FCA spends more than £250,000 on ‘debanking’ inquiry amid Natwest scandal November 2, 2023 The FCA has spent £250,000 on its “debanking” inquiry, as Natwest faces criticism over the closure of Nigel Farage’s Coutts account.
No more marking own homework on AI says Sunak November 2, 2023 Prime Minister Rishi Sunak has announced a "landmark agreement" which will see the UK government test the safety of new AI models before they are released.
Why did the Bank of England opt for a ‘hawkish’ hold despite bleak growth outlook? November 2, 2023 Although markets were certain that the rate would be held at 5.25 per cent, the Bank's hawkish tone caught them by surprise.
Brookfield to push ahead with $10.6bn bid for Octopus Energy shareholder November 2, 2023 A Brookfield-led consortium has accused Origin Energy's largest shareholder, Australiansuper, of "holding the company hostage."
Thames Water: 140 staff to be sacked as it ‘danced with the devil’ on £14bn debt pile November 2, 2023 GMB has pledged to contest job cuts from Thames Water, it confirms preparations to slash as many as 300 jobs.
Ladbrokes-owner Entain shares take hit after £45m loss November 2, 2023 Entain shares fell as much as five per cent on Thursday after the Ladbrokes owner suffered from weak sport revenues.
Jaguar Land Rover nets record £13.8bn revenue as marque swings to profit November 2, 2023 Jaguar Land Rover swung to profit on Thursday as a record £13.8bn revenue drove the marque well into the black.
Oil mega deals lift October M&A activity despite year-to-date declines November 2, 2023 Mega deals in the oil industry hiked October merger and acquisition activity to its highest level in 17 months.
Meta set for legal battle with UK firm of 10 people November 2, 2023 Facebook owner Meta is facing a legal challenge from a British software company called Threads, which employs just 10 people and says the tech giant has stolen their name.
Badenoch: Too many British firms put virtue signalling over profit November 2, 2023 A row has broken out after Labour criticised Kemi Badenoch’s claim that businesses “fear the entrepreneurial” and focus too much on 'virtue' rather than profit
