Hurricane Milton: Global insurance industry bracing for colossal losses October 10, 2024 As Hurricane Milton, a category three storm rips through the central west coast of Florida, the global insurance industry is bracing for losses of up to $100bn
Zilch books quarterly profit and readies hiring spree as IPO looms October 10, 2024 Buy-now pay-later provider Zilch is planning to double staff numbers over the next 18 months after booking its first quarterly profit ahead of a much-anticipated IPO.
Why London is a ‘very positive’ story for UK shipping October 10, 2024 More than a quarter of the UK's deep sea shipping cargo travels through London Gateway port, with a ramp up in capacity expected this decade.
Arsenal are overachieving in the Premier League, but do fans appreciate it? October 10, 2024 In a parallel universe, Arsenal have already beaten Manchester City to the title. Forget Pep and Mikel’s inflamed war of words in this season’s scrap for the Premier League trophy; the Gunners have bagged the prize for outperforming their playing budget. Football, though, must ultimately be about fans’ dreams, not investors’ and bank managers’ bottom [...]
Gareth Southgate set to speak at Starmer’s flagship investment summit October 9, 2024 Gareth Southgate and the boss of Aviva will be among the headline speakers at the government’s global investment summit next week as Keir Starmer looks to flaunt the country in front of international financiers. In a programme outlining the schedule, sent to attendees this evening, the government said sessions would cover the new government’s “vision [...]
Keir Starmer refuses to rule out hike to employer national insurance October 9, 2024 “Increasing employer NICs would mean breaking a Labour manifesto promise, and small businesses would be rightfully outraged," Craig Beaumont, executive director at the Federation of Small Businesses (FSB) said.
KPMG and Natwest put the CBI back in business October 9, 2024 Companies renew their memberships to CBI offering hope for the firm's continuation
Global trade at risk: Lloyd’s forecasts over $14 trillion economic fallout from conflicts October 9, 2024 Lloyd's of London warns that a potential geopolitical conflict could devastate the global economy, triggering $14.5 tn in losses over the next five years and upending global trade
Businesses ‘cautious’ about the future as tax fears dominate, survey shows October 9, 2024 This was the first time in a year that business confidence had decreased, although the ICAEW noted that confidence was still double the pre-pandemic average.
Businesses ‘clearly anxious’ as budget approaches, survey shows October 8, 2024 The BCC's quarterly economic survey showed that 48 per cent of firms cited taxation as a worry, up from 36 per cent the quarter before.