UBS’s rescue deal with Credit Suisse was a ‘deal of the…
Top UBS managers were skeptical when they were asked to save their scandal-ridden competitor Credit Suisse. The…
Yearly Archives
2023
After reports about hidden investors, politicians call for action to stop the…
After two media outlets published new revelations regarding family-related shareholders of the company's shares,…
Babylon virtual GP creates two divisions in administration
Babylon, the digital health company that created the NHS GP at Hand App, has put two of its divisions under…
The UK Property Turmoil Restructures Britain’s Benchmark FTSE 100 Index
Persimmon plc is about to leave the FTSE 100 Index, after a decade of staying. This is the latest indication that…
Centene will sell GP clinics, hospitals and other healthcare facilities in the UK…
Centene, the US health insurer, is selling its GP clinic chain, along with the largest private hospital group in…
UK mortgage approvals drop more than expected amid high borrowing cost
Official data shows that UK mortgage approvals declined more than expected in the month of July, while consumers…
Marks and Spencer returns to FTSE 100 index after 4-year absence
Marks and Spencer has returned to the FTSE 100, four years after dropping out. This is the latest indication of how…
Unusual flight data causes UK air traffic control failure
A flight plan message which computers couldn't process was the cause of the UK air traffic failure, which caused…
The UK government wants to expand the use of AI-based face recognition by police
The Home Office wants to use controversial facial recognition technology to find and track criminals in the police…
Country Garden reports $7bn in loss as China’s real estate crisis worsens
Country Garden, China's once largest private property developer based on sales, revealed a record 48.9bn loss…
NS&I’s 6.2% bond, the market leader, puts pressure on banks
National Savings & Investments raised its interest rate on one-year fixed bond from 5% to 6.25%, putting the…
Switzerland unveils money laundering clampdown
The Swiss government has proposed new measures to crack down on money-laundering in order to clear the country of…
Abcam agrees $5.7bn US takeover deal
After its founder demanded a new strategy, an American group will take over one of Britain's top life sciences…
Five global economic shifts that are happening now
The central bankers at the Jackson Hole Economic Symposium were not deluded about inflation. They said that the…
UK lags behind peer countries in discharging hospital patients, study finds
A new report shows that the UK is behind other comparable countries when it comes to the speed of discharge from…
Network Rail denies bonuses to staff who were on strike
Network Rail's refusal to pay bonuses to its employees after they went on strike for months in a dispute with…
3M settles $6 billion lawsuits over combat earplugs
3M has reached a settlement of $6bn with over 250,000 veterans who claim that the combat earplugs they supplied to…
The UK Government announces a fifth delay in the post-Brexit food border control…
Ministers admitting that the new EU import regime would increase prices, the UK government confirmed the fifth…