Britain Financial News
20.02 / 16:05
markets
Target
show
reports
UK shareholder activism rises 28% as US activist investors take aim at Europe
This made the UK the domicile in Europe most heavily targeted by activist investors, according to the Shareholder Activism Annual Review report from Diligent Market Intelligence. The report revealed that 2024's increase followed a drop in 2023 from the figures seen in 2022, when the number of UK companies subjected to activist demands declined from 43 to 36 year-on-year. UK companies under fire as US activist attacks reach three-year high However, in Europe investor activism has been showing rising success, with 24 board seats gained through settlement during 2024 compared to 11 i...
20.02 / 16:03
20.02 / 12:59
COST
NIC
economy
UK consumer confidence dips in February as worries mount over rising NIC and energy costs
This was a drop from -34 in January and marked the fifth consecutive monthly fall in the UK's economic expectations, according to BRC and Opinium data. At the same time, consumer confidence was almost 40 points down from the latest read back in July. Buoyant January precedes pressure costs for retailers Respondents' take on their personal financial situation dropped from -4 in January to -11 in February, but consumers' personal spending rose from -9 to -5 over the period. Helen Dickinson, chief executive of BRC, said: «People's expectations of the economy reached a new low, havi...
20.02 / 09:51
markets
UPS
Trade
country
reports
International
Scotch, whiskey & more: Why the world is raising a toast to Indian tipplers
United Breweries, AB InBev and Carlsberg — will invest over Rs 3,500 crore to set up breweries in India in 2025, the highest capex announcement by them for a year in over a decade, ET has reported.
20.02 / 09:19
Target
Sustainability
Saba takes aim at plethora of UK stocks as it shorts De La Rue
According to the Financial Conduct Authority's daily short disclosures, Saba took out a 0.78% short position on De La Rue. De La Rue is not new to encounters with activist investors, as activist investment fund Crystal Amber wrote to the board of the De La Rue's board in March 2023 to request its chair to be removed. Saba Capital launches next round of trust activism targeting transitions to open-ended structure After sustained pressure from the company's third largest shareholder, chair Kevin Loosemore subsequently resigned a couple of weeks later, leading to a delay in De La Rue...
20.02 / 08:37
20.02 / 05:51
markets
Progressive
Strategy
Puzzle
performer
track
testing
SBI Clerk Exam 2025 Preparation Tips: Here are last-minute section-wise ideas to improve your score
State Bank of India (SBI) will conduct its Clerk prelims exam on February 22, 27, and 28, and March 1, 2025. The exam aims to fill 14,191 Clerk (Junior Associate) positions for 2025-26. The computer-based test will consist of English Language, Numerical Ability, and Reasoning Ability sections.
19.02 / 22:09
markets
UPS
economy
Trade
War
reports
New listings soar in Canada's housing market as tariff uncertainty weighs on sales
Uncertainty around tariffs and a potential trade war with the United States were the likely culprits behind home sales falling off during the last week of January, according to the Canadian Real Estate Association (CREA). That weakness pushed national sales down 3.3 per cent compared to December, CREA said in its latest housing report.
19.02 / 15:35
markets
Parke
show
performer
song
Headlines
International
Sabrina Carpenter adds second BST Hyde Park show in 2025 – Ticket details, lineup and more
Sabrina Carpenter's fans in the UK, who were left disappointed after tickets for her July 5 show sold out, now have another chance to watch the singer perform live.
19.02 / 15:35
markets
COST
BBC
Overwatch
show
Investigations
International
Vigil Season 3: What we know about renewal, new setting, characters and plot of BBC series
Suranne Jones, will take place in the Arctic Circle. The story will focus on a secret British mission where a soldier is killed. Detectives Amy Silva and Kirsten Longacre will investigate the case while dealing with political tensions.
19.02 / 15:03
19.02 / 15:03
markets
Waters
BBC
reports
evacuation
Investigations
England’s Surrey sinkhole grows bigger: Swallows road and forces residents to flee
Godstone High Street, Surrey, UK, prompting Surrey County Council to declare a major incident.
19.02 / 15:03
markets
Action
Sustainability
community
Experts
Universities
innovations
UK-India knowledge exchange workshop strengthens Meghalaya's climate action through AI-driven solutions
UK-India Knowledge Exchange on AI driven Climate Modelling Centre and Policy Making marks a significant step in strengthening Meghalaya’s climate action by combining UK expertise to advance climate science with India’s deep regional knowledge.
19.02 / 12:21
CEO
LSE
Trade
Glencore considers ditching LSE primary listing
In its 2024 preliminary results presentation today (19 February), Glencore said it is currently looking at an «optimal location for our primary listing» to bolster value for the company's shareholders. Number of UK companies mulling moving their listing doubles in 12 months «We are not saying the London Stock Exchange is bad,» Glencore's CEO Gary Nagle stated, adding that the firm is considering whether there is «a better exchange for us to trade our securities». «The joy of not doing it immediately but doing it soon is that we continue to buy back our own stock cheap, so before we...
19.02 / 09:19
Reuters
2020
Inflationary pressures 'far from tamed' as CPI comes in higher than expected at 3%
According to data from the Office for National Statistics (ONS), the UK Consumer Prices Index (CPI) came in 0.2 percentage points above the 2.8% figure forecast by economists polled by Reuters. Chief economist at the ONS, Grant Fitzner, said «the rise was driven by air fares not falling as much as we usually see at this time of year, partly impacted by the timing of flights over Christmas and New Year», making last month the weakest January dip since 2020. Bank of England slashes interest rates by 25bps to lowest level in 18 months Also driving this spike was an increase in the co...
19.02 / 06:05
19.02 / 04:45
markets
security
stage
Scandals
International
cricket
Champions Trophy 2025: Doping, punching & more; 5 most spoken controversies of the ICC event
ICC Champions Trophy has not only been a stage for exhilarating cricket but also a battleground for numerous controversies that have captured global attention.
19.02 / 00:59
markets
UPS
BLOCK
Analysis
Continental
Trade
International
Mittal family company sells Rs 8,485-crore of Airtel shares in block deals
Indian Continent Investment (ICIL), a Sunil Mittal-led promoter group entity of Bharti Airtel, on Tuesday sold a 0.84% stake, or 51.1 million shares, in India's second-largest telecom carrier through block deals for ₹8,485.11 crore. Of the shares sold, 12 million were acquired by Bharti Telecom (BTL)-the main promoter-level controlling company of Bharti Airtel-while the balance shares were lapped up by a host of global and local marquee investors including GQG Partners, Fidelity, Lazard, ICICI Prudential MF and SBI Life, according to people familiar with the matter. Mittal family-backed ICIL sold shares at ₹1,660 apiece, as per the block deal data.
10.02 / 08:57
markets
Action
Trade
Cycling
recommendations
UK Settlement Task Force sets out timeline for T+1 transition
Globally, financial markets have been moving in droves towards a shorter settlement cycle, from two days after the execution of a trade to one day, known as the T+1 cycle. According to the plan, UK cash equities will first be eligible for settlement on a T+1 cycle from 11 October 2027. The AST has also set out a defined UK T+1 Code of Conduct (UK-TCC), which includes the scope, a timetable of recommended actions to bolster market practices and a set of expected behaviours that UK market participants must oblige by to meet their legislative obligations under the new regime. ESMA r...
10.02 / 08:57
singer
Fresenius
BP's share price rallies 6% after US activist hedge fund Elliott builds stake
The Delaware-based investment company, which is known for its activist shareholder campaigns at companies including GSK and Germany's Fresenius, is led by Paul Singer, who is recognised for his high-profile, and often aggressive dealmaking. US activist investor Elliott Management takes 5% stake in Scottish Mortgage The US hedge fund has had an ongoing presence among UK firms, most recently in Scottish Mortgage when it took a 5% position last March and before that it was well-known for its public battle with Alliance Trust. In 2015, the firm used its position as the trust's largest ...
breaking news about Britain
What is the current situation in Britain?
In Britain, the spotlight is on socially significant developments that affect the region’s daily life.
Where can I find reliable news about Britain?
We publish verified updates about the situation in Britain, based on information from regional journalists.
What shapes the media agenda in Britain?
The news landscape of Britain is shaped by the region’s internal dynamics, reflecting its specific characteristics.