Chinese electric vehicle manufacturer BYD has overtaken Tesla in global revenue, cementing its position as a serious contender for dominance in the electric vehicle (EV) market. The Shenzhen-based company reported a 29 per cent surge in global revenues for 2024, reaching 777 billion yuan (£84 billion / $107 billion), crossing the $100 billion milestone for […]
Breadcrumb Trail Links Investor News While strategists see a period of calm ahead, they’ve avoided giving clients a resounding all clear to pile into U.S. equities Author of the article: Bloomberg News Alexandra Semenova Published Mar 24, 2025 • 3 minute read The selloff has left Wall Street conflicted about whether the time has come […]
Genetic testing giant 23andMe has filed for bankruptcy protection in the US as it seeks to sell off its business — placing the personal genetic data of millions of customers in a precarious position. The San Francisco-based company, which rose to prominence with its consumer DNA testing kits, announced on Sunday that it had initiated […]
British manufacturers are facing fresh uncertainty as Donald Trump’s sweeping new steel and aluminium tariffs threaten more than £2.7 billion ($3.43bn) worth of UK exports to the United States — a move that is already prompting order cancellations, price hikes, and long-term strategic questions for exporters. The tariffs, reinstated by executive order as part of […]
The UK’s life sciences sector is falling behind international competitors, missing out on an estimated £15 billion a year over the past decade due to declining foreign investment, falling export share and a drop in clinical trials. This is according to a new report by LEK Consulting for the Society of Chemical Industry (SCI). Despite […]
More than 200,000 jobs in family-run businesses and farms could be lost as a result of upcoming changes to inheritance tax rules, according to new research that warns of a substantial hit to investment, employment and long-term economic growth. A nationwide survey of 4,200 family-owned firms and agricultural businesses — commissioned by lobby group Family […]
Breadcrumb Trail Links News Economy Carney requested the dissolution of Parliament Sunday, triggering the election campaign Author of the article: Bloomberg News Thomas Seal, Brian Platt and Randy Thanthong-Knight Published Mar 23, 2025 • Last updated 0 minutes ago • 5 minute read Liberal Leader Mark Carney, NDP Leader Jagmeet Singh and Conservative Leader Pierre Poilievre. […]
The UK is on course to deliver full-fibre broadband to nearly every household by 2027, according to Ofcom, marking a major milestone in Britain’s digital infrastructure ambitions. In its latest telecoms access review, which will shape broadband regulation from 2026 through to 2031, the communications regulator said that 96% of homes and businesses could be […]
The BBC, ITV, BT and IMG have been fined a combined £4.2 million after admitting to colluding on pay rates for freelance sports broadcasting staff, following a major investigation by the Competition and Markets Authority (CMA). The CMA found that the four companies had shared confidential information to coordinate how much they paid freelancers such […]
JD Wetherspoon saw its shares tumble by 10 per cent after posting lower-than-expected first-half profits, despite solid sales growth across its pub estate. The pub group blamed higher labour and utility costs for the dip in performance, sparking investor concern and a sharp sell-off. Shares in the company dropped 62p to 535p as operating profits […]