Ratcliffe’s Ineos could sell off assets as chemicals sector struggles Markets Ineos is reportedly considering selling off parts of its business, as the chemicals giant attempts to shore up its finances amid a wider industry downturn. The firm founded and chaired by Jim Ratcliffe has held preliminary talks about selling off parts of its vinyls business Inovyn, Europe’s largest producer of PVC, a plastic widely used [...]
Number of job seekers spike as high taxes continue to hurt UK economy Economics The number of job seekers has spiked while a rise in starting salaries was “fractional”, according to analysis of leading survey data, in signs the jobs market is struggling to shake off higher taxes and low growth prospects. New monthly findings by the Recruitment and Employment Confederation (REC) and KPMG have pointed to another rise [...]
What’s behind London FTSE 100’s record run? Markets So far this year the FTSE 100 has climbed just under eight per cent, which puts it roughly in line with peers in Frankfurt and Paris.