Fewer firms expanded headcount following the Budget, BCC says January 14, 2025 Fewer firms increased their headcount in the final quarter of last year, a new survey showed, as businesses prepare for the impact of the national insurance hike.
Labour is squandering Britain’s lead on the AI revolution January 14, 2025 The UK is well positioned to lead the coming AI revolution, but the Labour government is doing everything it can to undermine this country’s strength in tech, says Alan Mak The UK is on the cusp of a technological revolution. AI offers a wealth of growth opportunities and Britain can be a world leader in [...]
Transform Your Finances With These 8 Habits [2024] January 13, 2025 It’s 2024, and the financial landscape is becoming ever more volatile, leaving many wondering how to navigate the turbulence and come out unscathed. With rising inflation, unpredictable markets, and a wealth of new financial innovations, having your finances in order has never been more important. But for many people, addressing these challenges can be overwhelming, [...]
CBI chair Rupert Soames: Reeves has created a ‘hole in the trust of business’ January 13, 2025 Rachel Reeves has created a “hole in the confidence and trust of business” by using the private sector to fill a £22bn hole in the government’s finances, the chair of the UK’s top business body has said. Rupert Soames, chair of the Confederation of British Industry, said the Chancellor had “bruised” British companies after rolling [...]
London will lead the way as leaders address global challenges at Davos January 13, 2025 For London, the world’s financial capital, Davos offers a vital platform to champion the UK’s role as a global leader in green finance, AI regulation and emerging technologies, says Lord Mayor Alastair King As world leaders descend to Davos this month, the World Economic Forum provides a rare chance to reshape the global agenda amid [...]
Tax hikes on the cards as Rachel Reeves tries to save her fiscal rules January 13, 2025 “Public services now need to live within their means,” Rachel Reeves told a room full of business leaders at the CBI’s annual summit in November, “because I’m really clear, I’m not coming back with more borrowing or more taxes.” The Chancellor’s comments were designed to strike a reassuring tone to the private sector and settle [...]
Stakes are high for UK economy ahead of crunch week of data January 13, 2025 The latest inflation figures, covering December, will be published on Wednesday before GDP figures for November will be released on Thursday.
UK CFOs set to cut hiring and slash investment following Budget January 13, 2025 Finance chiefs at UK businesses are focused on cutting costs in the wake of the Budget, with investment and hiring set to suffer as a result. Over half (52 per cent) of CFOs surveyed by Deloitte said cost reduction was a strong priority for their business in the wake of the Chancellor’s tax raid. The [...]
UK housebuilders to shed light on property market amid Government targets January 12, 2025 Some of the UK’s biggest housebuilders will say whether demand is picking up in the property market after a prolonged slump, as the Government prepares to overhaul planning rules. London-listed construction groups Persimmon, Vistry and Taylor Wimpey will all provide trading updates next week. Persimmon, which will give an update on its fourth-quarter trading on [...]
Britain has enough gas, network says amid warnings stores are low January 11, 2025 Britain has enough gas, the network operator has said after warnings that stores are at “concerningly low” levels. National Gas said on Friday that supplies remain “healthy” and that Britain is “well-placed” to respond to demands this winter. It added that gas stocks kept at the UK’s storage sites are well-above half full. It comes [...]