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United Kingdom
950 posts
Andy Burnham opens door to UK slavery apology but rejects financial reparations
British Prime Minister Andy Burnham has offered structured discussions over a possible formal apology for Britain's role in the transatlantic slave trade while ruling out financial reparations. His intervention comes ahead of a Commonwealth summit in Antigua and Barbuda, where Caribbean governments are expected to press their longstanding demands.
Andy Burnham admits UK Budget 2026 fell short as he promises a 10-year plan
British Prime Minister Andy Burnham has acknowledged that his first Budget did not deliver the scale of change he initially wanted, citing economic volatility and limited fiscal flexibility. The admission comes after a package focused on household energy relief, temporary bank taxation and cost-of-living support.
Poundland files administration notice as more than 10,000 jobs face uncertainty across 600 stores
British discount retailer Poundland has filed a notice of intention to appoint administrators, securing temporary protection from creditors as its owner and advisers seek buyers for the struggling chain.
Danaher (DHR) unit IDBS expands a-tune partnership to connect preclinical research data
Danaher Corporation's IDBS is deepening its partnership with a-tune software AG to connect animal research operations with structured laboratory data, targeting fragmented preclinical workflows and the growing demand for traceable, AI-ready scientific information.
King Charles confronts Britain’s slavery legacy in Caribbean but stops short of apology as reparations demands grow
King Charles has acknowledged slavery’s injustices in the Bahamas but stopped short of an apology as Caribbean demands for reparations intensify.
UK Budget 2026 unveils ÂŁ100 energy payment as bank tax doubles to fund household relief
Chancellor John Healey has announced a ÂŁ100 energy payment for up to 20 million English households, extended fuel duty relief and a temporary doubling of the bank corporation tax surcharge in his first Budget under Prime Minister Andy Burnham.
HSBC profit rises 32% to $9.6bn, but legal comparisons complicate the recovery story
HSBC reported $9.6 billion in quarterly pretax profit and a 17.7% return on tangible equity as net interest income and transaction banking improved. However, the profit increase benefited from the absence of large legal provisions recorded a year earlier, while capital requirements and restructuring continue shaping the bank's outlook.
UK seeks Made in Europe exemption as EU industrial rules threaten British carmakers
Britain and the European Union are negotiating how UK manufacturers would be treated under proposed European industrial-preference rules, amid concerns that British electric vehicles, batteries and clean technologies could face disadvantages.
Altea appoints Justin Rodrick as vice president ahead of U.S. healthcare insurance launch in Q4 2026
MISSION-backed healthcare insurance specialist Altea is entering the United States with Justin Rodrick leading its domestic expansion alongside Chief Executive Officer Carly Matson. The business will initially target allied healthcare providers, smaller medical facilities and specialist MGA programmes, using insurance capacity accessed through Accelerant's Risk Exchange.
Guidewire (GWRE) to acquire hyperexponential for up to $2.1bn as AI underwriting strategy accelerates
Guidewire has agreed to acquire London-based hyperexponential for $1.7 billion in cash plus up to $400 million tied to recurring revenue targets. The insurance software group expects the transaction to accelerate annual recurring revenue growth and deepen its position in AI-assisted commercial underwriting, while introducing substantial financing and integration requirements.