UK insolvencies skyrocket to 30-year high in ‘striking’ reminder of ‘onerous’ environment January 30, 2024 The number of company insolvencies has soared to its highest level since 1993, as voluntary liquidations reached the most since records began in 1960. The Office for National Statistics revealed today that throughout 2023, there were over 25,000 company insolvencies, with every category of insolvency rising compared to the year before. Mark Ford, partner in [...]
Eurozone avoids a recession – but the full impact of rate hikes is yet to be felt January 30, 2024 The eurozone avoided a recession at the end of last year, but sluggish performances from the bloc's largest economies ensured that growth remained elusive.
Man ‘armed with crossbow’ dies in south London after being shot by Met Police January 30, 2024 A man armed with a crossbow was shot and killed by police in south London this morning, the Metropolitan Police force has said.
Fresh London Overground strikes to pile on more misery for commuters January 30, 2024 London Overground workers have announced new strike action in the ongoing dispute over pay, piling yet more misery on commuters.
Mortgage approvals hit six month high in fresh boost for house buyers January 30, 2024 Mortgage approvals rose again last month and climbed to the highest level in six months, in the latest signal that lower borrowing costs are helping aid recovery in the property market. New figures from the Bank of England show the number of buyers receiving a green light grew from 49,300 in November to 50,500 in [...]
Musk says Neuralink brain chip results are ‘promising’ January 30, 2024 Elon Musk has said his wireless brain chip has successfully been implanted in a human for the first time with "promising" results.
UK economy: Consumer borrowing dropped last month in latest recession warning January 30, 2024 Consumer borrowing dropped sharply in December in the latest sign that the UK economy probably slipped into recession at the end of last year.
Saga surges towards profit in ‘stronger than expected’ six months January 30, 2024 Over 50s specialist Saga reported a “stronger than expected” six months this morning after announcing last week that it was looking to sell a stake in its cruise business to cover its debts. In a trading update, Saga revealed that over the last six months, revenues increased by between 10 to 15 per cent, while [...]
Mark Carney backed climate tech company raises £11m in series A January 30, 2024 Climate tech company Cultivo has raised $14m (£11m) in a series A funding round co-led by Massmutual Ventures and Octopus Energy Generation.
Life sciences firm hVIVO has record year as Canary Wharf site set for completion January 30, 2024 A leading firm testing infectious diseases, hVIVO, has reported a record year as it looks to start work on an £80m orderbook in 2024.
