Economy

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<?xml encoding="utf-8" ?????????>Thames Water, facing a deepening financial crisis compounded by shareholder disinvestment, has submitted a revised business plan to the regulator, proposing an unprecedented 56% increase in customer bills over the next five years.The drastic measure comes amid heightened

<?xml encoding="utf-8" ?????????>In a strategic move to solidify family control over the LVMH luxury conglomerate, Bernard Arnault, the world’s wealthiest individual, has elevated two more of his children to the company’s board of directors.Alexandre and Frédéric Arnault, aged 31 and

<?xml encoding="utf-8" ?????????>In a bid to fortify supply chains and rejuvenate domestic manufacturing, UK firms are poised to inject a staggering £338 billion into re-industrialization initiatives over the next three years.Research conducted by professional services firm Capgemini reveals a substantial

<?xml encoding="utf-8" ?????????>Hipgnosis, the renowned British music royalties investment fund boasting rights to hit songs by artists ranging from Beyoncé to Neil Young, has greenlit a $1.4bn takeover bid by Concord Chorus, a rival specializing in music and theatrical rights.The

<?xml encoding="utf-8" ?????????>AI-driven business finance comparison site, FundOnion, has announced plans to facilitate over £1 billion in funding to help up to 25,000 SMEs grow over the next four years.The plans come as the small business finance platform continues to

<?xml encoding="utf-8" ?????????>The phrase ‘purpose-driven’ is thrown around in business parlance, but what does it mean and can it go hand-in-hand with growth and profitability?The two may sound mutually exclusive, with ‘profit’ in moral conflict with ‘purpose’. But they can,

<?xml encoding="utf-8" ?????????>The UK’s rental market has witnessed an unprecedented surge in prices, with rents rising by a record 9.2% over the past 12 months, according to data from the Office for National Statistics (ONS).While this marks the highest annual