Transport London’s Transport Authority warns of a funding shortfall despite securing… admin Dec 19, 2023 Transport for London warned Monday of a funding shortage after only receiving half the grant they had requested…
Oil and Gas BP halts oil shipments across the Red Sea following rebel attacks admin Dec 19, 2023 BP is the first major oil company to halt all shipments via the Red Sea. The company mentioned a worsening…
Interest rates Bank of England is waiting for clarity on wage growth to reduce interest rates,… admin Dec 19, 2023 According to a senior official, the Bank of England will have to wait until it is more certain that the UK labour…
Business High rates of bankruptcy and the end of Covid assistance hit businesses hard admin Dec 19, 2023 As borrowing costs increase and governments remove pandemic-era support measures for businesses worth trillions,…
Business BlackRock sued by Tennessee for ESG strategies admin Dec 19, 2023 BlackRock was sued on Monday by the US state Tennessee. The lawsuit accused the $9.1 trillion New York-based asset…
US Nippon Steel to Buy US Steel for $14.9bn admin Dec 19, 2023 Nippon Steel agreed to purchase US Steel for $14.9bn, its largest acquisition ever. The Japanese group is targeting…
EU Adobe and Figma abandon merger proposal of $20bn admin Dec 19, 2023 Adobe abandoned its $20bn proposed acquisition of Figma's product design software, claiming that there was no…
Oil and Gas As attacks on Red Sea shipping increase, the US has expanded its naval task force… admin Dec 19, 2023 The Pentagon convinced over seven allies in the Red Sea to join a stronger naval task force due to more attacks on…
Retail Apple stops US Watch sales before Christmas following patent loss admin Dec 19, 2023 Apple will cease selling smartwatches in its own US stores by Christmas, after losing a case of patent…
Financial The university financial ticking bomb admin Dec 18, 2023 Vice chancellors nationwide have long warned of a growing financial crisis in universities.The dire warnings have…
Russia -Ukraine war Rolls-Royce is in talks with Ukraine to build mini-nukes admin Dec 18, 2023 Rolls-Royce has begun talks with Ukraine’s largest private power company about building a series of mini-nuclear…
Business Lloyd’s of London will remain in the landmark building at least until 2035 admin Dec 18, 2023 Lloyd's of London and its landlord Ping An have agreed to remain at their One Lime St headquarters until 2035 at…
Brexit UK FCA rejects extension of post Brexit licensing regime admin Dec 18, 2023 The UK's top regulator of financial services has ruled out extending its temporary post Brexit licensing regime…
Agriculture Farmers’ leader criticises post-Brexit agriculture policy admin Dec 18, 2023 The post-Brexit farm subsidy scheme is not better than the previous EU model and big landowners still receive…
EU Ryanair boss Michael O’Leary is on track for a £100mn bonus admin Dec 18, 2023 Ryanair CEO Michael O'Leary will receive a €100mn Bonus due to the low-cost carrier's shares reaching a new record.…
Stockmarket News Investors abandon notion that interest rates would remain ‘higher’ for… admin Dec 18, 2023 The recent rally on global bond markets has dispelled investors' long-held belief that interest rates will continue…
Economy Shetland’s SaxaVord Spaceport awarded licence for UK’s first vertical rocket… admin Dec 18, 2023 The UK has approved its first spaceport for vertical launch rockets in the northernmost part of the Shetland…
Automotive The car finance bubble bursts when drivers are unable to pay their payments admin Dec 15, 2023 Deal complaints are on the rise due to rising interest rates and cost of living. Complaints about auto finance…