Hedge fund Davidson Kempner and asset manager M&G are vying to be among the first to inject capital into Britain’s £1.4 trillion ($1.77 trillion) pension sector, according to industry sources. In a
MoreBritish Defence Minister Grant Shapps accused China on Wednesday of either providing or preparing to provide Russia with lethal aid for its war against Ukraine. Since Russia’s full-scale invasion in 2022, Western
MoreMarks & Spencer (M&S) exceeded expectations with a 58% increase in annual profit and announced its first yearly dividend since 2019, indicating a potential revival after two decades of struggles. Shares in
MoreUK regulators have fined Citigroup £61.6 million ($78.5 million) for control failings in its trading operations, marking one of the largest sanctions for systems breaches. These failures once caused a sudden drop
MoreBritish online used car retailer Cazoo Group (CZOO.N) announced in a regulatory filing on Tuesday that it will appoint administrators from the advisory firm Teneo to assess the viability of its business.
MoreHome prices in Britain have reached record highs despite high mortgage costs, but the rate of increase has slowed, according to data from property website Rightmove. The average asking price for residential
MoreAsda, Britain’s third-largest supermarket group, reported on Friday that its underlying sales rose by 1.4% in the first quarter. This marks a slowdown from the 2.2% growth in the previous quarter and
MoreBorder Force staff at Heathrow, Britain’s busiest airport, are set to strike on May 31, June 1, and June 2. This strike coincides with a peak travel period during the country’s school
MoreLondon’s FTSE 100 ended the week slightly lower on Friday, easing after a series of record highs. Investors are now focused on next week’s UK inflation reading, which will shape expectations for
MoreReality TV stars are among nine individuals charged in the UK for promoting unauthorized trading schemes on Instagram, marking the first significant action against “finfluencers,” the Financial Conduct Authority (FCA) announced on
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