Finance and Economy

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Finance and Economy

BP shares rise amid reports Shell considering takeover offer

BP shares rose sharply on Tuesday amid mounting speculation that rival energy giant Shell is considering a blockbuster takeover of…

By Mona Porwal 5 Min Read

Consumer confidence in economy ‘at lowest level since cost-of-living shock’

Consumer confidence in the UK economy has fallen to its lowest point since the peak of the cost-of-living crisis, according…

By Mona Porwal 5 Min Read

Shell reveals lower profits after slump in oil prices

Shell Reveals Lower Profits After Slump in Oil PricesOil giant remains upbeat despite 28% dip in earnings, pushing ahead with…

By Mona Porwal 5 Min Read

NatWest profit leaps by a third as customers ‘resilient’ against uncertainty

Bank benefits from strong customer balances, robust lending, and market activity amid global economic jitters LONDON — NatWest Group has…

By Mona Porwal 4 Min Read

HSBC set to face pressure on climate commitments at shareholder meeting

Bank under scrutiny over backtracking on net zero targets and coal financing links LONDON — HSBC is bracing for a…

By Mona Porwal 5 Min Read

Wall Street falls while FTSE 100 regains losses after US economy shrinks

The FTSE 100 recovered its footing on Wednesday to close higher, even as markets across the Atlantic faltered following news…

By Mona Porwal 4 Min Read

Coins to mark 80 years since VE Day launched by Royal Mint

The Royal Mint has unveiled a new commemorative 50p coin to mark the 80th anniversary of VE Day, celebrating the…

By Mona Porwal 4 Min Read

Financial services firms paid £236m of redress in second half of 2024 – FCA

Complaints to financial firms fell by 4.3%, with some industry experts attributing the decline to the impact of the FCA’s…

By Mona Porwal 5 Min Read