Bussiness

Rolls-Royce to give its 42,000 employees £700 of shares.

Posted by August 2, 2024

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

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Pensions are not just a plaything for politicians, Rachel Reeves…

Posted by August 2, 2024

The Chancellor, a former shadow pensions minister, has labelled her proposals to shake-up the pensions industry a “big bang o

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Insurance boss issues warning over using pensions to drive UK…

Posted by August 2, 2024

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

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Allied Irish Banks: AIB increases pre-tax profit to almost €1.3bn

Posted by August 2, 2024

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

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UK shelves £1.3bn of funding for technology and AI projects

Posted by August 2, 2024

The new Labour government has shelved £1.3bn of funding pledged by the Conservatives for technology and artificial intelligence projects, putting the future of

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Carbon capture could yet be the unsung hero of a…

Posted by August 2, 2024

German cement, fertiliser, and steel companies are already in talks to ship CO2 to Norway for storage in the Northern Lights pr

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Real Living Wage: Northern Ireland lagging behind rest of UK

Posted by August 2, 2024

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

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‘Interest rate cut might help me move out from my…

Posted by August 1, 2024

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

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Live: Bank of England cuts rates for first time in…

Posted by August 1, 2024

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

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Royal Mail takeover faces national security investigation

Posted by August 1, 2024

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

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Ryanair rival to scale back UK ambitions as shares plunge

Posted by August 1, 2024

Mr Váradi said: “Clearly from an overall market perspective, demand is suffering. All our competitors are struggling, as weâ

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UK calls in Czech billionaire’s Royal Mail bid for national…

Posted by August 1, 2024

The Czech billionaire Daniel Křetínský’s takeover bid for Royal Mail has been called in by the UK government for closer scrutiny of any national security r

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