Thames Water has said it will kick off the process of raising more money from investors over the next few weeks. The struggling water giant said that while it has been in talks with potential funders since July, it will launch its formal “equity solicitation process” in the coming weeks.Continue Reading
Next has warned that it may have to close stores after losing a significant legal battle over equal pay, which could cost the retailer over £30 million. The FTSE 100 clothing and homewares chain announced in its half-year report that the ruling could affect the profitability of individual stores. LastContinue Reading
Chancellor Rachel Reeves faces a fresh headache ahead of her first Budget this autumn after official figures revealed Government borrowing jumped by more than expected last month. Borrowing rose to £13.7 billion last month, marking the third highest August on record, driven by higher spending on public services due toContinue Reading
In the heart of Dubai’s bustling financial hub, DIFC, a remarkable story of compassion and humanity unfolded. Founder of Dalma Capital Zachary Cefaratti not only built a successful firm but also saved a life in a way that has touched the hearts of many. This is the story of howContinue Reading
Aspiring solopreneurs and small business owners are being offered a life-changing opportunity to accelerate their entrepreneurial dreams, thanks to Adobe’s new Manifest-o Method. This framework, designed by experienced business professionals and powered by Adobe Express, helps transform ideas into actionable business plans. Available now on the Adobe website, the Manifest-oContinue Reading
Global stock markets have enjoyed a rally with investors in high spirits after interest rates in the US were cut for the first time since 2020, while the pound surged on the news that UK rates were staying the same. The UK’s FTSE 100 index was given a lift onContinue Reading
The Bank of England has said interest rates could come down “gradually over time” after deciding to keep them unchanged at 5% on Thursday. Economists think the next cut to borrowing costs could come when policymakers next meet in November. Here the PA news agency looks at what the decisionContinue Reading
The Bank of England has said interest rates could be cut “gradually over time” if inflation stays low, after leaving borrowing costs unchanged at 5%. The Bank’s Monetary Policy Committee (MPC) sounded a cautious tone in its decision to keep the UK base rate the same. The MPC last monthContinue Reading
A new campaign is being launched to help more older people start their own businesses. Startup School for Seniors has funding from local authorities across the country to offer an online course aimed at showing how an idea can be turned into a business. Hundreds of people have already registered,Continue Reading
The UK is to host a conference with leading artificial intelligence (AI) developers in Silicon Valley in November to discuss how to tackle the potential risks surrounding the technology. The Government said the talks will focus on how AI firms plan to tackle concerns around the rise of AI, includingContinue Reading
