Week ahead: Fed to hold rates – but is a September cut on the cards? June 9, 2024 Any shift to a single cut, as suggested by Atlanta Fed President Raphael Bostic in April, could boost the dollar sharply.
Election 2024: Reform UK will overtake Tories in polls, Ipsos boss predicts June 9, 2024 Reform UK is likely to overtake the Conservative Party in at least some polls in a so-called ‘crossover moment’, the boss of a polling firm has predicted.
Abrdn chairman adds to growing calls to axe the share tax June 9, 2024 The chairman of Abrdn has said that scrapping the tax on share purchases would lift the economy and boost investment in UK firms, adding to the growing calls to abolish the 0.5 per cent levy.
Boom in Hikvision UK sales sparks calls for full ban on Chinese CCTV giant June 9, 2024 News that Hikvision's UK sales boomed last year has sparked calls for a complete ban on the Chinese CCTV giant.
Planners strive to protect the UK’s beautiful quarries by blocking film studio June 7, 2024 The government has rejected a major media investment in the latest sign that nimbyism is triumphing over economic development in London.
New data centre planned for London amid ‘significant lack of power’ June 7, 2024 The demand for data centres is rapidly rising. AI training and large language models, such as ChatGPT and Gemini, require enormous amounts of power.
Tables turned? Cambridge pharma firm launches hostile bid for New York-listed peer June 7, 2024 Vanda Pharmaceuticals, based in Washington DC, confirmed the receipt of Cycle’s “unsolicited, non-binding indication of interest” and stated it would carefully review and evaluate the proposal.
Shares in Tennent’s and Magners maker C&C plunge as chief steps down over accounting errors June 7, 2024 In a "summary" of its unaudited results for the full year 2024, C&C said it expects revenue to be down two per cent on the previous year.
British tech giant Mike Lynch acquitted after 12-year legal battle June 7, 2024 Lynch was initially charged with 16 counts, including wire fraud and conspiracy but one charge of securities fraud was dropped during the trial.
Business secretary Kemi Badenoch to discuss Royal Mail bid with Czech Sphinx June 6, 2024 The owner of Royal Mail, last week agreed a £3.6bn takeover by Kretinsky’s EP Group, valuing the business at just above £5.2bn.