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      State-backed pension scheme plans to pump £1bn into start-ups

      City economists have warned that the triple lock pension is unsustainable and unaffordable given the state of the UK's public finances.

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4291 Search results for cost-of-living crisis.

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  • Mulberry makes surprise chief executive change amid luxury spending struggles

    July 9, 2024

    The luxury brand has suffered this year as wealthy shoppers continued to slow their spending.

  • Music festivals 2024: Forget Glastonbury, these 3 amazing events are still to come

    July 9, 2024

    Three amazing music festivals to book this summer

  • Savers sees profit jump after cutting hundreds of jobs

    July 8, 2024

    Budget health and beauty retailer Savers has seen its profit jump after shedding almost 300 jobs amid "another tough year for retail", according to newly-filed documents.

  • Superdrug: Sales and profit pass key milestones as Boots rival creates 400 jobs

    July 8, 2024

    Superdrug's profit surged past £100m in 2023 as its sales broke the £1.5m barrier and it created more than 400 jobs, it has been revealed.

  • The City of London welcomes Labour – but we need investment and we need more risks

    July 8, 2024

    Economic growth is Starmer's greatest challenge, but the City is ready to tackle it, writes Lord Mayor of London Michael Mainelli.

  • Start-ups and spin-outs: The secret ingredients to growth

    July 3, 2024

    In the US, start-ups create 3m jobs in their first year and employ 2.6m workers five years later. Britain is lagging way behind when it comes to innovation and entrepreneurship, says Paul Ormerod Going into the election tomorrow, the two main parties agree on a crucial issue.  Economic growth is needed to achieve their respective [...]

  • How the seven Conservative Chancellors since 2010 will be remembered

    July 2, 2024

    City A.M.’s guide to each of the seven Tory chancellors since 2010 and how their policies will be remembered by political history.

  • Gü sold fewer puddings after supermarkets bring in new rules on high sugar items

    July 2, 2024

    Gü sold fewer puddings after raising its prices as UK supermarkets brought in new rules about where high fat and sugar products could be placed in stores.

  • Bistrot Pierre cuts jobs and closes restaurants as it tumbles further into the red

    July 2, 2024

    French restaurant chain Bistrot Pierre has more than 100 staff and closed multiple sites as its goal as it battled to return to profitability.

  • UK high street faces shareholder backlash over low pay

    July 2, 2024

    UK high street shops like Sainsbury’s, Marks & Spencer and JD Sports are facing a shareholder backlash after failing to commit to pay all their staff and third-party contractors a real living wage. Big financial names backing a campaign against low pay include LGIM, HSBC Asset Management, Aviva, and Scottish Widows. In total, the institutions [...]

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