5 h. ago WRU announce significant new £60m debt deal with two major financial institutions

It has struck a new funding deal with HSBC and Goldman Sachs

Economics

48 h. ago UK financial system ‘may not be prepared enough for major AI

The Treasury Select Committee said it had received a ‘significant volume of evidence’ about AI’s risks to financial services consumers.

Politics

8 d. ago From nurses to shop workers – what the Scottish Budget means for YOU

THE Budget was unveiled at Holy-rood yesterday, with hard-working Scottish Sun readers finding out how it will impact their bank balances. And financial expert Lewis Crompton reckons there’s no major boost for the majority of Scots with rising costs likely to offset any small gains. “But energy and fuel prices haven’t changed for people not...

Economics

9 d. ago Google parent Alphabet hits $4tn valuation after AI deal with Apple

After Apple chose Gemini to power Siri, Alphabet surpassed Apple to become second-most valuable company in worldGoogle’s parent company hit a major financial milestone on Monday, reaching a $4tn valuation for the first time and surpassing Apple to become the second-most valuable company in the world.Alphabet is the fourth company to hit the $4tn milestone after Nvidia, which later hit $5tn, Microsoft and Apple. Continue reading...

Economics

1 week ago Tricks YOU can steal from the property pros who stage houses to make them instantly more sellable

Infusing your home with divine smells and dressing the beds with hotel-style linen - known as property staging - could add up to major financial wins if you're trying to sell.

Society

1 week ago Otis Selected for Major Escalator Modernisation Across London Underground Network – Company Announcement

Otis Selected for Major Escalator Modernisation Across London Underground Network – Company Announcement  Financial Times

Politics

2 w. ago Are you a landlord? These are the costly mistakes you could be making

Many landlords make errors that cause them major financial regrets

Politics

3 w. ago Online school and junior tennis: freedom, focus – and a quiet cost

Elite junior tennis players are flocking to online schools. The model offers flexibility and focus – but raises deeper questions about growth, pressure and childhoodIn a major study released recently in Epidemiology, conclusions were drawn – yet again – regarding how shutdowns and online learning were ultimately very damaging to kids’ emotional and mental health (obviously some cohorts of kids were more affected than others with financial security a big part of the calculation). This is no major surprise as parents and students alike weren’t happy with the remote learning environment.Yet despite this general consensus about online schooling not being as healthy as regular school, a new trend has exploded since Covid: the rapid growth of online schooling for tennis players and other athletes. Parents and their junior athletes feel that by being able to play several hours in the day instead of after school it will accelerate their progress in the sport while still leaving room for aca...

Politics

4 w. ago BP to sell majority stake in $10bn Castrol business to US investment firm

Stonepeak will acquire 65% of lubricants business as part of wider plans for the oil company to pay down its debtBusiness live – latest updatesBP has agreed to sell a majority stake in its $10bn (£7.4bn) lubricants business Castrol to the US investment company Stonepeak, as the new chair, Albert Manifold, rapidly reshapes the under-pressure oil and gas company.Stonepeak will acquire a 65% stake in Castrol, in a deal that values the division at $10.1bn including its debt. The deal, in which BP will retain a 35% stake in the business through a joint venture, is expected to close at the end of next year, the company said on Wednesday. Continue reading...

Economics

4 w. ago BP agrees deal to sell £7.4bn stake in Castrol to US investment firm

Stonepeak will acquire 65% of lubricants business as part of wider plans for the oil company to pay down its debtBusiness live – latest updatesBP has agreed to sell a majority stake in its $10bn (£7.4bn) lubricants business Castrol to the US investment firm Stonepeak, as the new chair, Albert Manifold, rapidly reshapes the under-pressure oil and gas company.Stonepeak will acquire a 65% stake in Castrol, in a deal that values the division at $10.1bn including its debt. The deal, in which BP will retain a 35% stake in the business through a joint venture, is expected to close at the end of next year, the company said on Wednesday. Continue reading...

Economics