Calls are growing for governments across Britain and the European Union to reduce reliance on American technology companies. Political leaders are increasingly addressing the need for technological sovereignty, considering reliance
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British Petroleum’s new CEO is preparing for significant challenges as the company navigates the complex landscape of energy transition and investor expectations. The ongoing pressure to focus on sustainability and
The recent increase in stamp duty on second home purchases, announced in the latest Budget, has drawn significant criticism and concerns from various sectors. The move is perceived as a
James Wise, chairman of the UK’s forthcoming £500 million Sovereign AI fund, has cautioned against an insular approach to artificial intelligence. He asserts that shutting out US technology firms in
Bill Ackman, the renowned hedge fund manager, has taken an unexpected turn in his career by entering the music industry. His latest investment in Universal Music has raised eyebrows among
Richard Caring has successfully sold a majority stake in his illustrious restaurant and private members’ club empire, which includes the Ivy, Annabel’s, and Scott’s, to an Abu Dhabi luxury investor.
Britain’s largest student landlord, Unite Group, is under pressure as it navigates a cooling rental market. Analysts have expressed concerns over the company meeting its reduced expectations for the upcoming
The White House has issued a warning to its staff against the utilisation of insider information for trading in stocks or wagering on prediction markets. This cautionary memo was prompted
Impax Asset Management has reported a significant £2 billion withdrawal from its environmentally focused funds in the first quarter of the year. This mass exit has led to a sharp
The UK government is set to drive the future of zero-emission vehicle manufacturing with a significant £700 million investment. This includes £380 million allocated specifically for Jaguar Land Rover’s new
A prominent green investment vehicle, the SDCL Efficiency Income Trust, has announced a significant shift in strategy as it prepares to wind down operations. The company, which has raised over
The ongoing investigation into the collapse of Market Financial Solutions has revealed that the amount of money missing may significantly exceed earlier estimates of £1.3 billion. Administrators from Alix Partners
A British space entrepreneur’s start-up has successfully secured $170 million, approximately £128 million, to establish itself as a formidable competitor in the market for orbital data centres. This significant investment
The recent escalation in the Iran conflict has triggered significant turbulence in the oil market, capturing the attention of retail investors eager for profit opportunities. The oil price, typically characterised
The chief executive of one of Britain’s fastest-growing airports has issued a stark warning regarding the Labour Party’s proposed increase in business rates. Nick Jones, head of Newcastle International Airport,
SpaceX, the space exploration company founded by Elon Musk, is preparing to file a prospectus for an initial public offering with regulators, marking the beginning of what could be one
