Business https://thephoenixnewspaper.com/news/business-finance/feed/atom/ 2025-12-12T06:26:49+00:00 Phoenix Newspaper The Phoenix Newspaper UK | Latest news in UK | Positive news | Inspiring The Next Generation Nigeria woos investors with incentives at London Expo 2025-12-10T12:12:15+00:00 2025-12-10T12:12:15+00:00 https://thephoenixnewspaper.com/nigeria-woos-investors-with-incentives-at-london-expo Super User <p><img src="https://thephoenixnewspaper.com/images/BIZ_-_Nigeria_woos_investors_with_incentives_at_London_Expo.png" /></p><p>At the Resourcing Tomorrow Exhibition and Conference in London, Nigeria showcased a robust investment climate in its solid minerals sector, offering seamless profit transfers and duty-free import of mining machinery.</p> <p><img src="https://thephoenixnewspaper.com/images/BIZ_-_Nigeria_woos_investors_with_incentives_at_London_Expo.png" /></p><p>At the Resourcing Tomorrow Exhibition and Conference in London, Nigeria showcased a robust investment climate in its solid minerals sector, offering seamless profit transfers and duty-free import of mining machinery.</p> Cabo Verde inaugurates major expansion of Cabeolica Wind Farm and Battery Storage, enabled by AFC's catalytic financing 2025-12-09T14:10:17+00:00 2025-12-09T14:10:17+00:00 https://thephoenixnewspaper.com/cabo-verde-inaugurates-major-expansion-of-cabeolica-wind-farm-and-battery-storage-enabled-by-afc-s-catalytic-financing Super User <p><img src="https://thephoenixnewspaper.com/images/BIZ_-_Cabo_Verde_inaugurates_major_expansion_of_Cabeolica_Wind_Farm_and_Battery_Storage_enabled_by_AFCs_catalytic_financing.jpeg" /></p><p>Africa Finance Corporation (AFC), the continent’s leading infrastructure solutions provider, have announced the inauguration of the expanded Cabeolica Wind Farm and Battery Energy Storage System (BESS) in Cabo Verde- an achievement made possible through AFC’s catalytic €55million bridge financing provided in 2024.</p> <p><img src="https://thephoenixnewspaper.com/images/BIZ_-_Cabo_Verde_inaugurates_major_expansion_of_Cabeolica_Wind_Farm_and_Battery_Storage_enabled_by_AFCs_catalytic_financing.jpeg" /></p><p>Africa Finance Corporation (AFC), the continent’s leading infrastructure solutions provider, have announced the inauguration of the expanded Cabeolica Wind Farm and Battery Energy Storage System (BESS) in Cabo Verde- an achievement made possible through AFC’s catalytic €55million bridge financing provided in 2024.</p> Covid fraud cost UK taxpayer £10.9 billion, reveals independent report 2025-12-09T14:07:12+00:00 2025-12-09T14:07:12+00:00 https://thephoenixnewspaper.com/covid-fraud-cost-uk-taxpayer-%C2%A310.9-billion-reveals-independent-report Super User <p><img src="https://thephoenixnewspaper.com/images/BIZ_-_Covid_fraud_cost_UK_taxpayer_10.9_billion_reveals_independent_report.png" /></p><p>Taxpayers lost £10.9 billion to fraud and error as the previous government’s pandemic response left the front door open to fraud, an independent report just reveals.</p> <p><img src="https://thephoenixnewspaper.com/images/BIZ_-_Covid_fraud_cost_UK_taxpayer_10.9_billion_reveals_independent_report.png" /></p><p>Taxpayers lost £10.9 billion to fraud and error as the previous government’s pandemic response left the front door open to fraud, an independent report just reveals.</p> New ‘Ignite your Business’ programme to boost Wolverhampton start-ups 2025-12-09T14:03:53+00:00 2025-12-09T14:03:53+00:00 https://thephoenixnewspaper.com/new-ignite-your-business-programme-to-boost-wolverhampton-start-ups Super User <p><img src="https://thephoenixnewspaper.com/images/BIZ_-_New_Ignite_your_Business_programme_to_boost_Wolverhampton_start-ups.jpeg" /></p><p>A new programme is being launched this week to give business start-ups in Wolverhampton free access to support to help them thrive and grow.</p> <p><img src="https://thephoenixnewspaper.com/images/BIZ_-_New_Ignite_your_Business_programme_to_boost_Wolverhampton_start-ups.jpeg" /></p><p>A new programme is being launched this week to give business start-ups in Wolverhampton free access to support to help them thrive and grow.</p> Autumn Budget triggers widespread pension anxiety across West Midlands, new research reveals 2025-12-08T18:31:19+00:00 2025-12-08T18:31:19+00:00 https://thephoenixnewspaper.com/autumn-budget-triggers-widespread-pension-anxiety-across-west-midlands-new-research-reveals Super User <p><img src="https://thephoenixnewspaper.com/images/BIZ_-_Autumn_Budget_triggers_widespread_pension_anxiety_across_West_Midlands.jpeg" /></p><p>New research from national law firm&nbsp;<a href="https://u7061146.ct.sendgrid.net/ls/click?upn=u001.gqh-2BaxUzlo7XKIuSly0rCzsQVzkb9inNGMDZoBBK5do-3D3Pvg_6jWoDsucP9FaN5Fexj4dxTLo85IHFVfd19pA5ynrQzGVEu16OGvM2CzIsxgFtO58fe60QRNtAEc5KMyxgpUTbgMUOWWTinwwC82s9KoGXt-2FK8ag3v-2BeGiYVinNMQzZHcZZq-2B-2Bdklw2m1O7l8MOfwyUabndVDUeeG1UM8Id8k11lH-2FtYBNJEhvVT1g-2FV2arOYTyM36IC6RBXsQIod595YAGu1ZlIheYfOpOyciXJSov83DbRf27tuMel3RE9SGxMFDnGpd2uOIapn3mWmdfpHV84pJ3hcv9yYljd7Q8flUkPHhZQ2RyGgMKku-2FSFQK9q8wlXh5GuykkJLJX8FzmYTr0qax-2Fv5QhrABKoD2u8Yugc-3D">Shakespeare Martineau</a>&nbsp;has found that this year’s Autumn Budget has sparked pension anxiety across the UK – with concern particularly pronounced in the West Midlands, where adults are more worried than the national average about declining tax efficiency and future savings growth.</p> <p><img src="https://thephoenixnewspaper.com/images/BIZ_-_Autumn_Budget_triggers_widespread_pension_anxiety_across_West_Midlands.jpeg" /></p><p>New research from national law firm&nbsp;<a href="https://u7061146.ct.sendgrid.net/ls/click?upn=u001.gqh-2BaxUzlo7XKIuSly0rCzsQVzkb9inNGMDZoBBK5do-3D3Pvg_6jWoDsucP9FaN5Fexj4dxTLo85IHFVfd19pA5ynrQzGVEu16OGvM2CzIsxgFtO58fe60QRNtAEc5KMyxgpUTbgMUOWWTinwwC82s9KoGXt-2FK8ag3v-2BeGiYVinNMQzZHcZZq-2B-2Bdklw2m1O7l8MOfwyUabndVDUeeG1UM8Id8k11lH-2FtYBNJEhvVT1g-2FV2arOYTyM36IC6RBXsQIod595YAGu1ZlIheYfOpOyciXJSov83DbRf27tuMel3RE9SGxMFDnGpd2uOIapn3mWmdfpHV84pJ3hcv9yYljd7Q8flUkPHhZQ2RyGgMKku-2FSFQK9q8wlXh5GuykkJLJX8FzmYTr0qax-2Fv5QhrABKoD2u8Yugc-3D">Shakespeare Martineau</a>&nbsp;has found that this year’s Autumn Budget has sparked pension anxiety across the UK – with concern particularly pronounced in the West Midlands, where adults are more worried than the national average about declining tax efficiency and future savings growth.</p> ADBG-funded fisheries programme impacts two million people, drives economic transformation in 16 SADC countries 2025-12-06T11:01:53+00:00 2025-12-06T11:01:53+00:00 https://thephoenixnewspaper.com/adbg-funded-fisheries-programme-impacts-two-million-people-drives-economic-transformation-in-16-sadc-countries Super User <p><img src="https://thephoenixnewspaper.com/images/BIZ_-_ADBG-funded_fisheries_programme_impacts_two_million_people_drives_economic_transformation_in_16_SADC_countries.png" /></p><p>A regional initiative that has overhauled aquatic resource management and boosted cross-border fish trade is now improving the lives of nearly three million people across Southern Africa —raising fish production, consumption, and incomes.</p> <p><img src="https://thephoenixnewspaper.com/images/BIZ_-_ADBG-funded_fisheries_programme_impacts_two_million_people_drives_economic_transformation_in_16_SADC_countries.png" /></p><p>A regional initiative that has overhauled aquatic resource management and boosted cross-border fish trade is now improving the lives of nearly three million people across Southern Africa —raising fish production, consumption, and incomes.</p> Binance launches ‘Binance Junior’ crypto savings account for kids and teens 2025-12-04T11:05:56+00:00 2025-12-04T11:05:56+00:00 https://thephoenixnewspaper.com/binance-launches-binance-junior-crypto-savings-account-for-kids-and-teens Super User <p><img src="https://thephoenixnewspaper.com/images/BIZ_-_Binance_launches_Binance_Junior_crypto_savings_account_for_kids_and_teens.jpeg" /></p><p>Binance have just announced the launch of Binance Junior, a new parent-controlled app and sub-account for kids and teens, ages 6-17, that offers parents a family-centric platform to build crypto wealth and savings, helping prepare their children for a digital financial future.</p> <p><img src="https://thephoenixnewspaper.com/images/BIZ_-_Binance_launches_Binance_Junior_crypto_savings_account_for_kids_and_teens.jpeg" /></p><p>Binance have just announced the launch of Binance Junior, a new parent-controlled app and sub-account for kids and teens, ages 6-17, that offers parents a family-centric platform to build crypto wealth and savings, helping prepare their children for a digital financial future.</p> Single mom of 3 turned luxury realtor launches VIP Luxury Car Service for Her clients 2025-12-03T19:21:07+00:00 2025-12-03T19:21:07+00:00 https://thephoenixnewspaper.com/single-mom-of-3-turned-luxury-realtor-launches-vip-luxury-car-service-for-her-clients Super User <p><img src="https://thephoenixnewspaper.com/images/BIZ_-_Single_mom_of_3_turned_luxury_realtor_launches_VIP_Luxury_Car_Service_for_Her_clients_2.png" /></p><p>Merissa Alexander, a 35-year-old single mother of three, luxury real estate professional, and one of Chicago’s rising industry powerhouses, is raising the bar once again.</p> <p><img src="https://thephoenixnewspaper.com/images/BIZ_-_Single_mom_of_3_turned_luxury_realtor_launches_VIP_Luxury_Car_Service_for_Her_clients_2.png" /></p><p>Merissa Alexander, a 35-year-old single mother of three, luxury real estate professional, and one of Chicago’s rising industry powerhouses, is raising the bar once again.</p> SymPhysis Medical strengthens board with new chair and senior MedTech leaders 2025-12-03T19:17:49+00:00 2025-12-03T19:17:49+00:00 https://thephoenixnewspaper.com/symphysis-medical-strengthens-board-with-new-chair-and-senior-medtech-leaders Super User <p><img src="https://thephoenixnewspaper.com/images/BIZ_-_SymPhysis_Medical_strengthens_board_with_new_chair_and_senior_MedTech_leaders11.jpeg" /></p><p>Galway based MedTech company SymPhysis Medical has appointed Barry McBride as non-executive chair of its board, succeeding outgoing chairperson Suzanne Ryan.</p> <p><img src="https://thephoenixnewspaper.com/images/BIZ_-_SymPhysis_Medical_strengthens_board_with_new_chair_and_senior_MedTech_leaders11.jpeg" /></p><p>Galway based MedTech company SymPhysis Medical has appointed Barry McBride as non-executive chair of its board, succeeding outgoing chairperson Suzanne Ryan.</p> FG Gold, AFC and Afreximbank achieve financial close on US$330m senior debt financing for Baomahun Gold Project 2025-12-01T15:18:40+00:00 2025-12-01T15:18:40+00:00 https://thephoenixnewspaper.com/fg-gold-afc-and-afreximbank-achieve-financial-close-on-us$330m-senior-debt-financing-for-baomahun-gold-project Super User <p><img src="https://thephoenixnewspaper.com/images/BIZ_-_FG_Gold_AFC_and_Afreximbank_achieve_financial_close_on_US330m_senior_debt_financing_for_Baomahun_Gold_Project.jpeg" /></p><p>FG Gold Limited (“FG Gold”) is pleased to announce that it has achieved financial close and the first drawdown on its US$330 million Senior Debt Financing with Africa Finance Corporation (AFC) and the African Export-Import Bank (Afreximbank), for its Baomahun Gold Project, marking the development of Sierra Leone’s flagship large-scale commercial gold mine.</p> <p><img src="https://thephoenixnewspaper.com/images/BIZ_-_FG_Gold_AFC_and_Afreximbank_achieve_financial_close_on_US330m_senior_debt_financing_for_Baomahun_Gold_Project.jpeg" /></p><p>FG Gold Limited (“FG Gold”) is pleased to announce that it has achieved financial close and the first drawdown on its US$330 million Senior Debt Financing with Africa Finance Corporation (AFC) and the African Export-Import Bank (Afreximbank), for its Baomahun Gold Project, marking the development of Sierra Leone’s flagship large-scale commercial gold mine.</p> DRC government and AfDB adopt plan to improve portfolio performance 2025-11-30T19:21:14+00:00 2025-11-30T19:21:14+00:00 https://thephoenixnewspaper.com/drc-government-and-afdb-adopt-plan-to-improve-portfolio-performance Super User <p><img src="https://thephoenixnewspaper.com/images/BIZ_-_DRC_government_and_ADBG_adopt_plan_to_improve_portfolio_performance.jpeg" /></p><p>Following a joint review, the government of the Democratic Republic of Congo (DRC) and the African Development Bank Group (AfDB) have approved a plan to improve the performance of the institution's project portfolio in the Central African country.</p> <p><img src="https://thephoenixnewspaper.com/images/BIZ_-_DRC_government_and_ADBG_adopt_plan_to_improve_portfolio_performance.jpeg" /></p><p>Following a joint review, the government of the Democratic Republic of Congo (DRC) and the African Development Bank Group (AfDB) have approved a plan to improve the performance of the institution's project portfolio in the Central African country.</p> Policybazaar launches seamless US Dollar investment options for NRIs through GIFT City 2025-11-28T12:09:57+00:00 2025-11-28T12:09:57+00:00 https://thephoenixnewspaper.com/policybazaar-launches-seamless-us-dollar-investment-options-for-nris-through-gift-city Super User <p><img src="https://thephoenixnewspaper.com/images/BIZ_-_Policybazaar_launches_seamless_US_Dollar_investment_options_for_NRIs_through_GIFT_City.jpeg" /></p><p>Policybazaar, one of India's largest online insurance platforms, announced a significant expansion of its global investment portfolio for Non-Resident Indians by enabling direct&nbsp;<a href="http://email.prnewswire.com/ls/click?upn=u001.v-2BJ3gj6ki5QD5j-2Fn6dQLimxerABolZgBxsJleBsyRcCwzgV9gZDVFbfOvq9G2GPIPyLjeMw6CukiJYpr-2BagieA-3D-3DsPNu_6jWoDsucP9FaN5Fexj4dxTLo85IHFVfd19pA5ynrQzGVEu16OGvM2CzIsxgFtO58pcWi2S4neuEPYPcWauzC6PGezgSXEuUTb7H0TILrGcT8L4B7yih2S7wwX5LD7K-2Bd1ktqcPb1URi1iJ4zkpdVlQy3s7bwcGLYx81kxGCVNrScmCbkdb-2BgIIKrhJ6npGY-2FAuDAqooJo9fElz-2Fw226p-2B-2FBXwQ3SlN55oYY8zeY59NJx5WJuUFOK6MmudcKZ-2FYbXvXlnoYiLIKz1Pf2zEeAE0zSe7r5-2BbZdtcqDMkwRqBOIZtG-2F5cl8FIgP6lQvImzrqqb65aGLjug4WT7YiOgwZFqSigu8OFWlpi4R4D1luNeJ2jOH8rhDmy-2BSVSc-2FwUP6V">US dollar–based investments through GIFT City</a>.</p> <p><img src="https://thephoenixnewspaper.com/images/BIZ_-_Policybazaar_launches_seamless_US_Dollar_investment_options_for_NRIs_through_GIFT_City.jpeg" /></p><p>Policybazaar, one of India's largest online insurance platforms, announced a significant expansion of its global investment portfolio for Non-Resident Indians by enabling direct&nbsp;<a href="http://email.prnewswire.com/ls/click?upn=u001.v-2BJ3gj6ki5QD5j-2Fn6dQLimxerABolZgBxsJleBsyRcCwzgV9gZDVFbfOvq9G2GPIPyLjeMw6CukiJYpr-2BagieA-3D-3DsPNu_6jWoDsucP9FaN5Fexj4dxTLo85IHFVfd19pA5ynrQzGVEu16OGvM2CzIsxgFtO58pcWi2S4neuEPYPcWauzC6PGezgSXEuUTb7H0TILrGcT8L4B7yih2S7wwX5LD7K-2Bd1ktqcPb1URi1iJ4zkpdVlQy3s7bwcGLYx81kxGCVNrScmCbkdb-2BgIIKrhJ6npGY-2FAuDAqooJo9fElz-2Fw226p-2B-2FBXwQ3SlN55oYY8zeY59NJx5WJuUFOK6MmudcKZ-2FYbXvXlnoYiLIKz1Pf2zEeAE0zSe7r5-2BbZdtcqDMkwRqBOIZtG-2F5cl8FIgP6lQvImzrqqb65aGLjug4WT7YiOgwZFqSigu8OFWlpi4R4D1luNeJ2jOH8rhDmy-2BSVSc-2FwUP6V">US dollar–based investments through GIFT City</a>.</p> Stakeholders respond to Chancellor’s Budget 2025-11-27T20:21:50+00:00 2025-11-27T20:21:50+00:00 https://thephoenixnewspaper.com/stakeholders-respond-to-chancellors-budget Super User <p><img src="https://thephoenixnewspaper.com/images/BIZ_-_Stakeholders_respond_to_the_Budget.jpeg" /></p><p>In response to the recent Budget, Richard Walker, CEO of Iceland said:&nbsp;“This is a much needed shot in the arm for the high street. I’ve long argued for business rate reform, and at last we are seeing it.</p> <p><img src="https://thephoenixnewspaper.com/images/BIZ_-_Stakeholders_respond_to_the_Budget.jpeg" /></p><p>In response to the recent Budget, Richard Walker, CEO of Iceland said:&nbsp;“This is a much needed shot in the arm for the high street. I’ve long argued for business rate reform, and at last we are seeing it.</p> Minimum wage rise 'fantastic news for millions’ – GMB says 2025-11-26T20:05:24+00:00 2025-11-26T20:05:24+00:00 https://thephoenixnewspaper.com/minimum-wage-rise-fantastic-news-for-millions-%E2%80%93-gmb-says Super User <p><img src="https://thephoenixnewspaper.com/images/BIZ_-_Minimum_wage_rise123.jpg" /></p><p>The GMB Union has responded to the National Minimum Wage and National Living Wage, announced by the Chancellor of the Exchequer.</p> <p><img src="https://thephoenixnewspaper.com/images/BIZ_-_Minimum_wage_rise123.jpg" /></p><p>The GMB Union has responded to the National Minimum Wage and National Living Wage, announced by the Chancellor of the Exchequer.</p> Chancellor announces increase to the National Living Wage and National Minimum Wage 2025-11-26T19:49:32+00:00 2025-11-26T19:49:32+00:00 https://thephoenixnewspaper.com/minimum-wage-rise-fantastic-news-for-millions-%E2%80%93-gmb-says Super User <p><img src="https://thephoenixnewspaper.com/images/BIZ_-_Chancellor_announces_increase_to_the_National_Living_Wage_and_National_Minimum_Wage.png" /></p><p>In a&nbsp;<a href="https://youtube.com/shorts/BurtuhKdteE?feature=share">video message</a>&nbsp;posted today, the Chancellor of the Exchequer, Rachel Reeves said:&nbsp;“I know that the cost of living is still the number one issue for working people and that the economy isn't working well enough for those on the lowest incomes.&nbsp;</p> <p><img src="https://thephoenixnewspaper.com/images/BIZ_-_Chancellor_announces_increase_to_the_National_Living_Wage_and_National_Minimum_Wage.png" /></p><p>In a&nbsp;<a href="https://youtube.com/shorts/BurtuhKdteE?feature=share">video message</a>&nbsp;posted today, the Chancellor of the Exchequer, Rachel Reeves said:&nbsp;“I know that the cost of living is still the number one issue for working people and that the economy isn't working well enough for those on the lowest incomes.&nbsp;</p> African Development Fund commits $14 million grant to scaling up climate resilience across the Sahel 2025-11-25T15:03:47+00:00 2025-11-25T15:03:47+00:00 https://thephoenixnewspaper.com/african-development-fund-commits-$14-million-grant-to-scaling-up-climate-resilience-across-the-sahel Super User <p><img src="https://thephoenixnewspaper.com/images/BIZ_-_African_Development_Fund_commits_14_million_grant_to_scaling_up_climate_resilience_across_the_Sahel.png" /></p><p>The Board of Directors of the African Development Fund has approved a grant of $14.64 million to support Project 2 of the Programme to Strengthen Resilience to Food and Nutrition Insecurity in the Sahel (P2-P2RS) in Abidjan on 21 November 2025.</p> <p><img src="https://thephoenixnewspaper.com/images/BIZ_-_African_Development_Fund_commits_14_million_grant_to_scaling_up_climate_resilience_across_the_Sahel.png" /></p><p>The Board of Directors of the African Development Fund has approved a grant of $14.64 million to support Project 2 of the Programme to Strengthen Resilience to Food and Nutrition Insecurity in the Sahel (P2-P2RS) in Abidjan on 21 November 2025.</p>