Jeremy Hunt: No tax cuts on the cards before next general election September 11, 2023 Jeremy Hunt has hinted that tax cuts are unlikely to be on offer before the next general election after warning that inflation had proved “stickier than was forecast”. The Chancellor told Bloomberg that he did not expect to have more fiscal headroom at the Autumn Statement — compared with the spring Budget — and “debt [...]
Analysis: Sunak’s China challenge September 11, 2023 Can Rishi Sunak deal with the threat of China after an alleged spy for the CCP was found at the heart of Parliament?
Wilko to shut all 400 stores, putting 12,500 jobs at risk September 11, 2023 All 400 Wilko stores will shut, putting 12,500 jobs at risk, according to a statement from the GMB union. Staff were informed about the development this morning and the group warned that it is now likely that all staff will be made redundant. It comes after a deal to acquire around 100 Wilko stores by [...]
Rishi Sunak dodges commitment to pensions ‘triple lock’ in Tory manifesto September 11, 2023 Rishi Sunak has dodged a commitment to include the pensions ‘triple lock’ in the next Tory election manifesto. The Prime Minister now risks a backlash from his own MPs who will worry about turning off older voters in the general election. It comes amid reports ministers could consider a cut to benefits ahead of voters [...]
Arm: Chip firm expecting to close IPO at top of $50bn-plus range September 11, 2023 British chip designer Arm is reportedly set to hit the upper range of its valuation target as the year's biggest IPO creeps towards completion.
London Stock Exchange bolsters top team with deputy chief for reform offensive September 11, 2023 The London Stock Exchange has promoted its head of primary markets to deputy chief executive today as it looks to push ahead with a reform offensive this year.
John Lewis boss: Fix high street or risk “looting grounds” in city centres September 11, 2023 A lack of attention will see "embolden shoplifters and organised gangs" take over the high street, Sharon White reckons
Kroo kicks off £70m fundraise as it targets profitability September 11, 2023 Digital bank Kroo is looking to raise a fresh round of cash from investors as it targets a swing to profit in the coming months, the firm announced today.
In pictures: Celebs take to the trading floor at BGC’s September 11 Charity Day September 11, 2023 BGC saw the likes of Rio Ferdinand, Clare Balding and Davina McCall executing trades as part of an annual September 11 charity day
Could Argentina be next to adopt Bitcoin as legal tender? September 11, 2023 Nigel Green casts an eye over Argentina's financial situation and believes the nation has a strong case for adopting Bitcoin.