The Bank of England has raised interest rates for the first time since August 2023, increasing the Bank Rate by 25 basis points to 4% as policymakers respond to rising
BoE expected to raise interest rates to 4% for first time in three years
The Bank of England is widely expected to raise interest rates for the first time in three years on Thursday, with financial markets pricing in a 94% probability of a
Peptide capacity race: how GLP-1 is reshaping supply
The peptide capacity race: how GLP-1 demand is reshaping the supply chain from factory floor to lab bench
Binance warns of fake $150 compensation offers as scammers exploit $6.3bn crypto hack
Binance has warned customers about fraudulent compensation offers circulating online following last week’s $6.3 billion cryptocurrency hack, with scammers attempting to exploit uncertainty surrounding the exchange’s withdrawal suspensions.
FTSE 100 faces lower open after Wall Street tech sell-off
London stocks are expected to open slightly lower on Monday, with the FTSE 100 forecast to decline around 14 points as investors assess renewed tensions in the Middle East, falling
Virgin Media O2 prepares to cut 4,000 jobs as £22bn debt pile drives major restructuring
Virgin Media O2 is reportedly preparing to cut approximately 4,000 jobs, equivalent to a quarter of its workforce, as the telecommunications giant seeks to reduce operating costs and manage a
Poundland founder warns 30,000 jobs could be lost as retailer faces administration
Poundland founder Steve Smith has warned that as many as 30,000 jobs could be lost if the discount retailer collapses, as a dispute over potential rescue bids intensifies following the
BBC licence fee set to top £200 as millions stop paying
The BBC licence fee is forecast to rise above £200 a year by 2031, despite millions of households abandoning the charge as the broadcaster faces growing competition from streaming services
FTSE 100 rises as BT and AstraZeneca rally but NatWest plunges 7.4%
London stocks were mixed at midday on Friday, with the FTSE 100 edging higher as strong gains for BT Group and AstraZeneca offset a sharp decline in NatWest shares, while
NatWest cuts 1,000 jobs in three months as AI transformation accelerates
NatWest Group (LON: NWG) has cut 1,000 jobs over the past three months as the banking giant accelerates its adoption of artificial intelligence, bringing total workforce reductions to 1,400 so
Poundland faces administration threat as three directors quit
Poundland’s future has been thrown into further uncertainty after three recently appointed directors resigned in protest over owner Gordon Brothers’ attempts to place the discount retailer into administration, putting approximately
FTSE 100 falls 94 points as HSBC sell-off weighs on London stocks
The FTSE 100 dropped 94 points, or 0.9%, to 10,673 in early Tuesday trading, reversing Monday’s gains as selling pressure weighed on London’s leading shares.