Ace Business Desk – A chemical firm collected £1m of Scottish Enterprise funding to create new jobs – just months before announcing plans to close its Grangemouth site according to BBC Scotland News report by Katy Scott and Gillian Sharpe: Published: 02 October 2026 The cash was part of £2.2m awarded to Syngenta in May last year […]
Tag: Finance
Ace Finance Desk – Artificial intelligence (AI) could trigger financial market shocks and the UK needs to be prepared for them, the governor of the Bank of England has warned according to Mitchell Labiak, Business reporter and Faisal Islam, Economics editor Andrew Bailey said the central bank is watching the huge amounts of money being invested in AI “very […]
Ace Breaking News – The Prime Minister announced a new settlement for older people today: a state pension that rises every year, no personal care charges and a high-quality National Care Service to give peace of mind in later life. U.K Prime Minister Andy Burnham sets out plans for a new National Care Service Prime […]
Ace Business Desk – Africa’s richest man helps fund $660m fuel pipeline between Ethiopia and Djibouti according to BBC Africa News report: Published: 25 September 2026 Nigerian billionaire Aliko Dangote has announced that he is helping to fund a new $660m (£500m) fuel pipeline between Ethiopia and Djibouti The project will include a 120km- (75 […]
Ace Finance Desk – In short: Fund manager Cathie Wood tips economies to boom and prices to fall, but interest rates to surge as the AI revolution gathers pace. It could result in interest rates exceeding 7 per cent: ARK Invest manages around $42b. Its CEO Cathie Wood provides her opinion: By business editor Michael Janda […]
Ace Breaking News – Manchester City chairman Khaldoon Al Mubarak says he is still confident of proving the club’s innocence after they were found guilty of breaking the Premier League’s financial rules by Paul Battison, BBC Sport Journalist and Ffion Wynne, BBC Sport Journalist: Published: 26 September 2026 Kieran Maguire on potential sanctions for Man City City were accused […]
Ace Finance Desk – The world’s advanced economies including the UK and US need to cut borrowing and reduce debt levels following weeks of spiralling government interest costs, the head of the International Monetary Fund (IMF) has warned by Faisal Islam, Economics editor & Michael Race, Business reporter: Published: 23 September 2026, 00:01 BST In an exclusive interview, […]
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