Flight to quality continues as firms rush to newly-green Spitalfields office February 26, 2025 Four firms will relocate to a newly-sustainable office block in Spitalfields in the latest wave of businesses to move from West London to the City of London. Railpen, International Copyright Enterprise (ICE) Services, Manpower UK and Bullhorn will take a combined five floors of the nine floored building, amounting to 42,921 sq ft of newly [...]
Is the UK economy on the mend following Budget fallout? February 26, 2025 The economy is only slightly larger than it was at the time that Labour took office, while GDP per head actually fell in the second half of last year.
Businesses face ‘powder keg’ of costs as Budget tax hikes loom February 26, 2025 The vast majority of businesses will be forced to change their plans as a result of the government’s tax raid, a new survey shows, which will result in higher prices for consumers and thousands of lost jobs. More than four out of five business leaders (82 per cent) said Labour’s national insurance hike will have [...]
The Debate: Should companies publish salaries on job ads? February 26, 2025 Is salary transparency an obvious help for jobseekers, or are there hidden downsides? Our writers to hash it out in this week’s Debate.
Monument Bank partners with fintech Firenze February 25, 2025 Monument Bank has entered a partnership with fintech Firenze to boost the lender’s stronghold among its mass-affluent consumer base. The challenger bank gave Firenze a £160m backing with the aim to scale up its Lombard loan offering for wealth management firms. The Manchester-headquartered fintech, which is just over a year old, offers loans against secure [...]
‘Productivity argument’ against family firm tax breaks, IFS director argues February 25, 2025 There is a “productivity argument” against treating family businesses “generously”, the Institute for Fiscal Studies (IFS) director has argued, when asked about inheritance tax. Economist Paul Johnson addressed the National Farmers Union (NFU) conference in Westminster on Tuesday, which saw environment secretary Steve Reed’s speech interrupted by farming protestors, as well as NFU president Tom [...]
Kenyon lauds ‘passionate’ Abramovich and appears to aim barb at Glazers February 25, 2025 Former Manchester United and Chelsea chief executive Peter Kenyon has hailed the Stamford Bridge tenure of Roman Abramovich and appeared to draw unflattering comparisons with current Old Trafford owners the Glazers. Kenyon helped turn United into champions of Europe and football’s first commercial powerhouse during a six-year spell that ended in 2003, when Abramovich hired [...]
CBI boss warns Rachel Reeves’ farm tax will undermine growth push February 25, 2025 Speaking at the National Farmers' Union's (NFU) conference, Newton-Smith said there was no sector more "foundational" to the UK economy than farming.
Zopa doubles office footprint in move to Canary Wharf February 25, 2025 Fintech unicorn Zopa is set to double its office footprint with plans to relocate to a new headquarters in Canary Wharf. The new office, located at 20 Water Street in Canary Wharf, will span 44,000 square feet and host Zopa’s 900 current employees. The British digital bank, which was founded in 2020, said the move [...]
FTSE 100: Women on boards reaches almost 45 per cent February 25, 2025 FTSE 100 firms are making steps towards greater female representation with a new report revealing that 44.7 per cent of board seats are going to women. However, progress was much slower for executive positions, with women making up only 32.7 per cent of FTSE 100 executive committee roles, according to the latest FTSE Women Leaders [...]