Rachel Reeves speaks during a press conference after the China-U.K. Economic and Financial Dialogue in Beijing, on January 11, 2025. | Photo Credit: AP China and Britain restarted economic and financial talks on Saturday (January 11, 2025) after a six-year hiatus during a visit by Britain’s Treasury chief to Beijing, as the U.K.’s Labour government...
Category: Bussiness
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China and UK restart economic and financial talks after 6-year hiatus
TAIPEI, Taiwan — China and Britain restarted economic and financial talks on Saturday after a six-year hiatus during a visit by Britain’s Treasury chief to Beijing, as the U.K.’s Labour government seeks to reset strained ties with the world’s second-largest economy. Rachel Reeves traveled to Beijing accompanied by a delegation of British business leaders and...
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Support for Ukraine is unwavering as UK announces new sanctions on Russian oil giants
For the first time, the UK and the US are directly sanctioning Gazprom Neft and PJSC Surgutneftegas, 2 Russian oil giants. These energy companies produce over 1 million barrels of oil per day between them – worth roughly $23 billion a year at current prices, more than the GDP of Jamaica. The profits from these 2 companies are lining...
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‘Game-Changing’ Probe Into UK Ticketing Business Launches Following Oasis Surge Pricing
LONDON — The British government has launched a public consultation into the ticketing industry, including the heavily criticized use of dynamic pricing for popular tours, as part of wider efforts to stop music fans from “being fleeced” by “greedy ticket touts.” The 12-week consultation was announced by the Department for Business and Trade and Department...
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Reconomy commits to 100% renewable electricity across its UK business
Circular economy specialist Reconomy has promised to switch to 100% renewable electricity, sourced from solar, wind and hydro power, across its UK business. Reconomy has partnered with Bryt Energy to switch to renewable electricity as part of its global sustainable procurement strategy to reach net zero and key climate targets. Bryt Energy, part of the...
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How Collinson Grant helped Highwood Consultants ‘ready for growth’
When the UK business of Highwood Consultants sought to address a decline in trade, it brought in advisors from Collinson Grant for support. The consultants implemented a recovery plan which helped to stabilise the firm, and prepare it for future growth. Founded in 1995, Highwood Consultants is a Cheshire-based firm which manufactures synthetic timber...
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Lisa Macpherson-Fletcher named private client tax partner for RSM in Edinburgh
Audit, tax and consulting firm RSM UK has appointed Lisa Macpherson-Fletcher as tax partner. She joins the firm in its private client advisory team. Lisa Macpherson-Fletcher commented, “I am excited to be working with a diverse range of businesses and a dynamic, client focused team of experts at RSM. I particularly love working closely with...
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Google Cloud names new VP for the United Kingdom and Ireland – Comms Business
Maureen Costello joins Google Cloud from Microsoft. Google Cloud has announced the appointment of Maureen Costello as vice president for the United Kingdom and Ireland and Sub-Saharan Africa. In her new role, Costello (pictured) will oversee the company’s sales strategy and operations across both regions. She has nearly three decades of industry experience, most...
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A Review of the Workwear Market in the United Kingdom – London Post
The UK workwear market is dynamic and evolving, reflecting wider trends in industry, fashion and technology. As a key element of occupational safety and corporate identity, workwear serves a diverse range of industries, including construction, healthcare, hospitality and manufacturing. The below is an overview of the current state and trends shaping the UK workwear market....
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UK’s CFIT to Launch Coalition Focused on Small Business Finance | PYMNTS.com
The Centre for Finance, Innovation and Technology (CFIT) said Tuesday (Jan. 7) that Mastercard and Lloyds Bank agreed to partner with it and fund its new industry-led coalition that will develop solutions to help the United Kingdom’s 5.6 million small businesses raise external finance. The coalition will be launched during the first quarter, and additional...
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Yahoo Finance – stock market live, quotes, business and finance news
Mag 7 is turning to ‘lag 7’: How to play tech in 2025 Piper Sandler managing director and chief market technician Craig Johnson joins Josh Lipton on Market Domination. He suggests that, although stocks like Apple are trending upward, the “Magnificent Seven” — which comprises Nvidia (NVDA), Alphabet (GOOG, GOOGL), Tesla (TSLA), Microsoft (MSFT), Amazon...
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Charli XCX and Taylor Swift Help Lift UK Music Streams to Record High – But Proposed AI Regulations Threaten Growth
LONDON — Proposed changes to U.K. copyright law that would allow tech companies to freely use songs for AI training without permission threaten to place the country’s status as a “world music power” at risk, record labels trade body BPI has warned. In 2024, hit records by Charli XCX, Sabrina Carpenter, Coldplay and Taylor Swift...