Universal UK resort ‘could bring £50bn economic boost’
Universal's first UK theme park is expected to be open all year round and will potentially generate nearly £50bn of economic benefits for the UK. That's according to the company's…
Section
News
The latest news news and analysis from the Financial News newsroom.
- Stories
- 1,835
- Follow
- RSS feed
All stories
1,151–1,160 of 1,835
Slowdown in pay growth as weekly wages rise £16 in 14 years
Average wages have risen by just £16 a week since 2010 when inflation is factored in, according to new research. Think tank the Resolution Foundation said that workers have experienced…
Interest rates held at 5.25%
The Bank of England has confirmed that interest rates will remain at 5.25%, highest level for 16 years. At its latest meeting, the Bank's nine-member Monetary Policy Committee (MPC) voted…
UK inflation falls to 2% target
Consumer prices rose by 2.0% in the 12 months to May, down from 2.3% in April, according to the latest data. It means that inflation has reached the Bank of…
House purchases delayed ahead of expected rate cut
Buyers are waiting for interest rates to come down before purchasing a new home, research suggests. A regular survey of chartered surveyors found that demand for homes had weakened in…
High pay growth could delay interest rate cut
Wage growth for UK employees remains strong, potentially lowering the prospect of a pre-election cut in interest rates. In the year to February to April 2024, pay grew by an…
Greggs expands manufacturing capacity with new site
High street bakery chain Greggs has signed a lease on a new state-of-the-art frozen production and logistics site in Derby. It comes as the company continues to expand its presence…
Labour pledge to extend help for first-time buyers
A mortgage guarantee scheme for first-time buyers will become permanent if Labour wins the upcoming general election. Party leader Sir Keir Starmer said he wanted to "turn the dream of…
Astrazeneca completes $2.4bn acquisition of Fusion
Biopharmaceutical company AstraZeneca has finalised its acquisition of Canadian cancer specialist Fusion Pharmaceuticals Inc for a total of $2.4bn (£1.88bn). Fusion Pharmaceuticals is a clinical-stage biopharmaceutical company focused on next-generation…
CMA to examine Nationwide-Virgin merger
Nationwide Building Society's planned acquisition of Virgin Money is to be investigated by the UK's competition watchdog. The Competition and Markets Authority (CMA) informed the two companies on Friday that…
Page 116 of 184