Rishi Sunak: My tax cuts are ‘clear dividing line’ with Labour December 4, 2023 The Prime Minister said the UK economy had “turned a corner” and that further tax cuts, following measures in last month’s Autumn Statement, were the “direction of travel”. Speaking to journalists en route to the COP28 climate summit in Dubai, Sunak was quizzed on the date of the next election, the contents of the Tory [...]
Hospitality sector to create 700,000 jobs over festive season, research finds December 4, 2023 Around 700,000 jobs are expected to be created in the hospitality industry over the festive season, new research suggests. Around half of companies in the sector are hiring staff for the busy next few weeks, with an average of eight each, according to recruitment site Caterer.com. Kathy Dyball, director at Caterer.com, said: “Despite the cost-of-living [...]
Berkeley shares at 12-month high as investors regain confidence in UK’s property market December 4, 2023 Shares in high-end housebuilder Berkeley stand at a 12-month high, as investors are beginning to regain hope in the UK property market after a torrid few months. The FTSE 100 firm is set to post its half year results on Friday, with its cheery outlook boosted by plans by boss Rob Perrins to storm ahead [...]
Octopus charges up EV leasing business with £550m funding December 4, 2023 Octopus Energy's electric car-leasing business has secured an additional £550m in funding, the firm announced today.
Use strength in services to break UK’s low growth trap, think tank urges December 4, 2023 The UK needs to capitalise on its position as a "services superpower" to help break its "toxic combination" of low growth and high inequality, a top think tank has warned.
Does the UK really want Robinhood? December 4, 2023 Robinhood launched a push into the UK this week - but how warmly will it be received by British retail investors?
Starling Bank bets on tech to boost growth as much-anticipated IPO looms December 4, 2023 Starling Bank hopes to make technology an "increasingly significant part" of its business model as it ramps up international expansion ahead of an IPO, the chief of the group's software-as-a-service (SaaS) business has told City A.M.
Soaring rents pose a ‘threat’ to London’s competitiveness as youngsters are priced out December 4, 2023 Soaring rents in London pose a “threat” to the capital’s competitiveness, a number of business groups have warned.
Meet the young professionals abandoning London – and the rental crisis December 4, 2023 A typical weekend for Jack Trimmer used to be spent in busy pubs in South West London. But they tend to look a bit different since he moved back into his parents home in Hampshire a few weeks ago.
Our financial services sector has failed to keep up with the change in digital banking December 4, 2023 Technological advances can only get us so far without the equivalent skills - it's time to close the gap, writes Michael Mainelli
