial financial growth, with overall earnings rising significantly due to increased matchday and oth...
Read Full Article →Thameslink operator slumps into the red ahead of Elizabeth Line takeover
The company managing key rail services experienced a significant pre-tax loss in 2024, reversing from previous profits, as it prepares to assume control of a major new transit rout...
Read Full Article →Trustpilot shares sink after analysts downgrade to ‘Sell’
Trustpilot experienced a significant stock decline following analyst downgrades, reflecting investor concerns about the company’s financial outlook amid anticipated economic diffic...
Read Full Article →Energy services giant returned to profit before $1bn takeover
Prior to its acquisition valued over $1 billion, the Aberdeen-based energy company achieved a pre-tax profit of $4.4 million and generated numerous employment opportunities during...
Read Full Article →Gino D’Acampo: Restaurant empire’s huge debts revealed before rescue
The financial troubles of Gino D’Acampo’s business became apparent as the company faced significant liabilities exceeding £11 million, leading to administration proceedings prior t...
Read Full Article →Alphawave reaches deal on Qualcomm takeover
The agreement for Qualcomm to acquire Alphawave highlights a major transaction in the semiconductor industry, signaling significant investment shifts and potential market changes w...
Read Full Article →WPP boss Mark Read to step down
Mark Read’s departure from WPP, following a significant decline in the company’s market value, signals a major leadership change amid challenges affecting its position in the globa...
Read Full Article →UK dominates European investment appeal despite drop in activity
Despite a notable decline in the number of foreign direct investment projects, the UK remains the leading destination for financial services investment across Europe in 2024.
Read Full Article →Evri to ramp up courier workforce after DHL partnership
The addition of 5,000 new couriers aims to strengthen Evri’s market position and increase delivery capacity, potentially boosting revenue and competitiveness in the expanding UK lo...
Read Full Article →Cut net zero and welfare spending instead of police budget, Tory MP blasts
A Tory MP argued that government funds for environmental goals and social support should be reduced rather than police financing, emphasizing the importance of maintaining law enfo...
Read Full Article →Tesco shareholders eye returns as ‘awful April’ bill hikes set to hit profit
Tesco’s upcoming financial report will reveal how rising costs and increased competition may impact its profitability and shareholder returns amid growing pressures on consumer spe...
Read Full Article →Home Office plans to spend £2.2bn of foreign aid on asylum support
The government has allocated approximately £2.2 billion from international aid funds to cover expenses related to housing and supporting individuals seeking asylum in the upcoming...
Read Full Article →NHS app to save government £200m, internal analysis suggests
The NHS app is projected to reduce government expenses significantly by streamlining patient communications and delivering health information digitally, enhancing efficiency in app...
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