Budget 2026: Healey faces ‘£11bn hole’ as growth slashed and inflation to rise higher October 28, 2026 Britain’s fiscal watchdog has predicted that growth will slump and joblessness and inflation will surge in the coming years, as they warned John Healey will have to find billions of pounds more revenue between 2029 and 2032 in order to prevent cuts to government spending. The Office for Budget Responsibility said the Chancellor would need [...]
Budget 2026: Tax raid on landlords ‘final nail in the coffin’ for rental sector October 28, 2026 John Healey’s decision to hike tax on rental income is set to push up rents and deter new landlords from entering the sector, Britain’s fiscal watchdog has said. In his maiden Budget today, the Chancellor said that tax on property income will rise by a further two per cent, following the two per cent hike [...]
Jonathan Rose Companies Expands to the United Kingdom, Establishing First International Affordable Housing Platform and Announcing Plans for Rose UK-Focused Fund October 28, 2026 The company extends its mission, investment capabilities and established affordable housing expertise at a time when the sector faces significant capital shortfall Seasoned affordable housing industry expert Ben Denton to lead UK growth strategy and formation of the proposed Rose UK Social and Affordable Housing Fund
Toast the City Awards celebrated with excellent wine: Here’s what October 28, 2026 City AM celebrated the 2nd annual Toast the City Awards last week with a packed out ceremony – with the wine supplied by All (good) Things Last week’s Toast The City Awards were an absolute triumph as hundreds celebrated the best spaces, places and people making our historic Square Mile the beautiful, brilliant place it [...]
Budget: Healey hikes taxes and delays defence spending as economy set to slump October 28, 2026 John Healey has announced a string of tax hikes to fund short-term measures worth billions of pounds to help households and businesses cope with rising prices, in a maiden Budget that omitted major spending plans on defence and welfare. In his speech, the Chancellor said the government would look to raise defence spending to three [...]
Media Release: Further Up – Allianz Reaches Highest-Ever Brand Value of $30.7 Billion October 28, 2026 Interbrand’s Best Global Brands 2026 ranking: For the eighth consecutive year, Allianz is the world’s most valuable insurance brand and now ranks No. 26 among all brands. Financial performance and continuous brand management underpin brand strength, reflected in a record first-half 2026 operating profit. In 2026 Allianz helped deliver safe Winter Olympic and Paralympic Games in Milano Cortina, established a partnership with tennis player Jannik Sinner and founded the Allianz School for Life to foster financial literacy.
Autumn Budget 2026: cash ISA U-turn is a backwards step for Britain’s investment future October 28, 2026 Protecting an incentive to keep money sitting in cash is a failure of ambition to stimulate growth, says Michael Healy Britain needs more investors, but the Chancellor has chosen to reward people for keeping their money in cash. His decision to protect the £20,000 Cash ISA allowance is a victory for the savings lobby and [...]
Budget 2026: Healey doubles bank tax to fund energy package October 28, 2026 John Healey has confirmed a “time limited” tax hike on the UK banking sector as a means to fund the government’s energy support package. The Chancellor will double the surcharge, which sits on top of corporation tax, to six per cent. The increase will begin in January and continue for 15 months. “I want to [...]
Smurfit Westrock Reports Third Quarter 2026 Results October 28, 2026 Smurfit Westrock plc (NYSE: SW) today announced the financial results for the third quarter ended September 30, 2026. Key Points: Net Sales of $8,161 million Net Income of $219 million, with a Net Income Margin of 2.7% Adjusted EBITDA1 of $1,205 million, with an Adjusted EBITDA Margin1 of 14.8% Net Cash Provided by Operating Activities [...]
GSK shares slump as vaccine sales fall October 28, 2026 GSK shares have fallen the steepest since April, after the British pharmaceuticals giant reported a sharp drop in vaccine sales. The FTSE 100 medicines titan slumped up to five per cent in early trading on Wednesday, as investors looked past the group’s higher-than-expected revenue. The London-based group posted a £8.9bn turnover in the third quarter, [...]