Number of FCA complaints about bosses ‘suspiciously’ low February 13, 2025 A recent FOI has revealed a "suspiciously" low number of FCA complaints about senior leaders, writes Lucy McNulty.
Labour has sucked the confidence out of wealthy Brits February 13, 2025 The government defines a high net worth individual as someone with an income of at least £170,000 and net assets of more than £430,000. Such people are undoubtedly in a comfortable position, but are hardly reaching non-dom status. Indeed, those just meeting the government’s definition would be politely turned down for a bank account at [...]
Pound sterling slumps after US inflation beats expectations February 12, 2025 Figures from the Bureau of Labor Statistics showed that US inflation came in at 3.0 per cent in January, up from 2.9 per cent and ahead of economists' expectations.
Vitality to offer discounted weight loss drugs in UK first February 12, 2025 Customers are to be offered discounted weight loss treatments through insurance giant Vitality in a UK first. The group, which is UK’s third-largest health insurer behind Bupa and Axa, is to offer discounts of up to 20 per cent for medications such as Wegovy and Mounjaro to its 1.9 million members. The offer is to [...]
People love suing solicitors – no wonder PI insurance is so expensive February 12, 2025 Solicitors have been named on the majority of professional indemnity claims. While insurance is legally needed, they don't come cheap
Dunelm chief steps down after guiding firm through transformation and Covid February 11, 2025 Dunelm’s chief executive Nick Wilkinson will step down after seven years after leading the company through a strategic change, digitalisation, and the pandemic. Wilkinson will remain at FTSE-listed Dunelm until a successor is appointed. Sales at Dunelm have been consistently rising over the past few years as its personalised, relatively low-cost homewares go down well [...]
Labour’s workers’ rights overhaul has small business owners scared February 11, 2025 As the government’s long-awaited overhaul to workers rights’ returns to the Commons, small business owners are worried not enough has been done enough to accommodate their concerns, writes Ali Lyon. For a company that promises to unleash clients’ growth by helping them overcome knotty engineering issues, Bass Rock consultancy has adopted a staid approach to [...]
Post-Brexit immigration wave could cost Brits £234bn February 11, 2025 The City of London is an immigration success story, but most of those who have entered the country since we ‘took back control’ of our borders will never pay enough tax to cover the cost of the public services and welfare they consume, representing a net fiscal cost of £8,200 for every UK household, says [...]
Retailers unite to warn Treasury on ‘perfect storm’ of costs February 11, 2025 A heavyweight group of retailers has warned the Treasury that hundreds of thousands of jobs are at risk in the retail sector due to unsustainable cost hikes this year. It’s the latest in a long string of warnings from the retail sector, which has been vocal about the coming damage to jobs and investment on [...]
Rachel Reeves to meet bank bosses as growth agenda stalls February 10, 2025 Chancellor Rachel Reeves is set to meet top bank bosses this week in the latest attempt to kickstart her growth agenda. The embattled Labour chancellor has reportedly called in top executives at Barclays, Lloyds Banking Group, NatWest and Nationwide, according to Sky News’ Mark Kleinman. This comes as the government’s growth strategy continues to falter. [...]