Ford’s FCE Bank has set aside £155m for car finance mis-selling claims as the FCA prepares to unveil rules for a multibillion-pound compensation scheme. Read more: Ford’s FCE Bank sets…
UK retail sales fell 0.4% in February as shoppers cut spending, with economists warning the Iran war could further weaken demand and confidence. Read more: UK retail sales fall as…
UK businesses are more financially vulnerable than before the Ukraine war, with rising energy costs and interest rates increasing corporate distress. Read more: UK firms enter new energy crisis weaker…
A US judge has blocked the Pentagon’s contract ban with Anthropic after the AI company refused to allow military use of its technology Read Full Article at RT.com
Octopus Investments plans to cut around 20% of staff as it accelerates AI adoption, highlighting growing disruption across the asset management sector. Read more: Octopus Investments to cut 20% of…
Dyson reports £440m sales decline due to US tariffs and weak demand, but profits rise after cost cuts and continued investment in innovation. Read more: Dyson hit by £440m sales…
UK petrol prices are set to exceed £1.50 per litre as oil costs surge after the Iran conflict, with diesel rising even faster, warns the RAC. Read more: Petrol set…
The US has warned Keir Starmer’s plans to align with EU rules could disrupt UK-US trade, raising concerns over future economic ties. Read more: US warns Starmer’s EU reset could…
Next will invest £300m in UK warehouses, including a new Yorkshire site, as it targets £2.5bn economic boost and accelerates online growth. Read more: Next to invest £300m in UK…
Octopus Energy has seen a 50% surge in solar panel sales as rising oil and gas prices from the Iran conflict push households towards renewables. Read more: Octopus Energy sees…