Start-ups pension plan ‘too complex’, says Aviva boss
Aviva's chief executive has attacked plans to force UK pension funds into investing their member's pots in British…
Fitch downgrades US credit rating due to debt ceiling impasse
Leading credit agencies have warned they may downgrade America’s ratings due to the political impasse surrounding…
UK crypto fraud losses rise 40%
According to Britain's Fraud Reporting Agency, UK losses due to crypto fraud have increased by more than 40% over…
Lufthansa will pay €325mn for a 41% stake in Italy’s flag carrier
Lufthansa will take a 41% stake in ITA Airways (formerly Alitalia), the successor to the country's flag carrier,…
Nvidia races to $1tn club, as AI frenzy drives stock prices higher
Nvidia’s soaring sales forecast is putting the Silicon Valley firm on track to become the world’s first chipmaker…
UK retail investors are accumulating gilts, according to AJ Bell
Fixed-income products are becoming more popular, according to a companyUK retail investors have been piling into…
Three of Europe’s largest insurers have quit the industry net zero initiative
As US political pressure grows and legal concerns increase, three of Europe's largest insurers have left the…
Ministers examine reshaping the pensions lifeboat funds to boost business
Ministers are looking at a radical reform of the fund protecting savers from company pension plans. This could…
Aviva’s sales of private health insurance jump by 25% as NHS backlog is a…
The UK insurer Aviva announced a record jump in its sales of private medical insurance on Wednesday. New data…
Microsoft warns that a Chinese group has compromised critical US infrastructure
Microsoft warns that a Chinese state-sponsored hacking group has compromised the "critical" infrastructure of the…
Sunak to meet Tata boss for expected talks to secure UK Battery Plant for JLR
Next week, the chair of Tata Group will meet with Prime Minister Rishi Sunderak for discussions that should lead to…
After inflation disappointment, Gilt yields have soared to mini-Budget levels
After the UK reported much higher inflation than Bank of England hoped, gilt yields reached levels not seen since…
Drax takes advantage of the green tax breaks in America
Drax plans to invest four billion dollars in two new BECCS (bioenergy with carbon storage) plants in America as it…
Elon Musk suggests new Tesla gigafactory to be built in England
Elon Musk pledged that he would seriously consider England as a location for a Tesla megafactory. This comes at a…
M&S celebrates turnaround strategy with sales increase
Marks & Spencer smashed its annual profit expectations and announced that it would reinstate a modest dividend…
SSE announces investment plans of £40bn as profits soar
SSE reported a near double of its annual profit as its gas-fired plants and gas storage facilities cashed in during…
Markets are frightened by fears of future rate increases
London's stock exchange fell sharply in the morning after inflation figures renewed concerns that Bank of England…
UK inflation drops to 8.7% but food prices continue to rise
In April, consumer prices rose at the slowest pace in an entire year. However, key price measures continued to…