Bellway Abandons Crest Nicholson Takeover at the Eleventh Hour
In a surprising turn of events, Bellway has decided to abandon its £720 million takeover bid for Crest Nicholson,…
Monthly Archives
August 2024
UK Inflation Rises to 2.2% in July, Surpassing Bank of England’s Target
Inflation in the UK rose for the first time this year in July, climbing to 2.2% and surpassing the Bank of…
US Considers Google Break-Up After Monopoly Ruling
Google's parent company, Alphabet Inc., faces potential divestiture of key operations following a landmark ruling…
UK Home Insurance Premiums Soar to Record High Amid Surging Weather-Related Claims
The cost of protecting one's home in the United Kingdom has reached an unprecedented level, with the average…
Labour Considers Private Finance for £9bn Lower Thames Crossing Project
Chancellor Rachel Reeves is exploring the possibility of seeking private investment to fund the £9 billion Lower…
Dozens of UK Startups Backed by Taxpayer-Funded Loans Face Closure Amid Pandemic…
The Future Fund, a £1.14 billion portfolio of investments established by former Conservative prime minister Rishi…
Janus Henderson Bolsters Private Credit Presence with Victory Park Capital Stake
In a move that underscores the growing investor appetite for private credit, Janus Henderson, the British-American…
Ofgem Approves 34bn Subsea Cable Project Connecting Scotland and England
In a significant move towards a greener future, Great Britain's energy regulator, Ofgem, has given the go-ahead for…
Just Group Expects to Surpass Profit Forecast Amid Booming Corporate Pension Deals
Just Group, a prominent UK life insurer, has announced that it anticipates "substantially exceeding" its full-year…
NHS Launches Antibiotic Subscription Scheme with Pharmaceutical Industry
The National Health Service (NHS) has announced a groundbreaking initiative to tackle the growing threat of…
UK Wage Growth Slows to Two-Year Low as Unemployment Rate Declines
The UK's labour market has shown mixed signals, with wage growth hitting its lowest rate in nearly two years, while…
UK Universities Face Financial Challenges Amid Calls for Cost-Cutting Measures
The UK university sector is grappling with mounting financial pressures, and Sir Philip Augar, the author of the…
Brexit Seed Import Delays Threaten UK Crop Production and Food Security
The introduction of post-Brexit border rules on 30 April has led to significant delays in seed imports from the EU,…
BT Breathes Sigh of Relief as Patrick Drahi Reportedly Sells Down Stake to Raise…
The City is abuzz with speculation that debt-laden media tycoon Patrick Drahi has quietly sold a portion of his…
Heathrow Loses 90000 Transfer Passengers Due to New £10 ETA Fee
Heathrow Airport, the bustling hub of the United Kingdom, has reported a significant setback following the…
Government Urged to Reform Business Rates as 17000 Shops Face Closure Risk
The chief executive of Sainsbury's, Simon Roberts, and the general secretary of the Union of Shop, Distributive and…
Treasury Pledges Low Carbon Investment Relief to Appease Oil and Gas Industry
The Treasury has moved to quell a heated dispute with the North Sea oil and gas industry by committing to maintain…
Global Push for Higher Taxes on the Super-Rich Gains Momentum
In a significant shift in global sentiment, calls for higher taxes on the super-rich are gaining traction, with…