The Notebook: Turo’s Xavier Collins on why the UK needs to regain its risk appetite January 10, 2024 Where the City’s movers and shakers get a few things off their chest. Today, Xavier Collins, vice president at Turo, takes The Notebook pen.
Financial sector contracts for the first time in over three years, CBI survey finds January 9, 2024 Both banks and insurance firms reported a drop in volumes, although investment management firms returned to growth.
Bad debt and high interest rates set to drag on US banks’ earnings January 8, 2024 Lenders are rebounding from share price dips in October as the US economy shows signs of resilience and the central bank pencils in multiple rate cuts this year.
English lawyers in Europe still face huge challenges after Brexit, legal chief warns January 8, 2024 English lawyers working in Europe continue to face a host of issues following the UK’s exit from the European Union, the president of Law Society of England and Wales has said, warning it could impact the appeal of working with English Law.
Recruiter Robert Walters to update investors after bumpy 2023 January 7, 2024 Recruiter Robert Walters will update investors this week on its performance over the fourth quarter, with investors hoping the firm can turn a corner after a bumpy 2023.
Spring Budget 2024: Sunak pledges to slash taxes ahead of March statement January 7, 2024 Prime Minister Rishi Sunak has repeated his promise to continue cutting taxes ahead of a March 6 budget. “I’m going to be crystal clear. My priority is cutting taxes,” he said.
Grant Thornton axed from top flight of audit supervision after removing high-profile clients January 7, 2024 Accountancy firm Grant Thornton has been cut from the industry watchdog’s top tier of audit supervision after removing a number of high-profile clients.
National insurance cut by 2 per cent January 6, 2024 The main rate of national insurance was today cut by two percentage points, from 12 per cent to 10 per cent. The move, announced in last year’s autumn statement, was hailed by the Conservatives but Labour called it a “raw deal” and economists said many households are still facing the burden of high taxes. Chancellor [...]
Chancellor unsure if Government can afford to announce new tax cuts January 6, 2024 Chancellor Jeremy Hunt has said he does not know if he can afford to cut taxes for British households as a national insurance reduction came into force on Saturday. Hunt said he wanted to further ease a tax burden which is expected to rise to the highest since the Second World War before the end [...]
Storm Henk will spike insurance claims this time, but extreme weather events require longer-term thinking January 5, 2024 Storm Henk will undoubtedly cause a spike in insurance claims, but response to rising extreme weather events require a new approach going forward, experts have warned. The storm that battled the UK this week has caused flooding, damaged property and delays to travel as a result of rain and winds up to 80mph. This will [...]