How I crafted the perfect recipe for my multimillion-pound biscuit brand December 3, 2024 Building a successful business takes a focussed mind and a steady hand - but can you have both?
Lord Mayor urges Starmer to ‘unleash the City’ December 3, 2024 The government is facing fresh calls to accelerate its reform of City rules and stem the “exodus” of cash away from London’s markets, as the new Lord Mayor last night urged ministers to develop a more supportive tax and regulatory environment. In his first major speech since becoming Lord Mayor in November, Alastair King urged [...]
Starmer vows to put Ukraine ‘in strongest possible position for negotiations’ with Russia December 2, 2024 The Prime Minister will say that Ukraine must be put in the “strongest possible position for negotiations” with Russia, addressing the possibility of a negotiated settlement for the first time. Speaking at the Lord Mayor’s Banquet, Sir Keir Starmer will tell attendees at the white tie Guildhall dinner that the eastern European nation must be [...]
UK needs to innovate at wartime pace, defence secretary says December 2, 2024 The UK needs “innovation at a wartime pace”, the defence secretary has said as he announced a new strategy for the industry. As he launched a defence industrial strategy, which is being developed alongside the government’s strategic defence review, John Healey said war game exercises to test the military’s capabilities will be carried out with [...]
Lord Mayor criticises ‘misalignment’ of tax in call to unleash the City December 2, 2024 The Lord Mayor of London will rebuke the government for a “misalignment” in its fiscal policy tonight as he calls for ministers to “look again” at a tax on share trading and incentivise investors to back London Stock Exchange-listed companies. In his first major speech since becoming Lord Mayor in November, Alastair King will urge [...]
US funds soar in November while gold prices sink December 2, 2024 US-focused funds topped the charts in November following Donald Trump’s presidential victory, while gold and precious metal funds struggled to maintain their previously strong performance. The average North America-focused fund grew by 7.2 per cent throughout the month, with North American Smaller Companies growing by a whopping 11.9 per cent. This led the best performing [...]
New jobs for former Chancellor Philip Hammond and Labour’s Iain McNicol December 2, 2024 The former Chancellor and the former general secretary of the Labour Party Lord Iain McNicol have joined the board of a tax consultancy
‘Good news for insurers’ after government ups personal injury discount rate December 2, 2024 Lord Chancellor revealed that the personal injury discount rate will increase to 0.5 per cent, in a move welcomed by the insurance industry
Ministers must act to slow London Stock Exchange investor ‘exodus’, says Peel Hunt chief December 2, 2024 Ministers must do more to stop the “exodus” of cash from the London Stock exchange after 41 consecutive months of outflows from UK equity funds, the boss of Peel Hunt has warned. In an interview with City AM, Steven Fine, who heads the AIM-listed broking house, said the speed of money leaving the market was [...]
New top civil service boss named to replace Simon Case December 2, 2024 Sir Chris Wormald, a former health department boss, has been named as the new head of the UK’s civil service and cabinet secretary. Downing Street confirmed the appointment of Sir Chris, who will replace Simon Case in the head of the civil service role, advertised with a £200,000 salary, this afternoon. Wormald has led the [...]