Economic growth11 hours ago
The leaders of major banking institutions in the UK and Europe have banded together to challenge the overly complex regulatory framework that they argue is hindering growth and competitiveness. Executives
Financial11 hours ago
HSBC has announced a record bonus pool of $3.93 billion, marking the largest sum awarded since 2011. This increase follows the bank realising better-than-expected profits, attributed to effective management strategies
Energy12 hours ago
Energy bills in the UK are poised for a significant reduction, with forecasts indicating a decrease of at least seven per cent in April. This translates to an average savings
Rail industry12 hours ago
Jody Ford, the Chief Executive of Trainline, has announced his departure from the company after five years in the role. This decision follows a significant decline in the company’s share
Aviation12 hours ago
Jet2, the largest package holiday operator in the United Kingdom, is expected to announce operating profits in line with City forecasts, despite incurring approximately £10 million in costs associated with
Property12 hours ago
Data from Zoopla indicates that prospective home buyers in the UK are increasingly finding it more affordable to purchase property than to rent. Recent findings reveal that approximately 40 percent
Mining12 hours ago
Aston Martin Lagonda is set to reduce its workforce by as much as 600 jobs, representing 20 percent of its total employees in the UK. This decision comes in response
Government12 hours ago
Two former heads of the Office for Budget Responsibility have publicly criticised successive governments for their failure to adhere to long-term fiscal plans since the OBR’s inception in 2010. Sir
Government13 hours ago
The government has launched a taskforce aimed at unlocking an additional £1 billion in lending for small businesses over the next five years. This initiative is a collaboration between banks
Weightloss13 hours ago
Novo Nordisk, the Danish pharmaceutical giant, has entered a significant partnership with Vivtex, a biotech startup co-founded by renowned entrepreneur Robert Langer, to develop innovative oral formulations of its obesity
AI13 hours ago
Nvidia has released its fourth-quarter earnings report, revealing a substantial increase in net income and sales. The chipmaker reported a net income of £43 billion on sales of £68 billion,
Business13 hours ago
John Lewis Partnership has announced its decision to withdraw from its build-to-rent housing initiative, a move that marks a significant shift in the retailer’s strategic focus. This decision comes as
Pharmaceutical13 hours ago
GSK has announced a significant acquisition, reaching a deal worth $950 million to purchase 35Pharma, a Canadian biopharmaceutical company with a focus on developing therapies for lung diseases linked to
Space13 hours ago
The British Business Bank, alongside the National Security Strategic Investment Fund, has supported a significant fundraising initiative by Seraphim Space, the largest investor in space technology globally. This initiative has
Investment13 hours ago
Wayve, the British autonomous vehicle company, has raised an impressive $1.5 billion in a funding round that underscores significant investor confidence in the sector. The latest funding effort values the
MarketsYesterday
Nvidia, the leading chip manufacturer, is set to release its fourth quarter results on Wednesday, with analysts anticipating a significant increase in revenue. The California-based company is projected to report
Unemployment2 days ago
UK unemployment is projected to surge to 5.5 per cent within months, surpassing the highest levels witnessed during the pandemic. This forecast comes from economists at JP Morgan, who predict
Economy3 days ago
Chancellor Rachel Reeves has received a significant fiscal boost ahead of the upcoming spring statement, as January witnessed a record budget surplus. Public revenues exceeded spending by £30.4 billion, marking
Work & Careers3 days ago
Friedrich Merz, leader of the Christian Democratic Union, has stirred significant debate with his latest proposal aimed at addressing Germany’s rising absenteeism rates. Merz’s suggestion seeks to eliminate the common
Economy3 days ago
Britain is currently in discussions with leading global mining companies regarding the procurement of essential minerals. This initiative arises from concerns that escalating tensions between the West and China could
AI13 hours ago
Nvidia has released its fourth-quarter earnings report, revealing a substantial increase in net income and sales. The chipmaker reported a net income of £43 billion on sales of £68 billion,
Space Technology13 hours ago
The British Business Bank, alongside the National Security Strategic Investment Fund, has supported a significant fundraising initiative by Seraphim Space, the largest investor in space technology globally. This initiative has
Technology13 hours ago
Wayve, the British autonomous vehicle company, has raised an impressive $1.5 billion in a funding round that underscores significant investor confidence in the sector. The latest funding effort values the
MarketsYesterday
Nvidia, the leading chip manufacturer, is set to release its fourth quarter results on Wednesday, with analysts anticipating a significant increase in revenue. The California-based company is projected to report
Artificial intelligenceYesterday
IBM, known colloquially as Big Blue, has recently experienced a wave of uncertainty regarding artificial intelligence. This situation reflects the broader concerns within the tech industry as major companies grapple
MediaYesterday
Warner Bros Discovery has confirmed it received an enhanced takeover offer from Paramount, raising the stakes in an intense bidding war with Netflix. The new proposal from Paramount includes a
Oil and GasYesterday
Ed Miliband is encountering renewed pressure to reconsider his ban on oil and gas exploration in the North Sea. This development comes in the wake of Denmark’s announcement to extend
Financial11 hours ago
The leaders of major banking institutions in the UK and Europe have banded together to challenge the overly complex regulatory framework that they argue is hindering growth and competitiveness. Executives
Space Technology13 hours ago
The British Business Bank, alongside the National Security Strategic Investment Fund, has supported a significant fundraising initiative by Seraphim Space, the largest investor in space technology globally. This initiative has
Investment13 hours ago
Wayve, the British autonomous vehicle company, has raised an impressive $1.5 billion in a funding round that underscores significant investor confidence in the sector. The latest funding effort values the
Artificial intelligenceYesterday
Jamie Dimon, the chief executive of JP Morgan Chase, has issued a warning regarding the rising concerns surrounding an “AI bubble”. He notes that some financial institutions are exhibiting behaviour
FinancialYesterday
In a recent statement, the developer of one of the world’s most advanced artificial intelligence coding tools asserted that its products bear no responsibility for the significant decline in software
Artificial intelligence2 days ago
Billions of dollars were erased from the stock market value of US-listed software and financial companies following a viral scenario published on Substack, which outlined a possible collapse of wage
AIYesterday
In a recent statement, the developer of one of the world’s most advanced artificial intelligence coding tools asserted that its products bear no responsibility for the significant decline in software
Financial2 days ago
Recent research highlights the financial challenges faced by young workers in the UK, revealing that they are disproportionately affected by the ongoing cost of living crisis. According to a report
Economy2 days ago
Billions of dollars were erased from the stock market value of US-listed software and financial companies following a viral scenario published on Substack, which outlined a possible collapse of wage
Aircraft2 days ago
Jose Alejandro Zamora Yrala has been sentenced to four years and eight months in prison for orchestrating a fraudulent aircraft parts operation that resulted in significant financial losses for multiple
Pharmaceutical2 days ago
A head-to-head trial of Novo Nordisk’s next-generation obesity drug, CagriSema, has revealed disappointing results in comparison to rival Eli Lilly’s Mounjaro. The trial results have triggered a significant sell-off in







