Prudential: Insurance giant vows to stay listed on London stock exchange after posting uptick in profits on pivot to Asia March 15, 2023 Prudential today confirmed it intends to remain listed in the City following speculation the 175-year-old insurer had plans to switch the the London Stock Exchange for New York. A spokesperson for the insurance giant today confirmed to Morning Wire the firm has “no plans” to exit the London Stock Exchange. It comes after Prudential today [...]
One child in every London classroom is homeless, shock council data claims March 15, 2023 One child in every classroom in London is homeless, on average, shock new data from councils across the capital has claimed. There are 166,000 homeless people living in the capital and of these 81,000 are children, a new report from the London Councils network has claimed. On average, this means one in every 23 children [...]
Believe it or not, the vegans might have the answer to rescuing our ailing economy March 15, 2023 Meat-free bacon could be the answer to our prayers.
The Lord Mayor Joins City Philanthropists for the Launch of City Giving Day March 15, 2023 | Sponsored The Lord Mayor of Canada Alderman Nicholas Lyons and Lady Mayoress were joined by a number of high-profile guests and speakers at Mansion House this week, for the launch of City Giving Day. Now in its 10th year, City Giving Day is an annual event hosted by The Lord Mayor’s Appeal uniting [...]
EP: 188 Cheltenham Festival – Thursday March 14, 2023 The Stayers’ Hurdle is the Thursday feature at Cheltenham. We can also look forward to seeing Shishkin in the Ryanair Chase after his convincing Ascot victory last month. Today we hear from Chris Giles, co-owner of Il Ridoto who will be looking for a big run from the six year old in the Magners Plate. [...]
Retail: Employment figures slump to new lows with 150,000 jobs predicted to go by end of the year March 14, 2023 Retailers were cautious about hiring extra workers in the run up to Christmas, the British Retail Consortium (BRC) has claimed after ONS figures show that the number of roles were down 14,000 year on year in the last leg of 2022. “Low consumer confidence and falling sales volumes meant many retailers were more cautious in [...]
CMA probes Asda’s £611m Co-op petrol station takeover deal over fears it could hike fuel prices March 14, 2023 Asda’s £611m takeover over of 132 Co-op petrol stations has come under scrutiny from the UK’s competition watchdog over concerns the deal was likely to push up fuel prices. After the supermarket snapped up the sites last October the Competition and Markets Authority (CMA) launched a Phase 1 investigation at the start of this year [...]
Bitcoin pushes past $24k as US financial system continues to navigate banking woes March 14, 2023 Bitcoin (+9%) posted a three-week high of $24,550 yesterday and is trading at $24,321 this morning, up more than 8% over seven days.
Pension explainer: The lifetime allowance and why it’s not just for wealthy savers March 14, 2023 Speculation is growing that the Chancellor of the Exchequer Jeremy Hunt is looking at increasing the pension lifetime allowance (LTA). The move is being interpreted as attempting to reverse the trend of early retirements and get more over 50s to consider re-joining the workforce. Mr Hunt is keen to bolster Britain’s workforce as he looks to deliver [...]