UK gilts rise after BoE signals it is open to rate reductions in 2024
UK gilts rose sharply on Monday as traders took advantage of comments made by a senior Bank of England official who…
UK Signs £4bn Air Defence Deal with Poland
In the wake of Russia’s invasion of Ukraine, Britain and Poland have agreed to a £4bn (£3bn) air defence contract,…
UK food inflation could be gone by Easter according to the boss of a major…
According to the owner, food inflation could be gone by Easter if there are no more shocks to global system.…
Ryanair pays out on soaring flights
Ryanair's profits reached a record high in the spring and summer due to a combination of soaring fares, and…
UK companies admit to business with Russia despite sanctions
Since the Russian invasion of Ukraine in 2014, more than 100 UK companies admitted to violating sanctions against…
EasyJet hacking investigation dropped due to ‘limited resources
It has been reported that the Information Commissioner's Office has dropped its investigation into a Hack affecting…
Centrica supports plans for a 12-mile tidal wall across The Wash
British Gas's owner Centrica has backed plans to build a 12-mile barrier that will prevent tidal flooding in…
Aviva warned by Grant Shapps about ethical investment policies in defence
Grant Shapps warned Aviva to avoid any "immoral withdrawal" of support for defence companies after a letter…
After first profit for 4 years, Klarna is studying a ‘potential IPO’
Klarna has reported its first profit quarter in four years, as it prepares to list on the stock exchange.
The…
ECB warns that ‘friend-shoring’ will increase prices
According to a European Central Bank study, geopolitical tensions have prompted more multinational companies…
British Steel will close blast furnaces, putting 2,000 job at risk
British Steel plans to close two blast furnaces on its flagship site in Lincolnshire within the next three-years…
OpenAI to launch store after ChatGPT hits 100mn users
OpenAI has launched custom versions of ChatGPT, which can be tailored and adapted for specific applications. This…
Revolut talks about new Canary Wharf headquarters
Revolut has begun talks with Canary Wharf to relocate its headquarters. This would be a significant vote of…
Signa, the joint owner of Selfridges, is facing financial difficulties
A financial crisis that has engulfed Signa Group, Rene Benko's property empire in Austria, has cast doubt on the…
Japan’s scallops industry seeks refuge from China ban
Jumbo scallops are a favorite ingredient in classic sushi plates. They come from the northern Japanese town of…
Denmark says EU farmers should be responsible for carbon emissions.
The Danish climate minister said that EU farmers must pay for their greenhouse gases emissions. This comes as…
Cloud computing capacity a major focus for tech giants
Amazon, Microsoft, and Alphabet, the parent company of Google, are all expected to increase capital expenditure as…
Elon Musk releases a new AI chatbot called ‘Grok,’ to compete with…
Elon Musk’s artificial intelligence startup xAI released its first AI Model. The tech billionaire is looking to…