Servicenow pledges £1.2bn investment into UK business at summit October 14, 2024 American software firm Servicenow has committed to investing $1.5bn (£1.15bn) into its UK business over the next five years, the New York-listed company announced today at the international investment summit. Servicenow, a platform that automates and manages business processes, such as customer service and HR, also plans to expand with new office space and grow [...]
Meet the fund managers: Quality companies at a value price October 14, 2024 In this weekly series, investment reporter Elliot Gulliver-Needham sits down with a fund manager for a Q&A. This week, we’re hearing from Chris Rossbach, manager of the J. Stern & Co. World Stars Global Equity Fund. This is a transcript from an interview you can watch online. It has been edited for length and clarity. [...]
If growth is the challenge then investment is the solution October 14, 2024 The UK needs to drastically improve its ‘fundamentals’ in housing, energy, transport and digital infrastructure in order to attract private investment, and today's summit is the right place to start, says Dan Tomlinson MP
Zopa and Oaknorth founders warn against hiking capital gains tax October 14, 2024 Raising capital gains tax to between 33 and 39 per cent in an attempt to shore up the government finances “should be resisted” and may “end up lowering the tax take”, a group of 500 British entrepreneurs has warned. In an open letter to the Chancellor, which is signed by the founders of Signal AI, [...]
The International Investment Summit proves London is open for business October 14, 2024 London is reclaiming its reputation as a magnet for global investment – and when London thrives, we all do, says Sadiq Khan Today, Britain reclaims its reputation as a magnet for global investment. All told, the government’s International Investment Summit in London has already secured £24bn. This is good news for our economy, for our [...]
The biggest threat isn’t AI – it’s people not being able to use AI October 12, 2024 Labour must implement a strategy for digital inclusion enabling more of us to use technology like AI, writes Saqib Bhatti
How this fund beat (and shorted) the S&P 500 October 12, 2024 Finding US companies to short can be hard when it feels like the stock market can only go up, but some stock pickers make a living off of it. “It’s a year where the markets have been on the tear,” Scott Utzinger, partner at Crawford Fund Management and manager of its US long/short fund, told [...]
Property market 2025 predictions: Greener and healthier October 10, 2024 Predicting the prevailing winds in the super-prime property market can be a thankless task, given how it is at the behest of factors both national and international. Nevertheless, I have grabbed my crystal ball to make some predictions about the emerging and developing trends, from the continued rise in at home wellness to an ever-increasing [...]
Mark Carney: Ex-Bank governor says fiscal rules must enable greater public investment October 10, 2024 "If government money is being spent to build or buy an asset on behalf of the nation, it is only right that its value is captured in the definitions of national debt," he wrote in the Times.
Financial Times battles misinformation and rising costs as readership drops October 10, 2024 The number of people picking up a physical copy of the Financial Times has dropped amid the title battling rising costs – including hiring more journalists. The broadsheet said its operating profit fell by £4.56m year on year, from £13.41m to £8.95m, in newly-filed accounts with Companies House. The dip was “in part the result [...]