United Kingdom

CVC’s investment in Low Carbon will be done via its DIF Infrastructure VIII fund.

CVC leads £1.1 billion deal to back UK energy firm Low Carbon

The investment will help Low Carbon expand its renewable electricity business in the UK and Europe

Respondents to a YouGov survey conducted after Wednesday’s statement said they saw it as unfair rather than fair by a margin of 48 per cent to 21 per cent.

Reeves’ UK budget calms markets and party but leaves Britons unhappy

[LONDON] Britons reacted overwhelmingly negatively to Chancellor of the Exchequer Rachel Reeves’ budget, suggesting little relief for the Labour government’s slumping popularity.

The employment rights bill will no longer award so-called day one protections against unfair dismissal, the government said in a statement on Thursday.

UK waters down workers’ rights bill to ease business concerns

THE UK government dropped a key measure from its flagship workers’ rights package in a bid to quell concerns of businesses who had warned the legislation would damage growth and employment.

Billionaires such as Checkout.com founder Guillaume Pousaz and Revolut chief executive officer Nik Storonsky have already exited the UK amid the scrapping its non-dom system that allowed tax breaks on overseas wealth for as long as 15 years.

Britain tries to fix its frayed relations with world’s rich

TECH billionaires, the owners of Premier League football teams and heirs to some of Europe’s oldest fortunes all recently left the UK because of higher taxes. Now, Britain’s finance minister is quietl...

Billionaires have exited the UK amid the changes, which went further than measures outlined last year from the then-ruling Conservative Party.

UK expects bigger non-dom tax take despite billionaire exits

Meantime, other nations, such as Italy and Greece, have lured some of Britain’s globally mobile population

Britain's Chancellor of the Exchequer Rachel Reeves has announced sweeteners such as above-inflation rises to the minimum wage and pensions, along with freezes on rail fares and prescription charges ahead of the budget.

UK to unveil tax-raising budget

[LONDON] Britain’s centre-left Labour government is set to unveil a tax-raising budget on Wednesday to curb debt and fund public services, while aiming to reassure financial markets and voters alike.

Domino’s UK is tapping into the fast-growing market of chicken products and healthier options for pizzas.

UK’s Domino's Pizza CEO steps down as strategy shift takes hold

The move comes as the chain broadens its focus beyond core pizzas to drive growth in a tough market

The Telegraph has been in limbo since 2023 when RedBird IMI – a joint venture between US-based RedBird Capital and Abu Dhabi’s International Media Investments – was unable to take control when Britain banned foreign state ownership of newspapers.

UK minister aims for 'timely sale' of Telegraph to Daily Mail owner

DMGT said the deal would comply with Britain’s Foreign State Influence regime to block foreign state control of UK newspapers

Britain's Chancellor of the Exchequer Rachel Reeves looks set to raise taxes by tens of billions of pounds for the second time since the election to stay on track to meet her borrowing targets.

UK employers tell Reeves to take ‘hard choices’ on budget

Reeves is no longer expected to break an election promise by raising income tax