Tag: Finance
Insurance Company in Glasgow Rejects Acquisition Offer
Insurer Direct Line, a major employer in Glasgow, has turned down a £3.3 billion takeover bid from Aviva, a fellow company in the insurance sector. Aviva had approached Direct Line with an acquisition offer,...
Energy Bill Spike Drives Two-Year High Inflation Rate
UK inflation has reached its highest level since April due to a spike in household energy bills, according to the latest official figures. The Office for National Statistics (ONS) reported that the Consumer Prices Index...
Impact of National Insurance Increase on Scottish Councils: £265m Warning for SNP Ministers
Scottish local councils are facing a hefty bill of £265 million due to the increase in employer national insurance contributions announced in the recent budget by Chancellor Rachel Reeves. This news comes as a...