Bellway: Tough mortgage market sees profit before tax fall of 18 per cent October 17, 2023 As a result of the unruly buyer market Bellway said it expects the average selling price of a home in the next financial year to be around £295k down from £310k in 2023.
Higher debt interest payments means government will have ‘no room’ for tax cuts, IFS says October 17, 2023 The government will have "no room" for tax cuts as rising interest payments and slowing growth puts politicians in an increasingly tight fiscal space, the Institute for Fiscal Studies (IFS) has said.
With no wiggle room to cut or raise taxes, it’s time to sweat the small stuff October 17, 2023 When you have no room to make sweeping cuts, every change to taxes becomes hyper-political - like VAT on private schools or inheritance tax, writes Tim Sarson.
Delighted: Sporting chiefs thrilled with 2028 Olympics inclusion October 17, 2023 United Kingdom chiefs of the newest Olympic Games sports have expressed their delight at the breakthrough call which will see them feature in Los Angeles in 2028. Squash, cricket, flag football, lacrosse and baseball-softball will join the Olympics roster in five years time as the Games return to the United States for the first summer [...]
Bookmaker Fitzdares and Fulham launch luxury member’s club October 16, 2023 Premier League club Fulham and Fitzdares have extended their partnership which will see the UK’s oldest bookmaker launch a luxury member’s club at Craven Cottage. Having first agreed a partnership for last season, where the London club finished 10th, the duo have extended their agreement for the 2023-24 campaign, in which the team have won [...]
Igniting Change Under Smoky Skies: The White House Rally Amplifying Climate Urgency October 16, 2023 On a hazy day tinted with the remnants of distant wildfires, hundreds of protesters, clad with both determination and N95 masks, assembled to protest against fossil fuel development at the White House on June 8, 2023. The rally, organised by People vs Fossil Fuels, was an expression of frustration and demand, targeting President Biden’s apparent [...]
Manchester United share price slumps after potential Ratcliffe minority stake bid October 16, 2023 Manchester United’s share price has slumped today with news of a potential minority investment from chemical company Ineos owner Sir Jim Ratcliffe. Shares on the New York Stock exchange opened at $18.22 but are hovering around 12 per cent lower, below $18 per share, as the likelihood of a majority takeover of the Manchester club [...]
D&D: Bluebird Chelsea owner gets £40m boost from new investors October 16, 2023 The business behind such popular London haunts as Bluebird Chelsea and Coq d’Argent is set to be bought by investment firm Breal Capital and Byron Burgers chain owner Calveton, as it looks to raise funds following a challenging period for the hospitality sector. D&D London, which started out as Sir Terence Conran’s Conran Restaurants, said [...]
Electioneering isn’t going to help bring down Britons’ energy bills October 16, 2023 Party conference season is over, but it looks like Labour and Conservative are set to stay on a campaign footing until the next election.
UK to avoid recession despite Bank of England interest rate rises, EY predicts October 16, 2023 The UK will avoid a recession despite the impact of the Bank of England's interest rate hikes, new forecasts from the EY Item Club say.