How can UK businesses prepare for Trump? Remember how he thinks January 21, 2025 The best approach to dealing with Trump? Resist the hysteria and remember how the President thinks, writes Michael Martins.
Going for growth is a game of risk that ministers must embrace January 21, 2025 In the words of the Lord Mayor of London, “the only way you get growth is via risk.” Alastair King made this observation early in November last year, before it was fashionable. These days, it seems everyone’s discovering their appetite for risk. The notion that professional regulators could magic up some pro-growth policies has attracted [...]
London investors urged to shift assets as huge capital gains tax burden revealed January 21, 2025 Investors from London and the Home Counties will be the hardest hit by April’s hike to capital gains tax and should consider moving their assets into tax efficient vehicles, a leading accountancy firm has warned. Taxpayers in the capital are set to pay a combined £430m of additional capital gains tax (CGT) this year, accountants [...]
UK ranked second-best investment target by global CEOs January 20, 2025 The UK has been ranked as the second most attractive country to invest in by global CEOs, behind only the US, as British CEOs feel confident about growth in the country’s economy. This is the first time that the UK has been ranked second in the 28-year history of PwC’s CEO Survey. “Our CEO survey [...]
Investec Champions Cup: Benetton shine and Castres shock January 20, 2025 Nearly 50 matches after we began, the great and good of European rugby have been whittled down to 16 teams. The Investec Champions Cup round of 16 will see a number of firsts for the game intertwined with some classic fixtures synonymous with the competition. Because after the four rounds of pool games, South African [...]
The FTSE 100 has hit another new high. Next stop 9,000? January 20, 2025 The FTSE 100 has hit another all-time high today of 8,548.59, the second time in two trading days the blue-chip index has hit a record. For the first time, the FTSE 100 passed the 8,500 barrier last week, off the back of hopes that the Bank of England might cut interest rates more aggressively than [...]
Bank of London appoints former Credit Suisse boss as chief executive January 20, 2025 Embattled fintech ‘unicorn’ the Bank of London has appointed the former UK boss of Credit Suisse as chief executive today, as it looks to recover from a string of setbacks and the sudden exit of its founder last year. In a statement, the digital clearing bank said Christopher Horne, who previously headed the failed Swiss [...]
Royal supplier Bidfood ‘the new P&O’ as unions claim thousands face being fired January 20, 2025 Bidfood, which delivers food for the likes of Manchester United, Five Guys and Subway, has been compared to P&O ferries after two unions claimed thousands of workers could be fired and rehired on ‘worse terms and conditions’. The GMB and Unite unions have said the company, which also delivers food for the army, prisons and [...]
‘Reason for cautious optimism’: UK consumer confidence rebound on cards January 20, 2025 Consumer confidence is set for a pick-up this year as the economy starts to improve and the UK adjusts to higher costs, according to a new survey. While the end of last year was gloomy for both businesses and consumers, analysts at Deloitte have said there is “reason for cautious optimism” going into the summer. [...]
Fifa boss Infantino on Trump: ‘We will make entire world great again’ January 20, 2025 Fifa chief Gianni Infantino has hailed his “great friendship” with US president-elect Donald Trump and vowed that they will “make the entire world great again”. Infantino has forged close connections with Trump and the US, which will host the first edition of the expanded Club World Cup this summer and co-host the men’s World Cup [...]