UK Latest News
- Relief for banks after lukewarm motor finance winLenders across the City are breathing a sigh of relief after today’s landmark Supreme Court ruling, which upheld the appeals of two banks in the high-profile motor finance commission case. This highly anticipated legal decision marks a significant victory for the lending sector, as the UK’s top court sided with Close Brothers and FirstRand Bank. […]
- Pharma stocks suffer as Trump demands prescription slashPharmaceutical stocks across the global markets have taken a hit after Trump demanded drug companies lower prices for American consumers. Trump’s threat against pharmaceuticals has given healthcare sector investors “a dose of the blues” after his letter to various company bosses. It outlined that they should either cut US prescription prices or face a tariff […]
- Barclays follows HSBC in ditching net zero banks clubBarclays has become the second London-based bank to exit the net zero banks club as the financial services industry continues to row back on climate policies. The FTSE 100 giant – which recorded a £1bn profit jump for the second quarter – said on Friday the UN-convened Net Zero Banking Alliance (NZBA) “no longer has […]
- After EU-US deal, even Remoaners must admit Brexit has its benefitsEven the most ardent opponents of Brexit have been forced to concede the UK has got a better deal with the US than the EU.
- Brain drain latest: Number of Brits choosing to move abroad doublesThe rate at which UK taxpayers are moving abroad has more than doubled in the past three years, according to official data which experts warned could be understating the true speed of departures. The average number of P85 forms submitted to HMRC per month rose from 2,500 in 2022 to as much as 5,150 per […]
- Exclusive: Premier League data partner Genius expands portfolioThe Premier League’s data and technology partner, Genius Sports, has secured a deal to provide the official betting data rights for 18 other top football leagues across Europe. As part of a long-term agreement with the European Leagues Association, Genius Sports will use AI technology to capture and distribute official betting data for a wide […]
- Picture exclusive: NBA meets Starmer for encouraging talks at No10NBA chiefs are understood to have been encouraged by a lengthy meeting with Prime Minister Sir Keir Starmer this week in which they discussed plans to launch a European league. Starmer hosted NBA commissioner Adam Silver and deputy commissioner Mark Tatum at No10 Downing Street on Wednesday during an ongoing tour of Europe by the […]
- Global markets take a tumble as Trump pushes on with his trade warGlobal stocks weakened on Friday morning after US President Donald Trump hit multiple countries with a blitz of tariffs. Trump’s ambition to restructure the global trading order in his administration’s favour has sent jitters through markets on his set negotiation deadline day. The FTSE 100 is down 0.7 per cent, with UK drug maker Astrazeneca […]
- Lucas Paqueta’s lawyer: No decision yet on whether to sue FALucas Paqueta’s lawyer says they have made no decision yet on whether to seek damages from the FA after the West Ham star was cleared of spot-fixing following a two-year investigation. Paqueta was found not guilty by an independent disciplinary commission of deliberately getting yellow cards in order to manipulate betting markets, in a decision […]
- Watches of Switzerland shares slump as Trump ups tariffsWatches of Switzerland saw its share price drop more than seven per cent in early trade as investors shied away from the effect of Trump’s sweeping new tariffs. On Friday morning, Trump announced a new tariff rate of 39 per cent for Swiss exports to the US – higher than the initial ‘Liberation Day’ tariff […]
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