John Healey has been urged to address the rising costs facing businesses as consumer confidence deteriorated ahead of the upcoming Budget. The British Retail Consortium reported that confidence in the
Financial
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Hudbay Minerals and Mitsubishi have sanctioned the construction of the Copper World project in southern Arizona, a development that marks one of the largest new copper mining initiatives in the
Major UK lenders are preparing for a potential increase in unpaid debts as household cash reserves fall to their lowest level in three years. Analysts anticipate that the country’s top
Barclays is poised to report a significant increase in pre-tax profit for the third quarter, with analysts forecasting a rise to £2.4bn from £2bn in the same period last year.
Natwest is facing strong opposition from the trade union Unite over a new policy requiring all employees to attend the office for two days a week. The bank announced that
The European Union has reaffirmed its opposition to new Arctic oil and gas development, a stance maintained even as the bloc prepares for a costly winter season. This decision comes
Nscale is reportedly in advanced negotiations to secure a second major computing contract with Anthropic, a move that would significantly expand the British firm’s infrastructure commitments. The potential agreement, valued
America’s Car-Mart, a used car dealer and subprime lender, is in discussions with its lenders regarding a potential sale that would enable the company to continue operations. According to a
Tim Spence, chief executive of Fifth Third, has downplayed the potential risk that artificial intelligence agents pose to the bank’s deposit base, asserting that established financial institutions retain significant leverage
Prime Minister Andy Burnham has instructed government officials to discard existing strategies for addressing the financial crisis at Thames Water and instead develop more radical policy options. This directive represents
Kemi Badenoch is set to intensify her engagement with the financial sector following the upcoming Autumn Budget, with a private roundtable hosted by Goldman Sachs. The Conservative leader will co-host
More than 160 offshore rig workers are set to commence a 24-hour walkout on Wednesday, a move that the Unite union warns could severely disrupt fuel supplies across the United
Financial institutions are increasingly investing in cybersecurity visibility, yet a significant operational gap remains in tracing specific exposures to individuals empowered to address them. As banks expand their digital infrastructure
Escalating shipping costs are compelling crude oil producers to reduce prices in order to secure buyers, as delivered costs exceed the thresholds acceptable to Asian refiners. The surge in freight
Households in the South West of England are reporting significant difficulties in heating their properties as the cost of heating oil rises sharply. The price increases are attributed to the
European consumers are set to face a difficult winter as energy prices continue to climb, with gas reserves falling to their lowest levels since 2022. The European Union has already