Meet the fintech boss transforming pensions from a puzzle into a clear plan September 10, 2024 Royden Greaves meets Jenny Seig to discuss how his company, Jarvis, is revolutionising retirement savings with an educational approach to pension planning.
Capital gains tax branded ‘ripe for reform’ ahead of Budget September 10, 2024 Capital gains tax is “ripe for reform”, a leading think tank has said, as Chancellor Rachel Reeves considers possible revenue raisers ahead of October’s Budget. With a range of potential tax rises on the table, the Resolution Foundation has joined a chorus of voices arguing that the levy needs to be reformed. In a report [...]
No Labour MP wants to cut winter fuel payments, but our commitment to pensioners is steadfast September 9, 2024 Tomorrow’s vote on winter fuel payments will be tough, but making and explaining hard choices is what Labour was elected to do, says Dan Tomlinson Tomorrow I will be voting for something which no Labour MP came into politics to vote for: means testing the winter fuel payment. That I and hundreds of my colleagues [...]
Publishers rally as Google advertising antitrust trial restarts in US September 9, 2024 One month after a US court ruled that Google illegally maintained its monopoly on internet search, the tech giant is back in the dock. This time, Google’s lucrative online advertising business, which last year raked in nearly $240bn (£183bn), is under fire, with the US Department of Justice (DOJ) and 17 states accusing its parent company, Alphabet, of monopolising digital [...]
Heinz: Price increases help sales near £1bn as inflation battle continues September 9, 2024 Sales at the UK arm of Heinz jumped towards £1bn in 2023 despite volumes decreasing after raising its prices to combat inflation in its costs, new figures have revealed. The London-headquartered division of the US giant has reported a revenue of £967.1m for the 12 months, up from the £899.7m it achieved in 2022, according [...]
Pay pressures continue to ease in weakening labour market, survey shows September 9, 2024 Neil Carberry, chief executive of the REC said, weaker pay growth should "reassure" the Bank that its decision to cut interest rates last month was "the right call".
Labour smashes the “don’t mess with pensioners” rule September 9, 2024 Nothing in politics is more painful than the removal of a benefit to which the recipients have become accustomed. Successive Chancellors and Prime Ministers have discovered this, sometimes to their embarrassment and sometimes to their very great cost. Related to this first rule, comes another; don’t mess with pensioners. In fact, ‘not messing’ with them [...]
Meet the fund managers: Euro bond hunting with conviction September 9, 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 Neil Mehta, manager of the RBC BlueBay Investment Grade Euro Aggregate Bond Fund. How does your fund stand out from others in the same market? We embrace a truly active mindset unlike many [...]
Fed’s rate cut in the balance ahead of US inflation figures September 8, 2024 The figures come out a crucial time with the Fed preparing to cut interest rates for the first time since the pandemic.
University chief says £12,500 fees needed to support higher eduction sector September 6, 2024 A London vice-chancellor has suggested universities could need tuition fees of £12,500 to address the sector’s financial woes. Professor Shitij Kapur, the vice-chancellor and president of King’s College London (KCL), has said the “number to ask for” was between £12,000 and £13,000 – but warned institutions risked looking “out of touch” if they requested the [...]