Legal & General beats profit estimate and raises dividend amid strategic overhaul August 7, 2024 Legal & General (L&G) has raised its dividend as its profit for the first half of 2024 exceeded expectations, after its new chief promised a "simpler" future.
Rachel Reeves’s investment cuts ‘concerning’ and send a ‘worrying signal’ says think tank August 7, 2024 In its latest set of forecasts, the National Institute for Economic and Social Research (NIESR) warned that the new government would fall well short of its growth target unless it lifted public investment.
Why Virgin Atlantic’s cooking oil flight ad was banned for being ‘misleading’ on green claims August 7, 2024 A ruling by the UK ad watchdog has raised questions over Virgin Atlantic's "groundbreaking" biofuel-powered flight across the Atlantic last November.
UK Government doles out £32m for AI projects – after ditching £1.3bn pledge August 7, 2024 The British government has announced plans to back 98 artificial intelligence (AI) projects across the country with an injection of £32m. The funding, which aims to supercharge ‘high-growth’ industries, will benefit over 200 businesses and research outfits. The projects span a broad range, including improving safety on construction sites to slashing railway repair times and [...]
IFS: Reeves tweaking debt rule won’t change fiscal fundamentals August 7, 2024 The Chancellor has inherited a very difficult fiscal position, with many public services in need of funding boosts while both the tax burden and national debt stand at their highest level for many decades.
Exclusive: Tories spent £10m exploring scrapped Natwest retail offer August 7, 2024 The Conservative government spent around £10m exploring a now-scrapped plan to sell part of its stake in Natwest to retail investors, with the bank footing most of the bill, City A.M. can reveal.
‘This time it’s personal’: Ex-Man Utd boss Richard Arnold vows to take Norton Motorcycles global August 7, 2024 As the former-CEO of Manchester United, Richard Arnold knows a thing or two about high stakes. But with a recent career pivot seeing him take the helm of beloved heritage motorcycle brand Norton – which is currently fighting for survival after being rescued from the brink of collapse four years ago – the biking enthusiast [...]
Are you really better off investing in Manchester property over London? August 7, 2024 It seems a universal truism that Londoners will complain about house prices in the capital, and grumble about not having invested twenty years ago (even when they’re barely mid-twenties themselves). It is true that the housing market is London would have been a brilliant investment in the year 2000: prices have risen by more than [...]
FCA listings shake-up is golden opportunity to revive UK’s REITs sector August 7, 2024 Reinvigorating investment in real estate will ultimately accelerate growth, writes Antony Antoniou
The Tories can come back stronger, but only if they stop chasing Reform August 7, 2024 Reform’s surge was a consequence of Tory failure, not its cause, writes William Atkinson
