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The last Chancellor to back an overseas takeover of a British listed company was Philip Hammond when SoftBank swallowed Arm Holdings in 2016.
Chancellor Rachel Reeves (pictured) has backed Canadian investment firm Brookfield's takeover of FTSE 250 insurer Just Group.
Welcome to the Money blog, our personal finance and consumer hub. Today: we report on an index of the happiest places to ...
British equities closed mixed on Thursday, as investors assessed a spate of corporate earnings and looked for potential trade ...
The Fed call was soon overtaken by the results from Microsoft and Meta Platforms, benefiting from the growth of artificial ...
It comes after strong results from Microsoft and Meta after the closing bell in New York last night, which renewed AI ...
The London Stock Exchange lost yet another constituent to foreign ownership on Thursday, after Just Group agreed to a bumper ...
Chancellor welcomes offer from Brookfield Wealth Solutions as demonstration of “strong faith in the UK economy” ...
Sterling is getting a boost from a weak US dollar after the US Federal Reserve left rates unchanged, trading between $1.32 ...
Earnings season among notable FTSE 100 firms continues on Thursday with Rolls Royce, Shell and Unilever all in the frame - ...
Wall Street stocks rose on Wednesday as the US economy grew much faster than expected in the second quarter of 2025. GDP grew ...