BT reduces pension deficit to £3.7bn and will keep contributions flat November 14, 2023 BT has said its pension funding deficit, which was nearly £8bn in 2020, shrunk to £3.7bn in June this year, and its annual contribution amounts will stay the same.
Landsec pins hopes on market improvement next year as City office values decline November 14, 2023 Landsec has said it expects investment activity in the property sector to pick up next year, although transaction volumes currently remain "thin."
Wage growth beats expectations as inflation beds into UK economy November 14, 2023 In its most recent Monetary Policy Report, the Bank of England suggested that unemployment will have to go higher than it previously thought in order to bring down wage growth.
‘Ship has sailed for SMS’: Telcos could lose £2.5bn as businesses shift to Whatsapp November 14, 2023 Telecom operators could lose over $3bn (£2.5bn) in revenue globally over the next five years as messaging apps steal market share.
Two-thirds of people would join a class action against their own company November 14, 2023 Class actions are the desirable route for people, as 64 per cent of people would join if they thought a company had broken the law, up four per cent on the previous year. New data from Portland Communications shows that 63 per cent of people would also join a class action against their own employer [...]
Even as Signa struggles, Selfridges is still the beacon of Oxford Street retail November 14, 2023 We shouldn't write off the department store, it's what the 'experience economy' was built on, writes Anna Moloney.
Nottingham Forest had just five hours’ worth of cash reserves, says study November 14, 2023 The study calls for the incoming football regulator to monitor England's clubs in real time.
From pints to politics: Whatever happened to David Cameron’s ‘Golden Era’ of China relations? November 13, 2023 Before Trump, before the Belt and Road initiative, before pangolins, wet markets and the “Chinese virus”, before Ukraine, Chinese spies in parliament and the Uyghur genocide, there existed a brief golden window of time in which posh British kids learned Mandarin at school, politicians drank beer with President Xi Jinping and the City of London [...]
Brits urge government to do more on overseas territory tax havens as diplomats to meet with MPs November 13, 2023 Nearly three-quarters of Britons think the government should do more to tackle economic crime in the country's overseas territories, according to a survey, as diplomats prepare to meet with MPs in London this week.
Small pubs at risk of closure next year without business rates relief, Fuller’s boss warns November 13, 2023 The chief executive of Fuller’s, Simon Emeny, has said that an extension on business rates relief could be the difference between some small pub businesses handing back their keys next year or remaining open. Speaking to City A.M, ahead of the autumn budget next Wednesday, the frontman for the near 200 year old pub business, urged [...]