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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...
Read Full Article →Risk of gas crisis as Iran launches missiles at US military bases
The recent missile attacks near key shipping routes have raised concerns among investors about possible disruptions to energy supplies, which could lead to significant increases in...
Read Full Article →Qatar closes airspace as region braces for Iran response
The closure of Qatar’s airspace after market hours raised concerns among financial experts about potential instability affecting regional trade and investment, prompting increased...
Read Full Article →UK cement sector ‘at risk of cracking’ despite industrial strategy
The ongoing reduction in UK cement output poses potential economic challenges, even as the government implements measures aimed at lowering energy costs to support industrial growt...
Read Full Article →Mounjaro and Wegovy demand helps Chemist4U sales double
The growing popularity of weight management injections contributed to a nearly twofold increase in revenue for the company operating Chemist4U, reaching a turnover of £59.5 million...
Read Full Article →One twist left in the PHP and KKR bidding war for Assura
The ongoing competition between major investors to acquire Assura highlights significant valuation adjustments, with the latest proposal increasing the company's worth to nearly £1...
Read Full Article →Direct Line bosses out ahead of £3.7bn Aviva deal after bumper bonus revolt
The upcoming £3.7 billion acquisition of Direct Line by Aviva marks a major financial transaction, coinciding with senior executives’ planned departures following significant share...
Read Full Article →Tax experts question Reform’s £250K non-dom plan
Financial analysts have expressed concerns that the proposed £250,000 flat tax for non-domiciled residents might lead to substantial reductions in government revenue, potentially r...
Read Full Article →Industrial Strategy: Labour to turn City into ‘most innovative financial centre’
Labour’s plan aims to enhance the financial district’s global competitiveness by fostering innovation, potentially attracting investment and driving economic growth through strateg...
Read Full Article →United Utilities: Banned bonus for FTSE 100 CEO revealed
United Utilities will face a reduction in executive compensation as newly implemented regulations prevent certain FTSE 100 companies from awarding bonuses, impacting the financial...
Read Full Article →Getty Images’ £3bn Shutterstock merger captures watchdog’s eye
The planned combination of two leading stock photo companies, valued at nearly £3 billion, has raised regulatory concerns due to its possible impact on market competition within cr...
Read Full Article →UK services sector in ‘fragile recovery’ as employment fears linger
Despite growth in the UK services sector during June, increased taxes and reduced employment contributed to economic uncertainty, reflecting challenges that may influence business...
Read Full Article →Lammy: Iran blocking Strait of Hormuz would be ‘catastrophic mistake’
A disruption of the Strait of Hormuz could severely impact global oil shipments, potentially causing significant fluctuations in energy markets and international trade financial st...
Read Full Article →HomeServe: Checkatrade owner in the red despite sales passing £1bn
Despite generating over £1 billion in revenue for 2024, HomeServe recorded a pre-tax loss of £31.7 million, highlighting challenges in converting strong sales into profitability.
Read Full Article →Spectris agrees to £3.8bn takeover but KKR threatens bidding war
The proposed acquisition of Spectris for £3.8 billion highlights significant investor interest, as competing potential bids may influence the company’s market valuation and future...
Read Full Article →Prime: Logan Paul and KSI’s energy drink runs out of juice
Prime Hydration's UK operations experienced a significant revenue decline in 2024, with annual turnover dropping by over 70 percent from £112.2 million to £32.8 million according t...
Read Full Article →UK backs quantum with £500m
The UK government’s investment exceeding £500 million in quantum computing highlights its strategic commitment to advancing technological innovation and strengthening economic grow...
Read Full Article →Brent crude could hit $110 if oil flow through Strait of Hormuz halved
A potential reduction in oil shipments through a key Middle Eastern route may drive significant increases in crude prices, impacting global markets and energy costs according to fi...
Read Full Article →Industry electricity costs for 7,000 businesses to be slashed by up to a quarter
Starting in 2027, 7,000 UK businesses will benefit from a substantial reduction in their electricity expenses, potentially easing financial burdens and improving competitiveness wi...
Read Full Article →UK a ‘standout’ destination for deals despite economic uncertainty
During the first half of the year, the UK led Europe in mergers and acquisitions activity, completing over 1,200 deals valued at nearly $119 billion despite prevailing economic cha...
Read Full Article →H&M to shed light on turnaround amid consumer confidence slump
H&M’s upcoming financial report is anticipated to reflect modest sales growth as the company aims to demonstrate progress in its recovery efforts despite ongoing weak consumer sent...
Read Full Article →Top private school faces job cuts after Reeves’ tax grab
The introduction of VAT on school fees by the Labour government has created financial challenges for a well-known private institution, potentially leading to reductions in staff to...
Read Full Article →Most expensive sports teams: How Lakers, Celtics, Commanders and Chelsea smashed records
Mark Walter’s acquisition of the LA Lakers represents a significant financial milestone, reflecting the ongoing surge in franchise valuations across major sports organizations glob...
Read Full Article →How much should you pay to see Billie Eilish? Don’t ask St Thomas Aquinas
The financial importance lies in understanding that the value of event tickets is best set by supply and demand dynamics rather than philosophical ideas about fairness or predeterm...
Read Full Article →Shell to face High Court trial over legacy oil pollution in 2027
The upcoming 2027 High Court trial could have substantial financial implications for Shell, as it addresses potential liabilities related to historical environmental damage in Nige...
Read Full Article →Smarter Web Company becomes tech unicorn after stock surges six-fold in two weeks
The rapid increase in Smarter Web Company's stock value has elevated its market capitalization beyond £1 billion, marking a significant milestone in its financial growth within a s...
Read Full Article →Upper Tax Tribunal dismisses JP Morgan Chase Bank VAT appeal
The tribunal’s decision upholds HMRC’s stance on VAT for intra-group transactions, potentially impacting the financial liabilities and tax strategies of multinational banking insti...
Read Full Article →Government’s £4.4bn gain on ‘shares tax’ puts investors on edge
The government’s substantial revenue increase from the recently enhanced tax on share transactions has raised concerns among investors about potential negative impacts on the vital...
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