EU trade After the Red Sea attack, demand for goods to be transported to Europe has boosted… admin Mar 11, 2024 According to rail and logistics operators, the demand for goods to be transported from Asia to Europe via Russia…
Energy Decision over first mini-nuke sites delayed amid legal action fears admin Mar 11, 2024 Great British Nuclear (GBN) has postponed deciding where to build the first mini-nuclear power reactors until after…
Economy Mark Carney, the new Labour Secretary of State for Finance and Economic Affairs,… admin Mar 11, 2024 Labour hired former Bank of England Governor Mark Carney, and Barclays boss to unlock billions of pounds of private…
Automotive Bahrain’s Mumtalakat wants to sell its controlling stake in McLaren despite… admin Mar 11, 2024 Bahraini McLaren owners have hired bankers in order to sell their stakes in the British automaker after investors…
Property Direct Line’s boss beefs up defenses after Ageas acquisition admin Mar 11, 2024 Adam Winslow is the new boss at Direct Line and he will be presenting some of his plans to turn around the troubled…
Companies Selfridges’ tycoon Rene Benko files insolvency admin Mar 8, 2024 Rene Benko, the self-styled tycoon of Selfridges and Signa, has filed for bankruptcy following the collapse of his…
Companies Raising the VAT threshold to help small businesses admin Mar 8, 2024 From April, thousands of small businesses and self-employed people will not be required to charge VAT at 20…
Companies Rentokil initial’s American dream comes true admin Mar 8, 2024 Rentokil Initial's biggest acquisition to date has begun to pay dividends for the company, once known as the "royal…
Shares Aviva buyback brings shareholder returns up to £9bn admin Mar 8, 2024 Aviva's boss has intensified her efforts to turn around the insurer. She is implementing a plan that will boost…
Companies Entain lost £40 million in earnings due to changes in gambling rules admin Mar 8, 2024 The group that owns Ladbrokes, Sportingbet and other gambling brands revealed a £40-million hit to its earnings in…
Global economy ITV profits are hit by falling advertising revenues admin Mar 8, 2024 ITV's boss believes the advertising market has recovered from last year, which she called the worst recession since…
Energy Harbour Energy suffers from lower gas prices admin Mar 8, 2024 After lowering its natural gas price projections, Britain's largest oil and gas producer anticipates generating…
Banking The number of US banks that are weaker has increased as NYCB’s capital… admin Mar 8, 2024 Regulators warned that the number of US problem banks has increased by 18%, while New York Community Bank, led by…
Banking Virgin Money to be acquired by Nationwide for £2.9bn admin Mar 8, 2024 Nationwide Building Society reached an agreement with Virgin Money to purchase it for £2.9bn. This deal would make…
Investment Gold prices surge to record highs admin Mar 7, 2024 Gold's price has soared to record levels, driven by investors looking for safe havens and central banks.…
Banking Consumer groups warn that the merger of Capital One and Discover is a dangerous… admin Mar 7, 2024 Campaigners have urged regulators to stop Capital One's $35bn acquisition of Discover. They say that the deal is…
Retail Shein UK violates company law for failing to disclose the human owner admin Mar 7, 2024 The UK division of fast-fashion firm Shein failed to disclose the ultimate owner, which is a violation of company…
Drug research AstraZeneca builds £450m vaccine center in Liverpool as boost for UK admin Mar 7, 2024 AstraZeneca will spend £650m to build a new factory for vaccines in Liverpool, and upgrade research labs at…