Boots sale is halted due to a fall in shares of the US parent company
Boots, the struggling US-owned chemist chain, has for the second consecutive time abandoned plans to sell its…
Monthly Archives
June 2024
AI requires more data to cure diseases
The machines have already surpassed humans in a number of areas, including chess and bird identification. They can…
Lobby group warns that EU trade is not working for UK businesses
The head of Britain's biggest business organization has warned that the next UK government should stop "walking…
Bank of England warns of future mortgage problems
The Bank of England warned that millions of UK mortgage holders will soon see their borrowing costs increase.…
Number of UK top-rate taxpayers to exceed £1mn for first time
This year, the number of UK residents paying the highest rate of income tax will surpass £1 million for the first.…
Boeing criticised by US regulator after revealing details of panel blowout to…
Boeing was sanctioned for "blatantly violating" regulations when it revealed private information to media and…
The number of UK income tax filers has risen by 4.4m over the past three years as…
Official data shows that the number of people forced to pay income tax in Britain has risen by an estimated 4,4…
Labour will seek to’stabilise position’ with Europe, rather than…
Shadow business secretary said that Labour would prefer stability in the UK-Europe relationship than to try and…
US Supreme Court blocks Purdue Pharma bankruptcy settlement which would have…
The US Supreme court rejected Purdue Pharma’s bankruptcy settlement plan, which included a measure extraordinary to…
Bank of England warns that a global wave of elections may affect the UK financial…
The Bank of England warned that the uncertainty caused by the global wave of election, which will begin this coming…
BP halts all new offshore wind project and imposes a hiring freeze
In an apparent effort to appease investors unhappy with BP 's green goals, the head of BP imposed a hiring ban and…
Tata closes Port Talbot early due to strikes
Tata Steel told its workers that it may have to close down the steel plant at Port Talbot earlier than expected due…
LGIM sells some Glencore shares due to concerns about coal production
Legal and General Investment Management will sell some of Glencore's shares due to concerns about the company's…
YouTube talks AI music deal with record labels
YouTube is in discussions with record labels about licensing their songs to artificial intelligence tools which…
Alliance and Witan merge to form £5 billion giant
Alliance Trust, one of Britain's oldest and most respected investment trusts, announced a merger with its rival…
Deliveroo’s shares are up after reports of a takeover bid from a US rival
Analysts suggest that other bidders may come forward soon. Shares of the UK food delivery service Deliveroo rose…
Triple profits for retailer AO World thanks to TV sales of Euro 2024
Online electrical goods retailer AO World enjoyed a near tripling of profits, thanks to the booming sales of tumble…
The planned Universal theme park to be built in Bedfordshire will ‘bring…
Universal, the movie group, has announced that a Hollywood-themed park they plan to build in Bedfordshire will be…