Labour’s employment reform unveiled: Insights for City of London employers from the King’s Speech July 17, 2024 In today’s King’s Speech [17th July 2024], King Charles III outlined the UK government’s legislative agenda for the new parliamentary season, highlighting Labour’s ambitious plans for employment reform, particularly on race equality and workers’ rights. Sir Keir Starmer, in his inaugural King’s Speech, reiterated his commitment to enhancing workers’ rights and empowering trade unions. The [...]
Brooks Macdonald faces continued outflows as takeover rumours swirl July 17, 2024 Brooks Macdonald investors pulled £154m from the asset manager over the last three months, despite analyst expectations of net inflows, as the company struggles with rumours of a potential takeover attempt.
D&D boss David Loewi: Labour will be great for hospitality July 17, 2024 He’s the CEO of one of the UK’s biggest restaurant groups. We talk to David Loewi about new owners and parting ways
Helical slashes dividend despite London lettings and development progress July 17, 2024 Progress in flagship central London office developments and the successful lettings of three Aldgate East spaces has led office specialist Helical to underline its confidence it has in the capital's office market despite having to slash its dividend.
The Notebook: Can Labour reform public services? The early signs are encouraging July 17, 2024 Today’s King’s Speech is when Labour’s airy rhetoric of change hits the hard reality of legislative grind, writes Neil Bennett.
This is what London needs from the King’s Speech July 17, 2024 Restoring the fortunes of our high-tax, low productivity nation will not be easy, but there are a few low-cost measures which, along with longer-term structural reforms, can unleash London’s huge potential, says John Dickie After rebuilding the Labour Party and securing a historic electoral landslide, the hard work of delivering change starts now for Sir [...]
‘Green shoots all around’ for the UK venture capital scene but challenges remain July 16, 2024 "We are seeing green shoots all around," principal at Atomico, Sarah Guemouri, said. "Despite a slow start to the year, we expect capital invested as a whole to exceed last year’s figures."
Ofwat is now investigating all eleven of England and Wales’ water companies July 16, 2024 Ofwat is opening enforcement cases into four more water companies in a move that means it is now investigating every single water and wastewater company in England and Wales for the mismanagement of their networks and water treatment.
The Perfume Shop: ‘Cool efficiency’ helps retailer weather soaring costs July 16, 2024 The Perfume Shop said that "cool efficiency" allowed it to weather a challenging retail market to grow its revenue to more than £300m, according to newly-filed documents.
Ocado’s yo-yoing stock swings up again: Will critics ‘put away knives they’ve been sharpening’? July 16, 2024 A strong set of results this morning sent Ocado’s stock up 18 per cent, a day after a downgrade from leading broker Bernstein sent it down 10 per cent yesterday. In its interim results for the 26 weeks to 2 June 2024, the company reported revenue of £1.5bn, up by 12.6 per cent year on [...]