Half of Britain’s millionaires are considering leaving after Labour election win August 2, 2024 Nearly half of the UK's millionaires are considering leaving the country over fears the new Labour government will hike taxes and introduce unnecessary regulations, a new study has revealed.
Global markets spiral as US recession fears solidify August 2, 2024 Markets have begun to fear the worst about a slowdown, or even recession, in the US, sending stocks tumbling across the world.
Saudi Arabia is an unrivalled opportunity for global business August 1, 2024 Interview with Sir Nigel Knowles, CEO of DWF Group Sir Nigel Knowles is not afraid of a challenge. For almost twenty years, he was the Global Co-CEO and Managing Partner of the corporate law giant DLA Piper. Now, as CEO of DWF Group, a leading global provider of integrated legal and business services, he has [...]
Bank of England: UK growth forecasts get upgraded – but momentum still weak August 1, 2024 Looking to the immediate future, GDP growth in the second quarter is expected to match the 0.7 per cent recorded in the first three months of 2024.
Growth in UK manufacturing sector reaches two-year high giving firms ‘breathing space’ August 1, 2024 The UK manufacturing sector continued on the up, with production growth at its fastest since February 2022, a closely watched survey has shown. S&P’s purchasing managers’ index (PMI) for the manufacturing sector registered 52.1 in July, up from 50.9 in June and above flash estimates of 51.8. The PMI has remained above the neutral 50 [...]
Smith & Nephew profit jumps by a fifth as medical services firm credits 12-point plan for turnaround August 1, 2024 Smith & Nephew's half year results show an over 20 per cent increase in its operating profits as the group credits its 12-Point Plan to become a "more profitable business"
Bupa profits shoot up 45 per cent due to growth in health insurance August 1, 2024 Bupa's total underlying profit for the first six months of H1 shot up by 45 per cent which was driven by the strong increase in revenues and returns across all its market unit.
Barclays announces £750m buyback after beating expectations August 1, 2024 Barclays joined other lenders in announcing sizeable returns to shareholders after performing ahead of expectations in the second quarter. In the three months to June, Barclays reported a pretax profit of £1.9bn, more or less unchanged on last year but comfortably ahead of the £1.6bn expected by analysts. The lender’s investment bank and its wealth [...]
Schroders stock dips seven per cent despite profit remaining steady August 1, 2024 Schroders saw assets under management hit a new high of £773bn, as the company prepares to make a mark in the private capital space.
City warns over punishing impact of capital gains tax raid August 1, 2024 City bosses have sounded the alarm on a hike in capital gains tax (CGT) today as Rachel Reeves rolls the turf for a sweeping round of tax raids at her first budget in October.