Once regarded as anchors of financial stability within the eurozone, Germany and France are now contending with turbulence that has upended old perceptions. These two former bastions, once considered the
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The United Kingdom’s national debt is swelling at a rate unmatched by any other advanced economy, according to new analysis by Oxford Economics. Over the last two decades, successive governments
A London listed oil explorer once heralded for its global ambitions faces the threat of default after years of mounting debt. Tullow Oil, once a stalwart of the FTSE 100
The Prax Lindsey oil refinery in Lincolnshire, once responsible for producing around 10 per cent of the United Kingdom’s petrochemicals, collapsed at the end of June with only £203 left
France stands on the precipice of a potential financial intervention by the International Monetary Fund as its government teeters dangerously close to collapse. Warnings from the finance minister, Eric Lombard,
TalkTalk has reported staggering pre-tax losses nearing £500 million as the embattled broadband provider faces its second bailout in less than a year. Sir Charles Dunstone, the company’s founder, was
Thames Water, the UK’s largest water utility company, faces increased uncertainty following the collapse of a £4 billion takeover bid by American private equity firm KKR. The withdrawal raises the
A contentious £3 billion refinancing package for Thames Water has stirred significant debate as critics argue it could worsen the company’s financial troubles. The plan, approved by the High Court
A planned £3 billion emergency loan for Thames Water could incur more than £800 million in interest and additional costs, raising serious concerns about the impact on customers and infrastructure
