Insurance group Admiral shares jumped this morning as it reported soaring profits for the first half of the year. The London-listed firm saw year-on-year profit rise 32% to £309.8 million in the six months to June, while revenue was up 43% at £3.21 billion. The increases were mainly driven byContinue Reading
The Treasury has reassured that it remains in “positive discussions” with AstraZeneca regarding the pharmaceutical giant’s proposed £450 million vaccine manufacturing facility in northwest England. However, doubts have emerged following reports that the government is considering reducing its financial support for the project to £40 million—a significant cut from theContinue Reading
Jon Davis is a veteran and entrepreneur known for founding Gunner Gear, a leading online tactical outfitter established in 2021. With a military background and a passion for firearms, Jon has dedicated his career to providing high-quality tactical gear while emphasizing honesty, respect, and gun safety. Under his leadership, GunnerContinue Reading
AI technology start-ups have been given a huge boost with the launch of a brand new £100 million fund to transform the growth of the industry. British entrepreneur and investor Scott Dylan has launched the new venture capital firm NexaTech Ventures to help rising stars in the AI and techContinue Reading
The real estate market landscape is constantly changing, even a smaller increase in the interest rate sends reverberations throughout the markat. This has made this essential to understand the relationship between interest rates, rental prices, and occupancy levels. Same as we prefer buying health supplements from authentic and reliable sourcesContinue Reading
Train drivers are to vote on a multi-year pay offer aimed at ending their long-running dispute, it has been announced. Their union Aslef said the offer was made in talks at the Department for Transport, which started after Labour won the General Election following months of stalemate under the Conservatives.Continue Reading
The UK’s top share index has been boosted by housebuilders after new inflation data at home and across the pond raised hopes of more interest rate cuts this year. London’s FTSE 100 moved 45.82 points higher on Wednesday, or 0.56%, to 8,281.05. Housebuilders and developers Berkeley, Taylor Wimpey, Persimmon andContinue Reading
The Scottish Government will make sure public services do not “crumble away”, the Finance Secretary has said, but she warned of “tough decisions” ahead. Shona Robison was speaking as the Government Expenditure and Revenue Scotland (Gers) figures showed a net fiscal deficit of £22.68 billion in 2023-24, compared to justContinue Reading
Inflation has risen for the first time this year, but signs of easing price pressures in key areas like the services sector have given economists hope of further Bank of England interest rate cuts. The Office for National Statistics (ONS) said the UK’s overall measure of inflation, the Consumer PricesContinue Reading
UK inflation rose to 2.2 per cent in July, marking the first increase this year and increasing the chances the Bank of England keep interest rates at the same level when they meet next month. The Consumer Prices Index (CPI) inflation rose from 2 per cent in June, but undershotContinue Reading
