‘The mood change is palpable’: UK firms feel Labour lift despite looming tax raid, says Peel Hunt September 3, 2024 The UK economy is “rebounding solidly” and the City of London is reaping the benefits of the Labour government’s ‘growth agenda’ despite fears of an looming round of swinging tax cuts, one of the Square Mile’s top investment banks has said.
‘Little luxuries’ and warm weather boost card spending September 3, 2024 The summer heatwave, along with the ‘sweet treat economy’ pushed card spending to return to growth in August, although it remained below consumer inflation. Card spending grew by one per cent in August, below the CPIH inflation rate of 3.1 per cent. Almost half of consumers said they continued to spend on small, luxury purchases [...]
Labour gives TfL go-ahead to build 350 new homes near Cockfosters tube station September 3, 2024 Some 350 new homes, 40 per cent affordable, will be built at Cockfosters tube station on the Northern end of the Piccadilly Line.
UK retail sales ticked up in August in a summertime boost September 3, 2024 UK retail sales ticked up in August, according to fresh data, after consumer confidence was boosted by good weather.
Could venture capital firms miss out on the great pension fund start-up splurge? September 3, 2024 The UK's top pension fund managers are poised to pump billions into the UK's start-ups - but venture capital investors keen for cash may play a smaller part than they had hoped, writes Charlie Conchie
Young Londoners spend more time in office than older workers, survey finds September 3, 2024 Young workers in London spend more of their time working from the office than any other age group, an international survey of return to work habits has found. London saw another year-on-year rise in attendance, with average central London full-time workers spending more than half the working week, or 2.7 days, in the office in [...]
Cat-shaped confectionery brand Candy Kittens’ taste of sweet success September 3, 2024 Ambition A.M. speaks to entrepreneur Jamie Laing, who started confectionery brand Candy Kittens with co-founder Ed Williams in 2012.
Why one in every 50 babies born in Taiwan has a parent who works for this company September 3, 2024 The Taiwan Semiconductor Manufacturing Company isn’t just the world’s biggest producer of chips, its family-friendly working practices are yielding another important output: babies, writes Phoebe Arslanagić-Little The Taiwan Semiconductor Manufacturing Company (TSMC) is a globally crucial business, the world’s leading manufacturer of semiconductors and producer of nearly 90 per cent of the most advanced chips. [...]
Teaching unions may come to regret Ofsted reforms September 3, 2024 Abolishing one-word Ofsted judgements could be a good thing, but not for the reasons the government says, writes David Thomas The government has abolished single-word Ofsted judgments. For now schools will get grades for each of the four sub-categories currently in use, and from next year they’ll be replaced by a report card. Unions are [...]
Supermarket and McDonald’s bosses to meet ministers over workers’ rights reforms September 2, 2024 Bosses from UK supermarkets and McDonald’s are set to meet government ministers to be updated on plans for new laws around workers rights. Deputy Prime Minister Angela Rayner and business secretary Jonathan Reynolds will join John Lewis CEO Nish Kankiwala; Sainsbury’s CEO Simon Roberts; Claire Costello, chief people and inclusion officer at the Co-Op; and [...]