Interest rates: Three things the Bank will consider for the next rate decision September 18, 2023 The Bank of England's rate-setters will meet next week and they will have no shortage of topics to discuss.
Business rates ‘aren’t fit for purpose’ and are stifling small businesses, says FSB September 18, 2023 The Federation of Small Businesses (FSB) is calling upon extensions and changes to existing rate relief bills for small businesses.
Elon Musk’s ambition for the future of digital payments September 16, 2023 Jonny Fry takes a look through what he believes are Elon Musk's plans for 'X' and digital assets - game-changer, or a new game altogether?
More than 9.6m current accounts switched since service launched a decade ago September 16, 2023 A service which enables current account holders to ditch and switch to a new provider quickly and smoothly is celebrating its 10th birthday. More than 9.6m switches have been counted since the Current Account Switch Service (Cass) launched on September 16, 2013. The free-to-use service can be used by people, small businesses and small charities [...]
Arm maintaining its lofty US valuation will be indicator for London IPO revival September 15, 2023 Shares in Softbank’s Arm have taken flight, surging nearly 25 per cent above their Nasdaq debut price, marking a triumphant return to the public markets after a seven-year hiatus for the chip designer. A loud reception has bolstered market experts’ optimism for beleaguered IPOs, which has faced substantial headaches in recent years, such as rising [...]
FTSE 100 live: London rallies as Arm soars on US debut and Warhammer maker’s share price rises September 15, 2023 London’s FTSE 100 enjoyed a strong end to the week, as the global stocks rally continued with a stable showing from Wall Street and an improvement in China. The capital’s premier bluechip index ended the day well at over 7,30 points, more than 0.6 per cent up, having reached a high of 0.89 per cent [...]
M&S turned it around and is now in FTSE 100. Here’s why John Lewis is so far off September 14, 2023 The John Lewis Partnership has had a torrid day, following an announcement it will push its turnaround plan back by two years. It’s the latest bit of bad news that has seen it fall further behind rival Marks and Spencer, whose high street revival recently raised its profit outlook after pivoting towards clothing and homeware. [...]
British high street is not dead, minister insists after Wilko collapse September 14, 2023 The British high street is not dead but merely changing, ministers have insisted, after Labour accused the government of “giving up” on retail following the collapse of Wilko. Business minister Kevin Hollinrake insisted high street shopping is “reshaping itself”, as homeware shop the Range confirmed it will buy Wilko’s brand, website and intellectual property after [...]
Get help hiring top talent from overseas September 14, 2023 Did you know that since 1 January 2021, a sponsorship licence has been required in order to hire most workers from outside the UK? Cranbrook Legal helps organisations of all sizes and sectors to apply for, obtain and maintain their Sponsor Licence (formerly the Tier 2 Sponsor Licence). The company has more than 25 years’ [...]
John Lewis pushes turnaround plan back two years as losses narrow September 14, 2023 Losses at John Lewis have shrunk but the struggling retailer warned that its ambitious partnership plans have been pushed back two years.