Rishi Sunak hints at further tax cuts in ‘sales pitch’ to global investors November 27, 2023 Rishi Sunak hinted at further tax cuts to come today as he used last week’s Autumn Statement to launch a “sales pitch” on global investors at a government investment summit in London.
Swedish heat pump firm aims to convert one million UK homes with £300m investment November 27, 2023 A Swedish heat pump firm has pledged to inject £300m into the UK over the next three years and create 8000 jobs by 2033 in a boost to government plans to shift UK homes away from gas boilers.
Short-changed: Woodford investors told to reject FCA’s ‘bad deal’ November 24, 2023 Burnt investors in Neil Woodford’s collapsed investment fund should reject the “bad deal” tabled by regulators and instead pursue their own compensation, the law firm litigating against the fund has said today.
Boots and L&G strike ‘largest ever single transaction’ pension deal as buy-in flurry continues November 24, 2023 Boots has struck a record £4.8bn buy-in deal with L&G today which will see liabilities for the retailer’s pension scheme shifted over to the insurance giant.
City minister pledges regulatory shake-up for the Square Mile in maiden speech November 23, 2023 The new City minister Bim Afolami took aim at cumbersome regulation in the Square Mile today as he laid out plans for a wave of rules reform in his maiden speech.
Lloyd’s chair: This Bazball fan thinks the City needs to play with more risk November 23, 2023 Charlie Conchie interviews the biggest names in the City. This week it's MCC and Lloyd's of London Chair, Bruce Carnegie-Brown.
‘A common sense move’: Boost for retail investors as Hunt confirms ISA shake up November 22, 2023 Jeremy Hunt has confirmed a sweeping shake-up of the UK’s individual savings account (ISA) regime today in a bid to free up cash to flow into the company’s equity markets.
Natwest: Hunt plots ‘tell Sid’ sale of remaining government stake November 22, 2023 Hunt has revealed the government will look to offload its remaining stake in Natwest to retail investors over the next year as part of a bid to boost participation in public markets.
Hunt lays out plans for sweeping pension consolidation to unlock start-up cash November 22, 2023 The Chancellor Jeremy Hunt has laid out plans to consolidate the fragmented pension market in the UK riday in a bid to channel potentially billions of pounds of capital into start-ups and listed companies.
Venture capital firms rush to sign up as pension funds prepare £75bn bonanza November 21, 2023 Another wave of the UK’s venture capital and growth investors have thrown their weight behind efforts to get pension money flowing into start-ups today by signing the government’s Venture Capital Investment Compact.