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Rolex sponsored Wimbledon stars made to pay for own watches
Although being sponsored by a prestigious watch brand can enhance a tennis player's image, the financial burden of purchasing the timepieces themselves often offsets the perceived...
Read Full Article →The Debate: Should Rachel Reeves reduce the Cash ISA allowance?
Reducing the maximum contributions to Cash ISAs could impact personal savings habits and disposable income, potentially influencing overall financial stability and economic activit...
Read Full Article →Will the Renter’s Rights Bill push up costs for student accommodation?
The proposed legislation is expected to alter rental agreements and eviction practices, potentially increasing operational expenses for student housing providers and influencing ov...
Read Full Article →London’s nighttime economy is crumbling. Yet the show must go on
The decline of London's after-hours businesses has notable economic implications, impacting revenue and employment, yet efforts continue to sustain entertainment and cultural activ...
Read Full Article →These charts show the scale of the London Stock Exchange’s decline
The departure of a minor company from a key segment of the London market highlights ongoing challenges and shifting investor confidence that may impact overall financial activity i...
Read Full Article →Labour’s Mansion House will be lift-off or letdown for banks
Rachel Reeves’ upcoming Mansion House address is expected to outline key policies that could significantly impact the banking industry’s role in Britain’s economic growth and compe...
Read Full Article →Rachel Reeves to face fresh blow with sluggish growth data
The latest economic figures indicating minimal expansion in May may challenge the government's efforts to stimulate growth and could impact investor confidence and fiscal planning.
Read Full Article →EDF investment hailed as ‘vote of confidence in UK’, despite reduced stake
EDF’s continued involvement in the Sizewell C nuclear project underscores ongoing international interest in UK infrastructure, reflecting both commitment and financial adjustments...
Read Full Article →Brits back spending cuts over tax rises
Recent surveys indicate that the majority of British voters favor reducing government expenditures rather than increasing taxes, highlighting a potential challenge for the current...
Read Full Article →Post Office and Fujitsu chiefs ‘maintained fiction’ on faulty Horizon system
The flawed Horizon system led to significant financial discrepancies for postmasters, resulting in wrongful accusations and compensation claims that had considerable economic impac...
Read Full Article →Rishi Sunak rejoins Goldman Sachs as an adviser
Rishi Sunak’s return to a senior advisory position at a major financial firm underscores his ongoing influence within both the political and economic sectors, potentially impacting...
Read Full Article →Abu Dhabi sovereign investor eyes $100m slice of Revolut
A state-owned investment firm from Abu Dhabi is in advanced talks to acquire an additional $100 million share in Revolut, potentially expanding its existing holdings in the digital...
Read Full Article →UK cannot afford triple lock pension, OBR says
The Office for Budget Responsibility has indicated that maintaining the current pension increase policy may strain public finances, prompting debates over welfare adjustments to en...
Read Full Article →M&S chair: UK needs to muscle up to tackle cyber threats
Marks and Spencer’s chair highlighted that enhancing the UK’s cybersecurity capabilities is essential to protect financial interests and foster greater confidence among investors i...
Read Full Article →Revolut: UK fintech launches stocks and shares ISA
Revolut’s introduction of stocks and shares ISAs in the UK broadens its financial services, enabling users to invest in a wide range of ETFs through collaborations with major asset...
Read Full Article →Rachel Reeves’ Cash ISA plans will punish Brits who just want stability
The proposed changes to Cash ISAs aim to encourage investment among the public, but critics argue they may disadvantage those seeking low-risk, stable savings options.
Read Full Article →OBR warns unfunded spending to damage UK finances amid ‘daunting’ risks
The Office for Budget Responsibility has highlighted that increased expenditure without corresponding revenue could strain the UK’s fiscal health, especially given ongoing internat...
Read Full Article →M&S shares sink lower after failing to recover from cyber attack
The ongoing decline in M&S’s stock price reflects investor concerns over the company’s ability to fully regain market confidence following the earlier cybersecurity incident.
Read Full Article →London Marathon Events sprints to record surplus as profits surge
London Marathon Events experienced significant financial growth last year, with revenue increasing by nearly £11 million and pre-tax profit rising to £12 million, contributing a su...
Read Full Article →Hundred teams to be buoyed by hike in IPL franchise valuations
The recent rise in the estimated worth of IPL franchises is expected to positively impact the financial prospects of associated Hundred teams amid growing market competition.
Read Full Article →Charities ‘penalised’ by Rachel Reeves’ taxes
The increase in employers' national insurance contributions has raised operational costs for many charities, potentially reducing their available resources and affecting staff comp...
Read Full Article →Stephen Kinnock says Reeves looking ‘very carefully’ at wealth tax
Health Minister Stephen Kinnock indicated that the government is seriously considering implementing a tax targeting accumulated assets, reflecting increased political support follo...
Read Full Article →Shein files for Hong Kong IPO as London listing prospects wane
Shein's decision to pursue a public offering in Hong Kong reflects a strategic shift aimed at securing capital amid diminishing opportunities for its previously considered London m...
Read Full Article →Trump tariffs: Fresh delay as UK steel exemption hangs in the balance
The postponement of revised import duties on British steel creates uncertainty in trade relations, potentially affecting market stability and the economic outlook for industries re...
Read Full Article →There’s more to philanthropy than writing cheques
Philanthropic efforts contribute significant value by combining financial resources with skills, time, and leadership, enhancing the overall impact on addressing critical social is...
Read Full Article →Labour voters are suffering from buyers’ remorse
A significant portion of individuals who supported Labour in the 2024 General Election now express regret, which could potentially influence future economic policies and market con...
Read Full Article →I’m the only disabled director in the FTSE 100 – these are three questions every CEO must ask
Greater inclusion of employees with disabilities can unlock significant economic value for companies by enhancing diversity, improving innovation, and expanding access to a broader...
Read Full Article →Tesla shares slide after Musk plots new political party in latest Trump snub
Tesla's market value declined notably following CEO Elon Musk's announcement of a new political party, resulting in a significant drop in the company's stock price during early tra...
Read Full Article →Downing Street flirts with wealth tax despite exodus fears
The potential introduction of a wealth tax in the UK may impact high-net-worth individuals’ financial decisions, possibly increasing tax revenues while raising concerns about accel...
Read Full Article →Rachel Reeves warned cash ISA reforms will hike mortgage costs
Proposed changes to reduce the tax-free savings limit are expected to increase borrowing expenses, potentially affecting both homeowners and business borrowers across the country.
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