Govia dished out record £62m dividend despite rail strikes and delays January 7, 2024 The UK's largest train operator Govia dished out a record dividend to its shareholders despite chaos across Britain's rail network.
Bob Diamond says Barclays should be ‘radical’ on investment bank amid calls to ditch division January 7, 2024 Former Barclays chief executive Bob Diamond has called on the lender to be “radical” with its investment bank by either putting more money into the business or selling it.
Spring Budget 2024: Sunak pledges to slash taxes ahead of March statement January 7, 2024 Prime Minister Rishi Sunak has repeated his promise to continue cutting taxes ahead of a March 6 budget. “I’m going to be crystal clear. My priority is cutting taxes,” he said.
Grant Thornton axed from top flight of audit supervision after removing high-profile clients January 7, 2024 Accountancy firm Grant Thornton has been cut from the industry watchdog’s top tier of audit supervision after removing a number of high-profile clients.
US inflation to attract attention after markets make poor start to 2024 January 7, 2024 Market movements will likely be driven by the latest US inflation figures out this week after getting off to a sluggish start in 2024.
Sunak had doubts over Rwanda migrants plan as Chancellor, documents suggest January 6, 2024 Rishi Sunak was unsure the Government’s scheme to send migrants to Rwanda would stop channel crossings when he was Chancellor, according to documents. The BBC said it had seen No 10 papers from March 2022, a month before the plan was announced by then Prime Minister Boris Johnson, which showed that Mr Sunak was not [...]
Quitting net zero tsar Skidmore is wrong on North Sea oil and gas, says Hunt January 6, 2024 The Chancellor has hit back at the former net zero tsar after he quit the Conservatives over the Government’s decision to increase domestic oil and gas drilling. Jeremy Hunt said he “profoundly” disagrees with Chris Skidmore’s reasons for resigning as an MP, with the former energy minister’s exit due to trigger another challenging by-election for [...]
Police investigate ‘potential fraud offences’ during Horizon IT scandal January 6, 2024 Metropolitan Police detectives are looking at “potential fraud offences” committed during the Horizon IT scandal.
National insurance cut by 2 per cent January 6, 2024 The main rate of national insurance was today cut by two percentage points, from 12 per cent to 10 per cent. The move, announced in last year’s autumn statement, was hailed by the Conservatives but Labour called it a “raw deal” and economists said many households are still facing the burden of high taxes. Chancellor [...]
Chancellor unsure if Government can afford to announce new tax cuts January 6, 2024 Chancellor Jeremy Hunt has said he does not know if he can afford to cut taxes for British households as a national insurance reduction came into force on Saturday. Hunt said he wanted to further ease a tax burden which is expected to rise to the highest since the Second World War before the end [...]
