Banking Saga’s insurance arm is lagging behind in terms of demand for cruises, but… Simon Rowe Jun 21, 2023 Robust demand for cruises at Saga have helped the group focused on the over-50s to offset tougher conditions at its…
Technology Rolls-Royce boss hails recovery in long-haul jet demand Simon Rowe Jun 21, 2023 Rolls-Royce is optimistic that demand for large, long-haul planes, which are its main market, will "come back…
Tech Silicon Valley VCs rush into defence technology start-ups Simon Rowe Jun 21, 2023 The investment in start-ups in the military technology sector is growing as the US government becomes more…
Economy Jeremy Hunt meets with banks to discuss spiraling UK mortgage costs Simon Rowe Jun 21, 2023 Jeremy Hunt will call on banks to deal with what one Tory Mp called a "mortgage-bomb that is about go off", yet he…
Economy The bond market drives up UK mortgage rates Simon Rowe Jun 21, 2023 The Bank of England has raised borrowing costs in the last 18 months, which have led to a rise in UK mortgage…
Banking US corporate borrowing plans hit by slowdown in the junk-rated loan markets Simon Rowe Jun 21, 2023 The slowdown on Wall Street's $1.4tn junk-rated loan market is affecting corporate America, forcing a growing…
Tech EU probe threatens Adobe’s 20bn acquisition of Figma Simon Rowe Jun 20, 2023 As global watchdogs express concern about market consolidation, a lengthy antitrust investigation in Brussels is…
Oil and Gas Qatar to sign second LNG deal with China Simon Rowe Jun 20, 2023 Gulf state's energy minister expects 'several' European countries to sign long-term agreements this year .Qatar is…
Artificial intelligence Asset managers press tech companies to stop possible AI misuse Simon Rowe Jun 20, 2023 As they grow concerned with the human rights implications of software, large institutional investors put pressure…
Banking Will a Bank of England interest rate increase be enough to calm UK market? Simon Rowe Jun 20, 2023 The Bank of England will raise its benchmark rate to 4.75 percent on Thursday to combat an inflation issue that has…
Property Mortgage products reduced by 40% for first-time buyers Simon Rowe Jun 20, 2023 Rising interest rates prompt lenders to clamp down on borrowers with small deposits First-time buyers are…
Banking Bank of England Governor Bailey faces pressure to announce yet another rate hike Simon Rowe Jun 19, 2023 Threadneedle street's calls for drastic measures risk over-tightening an already fragile economy…
Financial Buy-to-let landlords are pushed out of the rental market by city investors. Simon Rowe Jun 19, 2023 Experts have predicted that a "rising tide of City investors" will replace small-time landlords of buy-to-let…
Economy BT’s £39bn Pension Fund Cuts UK Investments in a Blow to Hunt’s Big… Simon Rowe Jun 19, 2023 One of Britain's biggest pension schemes has slashed the amount of UK shares it holds, a blow for Jeremy Hunt…
Oil and Gas The ‘Gatwick Gusher Oil Well’ faces its day of reckoning Simon Rowe Jun 19, 2023 It is not uncommon for pinstriped businessmen from Surrey to be involved in oil prospecting. One firm, however,…
Energy Experts warn that the UK’s clean energy targets are not realistic. Simon Rowe Jun 19, 2023 Industry figures question ambitious plans by Labour and Conservatives to decarbonise grid .Energy experts have…
Financial SVB Financial sells investment banking unit to Management Team Simon Rowe Jun 19, 2023 The SVB Financial Group and the Baupost Group announced on Sunday that they had reached an agreement to sell their…
Artificial intelligence OpenAI’s Mira Murati is the woman charged with bringing generative AI to the… Simon Rowe Jun 19, 2023 Mira Murati was OpenAI's Chief Technology Officer on the evening of 29 November. It was just like any other night. …