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.
Labour and Conservatives promise new banking rules won’t dent small business lending June 19, 2024 Labour's comments more or less matched a Conservative commitment, contained in the manifesto, to "ensure that Basel III capital requirements do not inhibit lending to SMEs".
Election 2024: Will Labour change your council tax band? June 19, 2024 Labour's position on council tax is coming under intense scrutiny, amid calls to revamp the 1991 bands. Will the party have to re-evaluate them?
What is industrial strategy? And why do Labour think the UK needs one? June 19, 2024 Labour believes that a well mapped out industrial strategy is crucial to delivering economic growth. But does the UK really need one?
Labour candidate under fire after collapsed FX firm left clients £15m out of pocket June 19, 2024 A Labour parliamentary candidate is facing questions over his past business ventures today after the FX firm he founded collapsed and left customers millions of pounds out of pocket.
Skills gap remains ‘stubbornly high’ with over half of London firms suffering from shortages June 19, 2024 Engineering was the most commonly cited occupation where firms are struggling to find the right workers followed by sales and marketing.
Housebuilding targets ‘extremely challenging’ without extra funding, think tank warns June 19, 2024 Neither party has committed any extra funding to boost housebuilding numbers, which will make it difficult to reach the target.
‘Let me kill it dead’: Keir Starmer rules out Premier League transfer levy June 18, 2024 Shadow sport secretary Thangam Debbonaire appeared to suggest that Labour could introduce the transfer tax.
‘An encouraging signal’: Private equity nerves settle as Labour sets limit on tax raid June 18, 2024 A Labour government will allow private equity dealmakers to continue to benefit from a lower tax treatment on profits when their own cash is at risk, shadow chancellor Rachel Reeves has suggested.
The Notebook: Businesses yet to schmooze Labour are set for a nasty shock June 18, 2024 Labour has come a long way, but its manifesto should raise eyebrows in the business community, writes Michael Martins.