Virgin Money has warned of "headwinds" due to anticipated interest rate cuts and has acknowledged upcoming cost pressures as it temporarily halts some restructuring efforts ahead of its £2.9 billion acquisition by Nationwide Building Society.
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...
Virgin Money has warned of "headwinds" due to anticipated interest rate cuts and has acknowledged upcoming cost pressures as it temporarily halts some restructuring efforts ahead of its £2.9 billion acquisition by Nationwide Building Society.
The Bank of England is expected to start cutting interest rates in August, according to all but two of the 65 economists polled by Reuters.
According to recent data from the Office for National Statistics (ONS), the UK’s total "net worth" has decreased by over £600 billion since 2022.

As negotiations for a UK-India Free Trade Agreement paused following the 14th round of talks earlier this year, new research from leading business and...
A new report entitled ‘Indian Assets: Charting the Journeys of Indian Companies in the UK’, produced jointly by the Confederation of Indian Industry (CII) and the High Commission of India in the UK was launched by His Excellency Vikram Doraiswami,...
Housebuilding saw growth in May for the first time since Liz Truss’s mini-budget, contributing to a surge in activity across the construction industry, as indicated by a closely watched survey.
LondonMetric Property, a warehouse landlord, has ascended to the ranks of the FTSE 100, joining its larger competitor Segro in this prestigious index, marking a significant transformation in the commercial property sector over the past decade.
A warning from a thinktank highlights the pressing need for Britain's next government to address a significant shortfall of up to £33bn in public finances.
Traders are betting at record levels that UK carbon credit prices will rise, anticipating that a future Labour government will implement stricter climate policies, increasing the cost of pollution.
Zuber Issa has concluded a separation from his brother Mohsin by selling his stake in Asda to the supermarket chain’s private equity backer, TDR Capital.