Historic Rathbones Bakery to Close, 115 Jobs at Risk
Morrisons announces closure of 100-year-old Rathbones Bakery in Wakefield, risking 115 jobs. The site had narrowly avoided closure in 2024. Read the full story.
Category : Search result: financial losses UK
Simple 10-point checklist to sort your finances in January
Struggling to organise your money this January? This practical 10-point checklist and expert advice from Unbiased can help you tackle debt, pensions, and savings without feeling overwhelmed.
Lords: Policymakers 'flying blind' on private markets
A House of Lords committee warns that a lack of data on booming private markets leaves UK regulators and policymakers dangerously in the dark. Read the full report.
Lords: Treasury has 'limited grasp' of shadow banking risks
A Lords committee warns the UK Treasury is unprepared for risks from the booming $16tn shadow banking sector, which could threaten UK financial stability. Read the full report.
Key Wealth Management Trends to Watch in 2026
Financial News explores the major themes set to shape the UK wealth management sector in 2026, including consolidation, regulation, and cryptocurrency. Read our in-depth analysis.
Law Firm's £95m Loss Raises "Material Uncertainty" Warning
Pogust Goodhead posts a £95m annual loss as auditors flag concerns over its future. The firm blames litigation costs and pins hopes on US hedge fund backing. Read the full report.
9 Money Habits of the Wealthy You Can Copy
Discover the nine key financial strategies used by society's richest, from investing over saving to building multiple income streams. Learn how to adopt a wealth mindset today.
UK-Swiss Financial Pact: A Brexit Victory
The Berne Financial Services Agreement, effective 1 Jan 2026, is a major post-Brexit deal. It boosts UK-Swiss finance via mutual recognition, cutting costs and fostering growth. Discover the details.
UK urged to end 12-year financial literacy test boycott
The UK has avoided the OECD's PISA financial literacy test since 2012. As the government explores joining in 2029, experts argue participation is vital for evidence-based policy, productivity, and inclusion.
Faulty AI Advice Causing Financial Losses for UK Businesses
Half of UK accountants report clients losing money due to AI-generated financial errors. As HMRC ramps up enforcement, experts warn of severe consequences without professional oversight.
London's 2026 Future: Choices Over Rhetoric
Policy Chairman Chris Hayward outlines how London will move from post-Brexit planning to execution in 2026, focusing on financial services, trade, and regulatory reform to secure its global status.
Global Media loses £140m despite £898m revenue
Media giant Global, owner of LBC and Capital, reports a £140m pre-tax loss as turnover climbs to £898m. Discover the financial details and regional performance of the UK's leading radio and outdoor advertising group.
Motorway takes £25m loan after losses widen to £37.3m
Used car marketplace Motorway has agreed a £25m loan after reporting a £37.3m pre-tax loss for 2024. CEO Tom Leathes says the focus is on long-term growth infrastructure.
FCA ends private equity consolidation probe with no action
The Financial Conduct Authority concludes its investigation into private equity-backed advice firms without enforcement action. Discover the details and regulatory implications.
55% of UK Savers Use AI for Financial Guidance
New research reveals a surge in Brits using ChatGPT for investment decisions, averaging £2,350 per user. Discover the risks and regulatory changes shaping this trend.
One Four Nine Fund cuts losses amid sale talks
Copper Street Capital's One Four Nine fund reduced its annual loss to £1.4m as parent company enters exclusive sale negotiations. Discover the latest on this London investment story.
Sanders Calls for AI Datacentre Moratorium Over Job Fears
US Senator Bernie Sanders calls AI 'the most consequential technology' and demands a slowdown, while Republican Katie Britt proposes criminal liability for harmful AI chatbots targeting minors.
2025's Costliest Climate Disasters: $120bn in Insured Losses
Christian Aid's report reveals 2025's top 10 climate disasters caused over $120bn in insured losses. From SE Asia cyclones to California fires, the human and financial toll is mounting. Urgent action on fossil fuels is needed.
11 PE-Backed Firms Fail UK Climate Disclosure Rules
A new report identifies 11 portfolio companies owned by major private equity firms as non-compliant with UK mandatory climate-related financial disclosures. Discover the firms involved and the regulatory implications.
Democrats Sue Trump Over CFPB 'Sabotage'
Democratic lawmakers launch a $1.5bn lawsuit against Donald Trump, alleging he sabotaged the Consumer Financial Protection Bureau. Read the full legal breakdown.
FN Recognises Financial Leaders and Rising Stars for 2025
Financial News unveils its prestigious 2025 awards, honouring the top executives and emerging talent shaping London's financial landscape. Discover the winners now.
Stella McCartney losses hit £33.6m amid sales slump
Stella McCartney's fashion label sees losses widen to £33.6m as sales fall by 27%, raising concerns over its financial future. Directors cite challenging luxury market conditions.
River Island to close 33 stores by 2026 after £33.2m losses
British fashion chain River Island is closing 33 profitable branches by January 2026, risking hundreds of jobs. The move follows £33.2m losses and a shift to online shopping. See the full list of affected stores.
Rural NZ Exodus: Mill Closures Force Families to Leave
The closure of Winstone Pulp's mills in Ruapehu, New Zealand, has led to over 230 job losses, forcing families to move and raising fears of a 'hollowing out' of rural regions. Read the full story.
Services Sector Job Losses Continue as UK Growth Rebounds
The UK services sector saw further job losses in December, despite a rebound in business activity and rising client confidence. Analysts warn of intense cost pressures and a sluggish economic outlook. Read the full analysis.
FN's 2026 Lists: New Categories and Ranking Criteria
Financial News unveils new categories and refined methodology for its 2026 rankings of UK financial services firms. Discover the upcoming changes and what they mean for the industry.
Bill Kingdom, FCA Architect, Dies at 78
Bill Kingdom, the influential civil servant who shaped the UK's Financial Conduct Authority, has died at 78. Read about his pivotal role in financial regulation.
UK farmers lose £828m after hottest spring and summer
A new study reveals UK arable farmers face over £800m in losses after the hottest spring and summer on record devastated harvests. Discover the impact on food security and calls for urgent support.
Argos losses exceed £200m as Sainsbury's strategy falters
Argos plunged to a £223.2m pre-tax loss last year, with analysts claiming Sainsbury's 'food-first' strategy left the retailer feeling like an 'unloved child'. Discover the future of the high street staple.
Victoria to cut 4,000 public service jobs in $2.3bn savings plan
The Victorian government announces a major public sector overhaul, aiming to cut 4,000 jobs and save $2.3bn. Find out which departments are affected and the impact on services.
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