London (Parliament News) – Britain emerges from recession as economy grows by 0.6% in Q1, marking a return to transition. Stronger growth than expected was driven by the services sector, but challenges remain amid predictions of slow recovery. Britain is officially out
London (Parliament News) – The Bank of England holds rates at 5.25%, hints at potential cuts in June due to positive inflation trends and economic outlook. Members divided, two voting for an immediate cut. Governor suggests June cut possible. The Bank of
London (Parliament News) – Alstom plans to raise €1bn to reduce debt, addressing struggles amid delayed orders and concerns about its Derby factory’s future. The move includes a €750m bond issue as part of a €2bn finance plan. How Does Alstom Plan
London (Parliament News) – Car manufacturers call for urgent action to boost electric vehicle sales, as private consumer demand declines despite fleet sales growth. Suggestions include tax cuts, incentives, and expanding charging infrastructure. Car manufacturers have urged for pressing action to reignite
London (Parliament News) – Heineken plans to invest £39m in reopening and renovating nearly 60 UK pubs, targeting suburban locations to attract remote workers and capitalize on changing consumer habits post-Covid. Heineken is to expend £39m on reopening nearly 60 UK pubs
London (Parliament News) – OECD predicts the UK to be G7’s weakest performer in 2025 due to inflationary pressures and skilled labour shortages. The global economic outlook remains modest but improving, with varied growth rates across major economies. Britain will be the
London (Parliament News) – HSBC CEO Noel Quinn resigns after an ‘intense’ five-year term, overseeing better-than-expected profits. A successor hunt begins as the bank looks to sustain growth. Quinn reflects on his tenure and plans. The chief executive of HSBC, Noel Quinn,
London (Parliament News) – Chuka Umunna, a former shadow business secretary and current JP Morgan banker, lobbies Labour on behalf of Czech billionaire Daniel Kretinsky for the acquisition of Royal Mail, sparking controversy and union backlash. Who is Behind the Push for
London (Parliament News) – MPs Question Government Transparency on EU Plant and Food Border Checks Lawmakers express concerns over Brexit border control delays, demanding clarity from the UK government on the phased implementation of checks. MPs have raised concerns over the UK
London (Parliament News) – Bank of England cautious on interest rate cuts as UK PMI strengthens, signaling economic recovery amid inflation concerns. The possibility of a summer cut in UK interest rates was reduced on Tuesday after the Bank of England’s chief