FTSE 100 closes above 8,300 barrier amid global rally May 7, 2024 London's FTSE 100 posted a new intraday record on Tuesday amid a global stock market rally driven by renewed optimism on interest rate cuts from major central banks.
Rachel Reeves: Nigel Lawson was ‘right’ on not abolishing National Insurance May 7, 2024 Labour’s shadow Chancellor, Rachel Reeves, speaking in the City of London today, set out her party’s attack lines on the Tories’ economic record following the local and mayoral elections last week.
Natwest bonus scheme planned for Tell Sid shareholders May 6, 2024 Natwest shareholders will be awarded bonus shares if they hold onto its stock for more than a year, plans for the sale of the government's stake in the bank have indicated.
FCA chiefs set for Westminster grilling over ‘name and shame’ plans May 3, 2024 The grilling will be the latest in a series of skirmishes between the regulator and Westminster after Chancellor Jeremy Hunt waded into the debate this week, urging the FCA to “re-look” at the measures.
Don’t tell Sid! Government’s Natwest sale could be ‘dangerous’, says FTSE 250 chief May 3, 2024 The government’s plan to offload its remaining stake in Natwest could be “dangerous” and lead to a flood of retail investors ramping up their exposure to a single stock, the chief of a FTSE 250 wealth manager has warned.
City lawyer urges the government to ‘take back control’ of the FCA May 2, 2024 A City lawyer launched an extraordinary call for the government to “take back control” of the regulator yesterday after Jeremy Hunt rounded on the FCA over its plans to name firms under investigation. The Chancellor told the FT he hoped the Financial Conduct Authority (FCA) would “re-look” at its decision to make public the subjects of its [...]
Jeremy Hunt goes to bat for City firms with FCA ‘name and shame’ criticism May 1, 2024 Jeremy Hunt, the Chancellor, launched a rare broadside against the FCA over its name and shame plans
Why we should be cautious about rising business confidence April 30, 2024 A number of surveys have said that business confidence in the UK is on the up and the economy is set to rebound. But dig a little deeper, the news might not quite be as rosy as it sounds, Chris Dorrell writes
Natwest shareholders approve proposal to buy back 15 per cent of shares from government April 23, 2024 Natwest shareholders have approved the bank's proposal to buy more of its stock from the government to accelerate its privatisation, potentially leaving the Treasury with fewer shares to offer retail investors.
Why Jeremy Hunt’s hopes of another round of tax cuts look remote April 23, 2024 Although these figures do not directly feed into Hunt's fiscal headroom at the next fiscal event, it is a sign of just how little wiggle room the Chancellor will have to cut taxes.