Britain Financial News
27.08 / 17:59
27.08 / 17:38
Dash
UK shop price inflation falls for the first time since cost-of-living crisis began
This was a 0.2% drop versus the previous month, contributing to a three0month average of 0%, according to data from the British Retail Consortium-NielsenIQ shop price index. Shop price annual growth stayed at its lowest rate since October 2021, with the non-food category driving the lion's share of the slowdown as retailers attempted to shift their summer stock. Hopes of September ECB rate cut dashed as eurozone inflation jumps to 2.6% The non-food category remained in deflation at -1.5% in August, down from -0.9% in the previous month. According to Helen Dickinson, chief execut...
27.08 / 17:06
UPS
Citi
Pool
WhatsApp
love
reports
The best investment banking jobs of 2024, by the consultants banks love
Banks like Deutsche Bank might be spending less money on consultants this year, but consultants are not entirely obsolete. Goldman Sachs alone imparted $777m on «professional fees» in the first half of 2024. Citi still loves consultants, too, even though McKinsey & Co's work on Citi's data issues doesn't seem to have resolved much.
27.08 / 16:58
UPS
Manufacturing
Sustainability
Discover
reports
International
Shein discloses it found 2 cases of child labor in its supply chain last year
Fast-fashion giant Shein says it has discovered two cases of child labor in its supply chain last year
27.08 / 16:52
27.08 / 16:52
27.08 / 16:28
Citizens
BBC
Trade
country
innovations
gatherings
Features
Ecuador Central Bank: We Do Not Have Power to Ban Crypto
Tim Alper is a British journalist and features writer who has worked at Cryptonews.com since 2018. He has written for media outlets such as the BBC, the Guardian, and Chosun Ilbo. He has also worked...
27.08 / 16:23
FIVE
Manufacturing
Strategy
Southern
Investigations
yachting
Prosecutors are investigating the captain of superyacht that sank off Sicily
Prosecutors in Italy are investigating the captain of a superyacht that sank during a storm off Sicily last week, killing seven people
27.08 / 16:20
FIVE
Manufacturing
Strategy
Southern
Investigations
yachting
Superyacht sinking: Captain under investigation for manslaughter
Prosecutors in Italy are investigating the captain of a superyacht that sank during a storm off Sicily last week, killing seven people, on possible charges including manslaughter, his lawyer said Monday.
27.08 / 16:13
COST
Waves
Action
wellness
pandemic
country
hospital
‘The hangover of inflation’: What’s behind all the recent labour disputes?
Even as the trains start to chug again along Canadian railways, there are fears of another labour dispute among pilots at Air Canada grounding jets across the country in just a few weeks’ time.
27.08 / 16:11
Waters
Manufacturing
Southern
reports
Features
Investigations
yachting
Italian prosecutors open shipwreck and manslaughter investigation into superyacht sinking
Prosecutors in Italy have opened an investigation into culpable shipwreck and multiple manslaughter after a superyacht capsized during a storm off the coast of Sicily
27.08 / 16:11
Art
security
Trade
St James's Place launches £32.9m share buyback
In a stock exchange notice, the wealth manager said the programme will commence today (27 August) and run until the end of the year. The existential threat at the heart of Britain's biggest wealth manager The share buyback's purpose is to «reduce the capital of the company», SJP explained. JP Morgan Securities will carry out the programme and purchase ordinary shares as «riskless capital» and will make «its trading decisions in relation to the ordinary shares independently of, and uninfluenced by, the company», as art of their irrevocable non-discretionary agreement, SJP noted. ...
26.08 / 20:06
Provident
Waves
Progressive
Platform
Strategy
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consequences
Masters of Albion: What we know about release date, platforms, gameplay and trailer
Masters of Albion is an upcoming game from Peter Molyneux's studio, 22Cans. While a release date is not yet confirmed, players can Wishlist the game on Steam. The game promises a blend of strategy, moral choices and God-like powers set in a fictional UK town.
26.08 / 20:06
26.08 / 17:31
markets
UPS
Citi
Booking
Action
Bill
Trade
Morning Coffee: The bonus cap probably won't survive in Europe, either. A chance to go through some billionaires’ bathrooms
If you want to understand the banking industry over the long term, one of the most important principles to learn is that of the “regulatory pendulum”. Things come and go, every action has an eventual reaction. Deregulation brings speculation, speculation causes crisis, crisis leads to harsh regulation. But after a while, every financial centre realises that they might be able to steal a bit of market share by relaxing the rules a little bit, and the deregulatory cycle begins to turn again.
24.08 / 22:44
Provident
Williams
Entertainment
WhatsApp
Duke
2020
reports
This is how much the British Royal family earns; here's the number breakdown
British royal family gets their money from a variety of sources. One important source that is supported by tax dollars is the Sovereign Grant. The Sovereign Grant was £86.3 million, or about $113 million, for the years 2021–2022 and 2022–2023. The Crown Estate, which is in charge of overseeing substantial holdings of land and property, provides the funding for this grant. But the majority of this money is used to fund staff salaries, upkeep of the royal homes, and planning of more than 2,500 events per year. The estimated £369 million, or around $483 million, refurbishment project for Buckingham Palace, which is scheduled to be finished by 2027, is another significant investment, as per the reports of Yahoo entertainment.
24.08 / 20:55
Provident
Entertainment
Universities
hospital
reports
Colleges
Updates
For the first time King Charles says he lost his sense of taste amid his cancer treatment
King Charles III recently provided a rare update on his health during a visit with families in Southport who were affected by a tragic knife attack that claimed the lives of three children. When asked about his well-being amidst ongoing cancer treatment, the King responded with optimism, stating that he was doing “not too bad.” This marks a significant moment as Charles, who was diagnosed with an undisclosed form of cancer in February, has mostly kept his health details private, sharing only occasional updates, as per the reports of Yahoo entertainment.
24.08 / 03:06
Action
Parke
Death
Simulation
show
stage
Equality
How indie games are coming to life on the big stage
Overcooked 2, a 2018 title by small British developers Team17 and Ghost Town Games. Despite having won ‘The Game Award’ and nominated for BAFTAs, this title remained little-known among gamers for the longest time. It has now emerged as a gem of a family game that lets multiple players, including those with no interest in cooking, enjoy time together.
24.08 / 02:50
UPS
Racing
security
Election
WhatsApp
reports
us presidential elections
Not Biden, Clinton levels: 75 days before US Presidential elections, betting odds favor Harris over Trump
polls 2024 is as tricky as it gets after Kamala Harris entered the US Polls 2024 race, and managed to secure a slight lead over Donald Trump, just 75 days before the elections. Meanwhile, this factor of odds slowly coming in favor of Kamala Harris is exciting bettors like anything, as bookmakers from across the world are watching on.
24.08 / 02:41
Target
Citizens
Fighting
WhatsApp
War
rights
US military says drone strike in Syria kills a Saudi militant from an al-Qaida-linked group
drone strike in northwestern Syria on Friday killed a Saudi militant from an al-Qaida-linked group as he was riding on a motorcycle, the U.S. military and a war monitor said. The strike in the Jabal al-Zawiya area of the opposition-held Idlib province was carried out by a U.S.-led coalition that was established years ago to fight the militant Islamic State group. The U.S. military has carried out a series of attacks over the past several years targeting al-Qaida-linked militants in northwestern Syria.
23.08 / 22:14
Discover
President
Experts
Inside
information
stars
reports
Could this 2,492-carat diamond from Botswana be worth $160 million? Here’s all you need to know
diamond discovered in more than a century has been unearthed in Botswana, marking a historic discovery. The stunning 2,492 carat diamond was unveiled during a special ceremony presided over by Botswana's president. This stone, which is about the size of a fist and weighs about a pound, has attracted a lot of interest and enthusiasm, as per the reports of the New York Post. Initial estimates say the diamond may be worth over $40 million, but it is too early to confirm the actual value or complete the sale. The Canadian mining corporation Lucara, which found the diamond at its Karowe Mine, is the source of this information. Some industry insiders, though, think this assessment may be low. Renowned diamond expert Fred Cuellar likened the value of diamonds to that of real estate, where the amount depends on comparable sales in the recent past. Given that a smaller diamond from the same mine sold for $63 million in 2016, Cuellar estimated that the diamond's potential value ranged from $100 million to $160 million.
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