The FTSE 100 finished a touch higher despite a shaky afternoon as it was boosted by rises from mining firms. It came despite multinationals being impacted by the strong pound, which struck another year-high versus the dollar. In equities, commodity firms were bolstered by higher metal prices, helping the FTSEContinue Reading
A widely-shared online post claimed there are more than four times as many Michelin-starred restaurants in the UK as in the US when counting per capita. It also said that “43 out of the 50 US states combined have fewer Michelin star restaurants than Nottingham”. Evaluation While it is accurateContinue Reading
An unexpected increase in government borrowing means abolishing the two-child benefit cap is unaffordable, a Treasury minister has said. Treasury chief secretary Darren Jones appeared to explicitly rule out abolishing the cap at the next Budget in an interview on Wednesday, while conceding it was not a decision the GovernmentContinue Reading
The Scottish National Investment lost £14.6 million in the last financial year, including £8 million following the collapse of the company set up to administer Scotland’s failed deposit return scheme, latest figures show. However, the state-owned investment bank exceeded its operating costs of £16.1 million for the first time, withContinue Reading
Construction group Costain has unveiled a £10 million share buy-back as it saw half-year profits leap higher and cheered a boost from water contracts. The group reported a 22% rise in underlying pre-tax profits to £19.4 million for the six months to June 30. Reported pre-tax profits doubled to £17Continue Reading
For many UK workers, holidays are no longer a time to fully unwind, with a significant number finding it difficult to disconnect from work. New data from NatWest Premier highlights that two in five Britons continue checking their emails while on holiday, and the trend is particularly pronounced among highContinue Reading
Leaders of private schools are urging the Treasury to delay the introduction of VAT on school fees, warning that a January implementation could trigger a mid-year surge of pupils into the state sector, placing unsustainable pressure on already stretched resources. Independent schools are set to raise fees by up toContinue Reading
Sensitive information exchange is a vital component of cooperation, mergers, acquisitions, and other commercial activities in the rapidly changing business environment. Virtual data rooms (VDRs) have become an innovative approach in response to the growing demand for fast and safe sharing of information. These digital repositories give companies a secure,Continue Reading
The FTSE 100 lost ground on Tuesday, pushed down by sharp falls across constituents including BT, plus energy giants Shell and BP. The blue-chip index fell 84 points, or 1%, to end the day at 8,273. BT shares fell 6.4% after Sky struck a broadband deal with CityFibre, one ofContinue Reading
Tesco has said it is increasing the price of its popular lunchtime meal deal. The price of the deal, which includes a sandwich, pasta or salad, a snack and a drink, currently costs £3.40 for customers with a Tesco Clubcard. Customers who are not members of the loyalty programme areContinue Reading
