The British government is exploring a novel approach to stimulate electric vehicle (EV) sales through subsidised consumer loans. Ministers have initiated discussions with automotive finance providers to expand access to
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A significant surge in gold movements to the United States has triggered a severe shortage of bullion in London, as traders build an enormous $82bn stockpile in New York amid
British businesses are preparing for a substantial decline in trading activities over the coming months, with potentially severe implications for employment and the government’s economic growth ambitions. The Confederation of
Danish pharmaceutical giant Novo Nordisk, Europe’s most valuable listed company, has received a stern reprimand from the Prescription Medicines Code of Practice Authority (PMCPA) for systematically failing to disclose healthcare
Japanese investors have embarked on a significant selloff of Eurozone government debt, reaching the most aggressive pace in over a decade. The net sales surged to €41bn in the six
The long-running legal dispute between Mastercard and former financial ombudsman Walter Merricks has reached a settlement, with the credit card giant agreeing to pay £200 million to resolve claims over
The Labour government has announced plans to modify controversial tax changes for non-domiciled residents following an unprecedented departure of wealthy individuals from British shores. Chancellor Rachel Reeves revealed the forthcoming
The global offshore wind sector faced a significant setback as Danish energy giant Orsted witnessed a sharp decline in its share value following President Trump’s executive order to halt new
Netflix has delivered exceptional fourth-quarter results, adding an unprecedented 18.9 million subscribers during the festive period. The streaming giant’s remarkable performance was driven by its successful venture into live sporting
The UK government’s Treasury department has made an unprecedented move to intervene in a Supreme Court case concerning car finance misselling, sparking optimism that the industry might avoid paying out
Financial advisers and wealth management leaders have called upon the Treasury to reconsider its approach to applying inheritance tax (IHT) to pension funds, citing significant concerns over potential delays and
Recent data reveals that controversial 20mph speed limits are contributing to a significant reduction in car insurance premiums across the UK. Leading price comparison website Confused.com reports the most substantial
The Dutch postal service company PostNL, backed by Czech billionaire Daniel Kretinsky who is currently acquiring Royal Mail, has issued a stark warning about its profitability and called for urgent
The Financial Reporting Council (FRC) has launched an investigation into KPMG’s audit of betting giant Entain, adding fresh scrutiny to the Big Four accountancy firm’s practices. The probe, initiated in
In a significant move towards enhancing Britain’s financial services sector, the Bank of England is contemplating the establishment of a ‘concierge service’ for international financial firms seeking to enter the
Rachel Reeves, the UK’s Chancellor of the Exchequer, has endorsed proposals from the Financial Conduct Authority (FCA) to examine ways of permitting banks to take greater risks in mortgage lending,