The UK’s leading accountancy firms have dramatically reduced their graduate intake and trimmed staff numbers beyond official redundancy programmes as they grapple with a sustained downturn in professional services demand.
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The Spanish banking powerhouse Santander’s chief executive Ana Botin has firmly rejected speculation about the potential sale of its UK operations, emphasising Britain’s position as a core market for the
Royal Mail is set to axe Saturday second-class letter deliveries and implement an alternate weekday service under proposals put forward by the postal regulator, Ofcom. The changes aim to make
Crackdown on Rogue University Providers in England Targets Student Loan Fraud and Teaching Standards
Ministers have unveiled sweeping reforms aimed at tightening controls on rogue university course operators in England who exploit the student loan system through poor-quality teaching and fraudulent practices. The Department
Gold prices reached an unprecedented high on Thursday, climbing to $2,798 per troy ounce as investors grow increasingly anxious about potential US tariffs and an unusual market dynamic between London
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
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