Economy Jeremy Hunt reduces national insurance, but taxes are at postwar highs admin Nov 23, 2023 Chancellor Jeremy Hunt cut personal and business taxes by £20bn as part of his Autumn Statement aimed to boost…
Business B&Q’s owner Kingfisher issues a second profit warning due to falling… admin Nov 23, 2023 Kingfisher, the owner of B&Q, has issued its second profit alert in just six months following a drop in sales…
Banking Bank losses mount as high-interest rates hammer eurozone, warns ECB admin Nov 23, 2023 The European Central Bank warned that bank losses in the Eurozone will continue to rise as high rates of…
Business ONS: For the first time in twelve years, ONS reports that more businesses are… admin Nov 23, 2023 Official data shows that for the first 12 years, more businesses are closing than opening. The number of…
Stockmarket News Stock Market Today – Dow and S&P live updates for November 21 admin Nov 22, 2023 The Federal Reserve minutes reaffirmed its cautious approach. Traders were focused on Nvidia Corporation after this…
AI Sam Altman and OpenAI Board Open Talks to Talk About Possible Return After Ouster admin Nov 22, 2023 According to sources with knowledge of this matter, Sam Altman and members of the OpenAI Board, as well as the…
Automotive Stellantis, owner of Vauxhall, in talks with Chinese competitor for European EV… admin Nov 22, 2023 Vauxhall's owner Stellantis has been in discussions with a Chinese manufacturer of batteries to build an…
Economy Guy Hands: I shouldn’t have left the UK to go to Guernsey for its low tax admin Nov 22, 2023 Guy Hands is one of Britain's most well-known investors. He has admitted that he regrets leaving the UK and…
Cyber security Cyber attack on British Library raises concern over UK resilience admin Nov 22, 2023 Security experts are concerned about the vulnerability in the public sector IT infrastructure, especially at a…
Jobs and employment The UK Supreme Court has ruled that Deliveroo riders do not count as employees admin Nov 22, 2023 In a landmark ruling for the gig-economy, the UK Supreme Court ruled that Deliveroo riders could not be recognized…
Energy Northvolt makes a breakthrough in sodium-ion batteries admin Nov 22, 2023 Northvolt claims to have made a breakthrough with a new battery for energy storage. The Swedish start-up company…
Banking Bank of England Governor warns the markets that inflation will not fall rapidly admin Nov 22, 2023 Andrew Bailey warned the markets not to underestimate the UK's persistent inflation, and emphasized that he expects…
Health US tech group Palantir wins lucrative NHS data contract admin Nov 22, 2023 The NHS England announced Tuesday that US data analytics company Palantir had won a contract worth £330mn for the…
EU trade France supports UK’s call to delay tariffs for electric vehicles admin Nov 22, 2023 France has indicated that it would like to delay the introduction tariffs for electric vehicle sales in the UK and…
Automotive Cazoo founder Alex Chesterman sees his share price wiped out as lenders take… admin Nov 21, 2023 Alex Chesterman, , the founder of Cazoo, will see his shareholdings in the company nearly wiped out when…
Companies EY talks about abandoning London headquarters admin Nov 21, 2023 EY is considering abandoning its London headquarters, the latest sign that office life is deteriorating as more…
Investment Private equity buys back companies after IPO failures admin Nov 21, 2023 In an effort to salvage investments which have failed to perform well on the stock exchanges, private equity firms…
Companies Mars’ Hotel Chocolat deal is part of the push to premium chocolate. admin Nov 21, 2023 The UK boutique chain's founding directors received a sweet £280mn payout from Mars' acquisition of Hotel Chocolat…