Reeves ramps up pressure on regulators in bid for growth January 16, 2025 Chancellor Rachel Reeves and business secretary Jonathan Reynolds are set to meet with a group of watchdogs today as they kickstart plans to cut red tape from the economy and drive growth through regulation. The chiefs of various regulatory agencies, including Competition and Markets Authority, Ofcom and Ofwat, have been summoned to Downing Street. Officials [...]
Trump to ‘save’ Tiktok as RedNote rises ahead of Sunday’s ban January 16, 2025 President Donald Trump has reportedly considered rescuing the Chinese-owned social media app Tiktok from its looming ban. Once in office, Trump may suspend the enforcement of the ban-or-sale law through executive order, reported the Washington Post. He has been exploring unconventional ways in which he could save the app, which now hosts over 170m users [...]
Savills: End of work from home drives recovery in office property market January 16, 2025 International property services company Savills has predicted a strong commercial property market this year driven by cheaper financing, the sustainability agenda and workers’ return to the office. The FTSE 250-listed firm told the market this morning that while it expected challenging conditions to continue, “most markets are in recovery”. However, the firm added that geopolitical uncertainty, [...]
UK economy grows just 0.1 per cent following Budget January 16, 2025 Economic momentum has ground to a halt since Labour took office while business confidence has also fallen sharply, particularly in the wake of October's Budget.
The Capitalist: Traitors, Tories and death to the robots January 16, 2025 Traitors, the Trump inauguration and broken robots in this week’s edition of City AM’s gossip column The Capitalist ROSES ARE RED, TULIP IS THROUGH At around about the same time that Tulip Siddiq was drafting her resignation statement, Labour MP Callum Anderson was hosting former London Stock Exchange colleagues for a chat in Westminster about [...]
The Debate: Will RTO mandates help or harm businesses? January 16, 2025 RTO mandates are riling up employees, but are businesses right to clamp down on working from home? Our writers hash it out in The Debate.
Vacancies back to pre-pandemic levels as UK jobs market slows January 16, 2025 The number of vacancies in the UK economy has fallen back in line with pre-pandemic levels, according to new figures from the REC.
How to control the cost of our over promoted civil service January 16, 2025 Civil service pay has been frozen yet the wage bill remains the same as it was 10 years ago. Time to clear out the dead wood and boost the pay of top talent, says Henry Hill It’s all so predictable. The previous government froze civil service pay to try and control costs as headcount ballooned. [...]
UK set for AI tech boost as millions of pounds injected after action plan January 15, 2025 The UK’s artificial intelligence (AI) sector has received an average of £200m in private investment daily since July 2024, as global firms rally behind Starmer’s blueprint to turbocharge AI. In the 24 hours that followed the government’s release on Monday, over £14bn of new investment has been reported, with pledges to create over 13,000 jobs [...]
Topps Tiles investor stages revolt as shares nose dive January 15, 2025 A major investor in Topps Tiles has staged a revolt against the retailer as its share price continues to nose dive towards a new historic low. Private equity firm MS Galleon used its near 30 per cent stake to vote against the company’s remuneration report at this year’s annual general meeting, resulting in 40 per [...]