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Starmer proves adept at juggling egos and issues at tricky G7 summit
Keir Starmer’s ability to navigate complex political dynamics at the G7 summit played a crucial role in advancing discussions with key international partners that could impact futu...
Read Full Article →Why is there a Maga-branded Instant Pot? Because capitalism never sleeps | Arwa Mahdawi
The emergence of numerous Trump-themed merchandise, including kitchen appliances, highlights a lucrative market opportunity driven by consumer identity expression, despite profits...
Read Full Article →UK inflation eases slightly to 3.4% as food price rises offset transport cost falls
The modest reduction in the UK's annual consumer price growth reflects mixed impacts from declining transportation expenses and rising grocery costs, influencing monetary policy co...
Read Full Article →Britons have just 23 hours of ‘genuinely free’ time a week – so much for labour-saving technology |...
Advancements in automation have the potential to greatly increase productivity, which could allow individuals to allocate more time to leisure rather than work, impacting economic...
Read Full Article →What to do if your mobile phone account is hacked or number stolen
Unauthorized access to a mobile phone number can lead to significant financial risks, including fraudulent transactions and compromised banking accounts, making immediate action es...
Read Full Article →UK inflation expected to have dipped in May in latest official figures – business live
Recent data suggests inflationary pressures in the UK may ease slightly in the coming months, potentially influencing the central bank's decision to lower interest rates later this...
Read Full Article →Up to 70% of streams of AI-generated music on Deezer are fraudulent, says report
The platform’s findings indicate that a significant portion of revenue from AI-created tracks may be compromised due to automated activities inflating play counts and impacting roy...
Read Full Article →The first North Sea oil is pumped ashore in Britain – archive, June 1975
The commencement of oil extraction in the North Sea marked a pivotal moment that contributed significantly to Britain's economy by enhancing energy independence and generating subs...
Read Full Article →Over half of English councils face insolvency under £5bn deficit, MPs warn
An influential parliamentary committee has highlighted that significant deficits related to special educational needs funding may lead numerous local authorities in England toward...
Read Full Article →UK gas plants in line for large windfall payments to keep lights on this winter
Gas producers in the UK are set to receive substantial financial incentives to increase electricity output this winter, supporting energy supply amid fluctuating renewable generati...
Read Full Article →Turning coalmines into solar energy plants ‘could add 300GW of renewables by 2030’
Repurposing recently closed coal mining sites for solar power generation has the potential to significantly boost renewable energy capacity, offering substantial economic value and...
Read Full Article →Trump threatens to keep 25% tariff on UK steel imports over Port Talbot concerns
The potential extension of a 25% tariff on UK steel imports could impact trade relations and economic activities, particularly affecting the Port Talbot steel plant’s export costs...
Read Full Article →Air India cancels eight international flights as crash inquiry continues
The cancellation of multiple international flights by Air India is likely to impact the airline's revenue and operational costs amid ongoing investigations and safety inspections o...
Read Full Article →Europe will never return to Russian gas, European Commission insists
The European Union’s plan to eliminate natural gas imports from Russia by 2028 could significantly impact energy costs and supply stability, while encountering resistance from seve...
Read Full Article →DNA testing firm 23andMe fined £2.3m by UK regulator for 2023 data hack
The £2.3 million penalty imposed on 23andMe highlights the financial repercussions companies face for inadequate cybersecurity measures resulting in unauthorized access to sensitiv...
Read Full Article →Trump claims EU is not yet offering a fair trade deal; Reeves pitches UK as ‘oasis of stability’ – b...
Ongoing geopolitical tensions and shifting energy market dynamics are contributing to increased volatility in global stock indices, reflecting investor concerns over future trade r...
Read Full Article →‘I have never seen such open corruption’: Trump’s crypto deals and loosening of rules shock observer...
The substantial financial gains linked to relaxed regulations and high-value token purchases highlight the growing economic impact of presidential involvement in the cryptocurrency...
Read Full Article →Reeves considers softening inheritance tax changes amid non-dom backlash
The proposed modifications to inheritance tax policies aim to balance attracting international investors with addressing concerns raised by influential financial stakeholders.
Read Full Article →‘Vital’ that British steel gets Trump tariff deal after UK-US trade pact, say unions
Securing exemptions from US tariffs is crucial for the British steel industry’s financial stability, as ongoing levies could increase costs and reduce competitiveness in transatlan...
Read Full Article →UK bank TSB could be sold off by Spanish owner Sabadell
The potential sale of TSB by its Spanish parent Sabadell reflects strategic financial moves amid a substantial takeover attempt by a competing Spanish banking group valued at €11 b...
Read Full Article →World’s largest banks pledged $869bn to fossil fuel firms in 2024, new report finds
In 2024, leading global financial institutions substantially raised their monetary support to companies in the coal, oil, and gas sectors, increasing total investments by over $160...
Read Full Article →EDF sent me a £2,700 bill in my first home after foster care
Receiving an unexpected large energy bill years after moving into a new home can create significant financial strain, especially when payment arrangements and billing periods are u...
Read Full Article →Sky, ITV and Channel 4 join forces in fightback against big tech’s ad market dominance
By combining their advertising platforms, Sky, ITV, and Channel 4 aim to create more accessible opportunities for smaller businesses, potentially altering the competitive landscape...
Read Full Article →Adult gaming centres failing to help problem gamblers self-exclude
The ineffective application of exclusion programs at numerous gaming establishments risks ongoing financial harm to vulnerable individuals and raises questions about regulatory ove...
Read Full Article →Does the UK need nuclear to reach net zero? – podcast
The UK government’s £14 billion commitment to developing a new nuclear facility highlights its strategy to secure long-term low-carbon energy despite concerns over financial risks...
Read Full Article →Nationwide draws up bonus plan that could give CEO £7m payday
The proposed incentive scheme for Nationwide's CEO could significantly increase her total compensation, leading to heightened scrutiny from members who will decide on the plan in t...
Read Full Article →Metro Bank sobers up and attracts a suitor | Nils Pratley
The recent increase in Metro Bank’s stock value indicates investor anticipation of a potential acquisition, reflecting growing market confidence while the bank retains the option t...
Read Full Article →Trump Organization unveils $499 gold phone raising new concerns on conflicts of interest
The introduction of a luxury smartphone and phone service by a family-owned enterprise linked to a sitting president highlights potential financial benefits intertwined with regula...
Read Full Article →23andMe’s founder wins bid to regain control of bankrupt DNA testing firm
Anne Wojcicki’s increased $305 million offer to reclaim the genetic testing company surpasses previous bids, reflecting significant investor confidence despite the firm’s recent de...
Read Full Article →Metro Bank shares surge on talk of private equity takeover
The possibility of a private equity acquisition has significantly increased Metro Bank’s stock value, raising questions about future operational changes and stability for its emplo...
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