Financial After FCA investigation into commissions, UK auto lenders may face a bill of up to… admin Jan 25, 2024 The UK financial watchdog has revealed the extent of its investigation into historical commission agreements which…
Economy China cuts bank minimum reserves by 0.5% admin Jan 25, 2024 China's central banks has cut the amount of cash required by banks to hold in reserve. They hope to increase the…
UK manufacturing UK factories reduce production for the 11th consecutive month amid tensions at Red… admin Jan 25, 2024 UK factories have reduced production and investment at the start of the new year. This is a result of escalating…
Business Space race to unlock mineral wealth of asteroids admin Jan 25, 2024 The term "asteroid mining" might sound like something out of science fiction, conjuring up images of workers…
Technology Spotify wins the App Store Controls Battle against Apple admin Jan 25, 2024 Spotify is claiming a victory in Europe over Apple by allowing in-app purchases and promotion of its services,…
Companies EasyJet’s losses to shrink despite Middle East loss of £40m admin Jan 25, 2024 EasyJet expects its losses to be lower than the record-breaking deficit of last year, despite the £40 million hit…
Energy The French government is pressing the UK to fill a multi-billion-pound gap in… admin Jan 25, 2024 The French government wants the UK to plug a multi-billion-pound budget hole for nuclear power projects that are…
Health AstraZeneca to invest £100m in a vaccine plant near Liverpool admin Jan 25, 2024 AstraZeneca wants up to £100m in government assistance to expand its vaccine production facility located in the…
Business Vertical Aerospace founder gives $50m to Vertical Aerospace to keep it airborne admin Jan 24, 2024 Vertical Aerospace, an electric flying taxi company, received $50 million from its founder in order to stay…
Energy EDF says Hinkley Point C may be delayed until 2031, and could cost up to £35bn. admin Jan 24, 2024 Hinkley C , the owner of , has blamed Brexit, Covid and inflation for its announcement that it could delay and cost…
Markets Chinese markets rise on news Beijing may consider £222bn State Rescue Plan admin Jan 24, 2024 Chinese markets are up after a report that Beijing is scrambling for billions of Yuan to be mobilized from…
Crypto currency Bitcoin price drops 15% after launch of ETFs admin Jan 24, 2024 Bitcoin's value has dropped by 15 percent in the last two weeks as investors have taken advantage of the launch of…
Financial The sharp fall in UK government borrowings in December has raised the prospect of… admin Jan 24, 2024 The UK government borrowed less in December than was expected, which is a boon to chancellor Jeremy Hunt’s plans to…
Jobs and employment Abrdn will cut hundreds of jobs in its restructuring plan of £150mn admin Jan 24, 2024 UK asset manager Abrdn is preparing to make hundreds of job cuts as part of a drive to cut about £150mn in costs.…
US Netflix signs $5bn agreement to livestream WWE Raw admin Jan 24, 2024 Netflix has signed a five-billion dollar deal to stream World Wrestling Entertainment’s flagship Raw program in the…
AI AI voice-cloning start-up ElevenLabs achieves unicorn status admin Jan 24, 2024 In its latest round of funding, a start-up company that clones people's voice was valued at over $1 billion. This…
Business Nikkei returns to top spot as Japan looks back at the Eighties admin Jan 24, 2024 The Japanese economy seemed to have no limits in the 1980s. The economy grew rapidly, with a peak growth rate of…
Inflation Primark boss warns of high inflation admin Jan 24, 2024 Inflation in the UK will not return to levels seen before Russia's invasion of Ukraine because of rising wages, a…