Chiltern Railways Renationalised After Three Decades
Business & Markets • 4 days ago
The operator is the tenth rail company to join Great British Railways, with the government aiming to improve services and capacity.
Business & Markets News
GSK Forges Comeback in China with Blood Cancer Drug Push
Business & Markets • 4 days ago
The pharmaceutical giant, previously fined heavily for bribery, is re-engaging with the Chinese market through strategic partnerships and drug acquisitions, focusing on oncology.
Landlord Tax Increases Could Drive Up Rents, Warns Paragon Bank
Business & Markets • 4 days ago
Paragon Bank chief Nigel Terrington cautions that higher taxes on landlords could lead to increased rental prices due to reduced supply and higher demand.
Refineries Emerge as Key Bottleneck in Global Energy Supplies
Business & Markets • 4 days ago
Disruptions from Middle East conflicts and the Ukraine war have highlighted the critical role of refining capacity in meeting diesel demand.
Costco Brings Back Fan-Favorite Churro to U.S. Food Courts
Business & Markets • 5 days ago
The beloved cinnamon-sugar dessert returns for a limited time, sparking excitement and debate among shoppers.
Corporate Bonds May Offer Opportunities Despite Federal Reserve Rate Hikes
Business & Markets • 5 days ago
Factors such as economic health and reduced tech company debt issuance could support the corporate bond market.
Concerns Rise Over Insurer Investments in Risky Assets Amidst Chelsea FC Stake Sale
Business & Markets • 5 days ago
The sale of stakes in Chelsea Football Club by Mark Walter and Todd Boehly highlights a growing trend of private equity firms acquiring insurance assets, raising red flags for regulators and pensioners.
Pound Weakens as Bank of England Holds Interest Rates Amid Global Hikes
Business & Markets • 5 days ago
Sterling experiences its steepest weekly decline since May after the Bank of England's decision to maintain rates contrasts with aggressive monetary tightening by other major central banks.
UK Supermarket Basket Soars 50% in Four Years
Business & Markets • 5 days ago
Analysis reveals a £25 shopping basket from September 2020 now costs nearly £38, driven by rising energy, labor, and supply chain costs.