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BNY Investments Launches ‘Retirement: A Generational Journey’ Docu-Series
The new docu-series by BNY Investments aims to highlight varying retirement planning approaches across age groups, potentially influencing investor engagement and long-term financi...
Read Full Article →Don’t panic: What’s behind markets’ Iran-Israel indifference?
Despite geopolitical tensions between Iran and Israel, financial markets have shown limited volatility, suggesting investors currently anticipate minimal immediate economic disrupt...
Read Full Article →US private equity giant to back Hinkley Point C with £4.5bn loan
A major American investment firm plans to provide EDF with a significant unsecured loan to support the Hinkley Point C nuclear project, indicating substantial financial commitment...
Read Full Article →CMA won’t look back in anger over dynamic pricing practices
The UK regulator acknowledged that variable pricing strategies, despite consumer concerns, can positively impact market efficiency and revenue generation by adjusting costs accordi...
Read Full Article →Retail and construction lead insolvencies as UK firms in ‘perilous position’
A significant proportion of recent company failures in the UK have originated from the wholesale, retail, and building sectors, highlighting ongoing financial challenges within the...
Read Full Article →Louis Vuitton: Sales and profit slashed amid luxury spending slowdown
Louis Vuitton's UK division experienced a notable decline in revenue and earnings in 2024, reflecting broader challenges in the high-end retail market and impacting the company’s o...
Read Full Article →Government borrowing surges in May to fund Labour’s spending
In May, public sector debt increased substantially, reaching one of the highest levels recorded for that month in over three decades, indicating significant government reliance on...
Read Full Article →Ministers set to cut industrial energy prices for British manufacturers
The government’s forthcoming multibillion-pound support aims to reduce energy costs for UK manufacturers, potentially enhancing their competitiveness in the European market and sup...
Read Full Article →Berkeley notes rising demand for new homes as profit drops
Despite decreased annual earnings, Berkeley acknowledges increased demand for housing and remains dedicated to supporting government initiatives aimed at expanding the new home mar...
Read Full Article →High street banks’ SME lending comeback won’t rattle challengers
Traditional banks are increasingly providing loans to small and medium-sized businesses again, yet fintech companies continue to dominate the market share in this sector.
Read Full Article →Ed Miliband forced to look again at North Sea oil and gas
The government is reconsidering regulatory adjustments for North Sea oil and gas operations to potentially reduce consumer energy costs and impact investment in the sector’s future...
Read Full Article →UK growth to suffer from interest rates hold, industry warns
Maintaining elevated borrowing expenses may slow economic expansion in the UK, as key industry representatives caution about potential challenges despite signals of future rate red...
Read Full Article →CMA to probe delivery of UK road and railway projects as costs soar
The rising expenses and ongoing setbacks in UK transport infrastructure projects have prompted regulatory authorities to examine potential factors affecting budget management and t...
Read Full Article →Challenger banks scout exit routes as giants circle Metro and TSB
Industry experts anticipate increased consolidation in the banking sector as smaller institutions consider departures amid competitive pressures from larger firms aiming to expand...
Read Full Article →Infrastructure strategy: Hospitals and schools focus of funding push
The government plans to invest £10 billion annually over the next ten years, allocating more than £6 billion each year specifically for hospital upkeep to improve public service fa...
Read Full Article →Bupa acquires first UK hospital since 2008
The purchase of New Victoria Hospital marks a strategic investment for Bupa, allowing the company to broaden its healthcare offerings and strengthen its presence within the competi...
Read Full Article →Bank of England holds interest rates at 4.25 per cent
The decision to maintain the current interest rate reflects efforts to manage ongoing inflation and wage increases, while geopolitical risks may influence future energy costs and e...
Read Full Article →Swiss watch exports plummet after tariff uncertainty hits sales
In May, Swiss watch shipments to the US declined sharply due to concerns over potential tariffs, resulting in a nearly 10% drop and interrupting earlier growth trends reported by i...
Read Full Article →Motor finance woes could make Close Brothers the next takeover target
Close Brothers’ challenges in the motor finance sector, combined with increased regulatory scrutiny, have raised concerns among analysts about its potential vulnerability to acquis...
Read Full Article →Morrisons boosts sales amid looming ‘trolley wars’
Morrisons experienced a notable rise in sales and improved earnings, reflecting strengthened financial performance as the company aims to reduce debt and maintain competitiveness i...
Read Full Article →Saudi Arabia’s Real Estate Surge: NHC Takes the Lead
The expansion in Saudi Arabia’s property market, guided by strategic goals, highlights NHC’s crucial role as a major developer contributing to the country’s economic growth and urb...
Read Full Article →Blow to London Stock Exchange as Scottish Widows plots huge selloff
A major UK pension fund managing substantial assets plans to significantly reduce its investment in domestic stocks, potentially impacting market liquidity and investor confidence.
Read Full Article →Refy: Sales spike at influencer Jess Hunt’s beauty brand
Refy, the beauty company established by Jess Hunt and Jenna Meek, reported a notable increase in revenue and earnings, reaching a turnover of £40.3 million for the fiscal year endi...
Read Full Article →NBA’s LA Lakers to sell majority stake to Chelsea co-owner in £7.5bn deal
The transfer of controlling interest in the LA Lakers to a new owner highlights a major transaction that may establish one of the highest valuations ever recorded for a professiona...
Read Full Article →Is Trump going to save TikTok… again?
The uncertainty surrounding TikTok’s operations in the US continues to influence market dynamics, as repeated postponements of regulatory decisions affect investor confidence and f...
Read Full Article →Smarter Web Company shares jump after million-pound Bitcoin spree
The recent acquisition of over 100 Bitcoin, valued at more than £8 million, has positively influenced Smarter Web Company’s stock performance and highlights its long-term investmen...
Read Full Article →‘We need the next Nikolay Storonsky’: Labour urged to act now to create next tech unicorn
Attracting innovative technology entrepreneurs is considered crucial for driving significant economic growth and establishing new high-value companies within the UK’s evolving tech...
Read Full Article →B&M swaps one tax haven for another
B&M’s decision to relocate its registered address from Luxembourg to Jersey is expected to streamline its corporate setup and potentially enhance its ability to distribute returns...
Read Full Article →Vodafone picks Microsoft exec for £2m finance chief role
Vodafone’s appointment of Pilar López as its new finance leader signals a strategic shift in financial management amid leadership changes and reflects the company’s focus on streng...
Read Full Article →KKR’s acquisition of Assura gets green light from Europe
The approval from European regulators allows KKR to proceed with its £1.7 billion investment in Assura, potentially impacting the healthcare property market through increased priva...
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