UK Borrowing Costs Surge as Markets Brace for Reeves Historic First Budget
British long-term borrowing costs reached a post-election peak on Tuesday as financial markets prepared for Rachel…
Monthly Archives
October 2024
Alphabet Profit Skyrockets on Cloud Expansion and AI Demand
Alphabet Inc, the parent company of Google, has announced a striking 34 per cent rise in profit for the third…
UK Government Urged to Simplify Visa Process for AI Experts
The UK government faces calls to streamline its visa process for experts in artificial intelligence, aiming to…
UBS Reports Significantly Higher Than Expected Profits
UBS has disclosed a net profit of $1.4 billion for the third quarter, surpassing expectations thanks to its trading…
Volkswagen Seeks Restructuring as Profit Plummets in China Sales Decline
Volkswagen AG, Europe's largest automaker, has found itself in a precarious position following a 64 per cent…
Ondo InsureTech Eyes Major U.S. Expansion Amid Rising Demand
Ondo InsureTech, a company specializing in water damage prevention systems for home insurers, is making significant…
Fire Breaks Out at BAEs Nuclear Submarine Facility in Barrow
A significant fire erupted at BAE Systems' shipyard in Barrow-in-Furness during the early hours of Wednesday…
Restaurants and pubs warn they will close if taxes increase and the business rate…
If Rachel Reeves’s budget, released this week, raises taxes on businesses and eliminates a Covid-era tax break for…
Wise boss fined £350,000 after failing to inform FCA that he failed to pay tax
The City regulator fined Wise's founder £350,000 after he failed to notify them that he hadn't paid his taxes.…
Lloyds assesses impact of court decision on car loans
Lloyds Banking Group said that it is assessing the impact of , a landmark ruling by a court on Friday over…
Good Energy is approached by a UAE-linked company to take over the firm.
A company with links to the United Arab Emirates Royals approached one of UK's leading green electricity providers…
Shares face tax hikes, so investors flock to gilts
Fears that the Labour government would increase the capital gains rate on shares during the budget next week has…
UK house sales: busiest market for four years
London's housing market has seen its busiest period in four years. This is partly because London landlords are…
Lenders are facing a “PPI 2.0” in claims due to the car finance ruling
After a judge ruled that auto finance companies had hidden commission payments from their customers, borrowers…
Upgrades to trainlines are expected for the second consecutive month
Trainline increased its guidance for the full year for the second time in just two months, after realizing more…
As tensions in the Middle East ease, oil prices fall 6%
The oil prices fell sharply Monday, after Iran did not announce an immediate response to Israel's attacks on the…
Electricity supply holds back data centre investments
Chief executive of one of Canada's largest commercial property developers said that he would invest "hundreds and…
Boeing wants to raise another $19bn from investors
Boeing, the struggling American aircraft manufacturer, has asked investors to inject about $19 billion in order to…