Prudential: New CEO gears up for first day at insurance giant February 23, 2023 Anil Wadhwani is to start his role as chief executive of Prudential on Saturday 25 February, the company has announced As previously announced in May 2022, Anil Wadhwani will join Prudential as chief executive. He will present 2022 Full Year Results on 15 March 2023 and will begin meeting with investors and stakeholders thereafter. Mark FitzPatrick, chief executive since 1 [...]
UK public services struggling despite near 70-year tax high, report warns February 23, 2023 UK public services can no longer match people’s expectations despite the tax burden being on course to hit a 70-year high, a think tank report has warned. Government decisions to date have done “little to shift the dial,” the Institute for Government (IfG) and CIPFA warned today in their latest performance tracker on the state-run [...]
The Conservative morality of Kate Forbes will never lead Sturgeon’s party February 23, 2023 People who oppose Kate Forbes' leadership are not intolerant, just realistic. A social conservative can't lead a socially liberal party, in the same way a pro-European can't lead Eurosceptics, writes Will Cooling
Let’s be honest, American taxpayers are doing us a huge favour with green subsidies February 23, 2023 US President Joe Biden might think playing a trade war with the EU over green subsidies is a good idea. For our part, the UK should stay out of it and reap the benefits, writes Harrison Griffiths
We didn’t know it, but it was 2015 not 2008 that changed the housing market forever February 23, 2023 2015 was the year when the "demand and supply" argument in housing was won and lost. Supply won the argument, because in order to build more, we have to drive more affordability first, writes Giles Mackay
Football regulator may help deliver long-term sustainability for beautiful game February 22, 2023 This paper of free markets and liberal economics may not, you might think, be in favour of a new regulator. But a new referee for the business side of the beautiful game is not one to be dismissed out of hand. In fact, it has plenty going for it. At first principles, the best results [...]
Rishi Sunak: PM’s personal poll ratings hit record lows February 22, 2023 Rishi Sunak’s approval rating has reached its lowest point yet amid widespread pessimism about Brexit and the direction of the UK. Just 27 per cent of people told pollster Ipsos that they had a favourable opinion of the Prime Minister in a survey, while 46 per cent said they had an unfavourable view. A month [...]
Royal Mail tracked staff to see how fast they worked, admits disgraced boss to MPs February 22, 2023 Royal Mail boss Simon Thompson was forced to acknowledge that technology had been used to track workers after being dragged back to face a parliamentary committee. Weeks after his original hearing caused uproar amongst staff Thompson, who was on this occasion ordered to swear under oath, told parliament that had been 16 occasions in the [...]
Wood Group confirms takeover bid from US private equity firm Apollo February 22, 2023 Energy services company John Wood Group today confirmed it has received multiple takeover offers from US private equity firm Apollo Global Management, but has rejected all of them. The FTSE 250 firm came out to confirm speculation of a takeover, stating that it has received “three unsolicited, preliminary and conditional proposals” from the firm “regarding a possible [...]
Top UK investment body slams FCA for moving too fast on greenwashing rules February 22, 2023 A top investment body has slammed the UK’s financial services regulator for moving too fast on environmental, social and governance (ESG) rules today, claiming it risked “dislocating” a major section of the sector. Officials at the Financial Conduct Authority (FCA) announced plans in October to clampdown on the labelling of ESG financial products in a [...]
