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Intel shares surge on reports of US Government Investment
Chipmaker stock jumps 3% following Bloomberg report of potential federal backing


Sanofi Expands UK presence with Vicebio acquisition
French pharmaceutical giant secures London-based vaccine developer for over €1 billion


M&S boss pay reaches £7 million despite cyber attack disruption
Marks & Spencer chief executive Stuart Machin received a total compensation package of £7 million for the year ending March 2025, representing a 39% increase from the previous year, despite a devastating cyber attack that knocked out online operations for six weeks


Jared Kushner’s firm acquires stake in British fintech OakNorth
Affinity Partners, the private equity firm founded by US President Donald Trump’s son-in-law Jared Kushner, has signed a deal to acquire an 8% stake in British digital lender OakNorth, according to sources familiar with the transaction.


Associated British Foods Secures Hovis Acquisition
Associated British Foods has announced the acquisition of Hovis Group from private equity firm Endless LLP for an undisclosed sum, marking a significant consolidation in the UK bread manufacturing sector.


Oxford Biomedica Raises £60 Million for US Expansion
Oxford Biomedica has successfully completed a £60 million fundraising through share placing and subscription to accelerate expansion of its US operations, the gene and cell therapy specialist announced today.


Government launches AI crime prevention targeting knife crime
Technology Secretary Peter Kyle announced a groundbreaking artificial intelligence-powered crime prevention programme aimed at creating detailed interactive crime maps to predict and prevent knife, anti social behaviour, and violence against women across England and Wales by 2030.


British insurer Aviva posts 22% jump in first-half operating profit
British insurer Aviva posted exceptional first-half results, reporting a 22 percent increase in operating profit


Spirax Group earnings fall 31% despite steady revenue
Engineering specialist Spirax Group has announced a significant deterioration in profitability for the first half of 2025, with earnings per share falling to £0.85 compared to £1.24 in the corresponding period last year.


Chancellor won’t rule Out Inheritance Tax Changes
Chancellor Rachel Reeves has declined to rule out changes to inheritance tax rules as mounting pressure on public finances intensifies speculation about potential revenue-raising measures in the upcoming autumn budget.


Starmer meets Zelensky before Trump-Putin summit
Prime Minister Sir Keir Starmer is hosting Ukrainian President Volodymyr Zelensky at Downing Street today as European leaders prepare for Friday’s highly anticipated summit between US President Donald Trump and Russian President Vladimir Putin in Alaska.


UK GDP growth forecast revised higher for second quarter
The United Kingdom’s gross domestic product is expected to have recorded modest expansion in the second quarter of 2025, with preliminary estimates suggesting a quarter on quarter rise of 0.2%, improving from the previous projection of flat growth
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