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Gordon Brown suggests people on top rate of income tax should be excluded from winter fuel
Gordon Brown indicated that excluding high-income earners from winter fuel assistance could help allocate resources more equitably, balancing support for pensioners with financial...
Read Full Article →Why inflation figures are awkward for the government
Rising consumer prices influence public perception and economic decisions, making inflation data a critical factor for policymakers when managing fiscal strategies and maintaining...
Read Full Article →M&S warns of £300m hacking crisis hit - and disruption could last months
Marks and Spencer has indicated that the recent cybersecurity incident may lead to a substantial decline in trading profits, potentially impacting the company’s financial performan...
Read Full Article →April bill shock pushes inflation to highest level since January 2024
Rising costs for essential household services last month contributed to an accelerated increase in consumer prices, resulting in the fastest annual inflation growth recorded since...
Read Full Article →Musk plans to cut back on political spending
Elon Musk's intention to reduce expenditures related to politics may impact Tesla's financial strategy, potentially influencing investor confidence and aligning corporate prioritie...
Read Full Article →UK-EU deal tips Britain down path towards Swiss-style arrangement
The newly announced agreement between the UK and EU influences economic relations by potentially altering market access, regulatory alignment, and investment flows, with financial...
Read Full Article →eGates and pet passports: What is in the UK-EU Brexit reset trade deal?
The updated trade agreement between the UK and EU aims to facilitate cross-border travel and trade, potentially reducing costs and administrative burdens for businesses and travele...
Read Full Article →UK and EU agree Brexit reset trade deal
The new agreement between the UK and EU establishes updated trade terms that could influence tariffs, market access, and economic relations between the two parties moving forward.
Read Full Article →Ryanair raises fares after profits hit by lower ticket prices
Following a 16% decline in yearly earnings due to reduced ticket costs, Ryanair has increased its prices in an effort to improve its financial performance and stimulate business ex...
Read Full Article →Princes Foods-owner picks banks for £700m London listing
The company behind several well-known British food products has engaged financial institutions to facilitate its planned initial public offering in London, aiming to raise substant...
Read Full Article →Cryptocurrency platform warns of $400m hit from cyber attack
A major digital currency exchange has experienced a security breach that may result in a substantial financial loss estimated at approximately $400 million.
Read Full Article →How the expectation of Trump tariffs boosted the UK economy
Anticipation of potential trade restrictions involving the United States appeared to positively influence the United Kingdom's economic growth, reflected in notably strong GDP figu...
Read Full Article →Evri and DHL UK merger to deliver stronger Royal Mail rival
The combination of Evri and DHL's UK parcel services is expected to create a more competitive entity in the delivery market, potentially impacting revenue distribution within the p...
Read Full Article →Starmer defends 'tiny tariff' deal and tells Badenoch: 'Get on the train to Solihull'
Keir Starmer highlighted the modest impact of the trade agreement, emphasizing its potential benefits for workers at Jaguar Land Rover and encouraging engagement to better understa...
Read Full Article →Police investigating series of crypto kidnappings with executives tied up and their fingers cut off
The recent kidnappings involving cryptocurrency executives have raised concerns about potential financial risks and increased security challenges within the digital asset industry.
Read Full Article →Private investor snaps up London Sphere site for £40m
A private investment group has purchased a prominent east London property for £40 million following the cancellation of proposed entertainment development plans by local authoritie...
Read Full Article →UK's only global luxury brand to cut 1,700 jobs
Burberry plans to reduce its workforce by approximately 1,700 positions globally in the next two years as part of efforts to address significant recent financial challenges.
Read Full Article →The biggest 'deals' of Trump 2.0 so far
The recent agreements associated with Trump’s administration have had substantial economic implications, influencing trade policies and impacting markets through new tariffs and re...
Read Full Article →Treasury holds talks with fintech unicorns about London IPO prospects
The government is engaging with leading fintech firms to explore opportunities for public listings in London, aiming to boost the city's status as a global financial hub and attrac...
Read Full Article →Trump has blinked in this trade war to avoid US recession
The recent decision to ease tariffs on Chinese goods may help stabilize markets and reduce the risk of economic downturn, reflecting a strategic shift in managing international tra...
Read Full Article →Virgin Media O2 and Daisy unite to form £3bn business telecoms group
The merger between Virgin Media O2 and Daisy Group combines their business communication and IT services, resulting in a telecom company valued at approximately £3 billion.
Read Full Article →US and China agree to slash tariffs on each other
The reduction in tariffs between the two largest economies aims to enhance bilateral trade, potentially lowering costs for businesses and consumers while promoting economic growth...
Read Full Article →UK-US trade deal 'isn't worth the paper it's written on', says Nobel Prize-winning economist
An expert economist has expressed skepticism about the recently unveiled UK-US trade agreement, suggesting that its economic benefits may be minimal or insufficient to justify the...
Read Full Article →Monzo lines up bankers to spearhead blockbuster £6bn float
Monzo is preparing to appoint financial advisors to lead a major public offering, potentially raising its valuation to over £6 billion in the stock market.
Read Full Article →Trump's tariffs hit the West's busiest port - with traffic down by nearly a third
The imposition of tariffs has led to a substantial decrease in cargo shipments at the major West Coast port, resulting in nearly a 30% decline in overall shipping activity and econ...
Read Full Article →UK's top statistician quits following data row
The resignation of the leading official at the Office for National Statistics may affect confidence in the reliability of economic figures used for financial planning and policy de...
Read Full Article →Trump floats China tariff cut
Reducing tariffs on Chinese imports could impact trade balances and market dynamics, potentially influencing economic relations as negotiations between the two countries progress.
Read Full Article →UK-US pact neither a free-trade agreement nor broad trade deal of Brexiteer dreams
The agreement between the UK and US holds moderate economic implications, offering limited market access improvements and falling short of comprehensive trade liberalization that s...
Read Full Article →Brave Bison strikes latest deal with £20m move on Centaur Media arm
Brave Bison has expanded its portfolio by acquiring a division of Centaur Media in a transaction valued at nearly £20 million, reflecting its continued growth strategy in the marke...
Read Full Article →Why many assume interest rates will fall further - but no one really has a clue
The recent adjustment to 4.25% has sparked widespread speculation about future reductions, reflecting uncertainty in financial markets regarding the direction of interest rates and...
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