Sunak insists UK is not a ‘laughing stock’ as he fails to rule on HS2’s future October 1, 2023 Rishi Sunak has insisted the UK is not a “laughing stock” as he failed to announce a decision on whether HS2 will ever reach Manchester.
Oil markets confirm massive quarterly gains as OPEC+ sustain hefty supply cuts October 1, 2023 Oil markets have consolidated massive rallies over the third quarter of this year, powered by hefty output cuts from OPEC and its allies.
Will thousands of price cuts be enough to help Tesco win big amid cost of living crisis? October 1, 2023 Investors will turn their focus to ‘Big Four’ grocer Tesco’s half year results on Wednesday to see if the company’s consistent slew of price cuts has continued to help it win big with customers amid the cost of living crisis. The supermarket behemoth has weathered the economic storm well, with its market share ticking up [...]
Retailers demand urgent action from government as crime soars October 1, 2023 Dozens of UK retailers have written to Suella Braverman demanding urgent action over the soaring number of crimes made in stores. Some 86 retail leaders, including the bosses of Marks & Spencer and Sainsbury’s, have signed a letter to the home secretary demanding the government clamp down on rising levels of theft and abuse towards [...]
Fintechs back digital pound arguing it will boost innovation and competition October 1, 2023 Fintechs are excited by the potential of a so-called digital pound arguing it will help spur innovation in the UK and create a more competitive payments environment.
Revolut in talks with FCA over suspected red-flag accounts October 1, 2023 Revolut is reportedly in discussions with the Financial Conduct Authority (FCA) over claims it allegedly allowed money to leave accounts flagged by the National Crime Agency as suspicious.
Axel Springer hasn’t formally started bid for UK’s Telegraph, sources say October 1, 2023 Axel Springer has not formally bidded for the Telegraph, sources told Reuters, after a media report said it was interested in the title.
US Congress averts government shutdown, passing stopgap bill October 1, 2023 The US Congress has managed to avert a government shutdown after it passed a stopgap funding bill late on Saturday, which received overwhelming Democratic support.
Rising interest rates weigh on business confidence but glimmers of hope remain October 1, 2023 Business confidence remained subdued in September as the impact of rising interest rates weighed heavily on economic activity.
UBS says not aware of Department of Justice probe into sanctions-related compliance failures September 30, 2023 UBS said on Saturday it was not aware of a probe by the U.S. Department of Justice into alleged sanctions-related compliance failures, after a media report earlier this week.
