Growing with the Vision February 11, 2025 Tasnee is one of Saudi Arabia’s industrial giants. Its chief executive officer Fawaz Al Fawaz tells how the Saudi Vision 2030 is propelling Tasnee’s growth. Fawaz Al Fawaz is the Chief Executive Officer of Tasnee (National Industrialisation Company), the first fully owned joint stock industrial company in the Saudi private sector. It is now one [...]
Footballers to be given way to sell their data by player union Fifpro February 11, 2025 Footballers are being given a new way to manage, protect and, if they wish, monetise all of their data via a single platform provided by global union Fifpro. The project is designed to bring together personal information, tracking data, medical records and statistics currently siloed in different organisations and give players access to it all. [...]
Steel tariffs: No10 won’t say if Trump wrong to impose import charges February 11, 2025 Downing Street has refused to say whether Donald Trump is wrong to impose 25 per cent tariffs on the UK’s steel exports to America. Trump’s executive order scrapped exemptions for the UK and all other countries, with all steel and aluminium exported to the States to face tariffs from March 12. Speaking from the Oval [...]
UK property: Why funds are ditching the direct investing model February 11, 2025 One of the last UK funds that invests directly in property is ditching its investment model in favour of a hybrid plan. The new mixed model will see the £112.6m TIME Commercial Long Income property fund holding a combination of assets directly with some real estate investment trust (REIT) shares. 90 per cent of the [...]
Sadiq Khan: Home-working risks London ‘hollowing out’ February 11, 2025 Sir Sadiq Khan has raised the alarm on working from home, saying London “cannot afford” to be a city where “the centre has been hollowed out”. The London Mayor urged employers to consider the post-lockdown effect on commuters across the capital, as first reported by the BBC. Khan added unease regarding the amount of young [...]
BP to target shareholder returns as firm plans fundamental reset February 11, 2025 Oil and gas giant BP has promised to “fundamentally reset” its strategy and improve its performance after profit crashed last year. On Tuesday, the group reported a near 50 per cent decline in profit for the fourth quarter due to a collapse in profit at its refining arm. The results prompted boss Murray Auchincloss to [...]
Labour’s workers’ rights overhaul has small business owners scared February 11, 2025 As the government’s long-awaited overhaul to workers rights’ returns to the Commons, small business owners are worried not enough has been done enough to accommodate their concerns, writes Ali Lyon. For a company that promises to unleash clients’ growth by helping them overcome knotty engineering issues, Bass Rock consultancy has adopted a staid approach to [...]
Discounting helps retail sales post strong rebound in January February 11, 2025 The survey suggested that price cuts managed to entice consumers to the high street, as in-store sales rose at the fastest pace in nearly two years.
Post-Brexit immigration wave could cost Brits £234bn February 11, 2025 The City of London is an immigration success story, but most of those who have entered the country since we ‘took back control’ of our borders will never pay enough tax to cover the cost of the public services and welfare they consume, representing a net fiscal cost of £8,200 for every UK household, says [...]
Commercial real estate: Why London needs 15 new Walkie Talkies February 11, 2025 Commercial real estate can be the growth lever the government is looking for, but as the industry gathers in London today, the global investment community has its eyes on the current shortfall of London offices, says Philip Hobley As Prime Minister Sir Keir Starmer and Chancellor Rachel Reeves cast around for the `growth lever’ there [...]