Chief economist of the World Bank says that Britain’s stagnation is similar…
Indermit Gil says that tax burdens are reaching record levels, and the state is bloated.
According to the World…
Asda wants to raise £2.6bn in order to refinance its debt burden
Asda will raise more than £2.6bn in order to refinance part of its debt after the UK supermarket revealed results…
Elliott Management, a hedge fund, buys Thames Water bonds
Elliott Management, a US hedge fund, has bought the bonds of the troubled British utility Thames Water in an…
FTSE 100 closes on record high after sterling falls
The FTSE 100 reached a new high on Monday, as the rising expectation of UK interest rate reductions weakened…
Frasers prevents regulator from publishing key findings
Mike Ashley's Frasers Group refused to let the Financial Reporting Council publish the main findings of an…
Investors rush to SpaceX, OpenAI and Destiny shares
A fund in the United States that offers "public access" to private technology has seen its value soar amid investor…
Middle East and Chinese investors are at Selfridges
Where is Selfridges second largest store? "Is it in Birmingham, or Manchester?" asked one of Central Group's…
Hornby sales are down after Houthis block Red Sea cargo
Hornby has seen a drop in sales due to delays in deliveries caused by shipping attacks in the Red Sea.…
Tyman accepts Quanex’s offer of £788m in its latest overseas takeover
Tyman is the latest London listed company to be acquired by an overseas competitor after accepting an offer of…
Investors say that a large bid could save London
A leading fund manager said that it might take a bid to buy a large UK blue-chip company to awaken investors to the…
Mobico, the owner of National Express, flashes its hazard light to get investors…
Mobico's shares, which own National Express, fell to their lowest ever price on Monday due to a profit warning, a…
Bank of England raises alarm over private equity sector
Bank of England warns that mounting pressure on the £6.5 trillion (£6.5 billion) private equity sector could lead…
Foxtons is going to sell after cleaning up its act?
It was a time when you felt that Foxtons, the London estate agency, owned London.
In the noughties its…
Estrella Damm opens its first British brewery in Bedford
The family-owned Estrella Damm, which is a leading producer of Spanish lager in Britain, has invested €60 million…
Royal Mail investor slams ‘raider Kretinsky’ over £3bn Takeover
Daniel Kretinsky, however, was not one of those people. He had his work on his mind as he stretched out on a…
The disappointment of a 3.2% inflation rate as the hopes for rate reductions fade
The Bank of England is more likely to delay cutting interest rates later in the year if inflation falls slower than…
The German electric car market is stagnant
Electric car sales have dropped sharply in Germany, as concern grows across the continent about zero-emission cars.…
Concord Chorus and UK music investor Hipgnosis reach agreement on £1.1bn purchase
After months of turmoil, the British music royalties fund Hipgnosis has agreed to be taken over by a rival music…