Faarea Masud Business reporter, BBC News Getty Images Tough choices are “unavoidable” as the government finalises spending plans for areas ranging from the NHS and defence, to schools and the criminal justice system, a think tank has warned. The Institute for Fiscal Studies (IFS) said the level of spending on health would dictate whether cuts…
Angel Zheng at Isshiki Matcha in New York, NY on May 21, 2025. Lisa Kailai Han | CNBC Angel Zheng is relying on the Japanese principle of “ikigai” to turn her passion for matcha — a powdered green tea with a unique taste and purported health benefits — into building what she hopes will be…
Sarah Kapnick started her career in 2004 as an investment banking analyst for Goldman Sachs. She was struck almost immediately by the overlap of financial growth and climate change, and the lack of client advisory around that theme. Integrating the two, she thought, would help investors understand both the risks and opportunities, and would help…
A person picks out clothing in a store as retailers compete to attract shoppers and try to maintain margins on Black Friday, one of the busiest shopping days of the year, at Woodbury Common Premium Outlets in Central Valley, New York, U.S. November 24, 2023. Vincent Alban | Reuters Consumers who hoped tariffs would not…
Jamie Dimon, CEO of JPMorgan Chase, testifies during the Senate Banking, Housing and Urban Affairs Committee hearing titled Annual Oversight of Wall Street Firms, in the Hart Building on Dec. 6, 2023. Tom Williams | Cq-roll Call, Inc. | Getty Images The more Jamie Dimon worries, the better his bank seems to do. As JPMorgan…
BBC The Treasury has announced the sale of its final shares in the NatWest Group. It means the bank will be under full private ownership, almost two decades after it was bailed out by the taxpayer amid the 2008 financial crisis. This marks a symbolic end to a dramatic chapter in British banking history. It…
American Airlines new business-class suite. American Airlines DALLAS — Armed with dollops of caviar and handfuls of Bang & Olufsen headphones, U.S. airlines are duking it out for international business-class dominance. There are even differences between seats in the same cabin. Next week, American Airlines plans to start flying its upgraded business-class “suites” that feature…
Check out the companies making headlines before the bell: UiPath — Shares surged 12% after the automation software company posted first-quarter operating income and revenue figures that exceeded FactSet estimates. UiPath also raised its full-year revenue guidance and sees its current-quarter revenue coming in between $345 million and $350 million, while analysts polled by FactSet…
Vishala Sri-Pathma Business reporter, BBC News Getty Images The Ryanair boss is set for a bumper payday after the Ryanair share price hit a key performance target Ryanair boss Michael O’Leary is on track to pocket bonuses worth more than €100m in what could reportedly mark one of the biggest pay-outs in European corporate history….
Plans to open a banking hub in a church building have been revealed. Bank-owned Cash Access UK has applied to temporarily convert an “underused office” to the east of Crowthorne Baptist Church on High Street in Crowthorne, Berkshire, into the hub for up to three years. The hubs provide cash and basic banking services from a…
