UK banks to post first results since interest rate cut October 20, 2024 Major UK banks are to reveal whether borrowers are benefiting from lower interest rates as they report third-quarter results over the next two weeks.
St James’s Place: Analysts back UK’s largest wealth manager October 18, 2024 By the end of the quarter, funds under management had swelled to £184.4bn, up from £181.9bn the quarter before and also ahead of consensus.
Non-dom exodus could cost UK 23,000 jobs, disputed report claims October 18, 2024 Scrapping the non-dom tax regime could cost the UK £6.5bn and 23,000 jobs in the next ten years, a think tank has claimed in a report whose findings were questioned by leading academics. The study, published by free market think tank the Adam Smith Institute (ASI), suggests that abolishing the special status for wealthy foreigners [...]
Ed Warner: Are we witnessing the slow death of the transfer fee? October 17, 2024 Football transfer fees for superstar players make headlines, but in years to come we may look back on them as a quirk of history, argues Ed Warner. Another international break in the football calendar. Time for managers to fret about risk of injury to “their” players while away on national duty. Chairmen, too, to worry [...]
Tate & Lyle shares soar on Advent private equity takeover rumours October 16, 2024 Shares in ingredients group Tate & Lyle have soared more than 12 per cent today after rumours emerged of a bid for the company from an American private equity group. The FTSE 250 food and beverage company is being targeted by US-based Advent International, according to the Financial Times. While Advent, which is the eighth [...]
FCA to review UK premium finance market amid price hike concerns October 16, 2024 The UK's financial regulator is to review Britain's premium finance market amid worries that consumers who borrow to pay for insurance may not be getting fair or competitive deals.
Labour must iron out the kinks in its industrial strategy October 15, 2024 Labour's draft industrial strategy is a good start, but there are a few tensions that need to be resolved, Chris Dorrell writes
We can teach you how to disagree October 14, 2024 When businesses suffer from groupthink they miss out on opportunities for growth, innovation and profits. Enter The Provocation People, a left-leaning LSE professor and pro-Brexit, free market former MP, to help you embrace disagreement Businesses suffer from groupthink – even when they claim to embrace disagreement and dissent. And individuals are frequently hostile towards different [...]
Scrap AIM to save London’s capital markets, think tanks say October 13, 2024 London's junior stock exchange should be ditched, according to a new report, as part of a "radical surgery" to save the UK's ailing capital markets.
Google break-up on the table in US antitrust case October 9, 2024 The US government is weighing up a break-up of Google in an attempt to end its monopoly over much of the internet. The US Department of Justice has said that it was considering asking a judge to impose “structural requirements” on the tech giant to prevent it from maintaining its dominance on search. “Fully remedying [...]