The number of investment trusts disappearing off the market has spiked during 2024, as mergers and wind-downs have plagued the sector. The total number of investment trust mergers has already…
The first six months of the year saw UK investors bet big on markets and make record deposits into equity funds, with £1.7bn added in June alone. UK investors added…
British teenage sensation Oliver Bearman has signed a multi-year deal to race for Haas following his dazzling Formula 1 debut for Ferrari. Bearman finished seventh after qualifying 11th when called…
Barclays has struck a deal to sell its German consumer finance unit to Vienna-based financial group Bawag as the FTSE 100 lender tries to streamline its operations in continental Europe. The…
Inflationary pressures continued to ease in June, according to a Bank of England survey, but progress may slow in the coming months. The Bank’s decision maker panel, which surveys CFOs…
Sir Jim Ratcliffe has binned plans to build an electric vehicle just months after they were first unveiled, citing falling consumer demand. Production of the Ineos Fusilier SUV in both…
Portugal’s centre-right minority government has said it will bring back a tax break for high-skilled foreigners. The country aims to stimulate growth by attracting the international elite to its shores.…
More than a million new cars were registered in the UK during the first half of the year for the first time since before the pandemic, new industry figures show.…
The construction sector remained in expansion in June, a closely watched survey shows, although the rate of growth eased due to a slowdown in housebuilding. S&P’s purchasing managers’ index (PMI)…
An influential City lobby group has urged the next government to explore methods of penalising start-ups that receive taxpayer-funded support if they later opt to list or move valuable operations…