Uber: U-turn for company as it reverses back to a loss
Uber said it swung to the loss due to the revaluation of its equity investments and the costs of legal settlements related to its drivers.
Competition regulator to probe takeover of logistics firm Wincanton
The Competition and Markets Authority (CMA) will investigate logistics firm GXO's £764m acquisition of Wincanton, it has been announced.
Why the Bank of England won’t cut rates – even if it wants to
The Bank of England desperately wants to cut interest rates, but the caution of the Federal Reserve might mean they aren't able to.
Monzo’s valuation rises as fintech giant bags £150m funding for US growth
Monzo has raised $190m (£150m) in new funding, taking its total for the year to $610m (£490m) and raising its valuation to $5.2bn (£4.1bn), as the digital bank eyes up international expansion and a
Starmer ‘delighted’ by ex-Tory MP Natalie Elphicke’s defection to Labour
Conservative MP Natalie Elphicke has defected to join the Labour Party, with an attack on the “broken promises of Rishi Sunak’s tired and chaotic government”.
Former immigration minister Jenrick says Tories must win back ‘on strike’ voters
The Conservatives need to win back voters who have gone “on strike” over the failure to tackle immigration and extremism, Robert Jenrick has said.
Hydrogen-focused investment trust finds success in private companies
Hydrogenone Capital Growth, the investment trust focused on cash into clean hydrogen, has reported a strong performance of its underlying holdings, even though its share price has struggled. The trust
Monty Panesar U-turns on bid to stand as MP for George Galloway’s Workers Party
Last week Panesar was unveiled as a candidate in Westminster in Parliament Square, saying he would let Galloway do the talking on Palestine, and that he just wanted to "give back" to working people.
TSB Bank to cut 250 more jobs and close 36 branches in cost-cutting drive
TSB Bank is planning to cut around 250 jobs as part of a broader restructuring effort, joining other mid-sized high street lenders looking to reduce costs.
Traders short sterling as bets on Bank of England rate cuts grow
Currency traders have been building up short positions on the pound in the hope that the the the Bank of England (BoE) will cut the base rate before the US's Federal Reserve (Fed).