Reeves Pitches UK Stability at Davos Forum
Chancellor Rachel Reeves promotes Britain as a stable haven to global investors at Davos, despite domestic economic challenges and international uncertainty.
Category : Business
Global Minimum Tax Holds Despite US Exemption
The OECD's Pillar 2 global minimum tax rules have been preserved despite a controversial US exemption, though geopolitical tensions reveal limits of international cooperation.
FTSE 100 Dips on Inflation Spike and Trump Davos
UK inflation rises unexpectedly to 3.4%, pressuring stocks as FTSE 100 falls. Donald Trump heads to Davos amid tariff threats against European nations over Greenland.
UK Inflation Overshoots Forecasts in Cost of Living Warning
UK inflation unexpectedly rose to 3.4% in December, exceeding economist predictions and presenting challenges for Bank of England interest rate decisions amid persistent cost of living pressures.
Wetherspoon Shares Sink After Business Rates Hit
JD Wetherspoon shares fell sharply after revealing soaring costs from business rates and other expenses will dent annual profits, highlighting wider hospitality sector struggles.
Currys Shares Soar on Strong Christmas Trading
Currys shares jumped 5% after the tech retailer reported robust Christmas sales, defying wider high street gloom with growth in UK and Nordic markets.
FCA Office Attendance Policy Sparks Staff Backlash
The Financial Conduct Authority has informed thousands of employees they must work at least 50% of their time in offices from September, risking renewed industrial action threats.
Netflix Boosts Warner Bros Discovery Offer
Netflix has revised its takeover bid for Warner Bros Discovery to an all-cash offer, aiming to accelerate shareholder approval amid competition from Paramount.
Next Close to Russell & Bromley Takeover Deal
FTSE 100 fashion giant Next and partner Retail Realisation could finalise acquisition of 145-year-old shoe retailer Russell & Bromley as soon as Wednesday, Sky News reports.
Netflix Shares Fall Despite Warner Bros Bid Changes
Netflix shares fell 5% despite record subscriber and revenue figures, as investors reacted nervously to simplified Warner Bros takeover terms and forward guidance.
UK Inflation Up to 3.4%, First Rise in Five Months
UK inflation increased to 3.4% in December, the first rise in five months, driven by higher food, tobacco, and airfare costs, with expectations for a slowdown ahead.
Home Bargains Croydon Store Opening Date Announced
The new Home Bargains store in Croydon will open on January 24, creating 55 jobs. The 11,550 sq. ft discount retailer is part of the company's expansion plans across the UK.
BA Flight Returns to Heathrow After Failed Inverness Landing
A British Airways flight from Heathrow to Inverness was forced to return to London after poor visibility prevented landing, leaving passengers on a 3.5-hour round trip.
£85k 'Lady-in-Waiting' Job Offered by Ultra-Rich Londoner
An ultra-high net worth woman in central London is hiring a personal assistant for £85,000 a year to provide companionship and manage social engagements.
UK Tourists to Pay £17 Fee for European Travel in 2026
British holidaymakers will need to pay a £17 ETIAS visa-waiver fee to visit 30 European countries from late 2026, as the EU introduces new border security measures.
Earn £400 Monthly Renting Your Car in London
With Zipcar's UK exit creating market demand, Turo enables Londoners to rent personal cars to strangers, averaging £400 monthly income while providing flexible local hire options.
Ninja Foodi Multi-Cooker Price Cut to £129.99
The Ninja Foodi 8-in-1 PossibleCooker, praised as a 'multitasking hero', sees a £20 price reduction. This 8-litre appliance offers eight cooking functions and costs just 33p per hour to run.
Greece's New €250K Startup Visa for Brits
Greece introduces a budget-friendly €250,000 startup investment visa, offering Brits EU residency without requiring property purchase or permanent relocation.
Von der Leyen Urges European Independence at Davos
European Commission President Ursula von der Leyen calls for a more independent Europe in response to global shifts, highlighting a pending trade deal with India.
Australia's Economic Resilience Under Trump's Policies
One year into Donald Trump's presidency, Australia's economy shows surprising strength despite fears of trade wars and protectionism, with beef and gold exports booming.
Musk Floats Ryanair Buyout After Calling CEO 'An Idiot'
Elon Musk has suggested buying Ryanair in a social media poll, escalating a public spat with CEO Michael O'Leary over Starlink installation costs and fuel efficiency concerns.
Nickname Power: Spice Girls to Legal Changes
A viral story of a five-year-old legally changing her name to her nickname sparks debate on the impact of nicknames in culture, workplaces, and personal identity.
Water Industry's £104bn Investment Faces Major Hurdles
Water companies across England and Wales are embarking on their biggest ever spending programme, but face contractor shortages, inflation pressures, and regulatory overhaul.
Tech Leaders' Gains After Trump Inauguration Attendance
Mark Zuckerberg, Jeff Bezos, Sundar Pichai and Elon Musk attended Donald Trump's 2025 inauguration, with their companies benefiting from billions in funding and diplomatic support over the following year.
Nandy to Refer Daily Mail's Telegraph Takeover to Regulators
Culture Secretary Lisa Nandy intends to ask Ofcom and the Competition and Markets Authority to examine the £500m takeover of the Telegraph by Daily Mail & General Trust.
UK Government Drops Carillion Audit Reforms
The UK government has abandoned its long-promised audit reforms, eight years after the collapse of Carillion exposed systemic flaws in the audit market.
Trump Tariff Threats Trigger Worst Wall Street Day Since October
US and European stock markets tumbled as Donald Trump's tariff threats against eight European nations created investor panic, with Wall Street seeing its sharpest decline since October.
Netflix Sweetens Warner Bros Bid with All-Cash Offer
Netflix has enhanced its $82.7bn bid for Warner Bros Discovery by switching to an all-cash deal, aiming to accelerate completion and block Paramount's hostile takeover attempt.
UK Warm Homes Plan: No Gas Boiler Ban, £2.7bn for Heat Pumps
The UK government's £15bn warm homes plan aims to upgrade 5 million homes, cutting energy bills by up to £1,000 annually, with £2.7bn for heat pumps but no phase-out date for gas boilers.
Trump Fed Threat May Force RBA Rate Cuts
Experts warn if Donald Trump gains control of the US Federal Reserve, the RBA might be forced to cut interest rates to counter a stronger Australian dollar, risking inflation.
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