Travelex to be put up for sale after post-pandemic rebirth October 10, 2024 The chief executive made the comments about Travelex's sale plans in the latest episode of City A.M.'s Boardroom Uncovered interview series.
Taxes might have to go up by £25bn in Budget, IFS says October 10, 2024 Rachel Reeves may have to raise taxes by £25bn in the Budget if she wants to improve the delivery of public services, the influential Institute for Fiscal Studies (IFS) said today. Although the Chancellor looks set to reform the fiscal rules to enable more borrowing for investment, Reeves has committed to meet day-to-day spending out [...]
Labour pulls back from ‘day one’ protections as it unveils workers’ rights overhaul October 10, 2024 Labour has pulled away from its pledge to give employees protection from unfair dismissal from the first day in a job, according to reports, as it unveils its long-awaited package of employment reforms today. The Employment Rights Bill, which Labour promised to introduce within its first 100 days, is set to be laid before Parliament [...]
The Notebook: Bringing people together in a fractured world October 10, 2024 When President Macron invites you to a global summit along with 50-odd world leaders, it would be rude not to accept, writes Neil Bennett after attending the 19th Francophonie summit
The Capitalist: Labour’s boost for wealth advisors and bane for private schools plus friends like Boris’ October 10, 2024 Dispatches from a big night for Boris and Bloomberg, blockchain for gorillas and a giant bronze Mr Blobby: catch up on the latest City gossip in this week’s edition of The Capitalist BORIS UNLEASHED Boris Johnson launched his memoirs on Wednesday night in the grandest room at the lavish Institute of Directors on Pall Mall. The [...]
Gareth Southgate set to speak at Starmer’s flagship investment summit October 9, 2024 Gareth Southgate and the boss of Aviva will be among the headline speakers at the government’s global investment summit next week as Keir Starmer looks to flaunt the country in front of international financiers. In a programme outlining the schedule, sent to attendees this evening, the government said sessions would cover the new government’s “vision [...]
Met Police misconduct settlements double in past year October 9, 2024 The Metropolitan Police has paid out £7.6m to settle misconduct claims in the past year, over double the 2022-23 total, as the force looks to resolve hundreds of claims involving instances of wrongdoing by officers.
Stefano Cantino: Who is Gucci’s new boss tasked with turning the luxury brand around? October 9, 2024 First Mulberry, then Burberry, and now Gucci – reshuffles at the very top of luxury businesses are definitely in vogue. Gucci, owned by Kering, has announced the appointment of Stefano Cantino as its new chief executive. He will take over from interim boss Jean-Francois Palus on 1 January 2025. Much like Mulberry and Burberry’s new [...]
Ibai review: This Basque restaurant is one of the best of the year October 9, 2024 Creating a vibe is a tricky business. You can have the most beautiful dining room in the world and somehow end up with a tragic, inexplicable lack of vibes, even slipping into negative vibe territory, actively sucking the spirit out of your diners (see: Brasserie Zedel). On the other hand, you can have a brutalist [...]
Landlords stay put ahead of Renters’ Rights Bill October 9, 2024 Fears of a landlord exodus following the introduction of new renter-friendly legislation may be overblown, according to fresh data. The predicted rush of rental properties being put up for sale hasn’t materialised, with the number of properties on the sales market down by nearly a fifth between June and September this year, according to research [...]