Business

Lloyd’s of London, the world’s oldest insurance market, expects to incur losses of about $2.3 billion from the Californian wildfires, according to its preliminary 2024 results. While such claims will dent profits next year, Burkhard…

Thank heavens, indeed, for Mark Carney. After watching his Thanksgiving address, I’ve never been more delighted at the thought that the next Prime Minister of Canada could be one of the most able public figures…

The UK’s official company register contracted at the close of 2024, marking the first recorded decline since Companies House began publishing statistics in 2012. There were 5,408,707 businesses listed on the register at the end…

Made in Britain, the not-for-profit organisation behind the official trademark for UK manufacturing, has forged a new partnership with Lincoln-based digital marketing agency Carrington. The move aims to raise the profile of British-made products, support…

The government is to transform the way it funds and manages AI experiments and digital projects, hoping to cut wasteful spending, drive innovation, and provide more efficient public services as part of its Plan for…

Manchester has steadily evolved into a major legal powerhouse over the past 15 years, according to Ed Foulkes of Clarke Willmott LLP. Ed, who leads the firm’s corporate team, notes the striking influx of national…

Spanish energy giant Iberdrola has urged Shadow Chancellor Rachel Reeves to reconsider her party’s plans to introduce regional electricity pricing, arguing it could jeopardise billions of pounds of investment in British wind farms. The proposal,…

Businesses across the UK are becoming increasingly wary of borrowing, with research suggesting that rising numbers of peers falling into financial distress is fuelling the caution. Figures released this week by the British Business Bank,…

Real wages in London have slumped by 5.6 per cent since 2008, once inflation is accounted for, according to the latest figures for 2023. Only Nottingham has suffered a bigger drop in earnings, at 8.6…

Elon Musk’s Starlink has been awarded a five-year contract worth £85,000 to bolster internet services for GP practices and administrative offices across remote parts of the North East and North Cumbria. The deal, which involves…