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Google investment boosts UK growth ahead of Trump visit
The United Kingdom received a major vote of confidence today as Google confirmed plans to invest £5 billion in new projects in Britain ahead of U.S. President Donald Trump’s state visit.
AstraZeneca pauses £200m Cambridge investment citing policy concerns
AstraZeneca has paused a £200 million investment in its Cambridge research facility, citing concerns about UK healthcare investment policy, government drug expenditure levels and uncertainty over market returns.
Goldman Sachs says UK tax hikes have a poor record of fixing finances
Goldman Sachs has cautioned that raising taxes again is unlikely to deliver a durable improvement in Britain’s fiscal position, warning that higher levies can depress growth and keep interest rates higher for longer.
Anglo American agrees $53 billion merger with Teck Resources
Anglo American agreed on Tuesday to merge with Canada’s Teck Resources in a transaction valued at $53 billion, bringing together two major miners with London and Toronto footprints and reshaping the global base metals landscape.
BoE rate cut expectations pushed back
The Bank of England’s path to interest rate cuts was pushed further out on Tuesday as HSBC and Deutsche Bank updated forecasts that now point to a longer period of restrictive policy.
UK signals visa cuts for countries refusing to accept migrant returns
Britain said on Monday it could cut the number of visas granted to countries that refuse to take back migrants who have no right to remain in the UK, following talks in London with allies in the Five Eyes intelligence partnership.
Ofwat imposes £86 million penalty on Anglian Water and South West Water
UK regulator Ofwat on Tuesday confirmed a total penalty of £86 million against Anglian Water and South West Water for failures to maintain sewage works and networks, escalating pressure on the industry amid public anger over pollution incidents.
Brad Pitt’s Plan B sets up UK outpost as studios chase European work
Plan B Entertainment, the Los Angeles production company co‑founded by Brad Pitt, is launching a UK business to expand film and TV output for European broadcasters and streamers, the Financial Times reported on Thursday.
Softer oil and a weaker dollar offer modest relief for UK inflation
Oil extended declines into Thursday’s European morning while the dollar weakened on rising expectations of US rate cuts, offering marginal relief to the UK’s inflation arithmetic ahead of the autumn Budget.
UK company bosses are steering clear of Reform UK’s Birmingham conference
with most large corporates opting to send public affairs specialists rather than chief executives, the Financial Times reported on Thursday.
Lloyds plans could put 3,000 staff at risk
Lloyds Banking Group is preparing a sweeping performance management reset that could place roughly 3,000 employees at risk of dismissal, after ranking the bottom 5 percent of its 63,000‑strong workforce for targeted improvement, according to reports on Thursday.
Rise of revenge quitting among U.K. Workers
A growing number of U.K. employees are engaging in “revenge quitting,” resigning in dramatic fashion to express frustration with workplace conditions, according to a recent survey, highlighting broader issues of job satisfaction and retention in the corporate sector.
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