Bulk up ‘woeful’ pension pots and help save the stock market, UK firms told September 5, 2023 British firms should be forced to ramp up “woefully inadequate” contributions to pension pots in order to boost returns for savers and get money flowing back into London’s beleaguered stock market, a top think tank has said. In a new report today in partnership with Abrdn and Citi, think tank New Financial called for a [...]
Whoever wins the fight over housing and energy will hold the key to victory September 5, 2023 With Parliament back, both parties need to focus on what's going to matter to voters in the next months: housing and energy prices will be top issues, together with questions on net zero, writes Elena Siniscalco
The Notebook: Victoria Scholar on the economy, Ryanair, and Spoons September 5, 2023 Do you want the good news or the bad news first? I’ll start with the good.
Haldane: Bank of England printed money for too long, and recession’s 50:50 September 4, 2023 Bank of England's former chief economist says Bank persisted 'too long' with quantitative easing - helping to fuel inflation
Bank unlikely to pause rate hikes despite 28,000 insolvencies forecast for 2024 September 4, 2023 Over 28,000 firms could go under next year due to the burden of higher interest rates, a top think tank has warned.
Huge jump in London construction firms closing as project delays and inflation bite September 4, 2023 The number of London construction firms going bust has risen by almost a quarter since the pandemic, new data reveals.
Welcome to the toughest job in London: Thames Water picks new operations director September 4, 2023 Crisis-hit utilities giant Thames Water has parachuted in a veteran from TfL to head its London operations as it seeks to regain credibility.
Wetherspoon boss Tim Martin slashes prices in tax battle with supermarkets September 4, 2023 Tim Martin has warned that the biggest threat to the hospitality industry is the “vast disparity” in tax treatment
Wood Group wins £261m deal to service Harbour Energy’s North Sea operations September 4, 2023 Wood Group has entered into a new strategic partnership with Harbour Energy to service its North Sea operations.
Belvoir: Renter demand helps drive up revenue amid rocky period for UK housing market September 4, 2023 Belvoir has reported a 10 per cent uptick in profit before tax to £4.4m in its half year results as it was bolstered by a series of acquisitions and rising demand for rent. During the term, the listed property firm acquired BMA Bristol Ltd, a financial services business comprising of over 20 self-employed advisers for £1m, [...]