Category: Bussiness

Find out what’s happening with mortgage rates today and calculate monthly repayments across a range of different rates and deals. 11 July: Competition Intensifies Ahead Of Bank Rate Cut Barclays is cutting selected fixed rates for residential purchase and remortgage by up to 0.33 percentage points, laying the gauntlet down to other lenders with its...

A prominent financial technology company part-owned by Legal & General (L&G) is in talks about a merger that would create one of Britain’s biggest non-bank consumer lenders. Sky News has learnt that Salary Finance, which advances employees’ wages to them, and Oakbrook, a tech-enabled lending platform, are expected to be combined following talks between their...

Scotland’s hospitality businesses are finding new ways to adapt to challenging market conditions as they look to appeal to visitors throughout 2024 and beyond. From wine safaris, where guests explore Scotland’s countryside, to developing wedding venues and corporate event spaces, Scotland’s hospitality businesses are expanding their services to draw in visitors. The past few years...

The Financial Conduct Authority (FCA) has given the green light to the biggest shake-up of the rules it uses to govern Britain’s listed companies in three decades. The leading financial regulator hopes the reforms, due to come into effect on 29 July, will reverse the recent downturn in the UK stock market’s fortunes. There has...

An Edinburgh business owner dedicated to helping individuals navigate the process of dealing with a deceased person’s estate independently has been recognised by the prestigious Great British Entrepreneur Awards for his unique approach to market. Having spent several years working for a diminutive legal auditing firm, Mike Davis was inspired to launch My Probate Partner...

The fields for the men’s and women’s golf competitions at the Paris Olympics have been announced by the International Golf Federation, with 32 countries represented in the men’s competition and 33 in the women’s field, across all six different continents. Paris 2024 will mark the fifth time that golf has been featured as an...

The new environment secretary has summoned the bosses of most of Britain’s water companies for urgent talks amid signs that Labour will take a tougher approach to regulating the industry. Sky News has learnt that Steve Reed will hold talks with executives from all 16 of the suppliers in England and Wales, including Thames Water,...

The chancellor, Rachel Reeves, is launching a £7.3bn national wealth fund, as part of a drive by the newly elected Labour government to attract billions of pounds of private sector cash for big infrastructure projects across the UK. The NWF, which Reeves said would be established “in less than a week”, is designed to help...

The UK has launched a multi-billion pound national wealth fund to power green invest and infrastructure development in an effort to grow the economy. So far £7.3bn in state funds has been allocated so investments can be made “immediately” in areas such as ports, manufacturing and renewable energy. The move is part of Labour’s plans...

The Chancellor Rachel Reeves and the Business Secretary, Jonathan Reynolds have today instructed officials to immediately begin work to align the UK Infrastructure Bank and the British Business Bank under a new National Wealth Fund that will invest in the new industries of the future. It comes as Reeves and Ed Miliband, Secretary of State for...