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SME Construction data casts doubt on UK ability to hit 1.5 million homes
The increasing financial difficulties faced by small construction companies may hinder the sector’s capacity to meet the government’s ambitious housing development targets within t...
Read Full Article →Aston Martin: Why going private could be the right road for luxury carmaker
Transitioning to private ownership may enhance Aston Martin's financial flexibility, support strategic partnerships, and enable more agile decision-making to strengthen the company...
Read Full Article →Facing low pay and rising rents, a quarter of young Brits weigh UK exit
A significant portion of young adults in the UK are evaluating emigration as a response to stagnant wages and increasing housing costs, highlighting potential economic challenges f...
Read Full Article →IMF upgrades world economy’s growth forecast as Trump’s tariffs reduced
The International Monetary Fund has raised its global growth estimate for the year, indicating a healthier economic outlook influenced by a reduction in trade restrictions imposed...
Read Full Article →Donald Trump slams North Sea oil taxes that ‘make no sense’
High taxation on North Sea oil impacts the revenue potential from the region’s substantial energy reserves, influencing both government income and the broader economic landscape.
Read Full Article →Stellantis: Vauxhall owner warns of £1.3bn tariff hit after EU-US deal
Stellantis anticipates substantial costs due to recently imposed duties between Europe and the United States, which may significantly impact the company’s financial performance thr...
Read Full Article →Gusto: Restaurants to close and almost 200 jobs lost as rescue agreed
The acquisition of the Italian restaurant chain by Cherry Equity Partners will result in the closure of six locations and approximately 190 employees being made redundant as part o...
Read Full Article →Dearth of international super-prime buyers opens market up for young Brits
The decline in ultra-wealthy foreign investors has led to lower prices in London’s high-end property sector, making luxury homes more accessible to younger domestic purchasers than...
Read Full Article →NBA Europe: Basketball chiefs meeting investors in London
The discussions between NBA leadership and various financial stakeholders in London aim to secure funding and strategic partnerships for expanding the league’s presence and launchi...
Read Full Article →Uber rivals handed major VAT boost by Supreme Court
The Supreme Court's decision exempts certain private-hire taxi companies from a 20 percent tax on earnings outside London, potentially improving their financial position relative t...
Read Full Article →Travelex hires former William Hill CEO as new boss
The appointment of Philip Bowcock as Travelex’s new CEO may influence the company’s strategic direction and financial performance due to his previous leadership experience in a maj...
Read Full Article →Mortgages rebound in lift for housing market
Recent data from the Bank of England indicates an accelerated increase in both mortgage and consumer credit borrowing, suggesting renewed momentum within the UK housing sector and...
Read Full Article →Metlen confirms £5.5bn London listing date
Greek industrial company Metlen Energy and Metals plans to join the London Stock Exchange next week with a valuation of £5.5 billion, providing a notable injection to the UK’s publ...
Read Full Article →Tom Hayes’ crime in Libor case was to be a banker when that was unpopular
The case involving Tom Hayes highlights the complexities and controversies in the financial sector, underscoring the challenges of navigating legal accountability during periods of...
Read Full Article →Auto Trader: Brits turn to older cars amid ‘economic uncertainty’
Amid current economic challenges, consumer demand is shifting toward purchasing more affordable pre-owned vehicles, which impacts market dynamics and influences financial performan...
Read Full Article →Halfords: Departing CEO gets golden goodbye despite losses
The outgoing Halfords CEO received a substantial increase in compensation, exceeding £1.5 million, despite the company reporting a significant financial loss of £30 million during...
Read Full Article →Sell-out Farnborough International Airshow boosted by Airbus and Boeing deals
The company operating the Farnborough event experienced substantial revenue growth following the bi-annual show, driven by major aircraft manufacturers securing contracts totaling...
Read Full Article →Water firm Anglian to pay out £68m after breach of regulations
Anglian Water will allocate £68.2 million to address regulatory violations identified by the UK water regulator, directing funds toward enhancing its wastewater management systems...
Read Full Article →Canon: UK losses almost triple after expectations fall short
Canon’s UK branch recorded a substantially larger pre-tax loss in 2024 compared to the previous year, indicating a significant decline in financial performance against initial proj...
Read Full Article →WH Smith sells Funky Pigeon brand for £24m in travel pivot
WH Smith’s disposal of the Funky Pigeon brand for £24 million represents a strategic move to refocus its business model on travel retail while providing Card Factory with new techn...
Read Full Article →Astrazeneca: Demand for cancer drugs boosts pharmaceutical giant
AstraZeneca experienced an 11 percent increase in total revenue to $28 billion in the first half, largely due to strong sales growth in its cancer treatment and biopharmaceutical s...
Read Full Article →Barclays investment bank powers £1bn profit jump in first half
Barclays experienced a substantial increase in pre-tax earnings during the first six months of 2025, driven largely by strong performance in its investment banking division amid gl...
Read Full Article →Soaring stamp duty costs dampen house price growth
Rising transaction fees have constrained the increase in property values despite a notable rise in purchase activity and stronger buyer interest over the past year.
Read Full Article →Aldi tops up wages for staff: ‘Our people are the driving force of our success’
Starting September 1, Aldi will raise its minimum hourly pay to £14.33 within the M25, reinforcing its position as the highest-paying supermarket in the UK and supporting employee...
Read Full Article →Price of fresh food pushes up Brits’ supermarket bills
Rising costs for key food items like meat and tea have contributed to an overall increase in grocery expenses for consumers, indicating continued upward pressure on household spend...
Read Full Article →AI disruption rocks professional services jobs market fuelling anxiety among Gen-Z
The professional services industry is experiencing notable job instability, contributing to increased financial uncertainty and concerns about employment prospects among younger ge...
Read Full Article →Trump hails relationship with Starmer – but no steel exemptions yet
The discussions between Starmer and Trump highlighted ongoing negotiations affecting trade policies and tariffs, which could influence economic conditions and market access between...
Read Full Article →UK markets face ‘serious challenge’ in risk-averse investors
The reluctance of many UK investors to tolerate short-term losses is contributing to reduced market activity, potentially impacting capital flow and overall financial growth within...
Read Full Article →EU-US trade deal faces criticism from European leaders
The agreement could impact economic relations by influencing tariffs, market access, and investment flows between Europe and the United States, potentially altering trade balances...
Read Full Article →Is Brexit Britain a winner of the EU and US trade tie-up?
The recent agreement between the United States and the European Union significantly reduces tariffs, potentially stabilizing transatlantic trade tensions and influencing the econom...
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