Schroders shares plummet after investors pull £2.3bn November 5, 2024 Schroders, one of the largest asset managers in the UK, has reported a jump in outflows over the last quarter, sending its stock price plummeting more than 14 per cent this morning.
Workers’ rights package is ‘overdue and welcome’, says Ella’s Kitchen founder November 5, 2024 The government’s workers’ rights overhaul contains positive measures that will allow financially sustainable businesses to flourish, one of the UK’s leading entrepreneurs has said, calling for proper consultation with businesses on changes to the probation period. Paul Lindley OBE, the founder of the UK’s largest baby food brand Ella’s Kitchen and a pioneer of the [...]
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 [...]
No10 warned over risk of ‘killing off’ family-run firms November 4, 2024 Downing Street is attempting to weather a storm whipped up by entrepreneur James Dyson over changes to the inheritance tax treatment of family-run businesses. In an article in the Times, Dyson accused the government of “killing off family businesses, individual aspiration and economic growth” with their approach to death duties in the Budget. The high-profile [...]
The Grace La Margna hotel: St Moritz goes casual November 4, 2024 THE HOTEL Checking into the Grace La Margna in St Moritz, you’ll want to kick off your shoes and curl up in front of the living room fire. This is hardly the typical vibe in St Moritz, Switzerland’s most bougie ski town, but this hotel does things differently. About to embark on its second winter [...]
Retailers prepare for ‘exceptionally tough’ golden quarter after Budget November 4, 2024 The golden quarter is off to a slow start and things are only set to get tougher for retailers over Christmas, according to fresh data. In-store sales grew by 1.7 per cent year on year in October, while total sales – both in-store and online – grew 4.1 per cent, according to BDO. Whilst the [...]
Top economists cast doubt on Reeves’ Budget growth pledge November 4, 2024 Top economists are split on whether last week's Budget will deliver a boost to the UK economy over the next five years, a City AM poll has revealed, as the Chancellor tries to calm markets.
Is your business about to feel the Ozempic squeeze? November 4, 2024 Reshaping stomachs with weightloss drugs like Ozempic likely means reshaping some markets (and probably your strategy), says Paul Armstrong Ozempic, Wegovy, and Mounjaro are driving a subtle but undeniable shift in obesity rates across the U.S, showing a 2 per cent drop so far. While it’s too soon to crown these drugs the cure-all, their [...]
Chancellor: I was ‘wrong’ on taxes during election November 3, 2024 Chancellor Rachel Reeves has said she was “wrong” when she said during the election campaign that she would not need to raise taxes, but insisted further increases will not be needed.
Don’t be fooled – Britain’s entrepreneurs are here to stay November 2, 2024 The run-up to this week’s highly-anticipated Budget was filled to the brim with an overwhelming amount of uncertainty. But what's really next for Britain's entrepreneurs?