Bussiness

UK has moved out of recession, official figures show

Posted by May 10, 2024

The UK is officially out of recession after figures showed the economy grew by 0.6% in the first three months of the year.The Office for National Statistics sai

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UK no longer in recession, official figures show

Posted by May 10, 2024

The UK economy is no longer in recession, according to official figures.Gross domestic product (GDP) grew by a better-than-expected 0.6% between J

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Post Office scandal: New redress body rejected by government

Posted by May 9, 2024

A recommendation that a new body be appointed to handle financial claims by victims of the Post Office scandal, has been rejected by the governmen

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Money latest: Mortgage rates could go lower than expected, BoE…

Posted by May 9, 2024

You may remember our coverage here a few weeks back on the proliferation of scams targeting Taylor Swift fans hoping to buy

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Former IPO candidate Fruugo hires bankers to explore sale

Posted by May 9, 2024

An online marketplace which had been considered a prime candidate to float on the London stock market has hired bankers to pursue a sale.Sky News

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BAE Systems eyes ‘positive momentum’ from UK defence spending commitment

Posted by May 9, 2024

It came as the boss of the London-listed arms firm said it has seen a “strong” operational performance and is on track to meet its targets for the year.BAE,

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NMU becomes Munich Re Specialty

Posted by May 9, 2024

NMU becomes Munich Re Specialty | Insurance Business UK

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Tax rises will follow UK election unless fiscal rules are…

Posted by May 9, 2024

The next government will be forced to hit voters with post-election tax rises and delay net zero investment unless it is prepared to rip up Treasury rules for m

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Only two UK interest rate cuts forecast in 2024 as…

Posted by May 8, 2024

A leading British think tank on Thursday said it does not expect the Bank of England to lower interest rates until August, despite the “continued anaemic grow

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Used car dealer Cazoo poised to enter administration

Posted by May 8, 2024

However, without a deal Cazoo warned its operating businesses would “need to file for administration or liquidation” and po

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Virgin Media O2 Partners with Accenture to Enhance Private 5G…

Posted by May 8, 2024

Virgin Media O2’s 5G private network capabilities for UK businesses will be augmented by Accenture’s expertise in helping enterprises realise the p

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