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The front page of the business paper The Financial Times reports on Sir Keir Starmer’s U-turn on green pledges. The Labour leader has confirmed that if his party is elected to power at the next general election (expected later this year) they will slash the green spending plan due to ‘frail finances’ after 13 years of Conservative power.
In a transaction valued at £700 million, Barclays is buying Tesco’s retail banking operations, marking a significant deal for the supermarket giant.
The Financial Times reports on a £2.5bn deal by Barratt to purchase Redrow – a deal the paper says cements the company’s place as the UK’s largest house-building firm.
BP’s boss has said the oil supermajor will focus on extracting maximum cash from its investments going forward as the company resets its long-term goals.
Federal judges in the US have ruled that Donald Trump cannot use presidential immunity in his election interference case.
BP profits plunge as oil prices ease BP, the energy giant, has disclosed a significant decline in profits following a downturn in oil prices last…
Investments into sustainable funds are reducing due to an increase in greenwashing and scepticism towards environment, social and governance focused investing, a new study has found.
The paper also leads with a picture of the King as it reports on the announcement of his cancer diagnosis.
McDonald’s, alongside other Western corporations such as Starbucks and Coca-Cola, has faced boycotts and demonstrations from anti-Israeli activists.
UK crown courts heard 226 fraud cases last year compared with 221 in 2022, according to new figures from KPMG’s Fraud Barometer, which tracks cases worth £100,000 and above.
Iranian petrochemical firms secretly used British front companies to obtain bank accounts with Lloyds and Santander in order to evade US sanctions.
IMF: Germany to be weakest major economy in 2024 while UK downgraded again The International Monetary Fund (IMF) now predicts that Germany, not the UK,…
Nearly two-third of first time buyers are entering the property market with someone else, a new report by Halifax has found.
Mounting losses from banks in the US, Asia and Europe have rekindled concerns about weakness in the US commercial property market.
Water bills to rise above inflation in April Water companies anticipate an above-inflation increase in average household bills in April, leading to criticism from campaigners.…
Bao Fan, the Chinese billionaire banker who has been missing for nearly a year, has officially resigned from his position at a financial firm.
Judge blocks Elon Musk’s $56bn Tesla pay deal A judge in the US state of Delaware has annulled a $55.8bn (£44bn) pay deal awarded to…
CITY AM – Market Got No Chill: Disposable vapes to be banned as government cracks down on e-cigarettes CITY AM SAYS Disposable vapes are set…
FT – Washington not looking for war with Iran after deadly assault on US troops THE FINANCIAL TIMES SAYS Washington said it was “not looking…
Lower cost of tea eases January price rises The latest report from the British Retail Consortium (BRC) reveals that shop prices increased at the slowest…
Elon Musk announces first Neuralink wireless brain chip implant Elon Musk, the tech billionaire, has announced that his company Neuralink has achieved the successful implantation…
Bank of England to leave interest rates on hold as UK economy on brink of recession Economists anticipate that the Bank of England will keep…
THE FT focuses on three US troops killed in a drone attack on a military base near the Syrian border. The deadly strike was carried out by “radical Iran-backed militant group” according to the White House.
CITY AM SAYS The Bank of England will likely leave interest rates on hold for the fourth time in a row when it meets on Thursday this week, economists have said, as the UK economy teeters on the brink of recession.
China tightens stock market rules after sell-off To stem a persistent downturn in the world’s second-largest economy, China has implemented more stringent rules within its…
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