ArcelorMittal said it had lost nearly $8 billion last year, and that it planned to seek $3 billion in new capital from shareholders to shore up its finances
Rachel Reeves and the government have missed a real opportunity to put our country on a growth trajectory in this Budget.
Rachel Reeves has pulled a staggering £66bn from the UK economy: £40bn in the October 2024 Budget, largely from businesses, and another £26bn in the November 2025 Budget, hitting workers, the wealthy and businesses to fund higher welfare spending...
ArcelorMittal said it had lost nearly $8 billion last year, and that it planned to seek $3 billion in new capital from shareholders to shore up its finances

Sainsbury's and Dixon Carphone, as well as many other British companies have been given excruciating amount of taxpayer's money to install energy-efficient...
Jaguar Land Rover has become UK's largest car maker, beating long-time industry leader Nissan to second place, building 489,923 cars in the UK in 2015 compared to the Japanese automotive giant's 476,589.
According to an influential forecast that was recently released, despite of the global market commotion that cleared £110 billion off public companies' values in so far this January, Britain's growth will be faster in 2016.
The Film Partners Media Limited (FPM Ltd) are launching the film, The Pale King, which is based on India's grandest mythologies, The Mahabharata. This film will be the first in a trilogy, which is said to rival Avatar and the Lord of the Rings...
Many UK entrepreneurs may prefer to liquidate their companies in the next three months to escape the changes in the tax rules
HSBC bank has ended its association with Islamic Relief, Britain's government-funded Muslim charity, due to fears that money provided for aid may end up going to terrorist groups overseas.
The Royal Bank of Scotland has admitted that it had kept 4,500 customers in the dark when they sought information about the cash that was lying in their dormant accounts.
The Bank of England has warned that landlords could pose a threat to banks and wider financial stability, as buy-to-let mortgages has double the chances of turning bad as loans taken out by owner-occupiers.

There is good news for thousands of British steel workers. Three parties have shown interest in buying Tata Steel's historic Scunthorpe steel plant and...