Bank of England warns lenders about private equity risks
In its most recent warning, the Bank of England found that some banks were unable to quantify the exposure they…
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JD Sports signs $1.1 billion deal to expand in US
Retailer completes largest acquisition to date by purchasing Alabama-based chain
JD Sports has reversed the…
Thames Water plans to pay out £2bn in dividends to shareholders despite the threat…
Thames Water plans to pay out £2bn as dividends over the next 10 years despite fears of the company's demise.
In…
Baltimore Bridge ship owner invokes pre Civil War law to limit cost
The shipping company that is responsible for the collapse of the Baltimore Bridge wants to reduce its liability…
Tesla accelerates the roll-out of cheaper electric vehicles
Tesla has accelerated plans to produce a variety of cheaper vehicles as Elon Musk’s electric vehicle manufacturer…
Kingsmill owner warns about price increases due to the’very little’…
One of the UK’s largest bread manufacturers has warned that prices could rise as the company expects “very small”…
Blackpool’s rockers fear for the future of seaside tradition
Blackpool rock is a British seaside tradition as traditional as donkeys on the beach, arcades and fair-to-middling…
FTSE 100 reaches record high amid rising shares amid hope of interest rate…
The UK stock exchange hit a new record on Tuesday as investors hoped for interest rate reductions and a calming of…
Bank of England chief economist dampens summer interest rate cut hopes
After the Bank of England chief economist warned against reducing interest rates too early and said that inflation…
Leading UK lenders raise fixed-rate mortgage deals amid ‘market…
In response to the "uncertainty" in the market, at least five major lenders raised their rates on fixed mortgages…
The world’s largest floating wind farm will be built just off the Scottish…
Off the coast of Scotland, the world's largest floating offshore wind farm will be constructed to power North Sea…
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…