Virgin Money warns of margin and cost pressures as Nationwide merger looms June 13, 2024 Virgin Money has posted a rise in profit but warned of margin pressure and limited cost savings, as it gears up for a mega-merger with Nationwide.
Election 2024: Three things to watch out for in Labour’s manifesto June 13, 2024 Here are three things to watch out for in Labour’s manifesto that might shape the campaign to come.
Election 2024: Why the major parties are right to prioritise the small business vote June 13, 2024 With the election manifestos coming in thick and fast, economists and politicos will be drilling down into the detail.
Election 2024: Labour will seek mandate for growth with ‘wealth creation’ manifesto June 13, 2024 Keir Starmer will seek a “mandate for economic growth” as he unveils Labour’s election manifesto, pledging to “be the party of wealth creation”.
It’ll take more than a big screen to revive the London Stock Exchange June 13, 2024 A live market screen in Paternoster Square is no substitute for the cultural and regulatory reforms we need to get companies listing in London, says Tim Focas In what seems like a desperate attempt to breathe new life into London’s equity market, London Stock Exchange Group (LSEG) CEO Julia Hoggett has proposed installing a live [...]
Will it work? Slashing waste June 13, 2024 It’s an election year. Politicians are giving us a barrage of policies. But we often forget to ask the most important question: will they actually work? In this column Sam Fowles take policies on their own terms and asks whether they solve the problem they’re supposed to solve. When they’re not getting milkshakes poured on [...]
Labour worked hard to woo business, but now comes the real test June 13, 2024 The Tory party manifesto, undeliverable and shaky though it was on the numbers, did have something going for it. The gradual abolition of national insurance to be replaced with a single income tax; more housebuilding; cutting the time it takes to get spades in the ground on major infrastructure projects. If you take it at [...]
‘It would be the death of entrepreneurship’: City alarm over Labour capital gains hike June 12, 2024 A move to hike capital gains tax could spell the “death of the entrepreneurship” in the UK, a top City figure has warned, after the Labour party failed to firmly rule out the move this week.
Shares in Lloyds, Natwest and HSBC jump as Reeves appears to rule out Labour raid on lenders June 12, 2024 Shares in the UK's high street banks were among the biggest risers in a wider market rally on Wednesday.
Revolut investor writes-up stake by 20 per cent as ‘commercial traction’ grows June 12, 2024 One of Revolut’s top investors has written-up the value of its stake in the company by 20 per cent after delivering a bruising cut last year on the back of the fiasco over its accounts.