Government and business need a new deal to navigate today’s uncertainty October 28, 2024 By year end, over half of the world’s population will have participated in a national election.With so many voters going to the polls, and the potential for disruptive transitions, concernsabout widespread political uncertainty have been chipping away at economic sentiment formuch of 2024. Given the wider global economic and geopolitical headwinds, this uncertaintyrisks dragging much [...]
John Lewis set for Black Friday and Christmas hiring spree October 28, 2024 The John Lewis Partnership (JLP) is gearing up for a hiring offensive in the coming months as the retail group looks to bring in thousands of temporary staff for the festive season. Some 12,500 new workers are set to join its John Lewis department store and Waitrose grocery arm, up 4,100 on the same period [...]
BP and Shell profit set to slide on sluggish oil prices October 28, 2024 BP and Shell are expected to post lower profits this week as the supermajors grapple with weak oil prices and a global slowdown in demand.
AIM listings hit 23-year low amid Budget tax speculation October 28, 2024 The number of AIM companies has fallen below 700 for the first time since 2001, new data has confirmed, as London’s junior market has been battered by speculation that a key tax relief for AIM shares may be scrapped in this week’s Budget. Some 92 companies have delisted from AIM in the past year, with [...]
If money’s tight, why waste it on futile GB Energy? October 28, 2024 The fiscal pain of this budget will be worse because of needless GB energy, writes Conservative Environment Network director Sam Hall.
Revolut: US investor tried to scoop up cheap shares with Budget tax warning October 27, 2024 A US private equity firm tried to leverage fears of a capital gains tax raid in the Budget as it sought to grow its Revolut stake at a heavy discount, City AM can reveal, in a move foiled by the City regulator.
Ten Hag blames soft penalty as Man United fall to 14th in Premier League October 27, 2024 Erik ten Hag blamed a soft penalty decision after a late 2-1 defeat at West Ham left his Manchester United team 14th in the Premier League. Jarrod Bowen’s injury-time spot-kick decided the game after a lengthy VAR check for a collision between United defender Matthijs de Ligt and Hammers forward Danny Ings. The result heaps [...]
If McLaren end Red Bull and Mercedes duopoly, it’s great for F1 October 26, 2024 In just one corner at the Circuit of the Americas in Austin, Lando Norris looked to have blown his shot at winning a first ever Formula 1 world championship, despite there being another five races between now and the coronation in Abu Dhabi. Max Verstappen is by no means driving with the confidence he has [...]
The five REITs primed to be bought next October 26, 2024 Real estate investment trusts (REITs) have been dropping like flies this year, as competitors increasingly pursue mergers to grow their size, and many have begun to speculate about which one might be next to go. The largest merger of the year was LXI REIT, which was bought out by Londonmetric Property at the start of [...]
Can the government tax its way to a building boom? October 26, 2024 Labour have big plans for house building and infrastructure so what can we expect on property taxes in the Budget? Tim Sarson has the answers Cut through the post-election chatter about black holes and freebies and there is one theme that keeps coming up as a top political priority. Building things. I can’t remember a [...]