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Budget to boost lifetime allowance for pension savings In an effort to encourage people to continue working, Chancellor Jeremy Hunt plans to use his Budget…
UK job vacancies fall for eighth time in a row Companies in the UK blamed economic pressures for holding back on hiring new staff, as…
Global bank stocks slump after Silicon Valley Bank collapse, despite Biden reassurances Despite assurances from the US president that the financial system is safe, bank…
CITY AM – Silicon Valley Bank UK: What we know (and what we don’t) on Sunday evening The Bank of England is set to put…
Financial Times – Hunt races to gather cash lifeline for tech companies hit by SVB collapse Summary of the front page The Financial Times reports…
HSBC swoops in to rescue UK arm of Silicon Valley Bank HSBC has acquired the UK arm of Silicon Valley Bank (SVB) for just £1…
CITYAM – The German Job City AM says Hundreds of jobs could be created from a £500m investment in Oxford by BMW, as it looks…
Financial Times – Russian oligarchs Fridman and Aven to offload Alfa-Bank stake for $2.3bn Summary of the front page Two Russian billionaires are set to offload…
Premier League football helps UK economy rebound A return of Premier League football and more kids in their classrooms in January helped UK GDP bounce…
Financial stocks take a hit as Silicon Valley Bank shares plummet Shares in Silicon Valley Bank (SVB) dropped sharply on Thursday as investors moved to…
Adidas unsure what to do with €1.2bn Yeezy goods Adidas is currently weighing its options for the €1.2bn (£1bn) worth of shoes from Kanye West’s…
It’s currently uninhabitable.
Financial Times – Powell signals return of larger Fed rate rises amid battle to cool inflation Summary of the front page The head of the…
Heathrow told to cut passenger charges again The Civil Aviation Authority (CAA) has told Heathrow Airport to reduce its passenger charges for airlines in 2024,…
Elon Musk apologises to sacked Twitter employee after online spat Elon Musk has apologised to a Twitter employee he had an exchange with on the…
FT – Speaker McCarthy to meet Taiwan’s leader in US to avert Beijing backlash The Financial Times reports that the Speaker of the US House…
City AM – Tony Danker: CBI boss steps down amid sexual misconduct allegation City AM says The head of the Confederation of British Industry, Tony…
Pret A Manger gives staff third pay rise in a year Pret A Manger has announced its plans to give employees another pay rise -…
House prices see biggest annual fall in over 10 years UK house prices experienced a 1.1% decline in the year leading up to February due…
Financial Times – Northern Ireland trade deal eases post-Brexit tensions with Brussels Summary of the front page The Financial Times says the trade deal will…
Eggs and margarine drive food inflation to record 17.1% According to research by Kantar, prices for food and drink in shops have hit record highs…
City AM – London set to power recovery CITYAM says Last year was one of great change: a year of two monarchs, and three prime…
Financial Times – UK and EU set to seal Brexit deal on bitter Northern Ireland trade dispute Summary of the front page The Financial Times…
UK startup Britishvolt bought by Australian firm Recharge Industries, an Australian company, has acquired the bankrupt Britishvolt battery maker. Britishvolt had planned to construct a…
FT says the multinational tobacco company Philip Morris International says it would rather keep its business in Russia than sell it on stringent Kremlin terms.…
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