Begbies Traynor: Jump in businesses going bust lifts firm’s profit guidance May 22, 2023 Begbies Traynor expects its annual sales and profits to trade ahead of market expectations thanks to a surge in the number of businesses going insolvent.
Big Mac beef: LGIM takes aim at McDonald’s for ‘overuse’ of antibiotics in meat production May 22, 2023 Asset management giant Legal & General Investment Management (LGIM) is set for a showdown with McDonalds this week as it leads a fight against the firm’s use of antibiotics in its meat production.
Jeremy Hunt and Rishi Sunak’s profit tax rise to hit investment, survey finds May 22, 2023 Jeremy Hunt and Rishi Sunak’s corporation tax hike is poised to squeeze the UK economy by mothballing investment, new figures out today show. Nearly half of all mid-sized companies intend to shelve big spending projects due to the Chancellor and Prime Minister snatching a greater share of company profits, according to consultancy BDO. Last month, [...]
Even Biden’s green subsidies can’t solve the climate crisis without private money May 22, 2023 Addressing the impacts of climate change, and making ourselves resilient to them, requires even more than what governments are able to offer, writes Nicholas Lyons.
Could living in the City of London become popular? May 20, 2023 The race is heating up for the smartest City of London living – Adam Bloodworth looks at the competition Crypts, former gladiatorial jousting grounds, dozens of gorgeous old pubs and even more shiny glass buildings: the City of London is an under-visited district rich with cultural things to do. We should frankly all spend more [...]
FTSE 100 close: London markets round off the week higher as investors boosted by improved consumer confidence May 19, 2023 Markets closed higher on Friday as investors were boosted by an increasingly positive consumer outlook in the UK. The capital’s premier index jumped 0.40 per cent to 7,773.80 points, while the domestically-focused mid-cap FTSE 250 index, which is more aligned with the health of the UK economy, remained roughly steady at 19,300.04 points. Investors were [...]
Britain firmly on path away from recession as hiring and growth ramp up May 19, 2023 Britain seems almost certain to dodge a recession this year as two new surveys out today reveal businesses are hiring at the strongest pace in half a year and families are upbeat about their finances. Numbers from Lloyds Bank show nearly every sector of the UK economy stepped up headcount last month. Hiring was led [...]
Next chairman survives shareholder vote – but ‘significant’ revolt proves cause for concern May 18, 2023 Shareholders dealt a series of blows against Next and its board on Thursday as large numbers voted to kick out its chairman and against the company’s pay plans. The business said chairman Michael Roney received less than four in five (79.2 per cent) of the votes cast at its annual shareholder meeting. Meanwhile around one [...]
900 City of London Corporation staff to strike this month – with Tower Bridge, Barbican and Old Bailey impacted May 18, 2023 Workers at tourist attractions across London are to strike in a dispute over pay. The GMB union said 900 of its members employed by the City of London Corporation will walk out on May 25 at attractions including Tower Bridge, Barbican, museums, gardens, parks and markets after voting overwhelmingly in favour of industrial action. The [...]
Why the network state is the next logical evolution to current forms of governance: Part 2… May 18, 2023 Dr Chris Kacher with his second instalment of 'The Network Web3/Blockchain/Money State' as he hails decentralisation.