MPs warn Treasury plans to reform the Financial Ombudsman Service could threaten its independence, raising concerns over government-appointed leadership and regulatory changes. Read more: MPs warn Treasury reforms risk undermining…
Trustpilot reports £14m profit as AI-driven traffic boosts growth, with shares jumping 28% amid strong revenue and upgraded forecasts. Read more: Trustpilot profits soar as AI-driven traffic fuels sharp share…
Canadian billionaire Stephen Smith has acquired a 26.9% stake in The Economist Group from Lynn Forester de Rothschild, marking a major ownership shift. Read more: Canadian billionaire Stephen Smith takes…
Close Brothers will cut 600 jobs as it battles investor concerns over the motor finance scandal, with compensation costs potentially exceeding £1bn. Read more: Close Brothers to cut 600 jobs…
The Small Business Commissioner has appointed Abigail Whittaker and Ryan Shorthouse to its advisory board as it prepares for new powers to tackle late payments. Read more: Small business commissioner…
A tribunal ruling could see public EV charging VAT reduced to 5%, potentially lowering costs for drivers and aligning rates with home charging. Read more: Tribunal ruling could cut public…
Bentley will cut 275 jobs as profits fall 42% to £187m, with the luxury carmaker citing weak demand, China slowdown and rising costs. Read more: Bentley to cut 275 jobs…
EU gas prices will grow by 100% more than previously projected, meaning the bloc will “inevitably beg” for Russian gas, Kirill Dmitriev says Read Full Article at RT.com
UK individual insolvencies have surged 18% year-on-year, with experts warning households are at breaking point as high interest rates, inflation and debt pressures intensify. Read more: Individual insolvencies surge 18%…
Chancellor Rachel Reeves has unveiled a £2bn AI investment plan to make the UK the fastest adopter in the G7, boosting growth, infrastructure and innovation. Read more: Rachel Reeves unveils…