CBI says it has financial backing for return of flagship summit October 16, 2024 The Confederation of British Industry (CBI) has insisted it will have financial backing for its annual flagship summit next month as it returns for the first time since the group nearly collapsed last year.
The Notebook: Starmer should spend more time on Linkedin October 16, 2024 Sir Keir Starmer should spend more time clicking away on the world’s most insincere website, according to Michael Martins, founding partner of Overton Advisory Starmer should spend more time on LinkedIn Labour’s first successful International Investment Summit under Prime Minister Starmer yesterday has garnered all the right headlines. Tens of billions of pounds in investment [...]
FA in talks to hire German to manage England team – on record salary October 15, 2024 Manchester City manager Pep Guardiola is also thought to have been sounded out about the job but talks with Tuchel are said to have progressed further.
Tories hit out at government over £3bn gambling tax raid plan October 14, 2024 The Conservatives have launched a barrage of criticism at the government on mooted plans for a tax raid worth up to £3bn on the gambling industry, with the shadow sports minister demanding the government “take the blinkers off”. Shares in British gambling firms plummeted on Monday morning amid reports of the tax raid, which would [...]
Cold-weather athleisure trends with sky-high profits October 14, 2024 Athleisure is now worth a cool $396.7bn globally, and with no signs of slowing down, the market is set to skyrocket to $920bn by 2034.
Gambling stocks Flutter, Entain and Evoke nosedive on Budget tax fears October 14, 2024 Shares in British gambling firms plummeted on Monday morning after reports that the government was eyeing up £3bn tax rises on the sector in a move that one investment bank said would “all but wipe out bookmaker profitability in the UK”. William Hill-owner Evoke saw its share price crater by over 13 per cent in [...]
Elon Musk snub from UK investment summit defended by government October 14, 2024 Technology secretary Peter Kyle has suggested that Elon Musk was not invited to the government’s international investment summit due to his tendency to avoid such events. Previous reports suggested Musk, the owner of X and Tesla, was omitted from the guest list following controversial social media comments he made regarding Britain’s summer riots, where he [...]
Bosses at world’s biggest banks: Britain is ‘ready for investment’ October 14, 2024 Bosses at five of the world’s biggest banks, along with a host of insurers, private equity firms and tech giants, have backed a push to invest in the UK ahead of the government’s flagship investment summit today. More than a dozen executives signed a letter stating that they were optimistic about the future of the [...]
Starmer vows to rip up the red tape at investment summit October 14, 2024 Prime Minister Keir Starmer will today promise to rip up the red tape that is needlessly holding back investment in a bid to galvanise economic growth. Starmer is set to make the pledge in a speech at the government’s inaugural International Investment Summit, which kicks off today at the Guildhall in the heart of the [...]
DP World: Ministers had ‘conversation’ to salvage investment after row October 13, 2024 Ministers were forced to “have a conversation” with executives from DP World to secure its investment after a senior minister referred to one of its subsidiary P&O Ferries a “rogue operator”, the business secretary has said. Business secretary Jonathan Reynolds said the investment – which was reportedly put in jeopardy following the scathing criticism of [...]