Category : Search result: financial losses


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.

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.

Leon warns of closures after £8 million loss

Leon founder John Vincent reveals potential site closures and job cuts as he battles to restore the struggling fast-food chain to its former health. Read his full recovery plan.

Gambling tax hike could cause UK job losses

Chancellor Rachel Reeves warned that increasing gambling taxes could lead to significant job losses and harm horse racing. The industry contributes £4bn annually in tax. Read the full analysis.

AI Threatens 3 Million UK Jobs by 2035

New research reveals AI could displace 3m low-skilled UK workers by 2035, while boosting demand for professionals. Discover which roles are most at risk.

Abu Dhabi Emerges as Global Finance Hub Through ADFW

Abu Dhabi Finance Week 2025 positions the emirate as a leading global financial centre, attracting institutions managing £32.3 trillion. Discover how ADGM's growth reshapes international finance.

Unimetals Recycling collapses, 650 jobs at risk

One of the UK's largest metal recycling firms, Unimetals Recycling, has collapsed into liquidation, putting approximately 650 jobs in immediate danger. Discover the full story behind the failure.

FCA Begins Private Markets Probe: Key Details

The Financial Conduct Authority has initiated a comprehensive review of private markets, examining valuation practices and liquidity concerns. Discover how this could impact UK investors.

AI Firms Must Disclose Risks or Face Crisis

Anthropic CEO Dario Amodei warns AI companies must be transparent about risks like job losses and security threats or repeat mistakes of tobacco and opioid industries.

FCA expands Leeds office in major regional push

The Financial Conduct Authority is significantly expanding its Leeds presence, doubling its office space as part of its strategy to decentralise financial regulation from London.

Ineos cuts hundreds of jobs amid debt struggles

Sir Jim Ratcliffe's Ineos Automotive is cutting hundreds of jobs across its global operations as the company grapples with significant debt and operational challenges. Read the full analysis.

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