London to power UK economy away from recession and clinch best growth across the country February 27, 2023 London will power the UK economy out of recession and is poised to be the fastest growing area in the country over the coming years, new forecasts out today reveal. The capital’s economy is on track to expand 2.6 per cent each year between 2024 and 2026, pushing it to the top of the countrywide [...]
Recession fears chill UK investment as CBI urges Jeremy Hunt to rethink tax grab at March budget February 27, 2023 British businesses are poised to mothball investment due to uncertainty over whether the country is on course to tip into a recession and a looming tax grab, a new survey out today indicates. Fears of a slowdown in spending caused by families’ finances being squeezed by the cost of living crisis has knocked optimism among [...]
The DUP lives rent free in Sunak’s mind and our collective political memory February 27, 2023 How the DUP have carved out an outsized place in the post-Brexit political zeitgeist.
We can help the Gulf states go green by increasing our trade ties and investment February 27, 2023 Investing in the UK is an opportunity for the Gulf States to revolutionise their infrastructure and make it sustainable, writes Nicholas Lyons
Collecting ethnicity data for the pandemic taught City diversity chiefs hard lessons February 27, 2023 During the pandemic, Covid-19 was believed to have higher mortality rates for people from ethnic minorities, but a lack of accurate data meant we couldn't fully understand how deep the problem went. We face the same problems in the corporate work, writes Sophie White.
Boss of Newport Wafer Fab’s Chinese owner convicted for stealing tech secrets February 26, 2023 The boss of the Chinese company that owns Britain’s largest semiconductor factory was handed a jail sentence over allegations he stole trade secrets, it has been revealed. Zhang Xuezheng, the founder of Wingtech, was sentenced to 17 months in jail and fined in 2005 for buying trade secrets from ZTE, his old employer, The Sunday [...]
Revolut set to secure UK banking licence within weeks after releasing late accounts February 26, 2023 The digital bank is on track to clear a major hurdle to receiving formal recognition from regulators this week when it releases its long overdue financial accounts for 2021.
Insurance sector deal-making hits decade high but 2023 outlook remains shaky February 26, 2023 Insurance sector M&A deals surged to a 10-year high in 2022, as the end of Covid-19 drove an uptick in deal-making activity. Insurance companies completed 449 M&A deals last year, marking the highest number of deals for a decade, new data from Clyde & Co shows. The surge in deals, from 418 in 2021 to [...]
Norwegian billionaire fails to overturn conviction for lying to UK court in £285m Deutsche Bank dispute February 26, 2023 Norwegian billionaire Alexander Vik has failed to overturn a conviction for lying to a UK court during a £285m dispute with Deutsche Bank. Deutsche Bank first sued the magnate’s company, Sebastian Holdings, back in 2009 over a series of loss-making foreign exchange deals, and the court has since ordered the firm to pay $243m (£203m) [...]
Top Home REIT shareholder Liontrust slams ‘serious shortcomings’ as it mulls next move February 26, 2023 Top Home REIT investor Liontrust has slammed “serious shortcomings” at the beleaguered social housing firm and said it is mulling “propositions” with other major shareholders to try and steady the ship.
