Water and sanitation Thames Water plans to pay out £2bn in dividends to shareholders despite the threat… admin Apr 24, 2024 Thames Water plans to pay out £2bn as dividends over the next 10 years despite fears of the company's demise. In…
Financial Baltimore Bridge ship owner invokes pre Civil War law to limit cost admin Apr 24, 2024 The shipping company that is responsible for the collapse of the Baltimore Bridge wants to reduce its liability…
Electric vehicles Tesla accelerates the roll-out of cheaper electric vehicles admin Apr 24, 2024 Tesla has accelerated plans to produce a variety of cheaper vehicles as Elon Musk’s electric vehicle manufacturer…
Food industry Kingsmill owner warns about price increases due to the’very little’… admin Apr 24, 2024 One of the UK’s largest bread manufacturers has warned that prices could rise as the company expects “very small”…
Food and drink industry Blackpool’s rockers fear for the future of seaside tradition admin Apr 24, 2024 Blackpool rock is a British seaside tradition as traditional as donkeys on the beach, arcades and fair-to-middling…
Shares FTSE 100 reaches record high amid rising shares amid hope of interest rate… admin Apr 24, 2024 The UK stock exchange hit a new record on Tuesday as investors hoped for interest rate reductions and a calming of…
Banking Bank of England chief economist dampens summer interest rate cut hopes admin Apr 24, 2024 After the Bank of England chief economist warned against reducing interest rates too early and said that inflation…
Mortgage Leading UK lenders raise fixed-rate mortgage deals amid ‘market… admin Apr 24, 2024 In response to the "uncertainty" in the market, at least five major lenders raised their rates on fixed mortgages…
Energy The world’s largest floating wind farm will be built just off the Scottish… admin Apr 23, 2024 Off the coast of Scotland, the world's largest floating offshore wind farm will be constructed to power North Sea…
Economy Chief economist of the World Bank says that Britain’s stagnation is similar… admin Apr 23, 2024 Indermit Gil says that tax burdens are reaching record levels, and the state is bloated. According to the World…
Business Asda wants to raise £2.6bn in order to refinance its debt burden admin Apr 23, 2024 Asda will raise more than £2.6bn in order to refinance part of its debt after the UK supermarket revealed results…
Companies Elliott Management, a hedge fund, buys Thames Water bonds admin Apr 23, 2024 Elliott Management, a US hedge fund, has bought the bonds of the troubled British utility Thames Water in an…
Interest rates FTSE 100 closes on record high after sterling falls admin Apr 23, 2024 The FTSE 100 reached a new high on Monday, as the rising expectation of UK interest rate reductions weakened…
Retail Frasers prevents regulator from publishing key findings admin Apr 23, 2024 Mike Ashley's Frasers Group refused to let the Financial Reporting Council publish the main findings of an…
AI Investors rush to SpaceX, OpenAI and Destiny shares admin Apr 23, 2024 A fund in the United States that offers "public access" to private technology has seen its value soar amid investor…
Companies Middle East and Chinese investors are at Selfridges admin Apr 23, 2024 Where is Selfridges second largest store? "Is it in Birmingham, or Manchester?" asked one of Central Group's…
Financial Hornby sales are down after Houthis block Red Sea cargo admin Apr 23, 2024 Hornby has seen a drop in sales due to delays in deliveries caused by shipping attacks in the Red Sea.…
Business Tyman accepts Quanex’s offer of £788m in its latest overseas takeover admin Apr 23, 2024 Tyman is the latest London listed company to be acquired by an overseas competitor after accepting an offer of…