Get ready for £30bn tax raid, City analysts warn July 5, 2025 Top City economists have warned welfare U-turns and President Trump’s damage to growth prospects will lead to tax hikes worth £30bn this autumn. Chancellor Rachel Reeves suggested last year’s £40bn tax raid on businesses, homeowners and investors was a “once in a parliament reset” while Keir Starmer has suggested the UK could not “tax [its] [...]
WFH: Office workers in line for quicker promotions and higher pay June 17, 2025 Staff who attend the office regularly can expect bigger pay rises and faster promotions than peers who prefer to work from home (WFH), a fresh survey of top employers has found. According to research from recruitment shop Reed, over two thirds (68 per cent) of UK companies are more likely to compensate office regulars with [...]
Deutsche Bank HQ crowned as Square Mile’s building of the year June 11, 2025 Deutsche Bank’s “tour de force” headquarters at Moorgate has won the annual City of London Building of the Year Award, unanimously beating the competition. It’s the second time in a row Wilkinson Eyre has won the prestigious award, with judges lauding 21 Moorfield’s architectural and technical complexity. The award’s jury, made up of architects, experts [...]
Deutsche Bank: £10bn of tax hikes coming in Autumn Budget June 3, 2025 Chancellor Rachel Reeves is expected to raise taxes by at least £10bn in this year’s Autumn Budget as rising inflation and increased spending eat into the Treasury’s fiscal headroom. “With a tough Spending Review due in June, we expect fiscal news to worsen over the coming months,” said Deutsche Bank analysts in a research note. [...]
Jupiter Fund Management stock price upgraded by City broker May 27, 2025 Jupiter Fund Management has been upgraded from a Hold to an Add by City broker Peel Hunt, with analysts praising the group’s cost-cutting programme. The asset management giant’s stock price target was increased from 76p to 90p by the broker, sending its stock price soaring nine per cent to 89p. Peel Hunt praised “early signs [...]
Interest rate cut hopes fade after Bank of England decision May 8, 2025 City investors have lowered expectations of multiple interest rate cuts later in the year after the Bank of England decided to reduce rates to 4.25 per cent. Prior to the Bank’s decision on Thursday at 12.02 pm, markets priced in around three more cuts this year in predictions that would take interest rates to 3.5 [...]
Sell in May and go away: Why the old adage might be true this year May 1, 2025 “Sell in May and go away, don’t come back until St Leger’s Day”. The phrase is an oft-quoted investment adage, referring to the Doncaster St Leger’s Stakes horse race in mid-September, a favourite fixture in the financial world. In the past, wealthy investors took the summer months off, causing a drop in trading activity and [...]
Deutsche Bank: The market has ‘lost faith’ in US assets April 9, 2025 A “remarkable” sell-off in the dollar and US Treasuries suggests global markets have lost faith in American assets, and risks sparking an “outright financial war” that could force the Federal Reserve into another round of quantitative easing, Deutsche Bank’s top FX analyst has warned. In a wide-ranging note on Wednesday, George Saravelos said that the [...]
City broker downgrades outlook for luxury stocks LVMH, Burberry and Richemont April 9, 2025 City broker Deutsche Bank has downgraded the target share price for a host of luxury companies as the impact of Trump’s tariffs starts to filter through analyst forecasts. The broker rated Richemont, LVMH, Moncler and Kering a ‘Hold’, downgrading the share price for each company. “The direct impact of the tariffs is not a huge [...]
Raspberry Pi: Profit cut in half at FTSE 250 tech firm April 2, 2025 Raspberry Pi’s profit before tax fell 57 per cent over 2024 to just $16.3m (£12.6m) as issues with inventory correction finally hit the firm. The FTSE 250 tech firm’s adjusted operating profit dipped 15 per cent to $37.2m (£28.8m), it revealed in its annual results. Analysts had expected a fall in the firm’s profit, forecasting [...]