Artificial intelligence3 hours ago
HSBC is contemplating a reduction of approximately 20000 jobs globally over the coming three to five years, as it seeks to leverage artificial intelligence to optimise its administrative functions. This
Global Economy3 hours ago
The recent missile strike on Shell’s Pearl gas-to-liquids facility in Qatar has intensified global energy market fears. This incident, the latest development in the ongoing Middle East conflict, was a
Energy3 hours ago
The Bank of England may be compelled to raise interest rates up to three times this year to mitigate the inflationary effects stemming from escalating tensions in the Middle East.
Gas4 hours ago
Diesel fuel prices are anticipated to reach £2 per litre in the coming weeks, driven by escalating oil prices. A leading energy trader has sounded the alarm, indicating that the
Oil and Gas4 hours ago
Bond yields have surged, oil and gas prices have rallied, and the FTSE 100 has plummeted to its lowest point since January, as reciprocal military strikes on energy interests across
Media4 hours ago
The Observer, renowned as the world’s oldest Sunday newspaper, has commenced a voluntary redundancy initiative for all its staff. This significant decision follows the publication’s recent acquisition by Tortoise from
Interest rates4 hours ago
The FTSE 100 experienced a significant decline as oil and gas prices surged following missile strikes by Iran on energy facilities in the Middle East. This escalation has heightened concerns
Defence Industry5 hours ago
The UK military is witnessing a crucial transition as it considers replacing the traditional Land Rover with more advanced alternatives. This change is primarily driven by evolving defence needs and
Energy5 hours ago
Saudi Arabia has issued a warning to Iran following a series of attacks on oil and gas facilities in the Gulf region. These incidents have led to significant fluctuations in
Hospitality IndustryYesterday
Greene King, the UK’s second-largest pub operator, is poised to divest 150 of its managed pubs while simultaneously converting an additional 150 into tenanted premises. This strategic overhaul is aimed
EnergyYesterday
Energy markets faced significant upheaval following missile strikes on the South Pars gas field in Iran, the world’s largest gas field. This escalation, marking the first attack on Iranian energy
AIYesterday
Nvidia has announced a bold forecast, estimating that revenue from its artificial intelligence chips could reach at least one trillion dollars by 2027. This projection reflects the company’s strategy to
MarketsYesterday
Iraq has reached an agreement with the Kurdistan Regional Government to divert approximately 250,000 barrels of oil per day through Turkey. This decision follows years of negotiations over crude exports
BusinessYesterday
Consumer goods giant Unilever is exploring the potential separation of its extensive food brands, which include well-known names such as Marmite, Hellmann’s mayonnaise, Knorr stock cubes, and Horlicks. The decision
Electric VehiclesYesterday
Rolls Royce Motor Cars has officially abandoned its ambition to become an all-electric brand by the end of the decade. The luxury automotive manufacturer, which in 2022 had announced plans
InflationYesterday
The US Federal Reserve has decided to maintain its interest rates amid escalating energy prices due to the ongoing conflict in Iran. The central bank’s Open Market Committee has kept
steel industry5 days ago
The UK is preparing to replicate the European Union’s import tariffs on steel, which poses a significant threat to the mills, fabricators, and traders that support approximately 300,000 British jobs.
Employment6 days ago
Pat McFadden, the Secretary of State for Work and Pensions, is set to announce new financial incentives aimed at small and medium-sized enterprises (SMEs). This initiative will encourage these businesses
Financial6 days ago
The UK economy unexpectedly stagnated at the beginning of the year, intensifying concerns that the ongoing US-Israeli conflict with Iran will exacerbate inflation and hinder economic output. According to data
Oil Production1 week ago
The price of oil is on the rise once again, defying efforts to stabilise the market following the release of a record 400 million barrels of emergency reserves by the
Oil and GasYesterday
Energy markets faced significant upheaval following missile strikes on the South Pars gas field in Iran, the world’s largest gas field. This escalation, marking the first attack on Iranian energy
BusinessYesterday
Consumer goods giant Unilever is exploring the potential separation of its extensive food brands, which include well-known names such as Marmite, Hellmann’s mayonnaise, Knorr stock cubes, and Horlicks. The decision
CarsYesterday
Rolls Royce Motor Cars has officially abandoned its ambition to become an all-electric brand by the end of the decade. The luxury automotive manufacturer, which in 2022 had announced plans
Interest ratesYesterday
The US Federal Reserve has decided to maintain its interest rates amid escalating energy prices due to the ongoing conflict in Iran. The central bank’s Open Market Committee has kept
EnergyYesterday
In a significant escalation of regional tensions, a missile strike attributed to Iran has hit Qatar’s primary gas facility located in Ras Laffan. This attack marks a critical moment in
IndustrialYesterday
Tube drivers have announced the cancellation of planned strikes that were set for next week, allowing services to continue without disruption. However, the National Union of Rail Maritime and Transport
TaxYesterday
Ed Miliband’s recent decision to halt operations in the North Sea is projected to result in a staggering £10 billion in lost tax revenue for the government by the year
Investment3 days ago
HeliosX, the London-based online pharmacy, has made significant strides in the weight-loss drug market, recently boasting a remarkable reduction of 8.5 million kilograms in patient weight, equating to approximately 3.5
SpaceX3 days ago
Scottish Mortgage Investment Trust is requesting shareholder approval to increase its investment capacity in unlisted companies by £250 million. This move comes on the heels of significant growth in the
Cars3 days ago
Close Brothers Group plc is bracing for a potential £1.2 billion liability due to ongoing issues within its car finance division. The company has raised concerns about the implications of
Gold Markets3 days ago
Global stock markets have experienced a notable uptick, driven by positive sentiment surrounding the easing of oil supply tensions. Recent comments from Scott Bessent have indicated that several tankers are
Investment5 days ago
British businesses have invested millions in artificial intelligence but face challenges in realising substantial returns from these investments. Christin Owings, the UK managing director of the Boston Consulting Group, highlighted
Energy5 days ago
Shell and BP are positioned to achieve an additional £5 billion in profit this year, spurred on by escalating tensions in the Gulf that have driven oil prices upward. The
Interest rates2 days ago
The Reserve Bank of Australia has raised interest rates for a second consecutive month, responding to significant inflation risks stemming from the ongoing conflict in the Middle East. During a
Markets2 days ago
National Car Parks, the largest car park operator in Britain, is now under the scrutiny of administrators as it grapples with significant financial difficulties. Founded in 1931, NCP has evolved
Interest rates2 days ago
The Bank of England is anticipated to keep interest rates steady at 3.75 per cent amidst rising inflationary pressures resulting from geopolitical tensions in the Middle East. This forecast aligns
Automotive2 days ago
Bentley Motors has announced significant job cuts, shedding hundreds of positions from its workforce of 4,000. This decision comes after a marked decline in profits, attributed to several factors, including
Shopping3 days ago
JD.com, the prominent Chinese retail giant, has made a significant advancement into the UK market with the launch of its new online shopping platform, Joybuy. This entry presents a challenge







