Increasing signs of slack in UK’s labour market as firms report growing pool of workers November 8, 2023 The survey showed that starting salary inflation slipped to a 31-month low, although it remained "sharp".
Bank of England has lost the delicate touch monetary policy needs November 8, 2023 After decades of cheap debt, the swing towards high interest rates was a wrecking ball for monetary policy, writes Charles White Thomson
Financial watchdog slams payment firms for lacklustre handling of APP fraud November 7, 2023 The UK's financial watchdog has found that payment firms should strengthen their systems to detect and prevent authorised push payment fraud (APP), as well as treat victims better.
Falling on deaf ears? The FCA warns crypto asset firms again November 7, 2023 James Morris of Linklaters’ Financial Regulation Group assesses the first month of the FCA's new rules on crypto marketing.
Pedicab pandemonium? Unlicensed and unstoppable since 1869 November 7, 2023 “This is one of the biggest issues in Westminster,” Nickie Aiken MP told City A.M., earnestly, minutes after the King’s announcement today. It’s not surprising she was excited: the former leader of Westminster City Council has spent a full four years campaigning to remove a loophole on unlicensed pedicabs. Why is this issue so important, [...]
Persimmon’s share price up despite warning of ‘highly uncertain’ year ahead November 7, 2023 House builder Persimmon saw its share price close over six per cent today despite the firm warning of uncertainty next year, in a sign that markets may be cautiously restoring their faith in the housing market. The FTSE 250 housebuilder said the number of new homes it built in the third quarter declined by 37 [...]
‘Tough on crime’: Will Sunak’s law and order focus deliver at the polls? November 7, 2023 The government has denied plans to lock up killers, rapists and grooming gangs for longer are simply a bid for votes ahead of the next general election - but could the policy prove to be a vote winner?
Gold prices tumble as fears of market volatility ease November 7, 2023 The price of the precious metal has fallen with the US Fed sending signals that it has finished raising rates
Audit watchdog pledges to focus on growth after reforms are shelved November 7, 2023 The audit watchdog has announced it will look to focus on promoting “growth and the UK’s competitiveness” after the government shelved a host of reforms that would have increased reporting requirements for London-listed companies.
Oaknorth founder accuses lenders of underserving SMEs for years November 7, 2023 Oaknorth is offering to help scale-up businesses that are being overlooked and underserved by big banks
