Business News
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Tax rises on wine and spirits but decreases on sparkling wine.
Tuesday could see an increase in the price of many alcoholic beverages as a result of significant tax reform. According ...
Nationwide reports UK property prices decline steepest in 14 years.
In July, house prices in the United Kingdom fell at the quickest annual rate in 14 years, according to Nationwide. ...
Warburg Pincus poaches renowned City banker Sibbald for European post.
Andrew Sibbald, the chairman of Evercore’s London-based operations, will join the buyout firm with interests in the AA, Reiss, and ...
Elon Musk wants X to copy WeChat. Why?
This week, Elon Musk renamed Twitter X, an additional step in his plan to imitate the Chinese mega-app WeChat. Mr. ...
Experts believe China’s electric cars may “paralyse” Britain remotely.
Experts warn that China’s electric cars could be remotely controlled to ‘paralyze’ the United Kingdom, causing security concerns. Professor Jim ...
How would FCA Consumer Duty affect customers’ rights?
Tomorrow’s implementation of new regulations should compel financial institutions to improve their standards and prioritize customer requirements. Under the Consumer ...
As earnings rise, NatWest chairman refuses to resign over Farage catastrophe.
The de-banking turmoil engulfing the financial institution overshadows its most recent financial results, which were well-received by investors and marked ...
Mark Zuckerberg: Threads users down over 50%
Meta CEO Mark Zuckerberg alleges that Threads, its new social media site, has lost over half its customers. In less ...
Ex-US banker to assess Bank of England projections
Former US Federal Reserve Chairman Ben Bernanke will oversee an assessment of the Bank of England’s forecasts. The appointment comes ...
Pan Gongsheng: China’s unexpected central bank chief?
Pan Gongsheng has been appointed as the new governor of the People’s Bank of China (PBOC). The appointment of the ...
GSK bolstered by herpes virus vaccines and HIV medications
Strong sales of herpes zoster vaccines and HIV medications helped GSK surpass second-quarter earnings projections. The pharmaceutical behemoth has increased ...
Price rises and DBX707 demand boost Aston Martin sales.
Aston Martin’s second-quarter results exceeded market expectations due to increased prices and demand for its DBX707 sport utility vehicle and ...