Giffgaff hungry for more as it looks to extend portfolio and review prices October 24, 2023 Giffgaff, the mobile phone network operator, is looking to extend its portfolio and review contract prices as early next year, the chief executive has revealed.
The CBI still need to have a voice with senior politicians in the run up to the next election October 24, 2023 As both Conservatives and Labour try to prove they are the true part of business, the CBI has a role to play in being the voice of the industry, writes Rain Newton-Smith
Businesses’ payroll bill to soar by £300m as London living wage increases October 23, 2023 Payroll costs in the capital are set to soar by over £300m as the London living wage increases by a tenth. Businesses signed up to the voluntary scheme will see their salary expenditure go up by £304,200,000 after the rate jumps from £11.95 an hour to £13.15 for 130,000 employees. Firms accredited include half the [...]
Bitcoin soars on Spot ETF optimism while Binance stops UK sign-ups and Reddit ditches tokens October 23, 2023 Data from CryptoCompare shows the price of Bitcoin (BTC), moved up steadily throughout last week from $27,500.
‘Shaping our Economy’ data report launch October 23, 2023 Socio-economic background is more likely to impact a person’s route to success in financial services than gender or ethnicity, according to a Progress Together report. ‘Shaping our Economy’, commissioned by membership body Progress Together, is the largest study into socio-economic diversity and progression in financial services in the world. Read the full ‘Shaping our Economy’ report [...]
Demand for political risk insurance growing amid ‘febrile’ geopolitical landscape October 23, 2023 The “febrile” state of geopolitics has led to an increased interest in political risk insurance, experts have said. International businesses, including mining, oil and gas, and renewables, which invest in projects abroad can purchase political risk insurance in a bid to secure schemes against changing foreign governments who may be more hostile to overseas investment. [...]
Big London firms lost up to £50k from crime last year as calls mount for Met to step up October 20, 2023 Almost a fifth of larger businesses in London impacted by crime said they have lost up to £50k in the last year as a result, as fresh calls are being made to up skills officers to prevent further offences. According to a new study by the London Chamber of Commerce and Industry (LCCI), a further [...]
Tax receipts: Five things we’ve learnt from today’s data October 20, 2023 Total HMRC receipts for April to September came in at £392.5bn, up £23.1bn from the same period last year.
Square Mile and Me: Simon Pryke on his journey from paper round to CEO October 19, 2023 Each week we ask a City figure to take a trip down memory lane. Today Simon Pryke, CEO of investment manager Findlay Park, tells us about his time in the Square Mile.
BT will sell fridges and subscriptions in push for more customers October 18, 2023 BT is branching out from its telco business into household appliances and a subscription service in a rebranding effort to accelerate customer growth.