Eurozone dips into recession
At the beginning of this year, the eurozone economy entered a recession as the decline in German and other large…
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UK to introduce floor on oil and gas windfall taxes
In an effort to increase North Sea investment, the levy will only be applied if prices exceed a certain threshold.…
Barclays is reportedly looking for buyers of Italy loans worth €5 billion.
Barclays Plc wants to sell around €5 billion ($5.3billion) in Italian mortgage loans to exit retail banking.…
Investec Takes Majority of Capitalmind M&A Boutique
Investec bank plc bought a majority share in European adviser Capitalmind Group. This is the latest deal in a…
OECD Signals that UK Government is unlikely to be able to achieve tax cuts
Organisation for Economic Cooperation and Development warned the UK Government that it had "little fiscal room" for…
Trafigura traders share $3 billion payout on record profit
Trafigura group has paid out $3 billion in bonuses to its top executives and traders as it achieved a…
As employees demand flexible working, big firms are shedding office space.
Around half of the largest companies in the world plan to reduce their office space within the next few year as…
Sharon White says that John Lewis Partnership is likely to make a profit by 2026.
Dame Sharon White pledged that the John Lewis Partnership would return to a "sustainable" profit by 2026. This may…
The tech sector is not optimistic about a quick US-UK digital deal
Prime Minister Rishi sunak's frustrations as he lands in Washington for a meeting with President Joe Biden to…
US Treasury’s $1tn borrow drive to put pressure on banks
Analysts are worried that the new debt issuance after the fight over the debt ceiling will drive up yields, and…
The debt servicing costs of the EU budget are expected to double by 2024
According to the budget chief of the Commission, on Wednesday, interest rates will increase and the EU's debt costs…
EU cracks down on ESG ratings for conflict of interest
Funds could be fined up to 10% of their turnover if they fail to comply with proposed regulations regarding ethical…
After Lloyds’s receivership, Telegraph titles will be sold
The Daily and Sunday Telegraph papers and the Spectator Magazine will be sold after the Lloyds Banking Group forced…
Chemring orders reach record levels amid rising global tensions
Chemring, a company listed at the London Stock Exchange and one of the last defence firms in Europe, has seen a…
ESG funds have ‘worst withdrawal month ever’
British investors dumped funds badged as sustainable or ethical at their fastest pace ever last month, according to…
Shell exits home retail energy business across Britain, Germany and The…
Shell is the latest to leave the domestic electricity market and blames the volatility of the energy sector as well…
Coinbase accused of illegal operation by US watchdog
The top American market regulator is suing Coinbase - the largest cryptocurrency trading platform in the country -…
Construction PMI: Drop in housebuilding ‘will chill spine’ of UK…
The pace of housebuilding declined last month to its lowest level since the first Covid locking down three years…