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Rolls-Royce named winning bidder for UK small nuclear reactors
Rolls-Royce’s selection as the preferred developer for small modular reactors signals significant progress in the UK’s multi-billion-pound initiative to expand domestic nuclear ene...
Read Full Article →FTSE 100 approaching record high; US-China trade talks ‘going well’ as meeting resumes – business li...
The potential acquisition of Revolution Beauty by a prominent UK retailer indicates ongoing consolidation in the market, while improving trade relations between major economies cou...
Read Full Article →Put Thames Water into temporary state control, ‘junior’ creditors will argue
The proposed £5 billion funding and significant debt reduction for Thames Water could impact bondholders financially, raising concerns about potential effects on future creditor ri...
Read Full Article →China bans banks from luring customers with popular Labubu dolls
China’s latest regulatory measures restricting promotional offers by banks aim to curb risky marketing tactics as financial institutions face shrinking profit margins due to decrea...
Read Full Article →UK unemployment rises to highest level in nearly four years
The rise in joblessness and slower wage advancements may reduce consumer spending power, potentially influencing monetary policy decisions and affecting overall economic growth in...
Read Full Article →Thames Water creditors offer up £5bn as part of emergency turnaround plan
Thames Water’s creditors have proposed a substantial funding package intended to stabilize the company, but the regulator worries the plan may not reduce debt sufficiently to impro...
Read Full Article →Social media creators to overtake traditional media in ad revenue this year
Advertising earnings from individually produced content on platforms like YouTube and TikTok are projected to exceed those generated by established media organizations, reflecting...
Read Full Article →Thames Water’s creditors are being too greedy | Nils Pratley
The group of lenders proposing a financial rescue for Thames Water is seeking significant concessions from regulators, highlighting the challenges involved in securing a viable tur...
Read Full Article →Google battling ‘fox infestation’ on roof of £1bn London office
The unexpected presence of foxes tunneling in the rooftop garden has caused minor disruptions during construction, potentially affecting timelines and incurring additional costs fo...
Read Full Article →Reeves struggles to explain the genius of Labour’s winter fuel payment U-turn | John Crace
The decision to reduce winter fuel payments initially aimed to demonstrate fiscal responsibility but sparked political backlash that raised concerns about its potential impact on v...
Read Full Article →CNN and HBO owner Warner Bros Discovery announces breakup plan
Warner Bros Discovery's decision to split its entertainment and cable divisions aims to unlock shareholder value, leading to a notable increase in stock prices ahead of market trad...
Read Full Article →‘We are just sitting here’: South African coal belt town split over green transition
The shift away from coal in South Africa’s energy sector poses economic challenges for communities dependent on mining, raising concerns about job security and the pace of the coun...
Read Full Article →‘The death of creativity’? AI job fears stalk advertising industry
Major advertising firms are investing hundreds of millions annually in AI and machine learning technologies to enhance campaign creation, aiming to maintain competitiveness amid ev...
Read Full Article →US and China officials to meet for trade talks in London – business live
The upcoming discussions between American and Chinese representatives could influence global markets due to restrictions on key materials essential for high-tech industries and def...
Read Full Article →UK chip designer Alphawave agrees to $2.4bn takeover by US rival Qualcomm
The acquisition of the British semiconductor firm by a major American corporation for $2.4 billion highlights ongoing challenges faced by the London Stock Exchange in retaining key...
Read Full Article →Trump’s EPA set to claim power-plant emissions ‘not significant’ – but study says otherwise
If considered independently, the US power industry’s greenhouse gas output ranks among the top global emitters, highlighting potential financial risks associated with environmental...
Read Full Article →UK banks to experiment with Nvidia AI in ‘supercharged sandbox’ scheme
The initiative enables financial institutions to test advanced AI technologies under regulatory oversight, aiming to accelerate technological development and support the broader ec...
Read Full Article →I face losing my electricity but EDF can’t replace my RTS meter
The inability to schedule a replacement meter appointment before the RTS service ends may result in service disconnection, potentially causing unexpected costs and disruptions for...
Read Full Article →Trump tariffs could wipe out European steel sector, senior industry figure says
The increased US tariffs combined with rising energy expenses and competition from lower-cost imports threaten the financial stability and competitiveness of Europe’s steel manufac...
Read Full Article →‘Freemen on the land’: YouTube videos tell homeowners they aren’t bound by mortgages
The rise of a conspiracy theory encouraging homeowners to challenge mortgage obligations poses potential risks to lenders and the broader financial system by increasing the likelih...
Read Full Article →The smell of victory: boom in classic football shirts shows no sign of fading
The growing market for authentic vintage football jerseys has become a lucrative industry, generating substantial revenue by attracting passionate collectors willing to pay signifi...
Read Full Article →Will the North Sea oil and gas industry be Labour’s next U-turn?
Changes in government approach toward North Sea energy production could significantly impact employment levels, regional economic stability, and fiscal revenues derived from the se...
Read Full Article →Pensions report cuts Reeves’ planned growth funds from £160bn to £11bn
A government assessment significantly reduced the estimated funds from workplace pension surpluses available for economic investment, challenging projections that aimed to substant...
Read Full Article →London residents win £550,000 compensation in cladding defects case
The settlement provides substantial financial redress for affected residents and may influence future compensation claims related to construction flaws in residential buildings.
Read Full Article →Kenya tells tea factories to cut ties with Rainforest Alliance due to costs
The Kenyan government has directed tea producers to discontinue collaboration with an ethical certification body, citing that the associated expenses are placing undue financial pr...
Read Full Article →The Trump-Musk feud shows danger of handing the keys of power to one person
The escalating conflict between two influential figures risks disrupting critical government contracts and space operations, potentially impacting national security and the financi...
Read Full Article →Ministers accused of being ‘asleep at the wheel’ over UK’s soft power around the world
Key UK institutions that help maintain international influence are experiencing significant budget challenges, which may impact the country’s ability to project cultural and diplom...
Read Full Article →As US retreats, is there a ‘soft power’ opportunity for UK?
The reduction of US financial support for international media and aid has heightened concerns in the UK about maintaining global influence amid increasing investments by Russia and...
Read Full Article →UK supermarkets exploit tax loophole to produce cider at ‘pocket-money prices’
Some major UK retailers are using a specific tax provision to sell highly alcoholic cider at very low prices, which may contribute to increased public health expenses and social ch...
Read Full Article →UK mortgages: 100% loans are back – will they work for you?
Recent reintroductions of loans covering the entire property price offer potential buyers an alternative to saving a substantial deposit, impacting affordability and access within...
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