Thursday, November 5, 2026 · novaryn.co.uk
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40 result(s) for “Business”

Business & Finance · Oct 19, 2026

FTSE 100 caps best week in six months as investors seek safety ahead of UK budget

London’s FTSE 100 notched its strongest weekly gain since April as investors shifted into defensive sectors and reacted to reassurances from Chancellor John Healey ahead of the October 28 budget. The move highlights market caution over AI sector weakness and rising gilt yields, and raises stakes for Healey’s fiscal plans.

Business & Finance · Oct 15, 2026

UK economy unexpectedly expands in August, giving Chancellor a pre budget boost

Official data released on October 15, 2026 shows UK GDP rose 0.1 percent in August, defying forecasts for a contraction. The surprise growth, led by manufacturing and computer programming, shifts market and policy expectations ahead of the autumn Budget and a likely Bank of England rate review.

Business & Finance · Oct 13, 2026

Whitbread pushes back against activist investor as EGM set for November 9

Whitbread, owner of Premier Inn, published a shareholder circular on October 13, 2026 urging investors to reject Corvex Management’s demand for a board seat after reporting stronger than expected first half results. The dispute crystallises a wider investor debate over strategy at one of Britain’s largest hospitality groups.

Business & Finance · Oct 8, 2026

Lindsell Train Investment Trust holds shareholder vote in London over 20 percent tender offer

The Lindsell Train Investment Trust held a general meeting in London on October 8, 2026, to seek shareholder approval for a tender offer to repurchase up to 20 percent of its issued share capital at a five percent discount to net asset value. The vote is the latest move by UK investment trusts to narrow persistent discounts to their NAVs and rebuild investor confidence after years of underperformance.

Business & Finance · Oct 7, 2026

HSBC to Slash UK Wealth Adviser Ranks as Bank Accelerates AI Push

HSBC is reported to be planning sweeping job cuts across its UK wealth management arm, cutting around half of management and specialist roles and up to 70 percent of financial adviser positions as it shifts to AI-driven client servicing. The move deepens questions about the future of advice jobs, regulatory oversight and the structure of Britain’s wealth sector.

Business & Finance · Oct 6, 2026

UK energy price cap rise and VAT cut aftershocks deepen pressure on households and firms

Ofgem raised the energy price cap for October to December 2026, while the government rebate of VAT on domestic electricity, introduced earlier in October, leaves a gap between headline help and bills many households will still face. The combined measures are reshaping household budgets and corporate cost forecasts ahead of the Autumn Budget.

Business & Finance · Oct 5, 2026

BT buys TalkTalk out of administration in government backed rescue to protect services

BT Group has agreed a deal to acquire TalkTalk’s consumer and wholesale operations after the broadband provider entered administration. The emergency sale, urged by ministers, aims to keep services running for 2.5 million customers and safeguard public sector connections while triggering a fast regulatory review.