Heathrow chief: Scrapping London tourist tax is ‘critical for the UK’ February 21, 2024 Retail businesses and a host of airports have since pleaded for the government to reinstate the tax break, with wealthy international shoppers choosing to splash their cash elsewhere.
Inflation on a ‘firm downward path’ and Bank of England risks a ‘hard landing’, MPC member says February 21, 2024 Policymakers at the Bank are increasingly facing the criticism that they risk being too slow to cut interest rates now that inflation is on its way back down to the two per cent target.
Alexei Navalny: UK government under fire for ‘pathetic’ response to Putin critic’s death February 21, 2024 A senior Tory MP has called on the government to go “a lot further” in punishing Putin today after ministers sanctioned prison officers at the Artic jail where Alexei Navalny was killed.
Treasury slams City reform critics as ‘inconsistent’ despite lack of progress February 21, 2024 The Treasury has hit back at suggestions its landmark package of City reform is a “damp squib” today, describing the claims as “inconsistent” and claiming it is moving as fast as it can.
Nvidia shares dip as jittery investors lose bottle before expected strong earnings February 21, 2024 Shares in chip designer Nvidia are in the red in pre-market trading as jittery investors secure some gains ahead of the firm's earnings.
Global X ETFs: Ex-Goldman man flown in as new chief after C-suite exodus February 21, 2024 Global X ETFs has appointed a new chief executive after the firm saw its senior leadership depart from the firm. Ryan O’Connor, formerly global head of ETF product at Goldman Sachs Asset Management, has taken on the top job, after previous CEO Luis Berruga left the firm in November. Berruga, who had worked at the [...]
Hunt’s record January surplus isn’t the good news the Chancellor was looking for February 21, 2024 The £9.2bn undershoot on borrowing in the year-to-date is good news, but it won't have a big impact on how much headroom the Chancellor will have in the Spring Budget.
Vistry: Housebuilder defends doubled pay packet for chief February 21, 2024 Housebuilder Vistry Group's boardroom remuneration committee has not bowed to shareholder pressure over its chief executive’s hefty salary and bonus package.
Easyjet headed for FTSE 100 return after falling out during Covid slowdown February 21, 2024 Easyjet is headed for a post-pandemic return to the FTSE 100 after falling out of the top flight when aircrafts were grounded during lockdown.
CVC launches sixth Asia fund as demand for private equity remains strong February 21, 2024 The new fund is 50 per cent larger than its predecessor, which was raised in 2020 and closed at $4.5bn (£3.6bn).
