Partner fees at regional law firms are catching up with City rivals November 5, 2024 The vast majority of law firms are expecting increased revenues, but City partners are seeing their fees slowly drop whereas regional law firms are catching-up
The five economic issues in the US election that could impact the UK November 5, 2024 With the US election only hours away, the UK will be watching and waiting to see if former president Donald Trump or Vice President Kamala Harris is able to take the win. But how could the winner of the US election actually affect the UK economy? 1. Tariffs and trade wars Former president Trump has [...]
Why the Budget complicates life for the Bank of England November 5, 2024 Just when it seemed that inflation was finally coming under control, the government has announced a big increase in public spending.
Asos: Loss widens but company optimistic on growth November 5, 2024 Asos has reported a steep drop in revenue but said its restructuring has created the foundations for a return to growth. The e-commerce giant reported an operating loss of £331.9m for the year to 1 September 2024, up £83.4m from a loss of £248.5m in 2023. Like for like, revenue fell by 16 per cent [...]
Driving Gen Z into the ground November 5, 2024 A shortage of driving tests and suggestions that young people should not be allowed to give their friends lifts are just the latest examples of the infantilisation of Gen Z, says Phoebe Arslanagić-Little In July 2024, there was not a single driving test to be had anywhere in London, at all. The best the DVSA [...]
City holds off on big bets ahead of knife-edge US election November 4, 2024 City of London traders are refraining from big bets on US government debt and the dollar as the US election enters its final days on a knife edge, analysts have told City AM. With the last election taking four days to call, and polls suggesting Donald Trump and Kamala Harris are neck and neck heading [...]
Reeves should be ‘thankful’ for avoiding Truss-style market crisis, analysts say November 4, 2024 Rachel Reeves should be “thankful” for avoiding the same fate as Liz Truss after the government's inaugural Budget triggered turmoil in the gilt market last week, analysts have said.
Did Rachel Reeves deliver a net zero Budget? November 4, 2024 The UK’s recent Budget included a series of measures which have prompted debate over its impact on achieving net zero. While Rachel Reeves announced significant investments in green energy, hydrogen projects and electric vehicle incentives, a number of her decisions have raised concerns about the effectiveness of the UK’s environmental sector. While Wednesday’s Budget announced [...]
How will Reeves’ Budget impact London transport and TfL? November 4, 2024 Debate over Rachel Reeves' first budget has dominated the media. How will it impact Londoners looking to get around the capital?
COP29 will determine who pays for net zero November 4, 2024 Policymakers are descending on Baku for COP29 to mobilise finance to support climate action in developing countries – and London is leading those efforts, says Chris Hayward Hundreds of ministers, policymakers and financiers descending on Baku this month for COP29 will be met by an in-tray of crucial climate policy decisions. Dubbed the ‘finance COP’, [...]