What’s causing the decline in UK investment fund launches? September 19, 2024 The number of actively managed funds launched in the UK is dropping, fast. While the number of passive funds, which track indexes, has been fairly consistent recently, the number of active ones has almost halved in the last five years, from 146 in 2018 to just 79 last year. What’s worse, only 32 have been [...]
The Debate: Should firms use our data to issue health advice? September 19, 2024 Do you want Tesco to start giving you healthy food recommendations?
Worst corporate jargon of the week: The roadmap September 19, 2024 "Get in losers! We’re going to lift sales by five per cent in quarter four!"
A car-free Oxford Street does sound dreamy, but there’s a problem: buses September 19, 2024 An Oxford Street with no cars is a charming fantasy. But ignore the "red wall of metal" at your peril, writes James Ford
Is ESG dead? And if so, who killed it? September 19, 2024 ESG has become increasingly politicised. Has it reached the end of the line? Asks Neil MacLeod
Tory leadership race: Robert Jenrick tops ‘PopCon’ poll as favourite to lead party September 18, 2024 Robert Jenrick has topped a Popular Conservatives poll as the favourite to lead the party in the Tory leadership race. The former immigration minister got 38.3 per cent backing from those surveyed, beating rival and former business and trade Kemi Badenoch on 34.9 per cent. It is the fourth so-called ‘PopCon’ poll Jenrick has won, [...]
Tesco boss Ken Murphy: ‘The AI revolution is upon us’ September 18, 2024 Tesco boss Ken Murphy has said that personalised grocery offers like Tesco Clubcard could “nudge” consumers towards making healthier decisions and that the AI “revolution is upon us” in retail. The Tesco chief executive said that, for example, an AI programme could note someone’s high sodium intake and encourage them to buy lower-sodium and healthier [...]
Fed lowers interest rates by 50 basis points in first cut since 2020 September 18, 2024 Today's rate decision was the most uncertain in years, with investors torn in the run-up to the decision about whether the Fed would cut rates by 25 or 50 basis points.
UK banks giving savers better value but still ‘room for improvement’, FCA says September 18, 2024 The City regulator has said savers are an estimated £4bn better off following improvements to easy access rates in recent months, but still put pressure on banks to offer more value.
Government hits back at ‘false’ claim Sue Gray ‘declined’ to be paid less than Starmer September 18, 2024 The government has hit back at claims that top civil servant Sue Gray declined to be paid less than the prime minister. The BBC reported today that Gray is now paid more than Sir Keir Starmer, citing one unnamed source saying: “It was suggested that she might want to go for a few thousand pounds [...]
