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News

  • July 9, 2024

BP shares slide four per cent after warning of £1.6bn impairment

BP also said its second-quarter results, expected on July 30, will include post-tax adverse adjustments around what it called "onerous contract provisions. These are expected to be between $1bn and $2

  • July 9, 2024

Tax from UK’s 74,000 non-doms paid for 18 days of NHS spending in 2022

Non-doms contributed nearly £9bn to the exchequer through tax and national insurance contributions (NICs) in the 2023 tax year, the highest amount since 2017, when new rule changes were brought in.

  • July 9, 2024

London Metal Exchange back in court as Elliott seeks to appeal nickel case

The London Metal Exchange is back in court this week as it seeks to defend against Elliott Investment Management's application to appeal the nickel case

  • July 9, 2024

Peacocks returns to the black after shedding hundreds of jobs

Peacocks has clawed its way back to profit after shedding more than 1,400 jobs, newly-filed documents have revealed.

  • July 9, 2024

GoJoe: Fitness app gets cash injection worth £2.4m from Revolut and Just Eat investor

Employee engagement and wellbeing app GoJoe has secured a cash injection worth more than £2m from the investor behind brands including Revolut, Just Eat and Charlotte Tilbury, as it looks to expand

  • July 9, 2024

Magic circle Linklaters turnover hits record as US expansion pays off

Law firm Linklaters' revenue has surpassed the £2bn mark for the first time as the firm credits deals and the expansion into the US

  • July 9, 2024

Nala: London fintech raises £31m for expansion beyond Africa

London-based money transfer firm Nala has raised $40m (£31.2m) in funding to support its global expansion and enhance the reliability of payments to Africa.

  • July 9, 2024

Wes Streeting: NHS is now an ‘economic growth department’ in bid to address long-term sickness

"This is no longer simply a project services department," he said. "This is an economic growth department. And the health of the nation and the health of the economy are inextricably linked."

  • July 9, 2024

Dyson to cut up to 1,000 jobs in the UK as firm looks to cut costs

"We have grown quickly and, like all companies, we review our global structures from time to time to ensure we are prepared for the future. As such, we are proposing changes to our organisation, which

  • July 9, 2024

Goldman Sachs: Tony Blair is wrong on AI – it’s not going to save the UK economy

Goldman Sachs, once a strong backer of artificial intelligence (AI), has hit back against the technology championed by the market and many in government, instead stating that AI is not expected to pro

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