Spring Budget 2024: What will markets look out for? Gilts, rabbits and cuts March 5, 2024 Given the state of the UK's public finances, investors may get jittery if Hunt pulls too many rabbits out of the hat.
Former Autonomy boss Mike Lynch settles data claim with SFO days before trial March 5, 2024 Mike Lynch, the former boss of software firm Autonomy, has settled his lawsuit with the Serious Fraud Office (SFO), days before the parties were due in court. Lynch filed a data lawsuit against the UK’s fraud agency at the end of January, ahead of his criminal trial in the US. According to his claim form [...]
Fresnillo: Precious metals miner reports silver lining despite profit slump March 5, 2024 Fresnillo is the world's largest producer of silver
Mergers and acquisitions: UK deals dry to pandemic low amid ‘constrained’ conditions March 5, 2024 The number of UK mergers and acquisition (M&A) deals continued to fall in the final three months of 2023, with December seeing the lowest number since the coronavirus pandemic began. There were a total of 367 combined domestic and cross-border mergers and acquisitions in the fourth quarter of the year, down from 400 in the [...]
Spring Budget 2024: Forget a National Insurance cut – a fix on fiscal drag would trap Labour March 5, 2024 Spring Budget 2024: Jeremy Hunt is expected to deliver a national insurance cut - but fiscal drag is more of an issue
What is the OBR and why does it matter? March 5, 2024 Chancellor Jeremy Hunt will take centre stage tomorrow when he delivers the Spring Budget but investors are likely to pay just as much attention to the Office for Budget Responsibility (OBR).
Marks boss: Running a business under this government is like ‘going up a down escalator with a rucksack on your back’ March 5, 2024 Marks and Spencer boss Stuart Machin has said operating a business under the current government is like “running up a downwards escalator with a rucksack on your back”.
UK economy ‘turned a corner’ despite slight weakening in services sector March 5, 2024 New business orders drove the increase, with the survey showing the sharpest rate of new business growth since May 2023.
Hiscox benefits from marketing blitz as insurer posts record profits and launches £118m buyback March 5, 2024 Hiscox benefits from marketing blitz as insurer posts record profits and launches buyback
Travis Perkins: Profits slashed by £175m as housing downturn cuts revenue March 5, 2024 A downturn in the house building market let to profits at Travis Perkins being slashed by £175m during its latest financial year.