Tom Kerridge warns Budget tax hike will have ‘catastrophic’ effect on hospitality firms December 3, 2024 Tom Kerridge has warned that the government's tax hikes will have a "catastrophic" impact on many hospitality firms in the new year.
London risks losing its crown to New York December 3, 2024 The city that never sleeps is outpacing London – where pubs close at 10.30pm – on almost every measure. Even its Christmas tree is bigger, says Emma Revell As we enter December, London should come into its own. The lights are up on Oxford Street, the Christmas tree has arrived in Trafalgar Square and the [...]
‘Good news for insurers’ after government ups personal injury discount rate December 2, 2024 Lord Chancellor revealed that the personal injury discount rate will increase to 0.5 per cent, in a move welcomed by the insurance industry
Business confidence takes ‘decisive turn for the worse’ after Budget, says CBI December 2, 2024 The Confederation for British Industry's (CBI) growth indicator showed that more firms expected activity to fall in the three months to February than to increase.
Topps Tiles hits back after major shareholder calls out ‘costly blunders’ December 2, 2024 Topps Tiles has hit back after a major shareholder called for an overall of its top team and strategy following a series of “costly blunders”. The London-listed company has issued a statement in the wake of the managing director of Austrian investment company MS Galleon, Piotr Lipko, writing to Topps Tiles’ chair Paul Forman last [...]
Talent, AI and critical mass are the City’s advantages December 2, 2024 AON is building on the advantages offered by the City of London with technology Technology is having a dramatic impact on every sector in the City of London and shaping the impact technology is having on work and workflows is becoming an increasingly important role. In January this year, insurance and reinsurance brokerage Aon hired [...]
Week ahead: Frasers Group and Berkeley results in focus December 2, 2024 Mike Ashley’s Frasers Group and housebuilder Berkeley are among the FTSE 100 firms due to report earnings this week, while investors will also be paying close attention to US jobs data.
‘Losing faith’: Just one in four bosses has confidence in government December 2, 2024 Just one in four bosses has confidence in the government to deliver economic growth, in a sign firms are “losing faith” in ministers’ strategy. A London Chamber of Commerce and Industry (LCCI) snap poll found 81 per cent of business leaders said they were not confident the government will address firms’ concerns. While 77 per [...]
Sea of tax changes? Why getting your ducks in a row on pensions is vital December 2, 2024 Inheritance tax changes may feel a long way away, but sooner is better when it comes to structuring your assets to pass on as much wealth as possible to your loved ones, says Duncan Bailey The Budget has given businesses and individuals much to consider with announcements made around spending, national insurance contributions for employers [...]
Tensions flair at Direct Line following Aviva takeover bid December 1, 2024 A battle is brewing over Direct Line about whether to accept any further takeover bids from Aviva, as its CEO seeks more time to turn the business around. Talking to the Sunday Times following the rejected £3.3bn bid from Aviva last week, Direct Line CEO Adam Winslow urged shareholders to back his turnaround plan over [...]