Now is the time for the City to look again at investing in Africa October 18, 2024 For at least the last decade, Africa has been widely proclaimed as a sleeping giant; a continent of huge economic potential. We heard numerous voices at the United Nations General Assembly in New York a few weeks back echo the sentiment. Yet the message does not appear to be attractive to those global investors who [...]
I tried embracing ‘JOMO’ travel during Sober October October 17, 2024 Leading holiday firm Vrbo predicts ‘JOMO travel’ as a trend for 2025 – the Joys of Missing Out – so I focused on my wellness on a luxury trip and felt better than ever.
Government set to bring buy-now pay-later firms under FCA regulation October 17, 2024 The Treasury is set to unveil its plans for buy-now pay-later rules tomorrow in a move that could end years of uncertainty surrounding the regulation of the sector, City AM has learned.
United Utilities accused of illegally dumping sewage into Windermere for years October 17, 2024 Water company United Utilities has been accused of failing to report more than 100 million litres of raw sewage that it illegally dumped into Windemere over a three-year period.
Landlords urge Reeves to offer Budget tax breaks amid ‘market uncertainty’ October 17, 2024 Private landlords groups have written to Rachel Reeves to urge the government to offer tax breaks amid “market uncertainty” ahead of the Budget. In a letter to the Chancellor prior to the 30 October fiscal statement, representative bodies including the National Residential Landlords Association (NRLA) said their members face “uncertainty on a number of fronts” [...]
Ministers to speed up energy ‘skills passport’ amid worker shortages October 17, 2024 The energy secretary will speed up oil and gas workers being able to transition to jobs in the renewable energy industry via a “skills passport” as workforce shortages are “hindering” the sector. Energy security and net zero secretary Ed Miliband confirmed his department will “provide project management advice” to Offshore Energies UK (OEUK) and Renewable [...]
ECB cuts interest rates again as inflation continues to fall October 17, 2024 The move means the main interest rate was reduced by 25 basis points to 3.25 per cent, down from a peak of four per cent which was reached last September.
The Debate: Should London’s suburbs be spikier? October 17, 2024 A housing crisis and London’s relatively flat skyline have prompted calls for building taller (or ‘spikier’) in the suburbs. Growth bros on Twitter are desperate for London to “densify”, i.e. cram more buildings into a smaller space by building taller structures or extending current buildings upwards. Yet London’s outer regions are typically flat with parks, [...]
AIM chief: It will be painful, but we’ll survive Reeves’ tax raid October 17, 2024 While scrapping the inheritance tax relief on AIM shares would be "unnecessary and painful", London's junior market will survive if the change is implemented, the exchange's chief has said.
Supermarkets face calls to ban plastic for fresh goods October 17, 2024 An influential environmental NGO has called for the Government to ban plastic packaging on fruit and vegetable products in a bid to make grocery shopping more environmentally friendly. Waste and Resources Action Programme (Wrap) have called for a ban on packaging for 21 products including apples, carrots and tomatoes to reduce food and plastic waste. [...]
