It was a major coup in a bid to save jobs and bolster the UK's technology sector, as the Ministry of Defence - the MoD - recently purchased a microchip factory for £20 million. More than 100 jobs have been safeguarded at the Coherent factory at Newton Aycliffe, County Durham, thanks to the MoD's intervention, …
It was a major coup in a bid to save jobs and bolster the UK's technology sector, as the Ministry of Defence - the MoD - recently purchased a microchip factory for £20 million. More than 100 jobs have been safeguarded at the Coherent factory at Newton Aycliffe, County Durham, thanks to the MoD's intervention, …
It's one train station reopening in a very long time. At least not since the trains stopped rumbling into this Ashley Down station for some 60 years. Today, the trains have returned to the Ashley Down, and the excitement cannot be avoided. It is part of a wider improvement program for train services to and …
Harland & Wolff, the famous shipbuilding company that built the Titanic, has plunged into administration. For the second time in five years, the company is set to face the survival decision. Yet how did the iconic Belfast-based shipbuilder, which once was a giant in the industry, slip into this situation? Well, Harland & Wolff was …
It remains to be seen who will win the Daily and Sunday Telegraph, but the action is heating up, as bidders have only hours left before a Thursday deadline to consider the second round of offers for the British national. And all eyes will be on Dovid Efune, an American owner of the New York …
The FTSE 100 consists of the 100 biggest companies from the London Stock Exchange. So it had a pretty decent week by Friday afternoon with the 41-point and at 8,326. Well, for those who are curious what this means, then let's just say it is like saying the market's in a good state. Stocks go …
The US Dollar now looks to be in some hard times. One big reason is that people expect that interest rates in the US may fall. The interest rate is like some sort of magic button controlling the cost of borrowing money; if rates fall, so does the cost of borrowing money, and therefore the …
But the giant problem, now facing a wealth management high street brand like St James's Place, is that most of their investment funds were not doing anything like what they should be doing. Indeed, most of the funds, it turned out, provided hardly any value to customers. The performance review by the company showed that …
Visa, one of the biggest payment networks in the world, is facing a big problem! The United States Department of Justice (DOJ) has decided to sue Visa. Why? Because they believe Visa is not playing fair in the debit transaction market. Let’s break this down and see what’s going on. Visa's Role in F1 First, …
Good news, chicken lovers! Chick-fil-A, the famous fast-food chain known for its delicious chicken sandwiches, is all set to open a restaurant in Northern Ireland. This exciting announcement was made by Emma Little-Pengelly, who is the Deputy First Minister of Northern Ireland. She shared the news on social media, expressing her happiness about Chick-fil-A’s arrival. …
Good news for drivers! Petrol prices in the UK have dropped to their lowest point in three years. The average cost for a litre of unleaded petrol is now around £1.35, according to the RAC (Royal Automobile Club). This drop is a big relief for many people who have faced high fuel prices in recent …
On Wednesday, September 25, 2024, the U.K. stock market closed a little lower. The main index that shows how well the biggest companies are doing, called the Investing.com United Kingdom 100, dropped by 0.11%. This means that overall, many shares lost some value. But let's break this down so it’s easy to understand what happened! …
Exciting news for car lovers in the UK! A new electric car, the Leapmotor T03, has just been launched. This cool car is not only affordable but also packed with features that make it a great choice for anyone looking to go electric without breaking the bank. Priced at just £15,995, the T03 is now …
Starting October 7, 2024, UK banks will be required to refund victims of fraud up to £85,000 within five days. This is a big change aimed at protecting people who are tricked into sending money to scammers. Earlier, most banks and payment companies would voluntarily refund victims, but now it's a must. The Payment Systems …
