Aviva and Lloyds among City firms to back National Wealth Fund investment drive July 22, 2024 The Investment Delivery Forum, founded by seven of the UK’s biggest insurance and long-term saving firms, has pledged to pump billions of pounds into Reeves’ new wealth fund.
Retail sales slump despite higher real wages July 19, 2024 Retail sales fell faster than expected with department stores particularly badly hit.
Starmer to pledge fresh focus on border security as part of reset with Europe July 18, 2024 Sir Keir Starmer will pledge to reset the UK's relationship with Europe, vowing to put a fresh emphasis on border security at the heart of ties with the continent.
FTSE 100 today: London markets poised to open higher as UK job creation likely slows July 18, 2024 Asian stocks fell amid rising US-China trade tensions. Investors now await UK employment data, the ECB decision and AJ Bell's earnings.
City accountancy firms KMPG, PwC, EY and Forvis Mazars react to audit watchdog overhaul July 17, 2024 All "welcomes" from the sector that it set to see its audit watchdog overhauled and reformed into a new regulator, which will have additional powers at its realm
King’s Speech: Ofwat will get new powers to tackle rogue water firms July 17, 2024 Ofwat will be granted fresh powers to ban bonus payments to water firm executives, who could also be held criminally liable for lawbreaking, according to a new bill outlined in the King’s Speech today.
Harland & Wolff slams ‘misleading’ claims government won’t back £200m loan July 17, 2024 Troubled shipbuilder Harland & Wolff has dismissed reports that the government will reject its request for a £200m loan guarantee.
King’s Speech: Starmer to ‘level up’ workers’ rights with employment reforms July 17, 2024 Sir Keir Starmer has pledged to “level up workers’ rights” via a series of employment reforms included in the King’s Speech.
King’s Speech: Planning Bill unveiled to lift ‘brake’ on economic growth July 17, 2024 A new Planning Bill unveiled in the King’s Speech is intended to lift the “major brake” on the UK’s economic growth, by unlocking national housing and infrastructure projects.
King’s Speech: Labour to legislate OBR fiscal lock to boost ‘market credibility’ July 17, 2024 Labour will legislate for a fiscal lock to require the OBR to provide an independent assessment of any major tax and spending plans.