Big banks shun demand for SME lending as larger firms prioritised May 29, 2024 Big banks are set to withdraw even further from funding small and medium-sized enterprises (SMEs) this year, data shared exclusively with City A.M. suggests, as high street lenders face criticism for prioritising larger firms.
Economic performance under Labour and Conservative governments: a reckoning May 29, 2024 Voter apathy over the upcoming election is rational – history suggests the economic outcome will be broadly the same regardless of whether Labour or the Conservatives form the next government, says Paul Ormerod The election campaign has kicked off and already the air is thick with promises and counter-promises. Despite all the efforts of politicians [...]
Debt headache as just a quarter of execs have experience of higher interest rates May 28, 2024 "For many of the people tasked with tackling higher interest costs, this is a new challenge," Nick Forest, a partner at the firm said.
Election 2024: UK crises made worse by ‘Conservative choices’, Reeves says May 28, 2024 The UK’s “unique exposure” to economic crises “can only be explained by choices made by Conservative governments”, Labour’s Rachel Reeves has argued.
Sorted: Chief who oversaw tech firm’s sale for just £66.73 steps down May 28, 2024 The chief executive of delivery tech platform Sorted who oversaw its sale for just £66.73 earlier this year has stepped down.
FTSE 100 today: London markets set to open higher following Asian peers’ lead May 28, 2024 Asian markets paused post-rally; oil prices rose, UK retail prices fell. Investors await US GDP and core PCE data.
Why one US fintech boss reckons London is about to create ‘a lot of new winners’ May 28, 2024 The boss of a US fintech heavyweight has said London boasts more innovative firms than rivals across the pond, with a rebound in funding set to create "a lot of new winners" in the sector.
The Notebook: Does the Gamestop and AMC surge signal a memestock comeback? May 28, 2024 Max Rofagha, CEO and founder of Finimize, takes the pen to talk memestocks, the FTSE 100, and how ChatGPT became a flirt.
Inflation: Shop price hikes slow again in good news for Sunak and Tories May 28, 2024 Shoppers have benefited from retailers cutting prices to reignite consumer demand, according to new figures.
Only Labour can deliver the stability businesses need May 28, 2024 Under the Conservatives, entrepreneurs have lived with chaos, drama and – from time to time – farce. Stability will give business leaders confidence and with confidence comes growth, says Paul Lindley Business confidence makes and breaks companies. When governments destroy that confidence, they can destroy entrepreneurs too. Soon after founding and launching Ella’s Kitchen – [...]