Money Moves

Dyson has reported a significant decrease in profits, nearly halving during a challenging year, which included a reduction of over 25% of its UK workforce. The company, established by Sir James Dyson, has been based in Singapore since 2019, a move intended to secure its future. Despite selling a record 20 million products, Dyson experienced […]

In Liverpool, Chancellor Rachel Reeves indicated potential tax increases in her upcoming November Budget. During her speech, she connected forthcoming difficult decisions to global economic challenges and anticipated findings from the Office for Budget Responsibility (OBR) regarding the UK’s long-term productivity. She stated that “we will face further tests” influenced by both international conditions and

AstraZeneca plans to upgrade its listing on the New York Stock Exchange (NYSE) while maintaining its UK headquarters and presence on the London Stock Exchange. The aim of this transition is to provide better access for U.S. investors who cannot purchase American depositary receipts (ADRs), effectively aligning its NYSE listing with those in London and

At Labour’s annual party conference in Liverpool, Chancellor Rachel Reeves emphasized the government’s commitment to maintaining fiscal stability, stating she would avoid taking risks with public finances. She outlined her intention to keep “taxes, inflation, and interest rates as low as possible,” while acknowledging that upcoming decisions, including potential tax increases in November’s Budget, may

Asahi, the prominent Japanese brewing company, has experienced a cyber-attack leading to a “systems failure” that has disrupted its shipping and customer service operations. The company has clarified that there is no confirmed incidence of personal customer data being leaked and noted that its European operations, including those in the UK, remain unaffected. The cyber-attack

Electronic Arts (EA), a prominent player in the gaming industry, has announced a deal to be sold for $55 billion (£41 billion). The acquiring consortium includes Saudi Arabia’s Public Investment Fund (PIF), Silver Lake, and Jared Kushner’s Affinity Partners. This represents one of the largest leveraged buyouts in history, wherein a significant portion of the

A recent survey conducted by the Bectu union indicates that bullying and harassment remain prevalent in the creative industries, with approximately 69% of women reporting such experiences within the past year. This figure rises to 72% for female workers with disabilities. Following these findings, Culture Secretary Lisa Nandy emphasized the need for decisive action to

Jaguar Land Rover (JLR) has announced plans to resume some production following a cyber-attack that forced the company to halt operations on September 1. This incident impacted manufacturing at its three facilities located in the West Midlands and Merseyside. Initial reports indicate that production is set to recommence at the engine plant in Wolverhampton on

Tanoa Sasraku, a Glasgow-based artist, is preparing for her solo exhibition titled “Morale Patch” at the ICA in London, which runs from October 7 to January 11. The exhibition features a collection of paperweights created by oil companies, each containing a small amount of crude oil at its center. Sasraku describes these objects as attractive

Claire’s, a fashion accessory retailer, has secured its future in the UK through the sale of a significant portion of its stores. Modella Capital, which previously acquired WH Smith high street stores, has confirmed the purchase of “substantially most” of Claire’s UK holdings, as indicated by the joint administrators. This transaction is expected to preserve