CK Infrastructure jumps on London Stock Exchange debut as rules shake-up pays off August 20, 2024 Shares in CK Infrastructure Holdings have risen on their London debut as the Hong Kong investor became the first company to list its shares since a sweeping overhaul of listing rules in July.
FTSE 100: London stocks jump and pound slides after Bank of England cuts interest rates August 1, 2024 London stocks jumped this afternoon and the pound hit a one month low after the Bank of England moved to scale back interest rates from a 16-year high at its latest monetary policy meeting.
City warns over punishing impact of capital gains tax raid August 1, 2024 City bosses have sounded the alarm on a hike in capital gains tax (CGT) today as Rachel Reeves rolls the turf for a sweeping round of tax raids at her first budget in October.
Sadiq Khan’s office apologises after failing to probe concerns tied to ex-deputy mayor July 31, 2024 The Mayor of London’s office has apologised to a whistleblower after failing to investigate concerns around the business dealings of one of Sadiq Khan’s former deputies, Rajesh Agrawal, City A.M. can reveal.
Pension money managers hail ‘progress’ on start-up plans despite sluggish investment July 30, 2024 Pension money managers that backed a plan to pump cash into start-ups last year have hailed “good progress” today despite still investing a fraction of their total assets into so-called growth companies.
Why London’s labour market is ‘stuck in a rut’ despite a brighter UK economy July 30, 2024 London’s labour market is stuck at a “standstill” as firms hold back expansion plans despite signs the economy is picking up pace, a new survey has shown.
FCA to strip back red tape after conceding consumer duty ‘overlap’ July 29, 2024 The Financial Conduct Authority (FCA) will strip back red tape from the City and “streamline” its regulatory rulebook after conceding that its stringent consumer duty rules were overlapping with swathes of existing regulation.
FCA shakes up prospectus regime in bid to revive beleaguered capital markets July 26, 2024 The Financial Conduct Authority (FCA) has laid out a shake-up of the UK’s prospectus regime today as part of a sweeping package of reforms designed to boost the country’s capital markets.
Jupiter investors accelerate exodus over departure of star stock-picker July 26, 2024 London funds house Jupiter saw outflows accelerate in the first six months of the year as investors grew nervous over the departure of star stock picker Ben Whitmore. In its half year report today, the FTSE 250 investment group said it had notched total net outflows of £3.4bn in the six months to the end [...]
Lloyds Bank profit slides as interest rate boom slows July 25, 2024 Lloyds Banking Group recorded a slide in profit in the first half of the year after a surge in costs and a slowdown in the amount of cash it was making on the back of interest rates. The group – which owns Lloyds Bank, Halifax, Bank of Scotland and Scottish Widows – reported a pretax [...]
