Bussiness

Thames Water warns its cash may run out as soon…

Posted by September 20, 2024

The UK’s biggest water supplier is scrambling to shore up its finances, admitting it faces a shortage of cash as soon as December.The warning from Thames Wate

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Whitehall on alert as construction group ISG heads for collapse

Posted by September 20, 2024

Thousands of construction industry jobs are at risk as ISG, a construction group that builds prisons and police stations, faces imminent collapse.

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UK consumer confidence falls sharply amid fears of ‘painful’ budget

Posted by September 20, 2024

Consumer confidence in the UK has fallen sharply amid growing concerns over government plans for a “painful” budget, risking a hit to the economic recovery

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National debt at 100% of GDP for first time since…

Posted by September 20, 2024

The UK's public sector debt has hit 100% of the value of the country's annual economic output for the first time since the 1960s, according to off

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STARK UK appoints de Silva as Business Development Director

Posted by September 20, 2024

STARK Building Materials UK Ltd is pleased to announce the appointment of Edwin de Silva as STARK UK Business Development Director, effective Monday 23 Sept

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ISG UK subsidiaries apply for administration | Construction News

Posted by September 19, 2024

Six UK subsidiaries of the country's sixth largest contractor ISG - including ISG Construction - have applied to enter administration.Following months of specul

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London-listed funds land £200m from Lynch-backed Featurespace

Posted by September 19, 2024

Two London-listed funds are in line for a cash windfall of more than £200m as the American payments giant Visa closes in on a takeover of a fraud

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Strong levels of M&A activity expected in UK manufacturing –…

Posted by September 19, 2024

Strong levels of M&A activity are expected across UK manufacturing for the remainder of 2024, as dealmakers see a rise in business confiden

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Car finance scandal sparks £200m sale at UK bank

Posted by September 19, 2024

Growing uncertainty over the motor finance scandal has prompted a British merchant bank to sell its wealth business for £200m.

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Why did the Bank of England not cut interest rates?

Posted by September 19, 2024

After the Federal Reserve’s monster 0.5 percentage point cut in US borrowing costs on Wednesday, it seemed strange that the Bank of England should sit on its

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UK interest rates an outlier after decision to hold

Posted by September 19, 2024

There has been no change to the UK interest rate despite the US and European central banks all moving to cut in the last week. The Bank of England

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Next reaps rewards as global fashion trends ‘converge’ via social…

Posted by September 19, 2024

Next has said international tastes in fashion are “converging” as tech platforms expose consumers to international trends, boosting the retailer’s oversea

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