From stress to success: The power of a financial plan October 30, 2024 Finding the time to research your options, understand the detail, and put a plan together can be time-consuming and complicated. Changes to existing regulations, such as those implemented following a government budget, can further complicate the process, leaving individuals and families seeking clarity and guidance. This is where a well-crafted financial plan and the expertise [...]
WPP breached law in Kenya over personal data of former CEO Scangroup October 30, 2024 Advertising giant WPP has been found liable for breaching Kenya's data protection law when handling the personal data of the former CEO of its subsidiary and man suing it for over $30m
What will happen to wealth taxes? October 30, 2024 The Chancellor is considering a range of tax hikes on wealth, but questions remain over how much revenue she can raise, says Nick Pheasey The taxation of an individual’s wealth can be an emotive subject. Broadly, the UK imposes tax on wealth on two occasions. First, as it is generated, by income tax or capital gains [...]
Santander bank cutting more than 1,400 UK jobs October 29, 2024 Santander is cutting more than 1,400 jobs across its UK business this year amid ongoing efforts to reduce costs.
Budget 2024: No10 claim Hunt trying to ‘blame referee’ as OBR row heats up October 29, 2024 Jeremy Hunt is trying to “blame the referee” amid a row over an OBR review into the previous government’s departmental spending plans, No10 has claimed. The former Chancellor has criticised the Office for Budget Responsibility (OBR) for choosing to publish its findings as to whether it was given adequate financial information from Conservative ministers ahead [...]
Legal watchdog slammed for failing to handle Axiom Ince collapse October 29, 2024 The UK's legal regulator has been slammed for mishandling the collapse of Axiom Ince, which resulted in over 1,000 job losses.
JD Sports sells its majority stake in Rebecca Adlington-founded company October 29, 2024 JD Sports has sold its majority stake in a company founded by former Olympic swimmers Steve Parry, Rebecca Adlington and Adrian Turner. The Greater Manchester-headquartered retail giant, through its subsidiary JD Gyms, has held a 60 per cent stake in Bolton-based Total Swimming Group since a deal in 2022. At the time, the initial cash [...]
Santander UK profit slides as analysts forecast £1.8bn motor finance hit October 29, 2024 Santander has revealed a sharp fall in its UK profit during the third quarter, while delaying the publication of more detailed figures as it digests a landmark motor finance court ruling in London.
Rachel Reeves needs to be able to sell her borrowing to the market October 29, 2024 The first female Chancellor, Rachel Reeves, fears following in the footsteps of the last female Prime Minister in her Autumn Budget statement. The Gilt market sell-off in the wake of the Truss/Kwarteng fiscal event two years ago didn’t just cast a huge shadow over the Conservative Party; it reminded all politicians that financial markets can [...]
Love Island host Maya Jama invests in pea milk brand Sproud October 29, 2024 Love Island presenter Maya Jama has invested in Swedish plant milk brand Sproud – which is already backed by a shareholder of Fortnite maker, Epic Games. Jama is to be a strategic advisor and public face of the company following the deal, the value and scale of which has not been revealed. Sproud’s investors also [...]