What Starmer said in today’s speech: Inheritance tax, borrowing, taxes and Labour’s £28bn green fund January 4, 2024 The Labour leader vowed to challenge the Conservatives on their economic record, as he insisted Labour would not seek to solve the country's problems “armed only with a big state cheque book”.
Consumers keep borrowing to spend despite higher interest rates data shows January 4, 2024 The data suggests that, so far, households are weathering the pressure from higher interest rates.
Mortgage approvals rise as rates cool – but the housing market is not out of woods yet January 4, 2024 According to the latest reading from the Bank of England (BoE) net mortgage approvals for house purchases rose from 47,900 in October to 50,100 in November.
UK bid to dodge winter recession boosted as service sector recovery continues January 4, 2024 The latest reading was also a significant improvement on November's reading of 50.9. The 50 mark separates growth from contraction.
Japan eyes UK life sciences sector with injection into venture fund January 4, 2024 The Development Bank of Japan (DBJ) is investing into the UK’s stagnant life sciences sector in a bid to revive its own.
Selfridges co-owner’s luxury Alpine villa targeted in row over unpaid taxes: reports January 4, 2024 Austrian real estate tycoon Rene Benko, the co-owner of Selfridges, faces losing his alpine home after tax authorities placed a security on it to cover years of allegedly unpaid taxes.
Scotch maker Artisanal Spirits snaps up US whiskey brand as it plots expansion January 4, 2024 Premium whiskey maker, the Artisanal Spirits Company, has snapped up a US alcohol brand as it looks to grow its presence in America. The London-listed firm told markets this morning it entered into an agreement to acquire US based Single Cask Nation. Artisanal Spirits Company is best known for its Scotch Malt Whisky Society, a [...]
Disney gets backing from investors amid boardroom clash with Peltz January 4, 2024 Disney has secured support from activist hedge funds in its battle against billionaire investor Nelson Peltz's attempts at a board coup.
“Reality of the market” will always triumph over politicians: UK debt chief January 4, 2024 "Don't kid yourself in thinking that you can develop policy in a vacuum without taking the market into account," Stheeman said
The stocks to watch in London in 2024: Defence, housebuilders and clean energy January 4, 2024 Several firms roared ahead of the market in 2023 - but which could be the stocks to watch in London this year?