Bussiness

Revolut finally receives UK banking licence after three-year wait

Posted by July 25, 2024

Revolut has secured a UK banking licence – with “restrictions” – more than three years after Britain’s most valuable fintech firm lodged its applicati

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How Britain is shaking off the ‘moron premium’ to become…

Posted by July 25, 2024

If she can do more to convince markets her plans are sensible – particularly if they are accompanied by painful tax rises –

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No new 1p and 2p coins to be made this…

Posted by July 25, 2024

No new 1p and 2p coins are being ordered by the Treasury from The Royal Mint this year in a sign of the declining use of cash.Following a regular review, offici

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Soaring UK mortgage rates have pushed 320,000 adults into poverty,…

Posted by July 24, 2024

As many as 320,000 UK adults have been pushed into poverty by soaring mortgage costs after the sharpest increase in interest rates since the 1980s, a leading th

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UK business activity showed it’s making a comeback

Posted by July 24, 2024

What’s going on here?British business activity is starting to look downright sunny, with growing optimism about the country’s economic and political outlook

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Great British Energy to team up with Crown Estate to…

Posted by July 24, 2024

The government is teaming up with the Crown Estate to roll out new offshore wind farm developments as part of its Great British Energy plan.The pa

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Tell us: if you work in the UK holiday industry,…

Posted by July 24, 2024

We’re interested to hear from people working in the UK travel and leisure industry about what business has been like to date in 2024.If you work or own a busi

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UK business activity expands in ‘encouraging start to second half…

Posted by July 24, 2024

UK business activity expanded this month after a sharp rise in new sales to a 15-month high, giving a lift to the new government as it prepares to outline the s

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Thames Water debt downgraded to junk status by Moody’s credit…

Posted by July 24, 2024

It is now even harder and more expensive for the UK's biggest water provider to borrow money as leading credit ratings agency Moody's has downgrad

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CrowdStrike pledges to improve testing after IT outage

Posted by July 24, 2024

Getty ImagesAirline passengers around the world were caught up in Friday's mass IT outage.CrowdStrike has promised to improve its software tests after a faulty

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Chancellor Rachel Reeves to woo Canadian pension funds amid ‘Big…

Posted by July 24, 2024

Rachel Reeves is to hold talks with a group of Canadian retirement funds which have invested tens of billions of pounds into the British economy i

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‘Surge in demand’ from UK industry after election result, survey…

Posted by July 24, 2024

UK election triggers 'surge in demand' says PMI surveyThe new UK government has been greeted by a “surge in demand” from British businesses, according to th

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