Bussiness
Don’t be fooled by the interest rate cut – higher…
Mortgage payers and business owners will be hopeful that a cut in interest rates to 5% by the Bank of England this week signals a return to the pre-pandemic era
Rolls-Royce to give its 42,000 employees £700 of shares.
The move is expected to cost the company about £30m. UK workers will not be able to sell the shares for three years, after which they will be taxable, unless t
Pensions are not just a plaything for politicians, Rachel Reeves…
The Chancellor, a former shadow pensions minister, has labelled her proposals to shake-up the pensions industry a “big bang o
Insurance boss issues warning over using pensions to drive UK…
The boss of Royal London, the UK’s biggest insurance group owned by its members, has expressed caution about Labour’s ambition to use pensions to drive econ
Allied Irish Banks: AIB increases pre-tax profit to almost €1.3bn
Allied Irish Banks (AIB), the Dublin-based bank, increased its pre-tax profit by 31% to almost €1.3bn (£1.1bn) in the first six months of 2024.However, profi
UK shelves £1.3bn of funding for technology and AI projects
The new Labour government has shelved £1.3bn of funding pledged by the Conservatives for technology and artificial intelligence projects, putting the future of
Carbon capture could yet be the unsung hero of a…
German cement, fertiliser, and steel companies are already in talks to ship CO2 to Norway for storage in the Northern Lights pr
Real Living Wage: Northern Ireland lagging behind rest of UK
BBCMadison Kryt says getting a real living wage allows her more freedom in her personal lifeNorthern Ireland is lagging behind other parts of the UK when it com
‘Interest rate cut might help me move out from my…
Raphael Sheridan / BBCJames Willicombe says moving back in with his parents means he can save up to £1,000 a monthThe Bank of England has finally cut interest
Live: Bank of England cuts rates for first time in…
Good morning! It's Friday, August 2 and you're reading the ABC's markets blog — and I am thrilled to have your company.Let's kick things off with a quick look
Royal Mail takeover faces national security investigation
A Czech billionaire's planned £3.6bn takeover of Royal Mail's parent firm is to face scrutiny under government security rules, it has been report
Ryanair rival to scale back UK ambitions as shares plunge
Mr Váradi said: “Clearly from an overall market perspective, demand is suffering. All our competitors are struggling, as weâ
