LSEG shares slip despite dividend rise July 31, 2025 Shares in LSEG slipped by more than two per cent in early morning trade despite the FTSE 100 giant upgrading its earnings forecasts and upping its dividend. The data and analytics business, which also operates the London Stock Exchange, said it had been the beneficiary of an intensifying market appetite for more and more data [...]
Robert Walters plunges into loss amid challenging hiring market July 31, 2025 Robert Walters generated nearly £8m in losses over H1 of 2015 as the firm grapples with a 'challenging' hiring market that resulted in rounds of redundancies.
Standard Chartered wealth arm booms in volatile second quarter July 31, 2025 Standard Chartered’s wealth and markets arms boomed in a volatile second quarter of the year driving a surge in profit at the London-listed bank. The FTSE 100 firm recorded a 47 per cent uptick in global markets income on a constant currency basis, as takings topped $1.2bn (£900m) for the second quarter. Meanwhile, wealth solutions [...]
How are the super-rich handling 2025’s wild market ride? July 31, 2025 Markets have had a wild ride in 2025. From whipsawing tech stocks to near-daily US tariff rule changes, the turmoil across a host of asset classes has proved tricky to navigate. Few are better equipped to ride out the storm than Britain’s super-rich, who have armies of advisers and wealth managers pouring over the data [...]
Firms face fresh fines for making late payments to small businesses July 31, 2025 Firms could be slapped with million-pound fines for late payments to small businesses in a new government effort to boost growth in local economies. As part of reforms aimed at supporting businesses with fewer than 50 employees, Keir Starmer has vowed to crack down on delayed payments “holding Britain back”. The Prime Minister said the [...]
UK business confidence highest in 10 years, Lloyds Bank says July 31, 2025 UK business confidence is at its highest level in 10 years as the service sector saw the biggest jump in optimism month-on-month, according to Lloyds Bank. Firms were more optimistic for the third consecutive month, with the rise driven by improved trade prospects and an improved economic outlook. Lloyds’ survey suggested hiring intentions had also [...]
Banks back in crosshairs as Labour eyes tax hikes July 31, 2025 George Osborne’s likely payday from the sale of Robey Warshaw to US giant Evercore won’t be the first time he’s extracted money from the banking sector. In his inaugural 2010 Budget he announced a UK bank levy of 0.05 per cent on certain bank liabilities. Conceived in the wake of the 2008 financial crisis, the [...]
Trump slaps 25 per cent tariffs on India over ties with Russia July 30, 2025 President Donald Trump has vowed to slap India with 25 per cent tariffs on imports from India, with an extra unspecified “penalty” to be introduced, in an attack on its trade with Russia and “obnoxious” rules and standards. Ahead of a Friday deadline for “reciprocal” tariffs, Trump revealed Indian exports would be subjected to higher [...]
Rachel Reeves’ Autumn Budget still causing negativity – CBI July 30, 2025 A streak of negative business sentiment has now lasted 10 months, a leading industry body has suggested, in further evidence that employers have struggled to turn a page on Chancellor Rachel Reeves’ £40bn tax raid at last year’s Autumn Budget. Prime Minister Sir Keir Starmer has repeatedly told MPs that business confidence was edging higher, [...]
Bank of England officials set to clash on interest rates July 30, 2025 Bank of England policymakers are set to spar on whether to hold or cut interest rates as City analysts are expecting a three-way split in the final vote. The Bank saw a 6-3 vote in favour of holding interest rates at 4.25 per cent in June while the meeting before in May saw four dissenting [...]