Financial Thinktank: UK faces a £33bn financial hole or a return to austerity. Simon Rowe Jun 5, 2024 A think-tank warned that Britain's new government would need to make up a deficit of up to £33bn in the public…
Property Blackstone, a US private equity firm, has snatched up thousands of rental… Simon Rowe Jun 5, 2024 Blackstone, a US private equity firm, has agreed to buy a number of new homes in the UK to take advantage of…
Food and drink industry Spanish beer chief criticizes ‘dishonesty’ of UK brewers in Madri boom Simon Rowe Jun 5, 2024 Estrella Galicia's boss has accused British brewers for "dishonesty", as they sell beers that look Spanish, but are…
Retail Tesco to sell luggage and furniture in competition with Amazon Simon Rowe Jun 5, 2024 Tesco launched a digital marketplace to sell everything from giant chess set to office furniture. The supermarket…
Economy German unemployment rises three times higher than expected Simon Rowe Jun 5, 2024 The German unemployment rate has increased by more than anticipated, putting an end to any hopes of a recovery from…
Airbus Airbus announces stealth combat drones to support fighter jets Simon Rowe Jun 5, 2024 Airbus unveiled a new unmanned fighter jet capable of serving as a "loyal wingman", for RAF pilots who fly…
Business Chill Brands asks for suspension of shares while investigation is underway Simon Rowe Jun 4, 2024 The shares of a London listed vaping company were suspended after the board was unable to provide an "accurate"…
Law GSK shares drop another 9.5% following Zantac’s legal setback Simon Rowe Jun 4, 2024 GSK's market value was reduced by almost £7 billion after it suffered a major setback in the costly legal battle…
Shares After glitch, NYSE has canceled erroneous Berkshire Hathaway trades and other… Simon Rowe Jun 4, 2024 The New York Stock Exchange announced that it would cancel all erroneous trading after a technical problem led to…
Media Paramount, the owner of Channel 5, has agreed to a merger worth $8 billion with a… Simon Rowe Jun 4, 2024 David Ellison's Skydance is awaiting final approval for the takeover of TV & film studio The US-owned…
Airline Heathrow is’seriously lagged’ behind other airports, says Emirates… Simon Rowe Jun 4, 2024 Heathrow desperately needs investment and "has a serious lag" behind other airports, according to the president of…
Business Oil prices fall by 4pc despite Opec cutbacks Simon Rowe Jun 4, 2024 Saudi Arabia is struggling to keep up with the cap on future oil supply, and this has led to a drop of nearly 4pc…
Energy Energy bills to remain high until 2030 because of old power plants Simon Rowe Jun 4, 2024 Energy analysts warn that Britain's aged fleet of nuclear and gas power plants will continue to drive up prices…
Business GameStop’s shares rise after ‘Roaring Cat’ posts $116m wager in… Simon Rowe Jun 4, 2024 GameStop shares soared on Monday, after "Roaring Kitty", Keith Gill, who was at the center of the 2021 Stock Market…
Media UK broadcasters exchange ad time for advertising shares Simon Rowe Jun 4, 2024 Kubos is a semiconductor company that recently raised 2m (£1.6m), to accelerate its MicroLED development. The…
Retail Shein gains Labour support for its £50bn London listing Simon Rowe Jun 4, 2024 The Labour Party has expressed its support for Shein, the Chinese online fashion firm that is preparing to launch…
Drug research Doctors are excited by the melanoma vaccine trial results. Simon Rowe Jun 4, 2024 According to doctors, the world's first personalised cancer vaccine for melanoma reduces the risk that patients…
Oil and Gas Russia-China gas pipeline deal stalls over Beijing’s price demands Simon Rowe Jun 3, 2024 Three people with knowledge of the situation say that Russia's efforts to reach a deal on a major pipeline with…