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Bonuses banned for 10 English water bosses over sewage pollution
The decision to withhold performance incentives from several water company leaders reflects increased regulatory measures aimed at holding executives financially accountable for en...
Read Full Article →23andMe back on the auction block after former CEO makes 11th-hour bid
The recent $305 million offer from a principal insider disrupted a prior $256 million purchase deal, potentially altering the financial outcome of the company’s bankruptcy asset sa...
Read Full Article →Wise goes to the US. Will its founder’s supercharged voting rights follow? | Nils Pratley
Wise’s relocation to the US market raises questions about the future influence of its founder’s enhanced voting rights, which are set to expire soon, potentially impacting governan...
Read Full Article →Donald Trump to meet Xi Jinping in China after ‘very good’ call on trade
The upcoming meeting between the United States and China’s leaders could influence global markets by addressing trade issues, potentially impacting tariffs, investments, and econom...
Read Full Article →British Gas owner strikes £20bn gas deal with Norway’s state energy company
Centrica’s decade-long purchase agreement with Norway’s energy firm secures a substantial annual gas supply valued at £20 billion, contributing significantly to the UK’s energy pro...
Read Full Article →UK sales of new Tesla cars slump by more than a third amid Musk backlash
The decline in Tesla's vehicle sales in the UK during May indicates increased competition and potential challenges to its market share, reflecting shifting consumer preferences and...
Read Full Article →ECB cuts interest rates to 2% in effort to bolster flagging eurozone growth
The European Central Bank’s latest rate reduction aims to lower borrowing expenses for businesses and consumers, potentially stimulating investment and spending amid ongoing trade-...
Read Full Article →Dr Martens promises not to raise prices this year despite US tariffs
Dr Martens aims to maintain current pricing while relying on manufacturing in Vietnam and Laos, navigating potential cost pressures from impending US tariffs on goods from these co...
Read Full Article →Trump’s crypto ventures may be his most dangerous moneymaking scheme | Mohamad Bazzi
Donald Trump’s involvement in cryptocurrency has generated substantial revenue through fees on digital tokens, leveraging his public profile amid an industry often criticized for v...
Read Full Article →Procter & Gamble to cut up to 7,000 jobs amid economic and tariff pressure
Procter & Gamble’s planned workforce reduction and global restructuring aim to address rising operational costs and shifting consumer behavior, which could impact the company’s pro...
Read Full Article →How Nintendo dodged Trump’s tariffs and saved the Switch 2 release
Nintendo’s ability to release the Switch 2 on schedule helped avoid increased costs, preserving its competitive pricing and potentially maintaining consumer demand despite uncertai...
Read Full Article →Trump’s tariffs have become his Vietnam – and the right is breaking ranks | Sidney Blumenthal
The recent trade court decision undermines the administration’s economic measures, challenging presidential authority and prompting significant debate among political and legal lea...
Read Full Article →Eurozone interest rate cut expected; Tesla’s UK sales fall by a third – business live
The anticipated reduction in borrowing costs may stimulate economic activity, while declining vehicle sales in the UK highlight shifting consumer demand and potential challenges fo...
Read Full Article →Fears Tata Steel could be excluded from Starmer’s Trump tariff deal
UK officials are attempting to protect Tata Steel from heavy tariffs in an upcoming trade agreement, aiming to maintain the company's competitive position and financial stability i...
Read Full Article →Tell us: have you recently succeeded in buying a home in a UK holiday hotspot?
Recent increases in local taxes on second properties have led to significant declines in vacation home values in several UK resort areas, impacting both buyers and sellers amid shi...
Read Full Article →Stock exchange dealt another blow as £12bn fintech ditches main London listing
The decision by a major fintech firm to shift its primary trading venue to the United States while maintaining a secondary listing in London could impact investor interest and mark...
Read Full Article →US-Boeing deal over 737 Max crashes ‘morally repugnant’, says lawyer for victims’ families
Boeing’s $1.1 billion settlement with the US Department of Justice resolves legal actions related to two fatal 737 Max crashes, involving significant compensation to victims’ famil...
Read Full Article →Is AI about to steal your job? – podcast
The accelerating development of artificial intelligence may significantly disrupt employment patterns, potentially affecting entry-level positions and contributing to notable shift...
Read Full Article →Trump news at a glance: Elon Musk rallies voters to ‘kill’ the president’s signature tax bill
Elon Musk’s public criticism and mobilization against the proposed tax legislation may influence investor confidence and impact the bill’s potential effects on financial markets an...
Read Full Article →Trump’s crypto firms spar with each other over rogue wallet announcement
The internal dispute among Trump-associated crypto ventures could impact investor confidence and market dynamics surrounding the launch and adoption of the new digital currency pro...
Read Full Article →100,000 UK taxpayer accounts hit in £47m phishing attack on HMRC
HM Revenue and Customs experienced a significant cybercrime incident affecting around 100,000 taxpayer accounts, resulting in millions of pounds lost, though individuals impacted a...
Read Full Article →The Guardian view on Labour’s investment plans: sugaring the bitter pill of austerity | Editorial
The proposed investment strategy aims to stimulate economic growth and reduce regional disparities by improving infrastructure and productivity, though its impact may take time to...
Read Full Article →Trump’s tax bill would add $2.4tn to US debt, says non-partisan analysis
The Congressional Budget Office projects that the proposed tax legislation would significantly increase the federal deficit over ten years, impacting government finances and potent...
Read Full Article →Norway MPs reject call to stop wealth fund investing in Israeli-occupied Palestinian territories
Norwegian lawmakers decided to maintain investments from the country’s sovereign wealth fund in disputed regions, emphasizing adherence to existing guidelines despite public demons...
Read Full Article →Rachel Reeves can’t avoid raising taxes any longer – but she’ll need to get creative | Larry Elliott
The government faces the challenge of balancing ambitious public investments with limited growth and high debt, making increased tax revenue necessary to support spending prioritie...
Read Full Article →A race against time: what now for Thames Water after rescue deal collapses?
The withdrawal of a major investment proposal has intensified financial uncertainty for the utility, prompting extensive creditor negotiations and increasing the likelihood of temp...
Read Full Article →US’s most Canadian town is stuck in the middle of a trade war
Point Roberts' economy relies heavily on Canadian visitors, and the recent decline in cross-border tourism has caused a significant downturn in local business revenue and financial...
Read Full Article →Lower-income consumers missing out on pay rises fuels fall in sales at B&M
The retailer experienced decreased revenue and profits as consumers with limited income faced stagnant wages, leading to reduced spending amid difficult market conditions in the UK...
Read Full Article →UK trade secretary says ‘essential steps’ happening ‘at pace’ to turn UK-US tariff pact into deal –...
Progress in UK-US tariff negotiations and Germany’s approval of a substantial tax relief package have positively influenced financial markets, promoting business investment and con...
Read Full Article →UK service sector confidence higher in May than since before autumn budget
A recent survey indicates that business leaders in the UK’s service industry anticipate growth in sales and capital expenditure over the upcoming six months, reflecting enhanced ma...
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