UK economy: Compulsory liquidations hit 10-year high January 21, 2025 Figures released from the Insolvency Service showed that there were 3,320 compulsory liquidations in 2024, the highest number for 10 years.
14 best women’s accessories to elevate your style game in 2025 January 21, 2025 The trend for women’s accessories in 2025 are a blend of contemporary elegance and practical design, with sustainability taking centre stage. From reversible belts to versatile bags and cosy scarves, these pieces demonstrate that thoughtful craftsmanship can elevate your personal style. These carefully curated accessories promise to add charm, sophistication, and individuality to any outfit. [...]
Paris 2024 Olympic medals to be replaced after they flake and rust January 21, 2025 Red-faced Olympics chiefs have pledged to replace defective medals from the Paris 2024 Games after more than 100 athletes complained that they have begun to flake and rust. Just days after the closing ceremony, disgruntled athletes began sharing pictures of their damaged medals on social media and demanding they be replaced. American skateboarder Nyjah Huston [...]
Marshalls: Recovery in construction to ‘build throughout the year’ January 21, 2025 Housing industry supplier Marshalls has said it expects the construction industry to recover in 2025 after struggling over the past few years. But the firm still said its outlook remained “cautious” due to “continued market uncertainty” as well as the impact of an increase in costs from higher National Insurance contributions. Marshalls faces a £3m increase [...]
Mr Kipling mince pies deliver biggest-ever quarter for Premier Foods January 21, 2025 Mr Kipling remains the star seller for owner Premier Foods in both the UK and Australia, with mince pies and Brownie Bites more than doubling sales over Christmas. Premier Foods subsequently said it expected profit to be at the upper end of expectations – £180.1m to £186.4m – this year. Its share price rose by [...]
UK economy: Headache for Bank of England as wage growth accelerates January 21, 2025 Wage growth picked up towards the end of last year, new figures show, revealing the continued persistence of price pressures in the UK economy. According to figures released by the Office for National Statistics (ONS), annual regular pay growth averaged 5.6 per cent in the three months to November, up from 5.2 per cent previously. [...]
Aon: Pioneering Risk Analytics in a World of Shifting Sands January 21, 2025 The global insurance market is a complex and dynamic landscape, constantly reshaped by emerging risks, technological advancements, and shifting economic tides. To navigate this evolving terrain, businesses need a partner that can provide clarity, foresight, and innovative solutions. Aon, a leading global professional services firm, is rising to this challenge with its cutting-edge analytics capabilities, driven by [...]
Saba Capital: Does the US hedge fund have a point on UK investment trusts? January 21, 2025 US hedge fund Saba Capital triggered fury and an industry-wide defensive effort when it launched an activist campaign against seven UK investment trusts last month. The Manhattan-based hedge fund, led by Boaz Weinstein, has laid siege to the trusts, accused them of failing to perform, and pushed for shareholder votes to “elect new directors with [...]
UK ranked second-best investment target by global CEOs January 20, 2025 The UK has been ranked as the second most attractive country to invest in by global CEOs, behind only the US, as British CEOs feel confident about growth in the country’s economy. This is the first time that the UK has been ranked second in the 28-year history of PwC’s CEO Survey. “Our CEO survey [...]
Firstgroup and Virgin push back against state clampdown on open-access rail firms January 20, 2025 Firstgroup and Virgin are combining to push back against a government clampdown on some of the last private train firms operating the UK’s railway tracks. So-called open access is a lesser-used model in which firms shoulder commercial risk but take the entire share of any profit. It is viewed as a success story by many [...]