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Business

  • Empresaria shares plummet as staffing firm warns of challenging quarter ahead

    October 22, 2024

    In the third quarter, Empresaria reported that net fee income was down four per cent year-on-year.

  • Government should consider Post Office mutualisation, ex-minister says

    October 20, 2024

    The government should consider plans to turn the Post Office into a John Lewis-style mutual, a former business minister has said, amid reports Whitehall is looking at the viability. Conservative shadow business secretary Kevin Hollinrake has said he would support a proposal to transform the Post Office’s business structure into a mutual in which customers [...]

  • Professional services chiefs fear Gen Z workplace demands are a key ‘threat’

    October 16, 2024

    Managing a Gen Z workforce is a leading worry for professional service CEOs, as it was revealed they lack the confidence in handling the younger employees.

  • Khan says London is open for business as tech firms confirm expansion plans

    October 14, 2024

    Three tech firms Mphasis, Constant Contact and Moonpay, are set to expand, invest and launch in London in the coming months, mayor Sadiq Khan has announced. The Indian IT giant, US-based marketing firm and Miami-headquartered fintech have all unveiled upcoming plans to boost their presence in the UK capital. Mphasis opened a new London office [...]

  • Starmer appoints former Darktrace boss as new investment minister in ‘scaled up’ department

    October 11, 2024

    Prime Minister Keir Starmer has announced the government’s new investment minister after more than 100 days in office, amid criticism from City groups it took too long. Former Darktrace chief executive Poppy Gustafsson has been appointed to the role, taking charge of the ‘scaled up’ Office for Investment. The appointment is part of what the government [...]

  • Labour’s arrogance is disrespectful to business

    October 10, 2024

    When it emerged that Boris Johnson reportedly muttered “f**K business” during a meeting as Prime Minister, he was rightly castigated. For many people it marked an emphatic break in the relationship between government and the private sector. We might not be able to point to any similarly totemic moment in Keir Starmer’s first three months [...]

  • Labour pulls back from ‘day one’ protections as it unveils workers’ rights overhaul

    October 10, 2024

    Labour has pulled away from its pledge to give employees protection from unfair dismissal from the first day in a job, according to reports, as it unveils its long-awaited package of employment reforms today. The Employment Rights Bill, which Labour promised to introduce within its first 100 days, is set to be laid before Parliament [...]

  • New sanctions unit launched with ‘enhanced powers’ to fine businesses

    October 10, 2024

    The UK government has launched a new unit to crackdown on businesses that are in breach of UK sanctions, in an effort to strengthen Britain's sanctions regime

  • CMC Markets: Lord Cruddas’ firm set for big jump in profit amid ‘sustained’ client activity

    October 9, 2024

    Costs are expected to be around seven per cent lower than last year thanks to "disciplined cost management", which should help the firm return to profit.

  • Motorpoint: Used car supermarket returns to profitability after ‘most difficult year’ in its history

    October 8, 2024

    It reported retail volume growth of 17 per cent in the first half with "strong momentum" going into the next six months.

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