Rail industry FirstGroup, the UK’s largest train operator, faces a £1bn loss under… admin Dec 13, 2023 A broker in the City stated that the UK's biggest rail operator could suffer a £1bn loss in revenue due to Labour's…
Companies Thames Water boss admits that the company doesn’t have sufficient money to… admin Dec 13, 2023 The boss of Thames Water, a struggling utility company, has admitted that the company does not have the money to…
Pharmaceutical Walgreen, Boots’ owner, explores London listing for high-street chain admin Dec 13, 2023 Boots, the US-owned high street pharmacy chain, is considering a £7bn UK IPO. This could give London's struggling…
Business Business lobby group warns of ‘anti-growth climate’ in the UK admin Dec 13, 2023 The head of a British business lobby group warned that a lack of workers had contributed to 'anti-growth…
Companies UK companies in China view 2024 as pivotal for investment admin Dec 13, 2023 The British Chamber of Commerce stated on Tuesday that UK businesses in China view 2024 as "a pivotal year" where…
Inflation The rise in US core inflation highlights persistent price pressures admin Dec 13, 2023 US core inflation increased last month. This supports the argument of the US Federal Reserve, that interest rates…
Media Netflix releases viewing statistics for its entire catalog for the first-ever time admin Dec 13, 2023 Netflix, which has long been criticised for its lack of transparency regarding how films and shows perform on their…
Retail Macy’s offers $5.8bn in buyouts that could remove it from the stock market admin Dec 12, 2023 Macy's, a department store chain in the US, is the subject of an offer of $5.8bn. (£4.6bn). This would mean that…
AI EU sets strict limits on the use of AI-biometric surveillance by police admin Dec 12, 2023 It has been revealed that in most cases, police and national security agencies in the EU are not allowed to use…
Economy IMF official: World economy is on the brink of “cold war 2” admin Dec 12, 2023 A senior International Monetary Fund representative has warned that the world economy is at the brink a second Cold…
Mining Analysts say that Anglo American, a miner, could be a target for takeover. admin Dec 12, 2023 Analysts believe that the mining company Anglo American may become a target for a takeover after it warned of lower…
Economy First time in more than a decade, the use of physical money is on the rise admin Dec 12, 2023 For the first time since at least a decade the use of physical cash is increasing, as households are returning to…
Banking Investors warn that the Bank of England is lagging behind its peers in combating… admin Dec 12, 2023 Investors have warned that the Bank of England is facing a stubborn inflation problem which may prevent it from…
Companies Activist investor Cevian gains 20% thanks to CRH relisting admin Dec 12, 2023 Cevian Capital, one of Europe's biggest activist investors, has seen gains of nearly 20 percent this year. This is…
Artificial intelligence Nvidia is the leading AI investor admin Dec 12, 2023 Nvidia is the most valuable chipmaker in the world. It has invested heavily in AI start-ups to capitalize on its…
Science Scientists use brain tissue for biocomputing research admin Dec 12, 2023 Scientists have developed a system that combines brain-like tissue with electronic hardware for speech recognition…
Financial The UK Government offers £2.5bn for the stabilisation of Northern Ireland’s… admin Dec 12, 2023 The UK government offered Northern Irish political groups a package of financial stabilization measures totaling…
Banking Bank of England and Fed to hold interest rates admin Dec 11, 2023 Western world's biggest central banks will likely keep interest rates at the same level this week, amid concerns…