DEI more crucial than ever, says Lloyd’s new inclusion chair February 4, 2025 Following Donald Trump's crackdown on DEI policies, Lloyd's newly appointed chair of inclusion says D&I is 'crucial now more than ever'
‘Prohibitive building costs’ stunting UK growth projects – Deloitte February 4, 2025 “Prohibitive costs” involved in construction projects in major UK cities led to a sharp decline in the number of new developments breaking ground in 2024, according to a new report from Deloitte. Deloitte’s latest Regional Crane Surveys, which covers the central areas of Belfast, Birmingham, Leeds and Manchester, has revealed the number of new starts [...]
Trump’s tariffs reveal reality of Dealmaker-in-Chief February 4, 2025 Things happen quickly in Trump’s America. On Saturday, the US President announced sweeping tariffs on imports from China, Canada and Mexico, in a move that sparked panic among allies as far away as Japan and the EU. By yesterday afternoon, analysts were predicting that the Canadian and Mexican economies would be plunged into recession as [...]
UK’s pension wealth is being ‘squandered’, Phoenix boss warns February 4, 2025 The UK’s pension wealth is being “squandered” due to the fragmentation of the market and a lack of risk taking among money managers, the investment chief of Phoenix has warned. Writing in City AM today, Mike Eakins, chief investment officer of the FTSE 100 pensions giant, said the UK was an “outlier” compared to similar [...]
Over-complicated pensions are wasting UK growth potential February 4, 2025 The UK pension industry has the potential to significantly influence economic growth - so let's do it, says Phoenix Group's Mike Eakins.
Asda equal pay dispute advances as UK supermarkets look on nervously February 3, 2025 Asda workers equal pay can advance to the final legal stage after the Tribunal ruled some of their jobs are of equal value to the jobs in the distribution centres
HS2: Key Euston contract faces foul play allegations February 3, 2025 Construction giant Lendlease is leading the £4bn regeneration of Euston but is in the process of exiting its international operations.
FCA has the same ‘red flags’ as the Post Office, MPs say in fresh attack February 3, 2025 A parliamentary group on fairer finance has reignited its row with the Financial conduct Authority (FCA) today, comparing the watchdog to the Post Office and accusing bosses of engaging with criticism in a “disappointing, defensive and dismissive” way. In a new report, the All-Party Parliamentary Group on Investment Fraud and Fairer Financial Service, which counts [...]
EY to relocate 1,200 employees to new city office February 3, 2025 Professional services giant EY has revealed plans to relocate 1,200 employees in Birmingham to a new office. The move, scheduled for 2026, will see staff switch from One Colmore Square to Three Chamberlain Square, which is part of the Paradise Birmingham development. EY has been based at its office at One Colmore Square for the [...]
Trump’s tariffs: Short-term tactic or the start of a trade war? February 3, 2025 It’s not yet clear whether Trump’s threat of tariffs on the EU are intended as a shock and awe tactic to boost US exports or a more considered effort at reshaping global trade. Either way, we’re in for a period of economic volatility, says Andrew Hammond China, Canada, and Mexico are in the process of [...]