Telecom Plus shares surge as customers snap up bargain deals October 3, 2022 Telecom Plus shares surged over 20 per cent this afternoon after the utility services giant hiked full-year profit guidance after posting record customer growth during the first half of the year. The company nabbed 86,004 new customers in the six months to September, taking its total customer base to 814,684 and representing an annualised growth rate of [...]
Rees-Mogg brushes off U-turn on scrapping 45p tax rate as ‘just politics’ October 3, 2022 The government’s stunning decision to U-turn on its plan to slash taxes for the country’s highest earners has been described as “just politics” by business secretary Jacob Rees-Mogg. Rees-Mogg said at a Tory conference fringe event today that “it is a political reality that sometimes things you want to do don’t receive the approbation of [...]
Ashurst seeks to capitalise on consulting boom with launch of UK advice business October 3, 2022 City law firm Ashurst is set to expand its services offering by launching a UK consulting business. The Silver Circle firm plans to build on the successes it has had in Australia by launching a London based risk advisory business. Ashurst’s new consulting business will be led by a trio made up of current Ashurst [...]
Whose money is it anyway? How blockchain technology can give control back to investors October 3, 2022 Jonny Fry looks at environmental concerns and how they're reflected in shareholder perks for private investors.
FTSE 100 falls after dramatic 45p U-turn, as pound erases gains against dollar October 3, 2022 The pound pushed higher on Monday morning after the government said it would scrap its planned 45p income tax cut, while the markets dipped in response to the dramatic news. Sterling leapt by as much as one per cent against the US dollar to $1.12 early on Monday morning while teetering back slightly after a [...]
Kwarteng to U-turn on scrapping 45p tax rate: ‘We get it – we have listened’ October 3, 2022 Chancellor Kwasi Kwarteng will U-turn on scrapping the 45p tax rate amid opposition from his own MPs and former ministers. The government is to row back on the policy following vocal opposition from former cabinet ministers Michael Gove and Grant Shapps. On Sunday, the Prime Minister said she was “absolutely committed” to the policy. Posting [...]
Where to eat, drink and sleep in Birmingham for Tory Party Conference October 2, 2022 On 2 october, Tory Party Conference kicks off in Birmingham. It remains to be seen whether the city famous for its Bull Ring will witness any blood sport following the fallout from the chancellor’s mini-budget. But whether it’s toasting the new PM or ruefully navel-gazing over Keir Starmer’s poll lead, the city’s hotels, restaurants, bars [...]
Energy bills rise to record highs despite Government support October 1, 2022 Household energy bills have climbed to all-time highs for millions of Brits today, despite a Government cap on costs per unit.
Think-tank: Kwarteng budget “less out of control than the market thinks” September 30, 2022 ONE of the country’s leading economic think-tanks has described estimates that Kwasi Kwarteng’s package of tax cuts in last week’s mini budget could cost £45bn as a “gross exaggeration.” The package has gone down badly with both markets and politicians, with the cost of UK borrowing spiking due to concerns over runaway government spending. However [...]
Crypto markets flat as US stocks continue descent while Sterling recovers September 30, 2022 Bitcoin was holding the line just above $19,500 this morning - half a per cent above yesterday, and just two per cent up from last week.