KPMG UK: Partner pay up despite profits slipping in 2023 January 30, 2024 KPMG UK's profit before tax dropped nearly 20 per cent in 2023, the firm reported today, as revenue growth slowed and staff costs increased.
UK consumer confidence hits highest level in two years January 26, 2024 UK consumer confidence rose in January and had its highest reading in over two years, as a surprise rise in inflation appeared to not rattle the public.
Private equity dealmaking slumped 20 per cent as UK financial services bucked trend January 24, 2024 Throughout the entire market, it reported that deals had fallen even more significantly, dropping from 1,802 in 2022 to 1,451.
‘Captain of industry? No I just answer the phones’: How the UK lost its superstar CEOs January 24, 2024 While the US churns out superstar entrepreneurs to events like Davos, the best the UK can muster up is Jeremy Hunt and Sting, laments Simon Neville.
CorpAcq: $1.6bn New York Stock Exchange listing ‘on track’ after London snub January 23, 2024 Revenue and profits jumped at an investment group ahead of its $1.6bn merger in the coming months, a new filing has revealed.
City Moves: Who’s moving where in the Square Mile and beyond January 18, 2024 A new year brings a wealth of new opportunities. Our weekly round-up of new appointments and who’s moving where keeps you up to date with the latest in the British business transfer window. Liontrust appoints Head of Global Growth Equities Liontrust has recruited Mark Hawtin as Head of Global Growth Equities in a move enabling [...]
Why December’s inflation surprise is not a moment to panic January 17, 2024 How worrying are December's inflation figures for the Bank of England? And what does it mean for when interest rates will start being cut?
Wage growth continues falling as signs emerge of loosening labour market January 16, 2024 Policymakers at the Bank have repeatedly stressed that further progress is needed on wage growth to justify loosening policy.
London firms dust off ‘defence manuals’ ahead of private equity offensive January 16, 2024 London’s listed firms have been dusting off “defence manuals” and conducting “dry-runs” in recent months as they prepare to fend off unwanted approaches from private equity houses, insiders have told City A.M..
Fears grow of deteriorating jobs market after recruitment firms update on 2023 January 16, 2024 On Monday morning Pagegroup became the third recruitment firm this year to reveal the impact that a slowing jobs market has had on its performance.