Election 2024: Which taxes will go up under Starmer’s Labour government? July 5, 2024 Tax and spend was one of the major points of contention during the election campaign. What will a Labour landslide mean for your taxes?
Former deputy mayor’s failed FX firm named in Natwest ‘bin bags of cash’ probe June 20, 2024 The collapsed foreign exchange firm founded by the former deputy mayor of London was used in an alleged £365m money laundering scheme while he was chief executive, Morning Wire can reveal.
‘Heartbroken’: Major buy-now pay-later firm collapses after failing to find a buyer June 17, 2024 Buy-now pay-later firm Laybuy has collapsed into receivership today after efforts to find a rescue buyer failed.
Navigating the Challenges of the Legacy of Private Finance Initiative (PFI) Hand-backs: Strategies for the Public Sector June 10, 2024 | Sponsored While PFI had its heyday in the past, its legacy continues to present challenges for the public sector today as they navigate the complexities of asset hand-backs and financial obligations. The Private Finance Initiative (PFI) was initially introduced in the UK by the Conservative government in 1992 during John Major’s tenure as Prime Minister. In [...]
Asset management industry ‘under pressure’ as costs rocket May 7, 2024 The global asset management industry is coming “under pressure” globally this year as costs rocket at nearly twenty times the rate of revenues, Boston Consulting Group has warned.
Ruffer eyes job cuts as ‘down year’ hits hard April 14, 2024 Asset managers have cut around 2,000 jobs since the start of 2024.
Rolex watches, private jets and third homes? Here’s what it takes to be in the world’s one per cent of wealth April 13, 2024 To become a part of the wealthiest band in developed countries, you need to have at least a net worth of £1m - and in some countries, assets of up to eight digits, data from Kinght Frank’s Wealth report finds.
What this pension fund’s investments say about the London Stock Exchange April 3, 2024 A London pension fund has defended the way it invests its cash today after a new report shone a light on the wider dearth of retirement cash flowing onto the London Stock Exchange.
Bank of England embarks on ‘Kardashian-style spending spree’ as IT budget hits almost £100m March 20, 2024 704 IT staff shared a salary pot of £48.9m, making the average salary in the tech team a whopping £69,000-a-year.
FCA bans London Capital & Finance boss over scandal which lost investors more than £200m February 13, 2024 The Financial Conduct Authority has fined and banned one of the former bosses of London Capital & Finance today over his role in the mini-bond scandal that left investors millions of pounds out of pocket.