UK business confidence stands at nine-year high – but signs of unease emerge October 14, 2024 UK business confidence has hit a nine-year high in 2024, according to a closely-watched survey, although firms' economic optimism dipped ahead of expected tax hikes in the Budget.
Violence against girls and women in the City is all of our business October 14, 2024 Last year, over one million violent crimes against women and girls were recorded in England and Wales: 20 per cent of all police recorded crime. Shocking as they are, these stats are just the tip of the iceberg as we know over 75 per cent of domestic abuse crime goes unreported. The national rise in [...]
Reynolds refuses to rule out raising employer national insurance rate October 13, 2024 Jonathan Reynolds has refused to rule out raising employers’ National Insurance (NI) contributions in the Budget.
UK may need £20bn tax hike to stop spending cuts, think tank says October 12, 2024 Britain’s new Labour government may need to increase taxes by £20bn in its first budget to avoid real-term cuts across public services, the Resolution Foundation said on Saturday. The think tank also said revising budget rules to use an alternative definition of public debt could allow finance minister Rachel Reeves to finance long-term investment while [...]
Square Mile to ramp up efforts against ‘menace’ of Lime and Forest bikes October 11, 2024 The City of London corporation is also lobbying for legislation, namely the introduction of a pan-London contract for micromobility operators.
‘The biggest barrier to growth’: Businesses set out plan to fix productivity puzzle October 11, 2024 Some of the UK’s most high-profile businesses have set out a roadmap to improve productivity growth, including reforms which could boost the economy by £82bn over the next five years. The Building Back Britain Commission, which included representatives from Vodafone, PIC and British Land, looked at productivity across the entire country, finding five key areas [...]
If I were the CEO of UK Plc, I ‘d be slamming the panic button right now October 11, 2024 How to heal our country? Start treating it like a privately owned company, says Charles White-Thomson At the annual Ayn Rand lecture yesterday evening in Drapers’ Hall, at which I gave the keynote lecture about the ‘importance of national honesty,’ one individual asked me perhaps the most pertinent question of the evening: how can we [...]
Sanjeev Gupta: Steel tycoon faces criminal charges over missing accounts for 76 firms October 10, 2024 Steel tycoon Sanjeev Gupta faces multiple criminal charges over allegedly failing to file accounts in the UK for 76 companies
Financial Times battles misinformation and rising costs as readership drops October 10, 2024 The number of people picking up a physical copy of the Financial Times has dropped amid the title battling rising costs – including hiring more journalists. The broadsheet said its operating profit fell by £4.56m year on year, from £13.41m to £8.95m, in newly-filed accounts with Companies House. The dip was “in part the result [...]
Travelex to be put up for sale after post-pandemic rebirth October 10, 2024 The chief executive made the comments about Travelex's sale plans in the latest episode of City A.M.'s Boardroom Uncovered interview series.