Leeds Building Society, a prominent UK lender, has embarked on a trial initiative to suspend new holiday-let mortgages in select popular tourist destinations, aiming to address concerns raised by campaigners regarding housing availability in affected areas.
Nationwide Building Society, a stalwart of the UK financial landscape, has unveiled plans for a significant restructuring effort, putting over 300 jobs at risk in its latest round of cuts within the past year.
Sir Jim Ratcliffe, the billionaire behind Ineos, is making strides in sustainability with the launch of the all-electric version of the Ineos Grenadier 4×4, named the Fusilier.
Paula Vennells, the former chief executive of the Post Office, has officially been stripped of her Commander of the Order of the British Empire (CBE) title by the King, following accusations of “bringing the honours system into disrepute”.
In a clash of titans within the chocolate industry, Tony’s Chocolonely finds itself embroiled in a legal dispute with Milka, one of Europe’s leading chocolate manufacturers.
The landscape of job recruitment has shifted, with companies no longer offering substantial pay increases as incentives for job changes, according to Hays, one of Britain’s largest recruiters.
Vauxhall’s parent company, Stellantis, has announced plans to commence electric vehicle production at its Luton factory, securing the long-term future of the plant and 1,500 jobs.
Banking giant Lloyds has allocated £450 million to cover potential costs related to an investigation into car finance deals conducted by the UK’s financial regulator, the Financial Conduct Authority (FCA).
Leading economists have cautioned the Lords Economic Affairs Committee that achieving net zero emissions will come with a significantly higher price tag than what the public currently perceives.
Reports suggest that the Abu Dhabi sovereign wealth fund is considering an investment in London’s Heathrow Airport, potentially joining forces with Saudi and Qatari investors.