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Thames Water preferred bidder KKR pulls out of rescue deal
The withdrawal of a major investment partner from Thames Water’s proposed recapitalization raises concerns about the company’s financial stability and may prompt government interve...
Read Full Article →Why are steel and fishing the only industries politicians care about? What about the ones that make...
Although steel and fishing receive significant political attention, sectors like education contribute substantially more to the UK economy, highlighting a disparity in the prioriti...
Read Full Article →I can’t persuade Ovo that my gas meter really does exist
The unregistered status of the customer’s gas meter could lead to unexpected charges for unpaid usage, potentially resulting in significant financial liability for accumulated shor...
Read Full Article →Rachel Reeves must think big to fund Labour’s ‘battle-ready’ Britain. Tweaks and tinkering won’t do...
The upcoming spending review presents a critical opportunity to address ongoing fiscal imbalances through strategic investment and careful management of borrowing, taxation, and pu...
Read Full Article →English mayors push for visitor levy to boost income from tourism
Implementing a tourism-related fee could provide local governments with additional revenue to enhance cultural sites and support economic development, decreasing reliance on nation...
Read Full Article →US firms say Trump trade war is hitting production as dollar nears three-year low
Recent manufacturing data indicates a consecutive drop in production among U.S. companies, highlighting economic challenges linked to trade tensions and contributing to a weakened...
Read Full Article →This is what Britain really needs to defend itself – and it doesn’t include spending billions on arm...
Allocating a growing portion of the UK’s budget to military expansion may divert essential resources from critical public sectors and environmental initiatives that address more im...
Read Full Article →Still waiting for my replacement meter from EDF – even the CEO couldn’t help | Letter
Delays in replacing outdated electricity meters could impact billing accuracy and energy management, prompting regulatory bodies to encourage consumers to persistently seek support...
Read Full Article →Ex-minister Greg Hands to advise Royal Mail buyer Daniel Křetínský
Greg Hands’ role as a strategic adviser to Daniel Křetínský’s EP Group highlights the ongoing collaboration between political expertise and international investment in major UK and...
Read Full Article →Drugmaker Indivior to abandon London listing amid exodus of companies
Indivior’s decision to remove its listing from the London Stock Exchange reflects ongoing challenges for the market, potentially impacting investor confidence and the exchange’s gl...
Read Full Article →Facebook and Instagram owner Meta to enable AI ad creation by end of next year
Meta’s plan to introduce AI-driven advertising solutions by the end of next year could significantly shift marketing expenditures, potentially reducing reliance on conventional age...
Read Full Article →China accuses US of ‘seriously violating’ trade war truce; UK factory output shrinks again – busines...
Ongoing trade tensions and economic challenges are weighing on UK manufacturing, with subdued business confidence and rising expenses expected to affect production and market perfo...
Read Full Article →Keir Starmer vows to make Britain ‘battle-ready’ as he unveils defence spending plans
The planned increase in defence expenditure aims to enhance national security through substantial investment in military production, potentially reallocating funds from social welf...
Read Full Article →Trump’s tax bill helps the rich, hurts the poor and adds trillions to the deficit | Katrina vanden H...
The recent legislation significantly reduces taxes for high-income individuals, increases the national debt by nearly four trillion dollars over ten years, and is criticized for di...
Read Full Article →Vodafone vows to invest more than £1bn in a year as it seals Three UK merger
The merger between Vodafone and Three UK is expected to generate significant financial impact by creating the country’s largest mobile network, supported by substantial investments...
Read Full Article →I’ve just been sent £170 fine for not paying a parking ticket … six years ago
Receiving a £170 demand for an unpaid parking penalty from six years ago carries potential financial consequences, including court fees and harm to the individual’s creditworthines...
Read Full Article →High electricity bill taxes holding us back, say industry groups
Industry representatives warn that the substantial taxes included in electricity costs are increasing financial burdens, potentially undermining economic growth and efforts toward...
Read Full Article →As interest rates fall, could Australia be facing another house price boom? | James Graham for the...
Lower interest rates implemented by the Reserve Bank may encourage increased borrowing, potentially driving higher demand and pushing property values upward in Australia’s housing...
Read Full Article →Starling pays out fivefold bonus sum despite FCA fine and Covid loan errors
Despite regulatory penalties and a decline in profits related to government loan mismanagement, the bank significantly increased employee bonuses to £24.6 million for the recent fi...
Read Full Article →Tide is turning in Europe and beyond in favour of nuclear power
Recent widespread power outages and increasing electricity demands from emerging technologies have prompted policymakers to reconsider nuclear energy investments as a potentially m...
Read Full Article →UK plans to build six weapons factories to bolster military readiness
The UK government’s £1.5 billion expenditure on new manufacturing facilities aims to enhance domestic arms production capacity and ensure a continuous supply of long-range weapons...
Read Full Article →The OpenAI empire - podcast
OpenAI’s rapid expansion transformed it into a leading industry player, generating substantial revenue and attracting significant investment while raising concerns about its operat...
Read Full Article →UK trade secretary to seek exemption from US steel and aluminium tariffs
The upcoming discussions aim to address potential cost increases for UK manufacturers and exporters by negotiating relief from heightened import duties affecting key metal industri...
Read Full Article →Starmer says Farage would spook the City and give us Truss 2 – he could be right
Reform UK's proposed fiscal policies, including cryptocurrency support and changes to taxation and regulation, have potential implications for London's financial sector and the bro...
Read Full Article →Sweet dreams: dessert parlours help to revive UK’s high streets
The growing popularity of dessert cafes and ice-cream parlours, valued at over £500 million, contributes significantly to revitalizing local economies by offering affordable dining...
Read Full Article →Hubris, crisis and scandal: how the NatWest ‘soap opera’ unfolded
The government’s involvement in stabilizing the banking group during the 2008 financial turmoil eventually led to a significant public investment, culminating in the sale of its re...
Read Full Article →Trump claimed ‘tariffs are easy’ – he’s learning the hard way that’s not the case
The unexpected legal challenges to the administration’s trade measures could significantly impact federal revenue, international commerce, and domestic employment projections, alte...
Read Full Article →Trump announces 50% steel tariffs and hails ‘blockbuster’ deal with Japan
The announcement of a significant increase in tariffs on imported steel, coupled with a major foreign investment deal, aims to strengthen domestic manufacturing and potentially imp...
Read Full Article →Why Trump does not suffer Congress when it comes to his prized tariffs
Donald Trump’s firm control over trade levies has significant economic implications, as he prioritizes maintaining import duties despite congressional input or temporary legal chal...
Read Full Article →US regulator dismisses suit against Binance in latest crypto-friendly move by Trump
The voluntary dismissal of the SEC’s enforcement action against Binance signals a regulatory shift that may influence investor confidence and affect the broader cryptocurrency mark...
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