Author: Lucas

City Building has once again been recognised with the prestigious Platinum Award for Investors in Young People (IYP). The business, which was the first construction firm ever to receive the Platinum standard and only the fourth organisation in Scotland to do so, has had its three-year accreditation renewed. Minister for public finance Ivan McKee celebrated the award during a site visit, highlighting City Building’s contribution to skills development, training, and inclusive employment. The platinum award recognises the organisation’s excellence in supporting young people in areas such as mental health, financial wellbeing, fair work, and meta skills. During his visit, Mr…

In the Upstate region of South Carolina, Baxter Manufacturing is expanding its operations in Oconee County. With more than 40 years of experience, this family-owned, full-service supplier to the plastics industry plans to invest $15.7 million at its existing operation and will create 36 new jobs.Established in 2017, the Baxter Manufacturing operation in Westminster is a Tier 1 supplier of manufactured plastic injection-molded automotive parts. The company will add 35,000 square feet and new machinery at this facility to increase its production capabilities and further meet the needs of its automotive customers.“We are thrilled to be expanding our operations in…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Landlords and owners of expensive homes are to be hit by higher taxes as Rachel Reeves’ Budget leaned on property to help boost the UK’s finances.In an unexpected move, the chancellor unveiled an increase in property income tax from April 2027. From that point, a 2 percentage point increase will be applied to the basic, higher and additional rates, taking them to 22, 42 and 47 per cent, respectively. It came alongside a “mansion tax” surcharge on properties worth more than £2mn,…

Discover why these fast-growing defense tech companies could play a major role in the future of AI and national security.Palantir (PLTR +1.87%) and Rocket Lab (RKLB 2.37%) are emerging as two powerful forces in defense, AI, and space technology. Their momentum, combined with expanding partnerships and rising demand for secure intelligence capabilities, could drive substantial long-term upside. Investors seeking transformative growth may find these companies well-positioned for remarkable future gains. *Stock prices used were the market prices of Nov. 20, 2025. The video was published on Nov. 24, 2025. Rick Orford has no position in any of the stocks mentioned.…

Ecclesiastical has retained its top spot in the Fairer Finance Home Insurance league table for a record 22nd time and remains the UK’s most trusted home insurance provider.The specialist insurer topped the list of 46 insurers including NFU Mutual, Bank of Scotland, TSB, Lloyds Bank and NatWest, retaining Gold Ribbon status for another year.Fairer Finance, an independent consumer group, surveys around 20,000 UK banking and insurance customers throughout the year, asking them to rate how satisfied they are with their bank or insurance company.Customers are asked to rate the firms on happiness and trust. Fairer Finance then uses records from…

11/26/2025 8:00:00 AM Yulong refinery ramps up Russia oil buying after sanctions hit Refiner is top Chinese buyer by site of seaborne Russian crude Widening Western sanctions drive bifurcation of global oil trade Yulong overseas customers, banks, service providers cut access Global oil firms cut sales to Yulong after sanctions When Shandong Yulong Petrochemical opened its Singapore office a year ago, the company staged a lion dance to herald prosperity for the new $20-B oil refiner at the center of modernization efforts in its home province in China. But Yulong’s ambition to rub shoulders with global heavyweights, backed by Beijing’s…

​​​Pound rises ahead of budget announcement ​Sterling is rising as investors position ahead of Rachel Reeves’ first budget at 12.30pm. The pound has extended its recent gains, with UK equities also edging higher in morning trade. ​The FTSE 100 and FTSE 250 both opened firmer. Markets are awaiting details on tax measures and spending plans from the chancellor’s statement. ​Trading volumes are in line with recent sessions. The pound’s gains come as investors adjust positions ahead of the fiscal announcement. ​UK government bonds are trading slightly higher in yield terms. Markets are focused on the fiscal headroom figures that will be announced…

In a major move to counter China’s dominance in the rare earths sector, the Union government announced a Rs 7,280 crore scheme on Wednesday to promote indigenous manufacturing of sintered Rare Earth Permanent Magnets (REPM). India aims to indigenously manufacture 6,000 tonnes of REPMs a year under the seven-year scheme. In a statement, the Union Ministry of Heavy Industries said a cabinet meeting chaired by Prime Minister Narendra Modi approved the scheme on Wednesday, and the scheme will support the creation of integrated REPM manufacturing facilities, “involving conversion of rare earth oxides to metals, metals to alloys, and alloys to…

The Mirror rounds up all the key measures from Rachel Reeves’ Budget and how they will affect you and your money15:18, 26 Nov 2025Updated 15:20, 26 Nov 2025Families will be dissecting what the Budget means for their money(Image: GETTY)Rachel Reeves has finally delivered her Budget – with £26million worth of tax rises that will affect millions of workers.She said: “I am asking everyone to make a contribution, but I can keep that contribution as low as possible because I will make further reforms to our tax system today to make it fairer and to ensure the wealthiest contribute the most.”Other…

By Hugh Radojev2025-11-26T13:43:00 The chancellor has confirmed the government will push ahead with introducing a surcharge on retail property rates above £500,000. Dubbed a ‘surtax’ by retailers, the new levy will mean that many larger commercial properties will face a higher rate on property tax, as part of a bid to help fund permanent discounts for smaller retailers, leisure and hospitality firms. Source link