Rothesay Life is celebrating a record year of growth, fueled by a surge in deals as companies look to transfer retirement risks to insurers.

The parent company of struggling Thames Water has informed its creditors of a debt default, raising concerns about potential restructuring or collapse.

The UK has exited recession as the economy gains momentum marked by two closely monitored surveys indicating a "turning point" in growth.

Asda, owned by the Issa brothers and TDR Capital, a private equity firm, is falling further behind its supermarket competitors in the quest for sales growth, adding to the pressure on its billionaire owners to reduce costs. 

New regulations aimed at prioritising British workers and reducing overall migration have been implemented in the UK. 

Hundreds of thousands of families are poised to see significant financial relief, with some potentially benefiting by up to £3,000, in the 2024-25 tax year.

Morrisons' turnaround strategy seems to be yielding results as the UK's fifth-largest grocer reported its strongest quarterly sales growth since the £7 billion takeover in 2021. Under the leadership of Rami Baitiéh, who assumed the role of chief...

Centrica's CEO, Chris O'Shea, saw a significant increase in his annual pay, rising by nearly £4 million to £8.2 million in 2023. 

Thames Water has mobilised a team of City experts to lead urgent restructuring discussions this week amid concerns that its parent company could face collapse by month's end.

The Bank of England has issued its most severe caution yet regarding the risk to financial stability emanating from the $8 trillion private equity market. Amidst rising interest rates, both buyout firms and their affiliated companies are facing...