UK Tax Number of UK top-rate taxpayers to exceed £1mn for first time Simon Rowe Jun 28, 2024 This year, the number of UK residents paying the highest rate of income tax will surpass £1 million for the first.…
Airline Boeing criticised by US regulator after revealing details of panel blowout to… Simon Rowe Jun 28, 2024 Boeing was sanctioned for "blatantly violating" regulations when it revealed private information to media and…
Politics The number of UK income tax filers has risen by 4.4m over the past three years as… Simon Rowe Jun 28, 2024 Official data shows that the number of people forced to pay income tax in Britain has risen by an estimated 4,4…
Economy Labour will seek to’stabilise position’ with Europe, rather than… Simon Rowe Jun 28, 2024 Shadow business secretary said that Labour would prefer stability in the UK-Europe relationship than to try and…
US US Supreme Court blocks Purdue Pharma bankruptcy settlement which would have… Simon Rowe Jun 28, 2024 The US Supreme court rejected Purdue Pharma’s bankruptcy settlement plan, which included a measure extraordinary to…
Banking Bank of England warns that a global wave of elections may affect the UK financial… Simon Rowe Jun 28, 2024 The Bank of England warned that the uncertainty caused by the global wave of election, which will begin this coming…
Companies BP halts all new offshore wind project and imposes a hiring freeze Simon Rowe Jun 28, 2024 In an apparent effort to appease investors unhappy with BP 's green goals, the head of BP imposed a hiring ban and…
Business Tata closes Port Talbot early due to strikes Simon Rowe Jun 28, 2024 Tata Steel told its workers that it may have to close down the steel plant at Port Talbot earlier than expected due…
Mining LGIM sells some Glencore shares due to concerns about coal production Simon Rowe Jun 27, 2024 Legal and General Investment Management will sell some of Glencore's shares due to concerns about the company's…
Artificial intelligence YouTube talks AI music deal with record labels Simon Rowe Jun 27, 2024 YouTube is in discussions with record labels about licensing their songs to artificial intelligence tools which…
Investment Alliance and Witan merge to form £5 billion giant Simon Rowe Jun 27, 2024 Alliance Trust, one of Britain's oldest and most respected investment trusts, announced a merger with its rival…
Companies Deliveroo’s shares are up after reports of a takeover bid from a US rival Simon Rowe Jun 27, 2024 Analysts suggest that other bidders may come forward soon. Shares of the UK food delivery service Deliveroo rose…
Business Triple profits for retailer AO World thanks to TV sales of Euro 2024 Simon Rowe Jun 27, 2024 Online electrical goods retailer AO World enjoyed a near tripling of profits, thanks to the booming sales of tumble…
Leisure and Hospitality The planned Universal theme park to be built in Bedfordshire will ‘bring… Simon Rowe Jun 27, 2024 Universal, the movie group, has announced that a Hollywood-themed park they plan to build in Bedfordshire will be…
NHS The future of a firm that provides vital NHS services is uncertain Simon Rowe Jun 27, 2024 Auditors have warned that the British arm of Atos - the French technology firm which is a key supplier to the NHS…
Business The union calls on Royal Mail to give staff a’serious stake in… Simon Rowe Jun 27, 2024 After the Czech billionaire who is bidding for the ownership of Royal Mail for £3.6bn suggested that he might…
Cars Volkswagen to invest $5bn in Tesla electric car rival Simon Rowe Jun 27, 2024 Volkswagen announced plans to invest $5bn (£3.9bn), or up to 9% of its total revenue, in Rivian's US electric…
Drug research Weight-loss drugs to boom with generic versions Simon Rowe Jun 26, 2024 Experts have predicted that weight-loss medicines will see a boom in popularity, now that the first generic…