Pound sterling suffers as traders pare bets on Fed rate cuts January 13, 2025 The sell-off comes after a bruising week for UK assets last week, with sterling falling over three per cent and gilt yields picking up to the highest levels in decades.
Plus500 promises further payouts as revenue set to beat expectations January 13, 2025 Plus500 said revenue will be "meaningfully ahead of market expectations" as it promised further shareholder returns in 2025.
Tax hikes on the cards as Rachel Reeves tries to save her fiscal rules January 13, 2025 “Public services now need to live within their means,” Rachel Reeves told a room full of business leaders at the CBI’s annual summit in November, “because I’m really clear, I’m not coming back with more borrowing or more taxes.” The Chancellor’s comments were designed to strike a reassuring tone to the private sector and settle [...]
Bumper Christmas helps Heathrow Airport to record breaking year January 13, 2025 December saw more than 7m travellers pass through Heathrow's terminals, which was 5.6 per cent higher than 2023.
Recuiter Pagegroup cuts more staff amid jobs market slowdown January 13, 2025 Gross profit in the final quarter of 2024 dropped to £196.7m, down from £237.5m in the same period the year before.
Why are returns on residential property falling in the UK? January 13, 2025 The amount of money sellers are making from residential property in the UK has shrunk to its lowest level in a decade, as a years-long boom in house prices slows, according to new figures. After years in which London property has delivered bumper returns for investors and homeowners, the slowdown has been felt most acutely [...]
Stakes are high for UK economy ahead of crunch week of data January 13, 2025 The latest inflation figures, covering December, will be published on Wednesday before GDP figures for November will be released on Thursday.
UK CFOs set to cut hiring and slash investment following Budget January 13, 2025 Finance chiefs at UK businesses are focused on cutting costs in the wake of the Budget, with investment and hiring set to suffer as a result. Over half (52 per cent) of CFOs surveyed by Deloitte said cost reduction was a strong priority for their business in the wake of the Chancellor’s tax raid. The [...]
Brent Hoberman: Fear of ‘media onslaught’ puts business people off joining government January 11, 2025 Serial entrepreneur Brent Hoberman and the investment minister Poppy Gustaffson have warned that business people are put off taking on government positions due to fear of a “media onslaught”. Writing on LinkedIn, Hoberman, the founder of Lastminute.com and failed furniture retailer Made.com, criticised coverage of business people entering government and claimed the media constantly “insinuates [...]
IMF chief sees steady world growth in 2025 January 11, 2025 Kristalina Georgieva said the US economy was doing "quite a bit better" than expected.
