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      Labour MPs: Britain must help establish a World Bank for defence

      UK defence strategy meeting, officials discussing military advancements and security measures in a conference room setting

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North America

  • North Sea windfall tax causing ‘irreversible damage’ says oil giant

    Energy

    The boss of Enquest has slammed the windfall tax on oil and gas firms as doing “irreversible damage” to the industry and “driving job losses across the sector”. Amjad Bseisu, Enquest’s chief executive, called for the North Sea tax to be scrapped in an operations update on Tuesday after claiming it makes the UK a [...]

    Top bosses have called on Rachel Reeves to remove windfall taxes on energy giants before the 2030 deadline.
  • London insurance sector braces for Atlantic hurricane season

    insurance

    As the Atlantic hurricane season reaches its peak, the London insurance market is preparing for the fallout.

    As the Atlantic hurricane season reaches its peak, the London insurance market is preparing for the fallout.
  • Experian: Strong consumer sales helps firm maintain expectations

    Retail

    Strong growth in North America helped consumer and data analytics firm Experian to maintain its guidance in a quarterly update which saw the firm's total revenue increase substantially.

    Card providers are set to be given the powers to abolish limits on contactless payments.

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  • Global Counsel to be placed into administration

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