Former Swiss finance minister warns about size of enlarged UBS
UBS could be seen as being too big for Switzerland following its takeover of Credit Suisse, former Swiss Finance Minister Ueli Maurer said.
Britain has enough gas, network says amid warnings stores are low
Britain has enough gas, the network operator has said after warnings that stores are at “concerningly low” levels. National Gas said on Friday that supplies remain “healthy” and that Britain i
Which taxes could Rachel Reeves hike to save her fiscal rule?
“Public services now need to live within their means,” Rachel Reeves told a room full of business leaders at the CBI’s annual summit in November, “because I’m really clear, I’m not coming
Pound endures week of misery amid gilt sell-off
The pound came in as the worst-performing G10 currency for a second day running yesterday, as the gilt market continues to trade at decade-long highs. After spiking as high as $1.255 on Tuesday, the p
Tiktok looks to overturn US ban amid concerns over Chinese influence
TikTok representatives are set to appear before the US Supreme Court on Friday, in a final effort to overturn a ban which could force the app out of the States by 19 January, unless it demerges from i
Sainsbury’s staff set for pay hike after bumper Christmas
Retail giant Sainsbury's claims to have won the grocery market share for the fifth consecutive Christmas, with sales up nearly four per cent
MOD urged to learn from Ukraine’s war with Russia and ’embrace AI’
The ministry of defence (MOD) has been urged to swiftly adapt to artificial intelligence (AI)’s potential in defence to avoid falling behind its global adversaries. According to the Defence Committe
Government announces post-Oasis ticket resale clampdown
The government has said it will intervene to tackle ticket touts after a recent wave of frustration around inflated resale prices. As part of the government’s broader Plan for Change, a public consu
FTSE 250 closes down four per cent in worst week since 2023
The FTSE 250 fell almost four per cent this week, experiencing its worst week since August 2023 as fears mount over the stability of the UK economy. With pound sterling sinking and UK gilt yields risi