Skills England launched with pledge to cut ‘over-reliance’ on migrant labour July 22, 2024 Announcing the new body, Prime Minister Keir Starmer said he wanted to reduce firms' "over-reliance" on migrant workers.
Aviva and Lloyds among City firms to back National Wealth Fund investment drive July 22, 2024 The Investment Delivery Forum, founded by seven of the UK’s biggest insurance and long-term saving firms, has pledged to pump billions of pounds into Reeves’ new wealth fund.
Rachel Reeves promises ‘big bang’ on growth as she launches pensions review July 21, 2024 The review will explore ways in which billions of pounds worth of assets held by pension funds could be directed to productive assets, helping to fuel growth across the country.
Here’s what the Czech Sphinx is planning for Royal Mail July 18, 2024 EP Group will offer a legally binding guarantee that there will be no change in control of GLS or Royal Mail for three years following the acquisition.
The Notebook: Sheerluxe’s ‘AI fashion editor’ shows perils of trying to be cutting edge July 18, 2024 Sheerluxe's decision to hire an 'AI-enhanced fashion editor' shows the perils of trying to be cutting edge, writes Anna Moloney.
City accountancy firms KMPG, PwC, EY and Forvis Mazars react to audit watchdog overhaul July 17, 2024 All "welcomes" from the sector that it set to see its audit watchdog overhauled and reformed into a new regulator, which will have additional powers at its realm
King’s Speech: Pension schemes to be merged into ‘superfunds’ under Reeves’ shake-up July 17, 2024 Pension schemes will be pushed to pool their assets in “superfunds” as part of government plans to divert more of the country’s retirement cash into the economy and boost returns for savers, ministers have announced.
Sunak missed the mark on AI. Now it’s up to Starmer to do better July 17, 2024 While most companies do not want cumbersome rules, they do want clarity on the regulatory front, which is essential to provide businesses and consumers with certainty.
‘We have to rethink the narrative’: Mariana Mazzucato on how Labour should address an era of crisis July 17, 2024 Still, Keir Starmer was elected on a platform of change and, as Milton Friedman once said, "only a crisis - actual or perceived - produces real change." For Friedman, a government's response depended on the ideas that are "lying around".
UK gets another upgrade but Labour’s growth target looks ‘unlikely’, PwC says July 17, 2024 New forecasts from PwC suggest the UK will grow around one per cent this year, up from the 0.5 per cent projected by the firm at the end of last year.