The former pensions arm of KPMG, the big four accountant, is to be put up for sale, netting a potential bonanza for its private equity backer. Sky News has learnt that Exponent, the buyout firm, has hired investment bankers at Evercore to sell Isio. City sources said on Wednesday that a deal was not imminent...
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Amazon Strikes Deal for Lionsgate, Starz Content, Including ‘Outlander,’ for MGM+ in U.K.
MGM Studios owner Amazon said Tuesday that its MGM+ has struck a content deal to offer Lionsgate and Starz programming to customers in the U.K., including hit show Outlander. Under the partnership, the MGM-branded service will offer series and movies from Lionsgate and Starz in the U.K., marking the third in a series of content...
Blow for Sunak as revised figures confirm UK went into recession last year
Official figures have confirmed that the UK economy went into recession at the end of last year, after the latest estimate found it contracted in the last two quarters of 2023. In a blow to the government’s economic standing, the Office for National Statistics (ONS) said the economy, as measured by gross domestic product, shrank...
Trump’s wealth surges by $5.5bn as Truth Social starts trading
Donald Trump has entered the ranks of the world’s 500 richest people after shares in his social media company surged on their Wall Street debut. Shares in Trump Media and Technology Group (TMTG), the entity behind Mr Trump’s Twitter rival Truth Social, rose by more than 50pc at one point after it arrived on the...
Third of UK business owners don’t know company value
New research suggests that four-in-ten entrepreneurs across Europe do not know the value of their company. The study by Marktlink found that that figure was better in the UK, but still saw one-third of enterprises hit the same blind-spot. The last two years have seen the European merger and acquisitions market fall off a proverbial...
UK holds China state-affiliated organisations and individuals responsible for malicious cyber activity
The United Kingdom, supported by allies globally, have today identified that Chinese state-affiliated organisations and individuals were responsible for 2 malicious cyber campaigns targeting democratic institutions and parliamentarians. Partners across the Indo-Pacific and Europe also express solidarity with the UK’s efforts to call out malicious cyber activities targeting democratic institutions and electoral processes. First, the...
Too early to cut interest rates, says Federal Reserve
Thanks for joining me. Inflation fell more sharply than expected last month according to the Office for National Statistics. The consumer prices index fell to 3.4pc in February compared to 4pc in January and December. 5 things to start your day 1) Future of triple lock depends on public sector spending cuts, says Hunt |...
CII UK India Business Forum relaunched in London
Prime Minister Narendra Modi and United Kingdom PM Rishi Sunak. File. | Photo Credit: ANI Indian and British business leaders gathered in London on March 19 to relaunch the CII (Confederation of Indian Industry) UK India Business Forum (IBF) following a hiatus that began shortly after the onset of the COVID-19 pandemic. The launch comes...
UK inflation falls to 3.4% in February as food price rises slow
UK inflation fell to 3.4% in February – the lowest level for two and a half years – driven in part by a slowdown in the pace of food and restaurant price rises. The bigger-than-forecast decline in the consumer prices index (CPI) from 4% in January will give a boost to Rishi Sunak, who has...
UK takes major step towards joining Indo-Pacific trade bloc
UK poised to join Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) trade group later this year as the Trade (Comprehensive and Progressive Agreement for Trans-Pacific Partnership) Act receives Royal Assent Business and Trade Secretary Kemi Badenoch signed the accession treaty for Indo-Pacific bloc last July following two years of negotiations With the UK as...
Mortgage News: Halifax Joins Ranks Of Major Lenders Raising Borrowing Costs
We have a suite of mortgage calculators to help you work out how repayments will affect your household finances, what you could save by remortgaging, and the beneficial impact of overpaying. You can also enter your details here to see what’s available on today’s market 24 April: Market Heads In ‘Higher For Longer’ Direction Britain’s...
Report launched into UK’s IP-backed finance landscape
new report launched in London today finds UK meets right conditions to make IP-backed lending to SMEs viable the report – produced by the World Intellectual Property Organization (WIPO) – shows IP-backed lending is becoming more available to UK businesses UK Government announces a new working group led by the UK Intellectual Property Office (IPO)...