Bussiness
UK debt hits 100% of GDP, the highest level since…
UK national debt has hit 100% of the country’s annual economic output, the highest level since the 1960s, underscoring the challenge facing the chancellor, Ra
Thames Water warns its cash may run out as soon…
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
Whitehall on alert as construction group ISG heads for collapse
Thousands of construction industry jobs are at risk as ISG, a construction group that builds prisons and police stations, faces imminent collapse.
UK consumer confidence falls sharply amid fears of ‘painful’ budget
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
National debt at 100% of GDP for first time since…
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
STARK UK appoints de Silva as Business Development Director
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
ISG UK subsidiaries apply for administration | Construction News
Six UK subsidiaries of the country's sixth largest contractor ISG - including ISG Construction - have applied to enter administration.Following months of specul
London-listed funds land £200m from Lynch-backed Featurespace
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
Strong levels of M&A activity expected in UK manufacturing –…
Strong levels of M&A activity are expected across UK manufacturing for the remainder of 2024, as dealmakers see a rise in business confiden
Car finance scandal sparks £200m sale at UK bank
Growing uncertainty over the motor finance scandal has prompted a British merchant bank to sell its wealth business for £200m.
Why did the Bank of England not cut interest rates?
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
UK interest rates an outlier after decision to hold
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
