Bloomberg Business

UK pension funds have drastically cut their exposure to equities in their home market over the past 25 years, sucking out a whopping £400 billion of demand, according to a new report, adding to a deep valuation discount that is making London increasingly unattractive for listings.

A former Barclays Plc private banker who was fired for allegedly harassing female colleagues is suing for wrongful dismissal, claiming the women made up the accusations to drive him out.

The UK is poised to unveil plans to boost green manufacturing, just as it seeks to lure investment in a new battery plant from Jaguar Land Rover parent Tata Group.

UK education unions agreed to begin “intensive talks” with the government just a day after a deal to raise health service pay, raising hopes of an end to waves of industrial action across multiple sectors that have gripped the country for months.

Silicon Valley Bank’s former parent company filed for bankruptcy a week after a run on deposits prompted regulators to seize its banking unit.

Britain will join Russia this year as the only major economies likely to contract, the OECD said as it upgraded its outlook for global growth.

Saudi Arabia is importing millions of barrels of diesel from Russia, despite having more than enough of its own.

President Emmanuel Macron forced through his unpopular plan to raise the French retirement age by executive fiat after failing to rally a majority of the French people or their representatives in parliament, underscoring the difficulty he’ll have enacting any other domestic policies during his remaining time in office.

Germany will send a federal minister to Taiwan for political talks for the first time in 26 years next week, a trip which could anger the government in Beijing at a time of growing tensions between China and Europe.