Delivering its annual results, the lender said the fall was mainly down to 4.9 billion dollars (£3.6 billion) of adverse impact across items including legal provisions, organisational simplification and the…
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Business
Driverless car firm Wayve bags £1.1bn investment to help launch on UK roads
by News Roomby News RoomWayve’s fresh funding round was led by investors Eclipse, Balderton and SoftBank Vision Fund 2, and also saw new investment from Ontario Teachers’ Pension Plan, Baillie Gifford, British Business Bank,…
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AstraZeneca boss Pascal Soriot nets £17.7m in pay and bonuses for 2025
by News Roomby News RoomThe report showed Mr Soriot could also enjoy another bumper pay rise in 2026, with a maximum possible pay deal of £19.6 million if he meets all his targets, which…
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It marked the second day in a row the index has closed much as it started, despite headwinds over US tariffs and fears over AI disruption.
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Number of big money Premium Bond prizes set to fall from April draw
by News Roomby News RoomThe number of £100,000, £50,000 and £25,000 Premium Bond prizes available to win is expected to fall from the April draw, following changes from NS&I.
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FTSE 100 Live 24 February: AI disruption fears continue, banking stocks struggle
by News Roomby News RoomA mixed performance by the FTSE 100 index today reflected ongoing tariffs uncertainty and AI disruption fears.
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Women bosses face more scrutiny than men, says chief of Government-backed review
by News Roomby News RoomVivienne Artz, chief executive of the FTSE Women Leaders Review, said the “pace of change is naturally beginning to level as parity approaches”, adding: “Boards are still making progress, which…
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Zoopla said the deal – for an undisclosed amount – will see it buy 100% of the new homes property site, which has over 200 developer customers, supports 2,500 active…
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Business
EDF pledges fresh £15bn UK investment as nuclear outages drag on output
by News Roomby News RoomThe company said nuclear output from its five active power stations decreased by 12% last year, compared with 2024.
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The latest trade worries came after US President Donald Trump raised the global tariff he wants to impose to 15%.