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Starmer’s defence pledges will trigger a tax bombshell
Keir Starmer’s proposed defence investment is expected to substantially impact government revenue, potentially leading to notable changes in tax policy to support increased nationa...
Read Full Article →JD Sports: CEO’s bonus cut as FTSE 100 giant loses £1bn profit race to Next
JD Sports’ financial performance impacted executive compensation as the company reported lower profitability compared to a rival, influencing the CEO’s bonus despite an increase in...
Read Full Article →Lloyd’s of London new CEO sets out vision and new executive team
The appointment of a new CEO and executive team at Lloyd's of London signals potential strategic shifts that could influence the company’s market position and financial performance...
Read Full Article →Auto Trader: FTSE 100 giant faces double City broker downgrade
Two major financial analysts have lowered their revenue and earnings projections for a leading FTSE 100 company following its recent underwhelming financial performance.
Read Full Article →Non-dom exodus could blow ‘black hole’ in public finances
A significant number of non-domiciled individuals departing the UK may substantially reduce government revenue, potentially eliminating available budget flexibility and impacting f...
Read Full Article →Starmer’s defence spending will mean ‘chunky’ tax rises, warns IFS
Increasing the budget for national defense by £10-15 billion annually is expected to lead to substantial tax increases, as higher expenditures also coincide with growing costs in h...
Read Full Article →IG Group: First crypto trading launch for UK-listed firm
IG Group’s introduction of cryptocurrency trading for individual investors marks a strategic move to expand its market offerings and potentially increase revenue through fees in a...
Read Full Article →FTSE 100 defence stocks: Rolls-Royce, BAE Systems and Babcock shares surge
Following the UK government’s strategic defence review, key defence companies on the FTSE 100 experienced notable stock increases due to planned investments in advanced military ca...
Read Full Article →Open access is ‘key priority,’ says Firstgroup boss
Firstgroup’s investment in additional Class 222 diesel trains reflects a strategic move to enhance service capacity, potentially boosting revenue amid concerns about regulatory cha...
Read Full Article →Club World Cup cash row: Seattle Sounders take fight to MLS
The disagreement over prize money distribution for the upcoming FIFA Club World Cup highlights financial tensions between players and league officials, potentially impacting future...
Read Full Article →Mortgage lending plummets in April as estate agents cross fingers for rate cut
In April, a significant decline in mortgage borrowing and approvals reflected shifting market conditions and reduced demand, highlighting potential impacts on the housing sector an...
Read Full Article →Starmer refuses to commit 3 per cent defence spending despite ‘battle-ready’ claim
The Prime Minister’s proposal to allocate 2.5 percent of GDP to defence marks a significant investment, though it falls short of the 3 percent target some critics believe is necess...
Read Full Article →Business growth expectations fall to weakest since 2022
Recent survey data reveal that a larger proportion of private sector companies anticipate reduced activity, indicating a notable decline in economic confidence that may impact futu...
Read Full Article →HSBC accelerates private credit pivot with $4bn injection
HSBC's $4 billion commitment to its asset management division highlights a strategic move to expand its presence and influence within the rapidly growing private credit sector valu...
Read Full Article →M&S: FTSE 100 share price growth helps swell CEO’s pay before cyber attack
The increase in Marks & Spencer's stock value prior to a significant cybersecurity incident contributed to the chief executive's compensation exceeding £7 million for the most rece...
Read Full Article →Reeves’ tax raids and tariff woes strain UK manufacturers
British manufacturers faced ongoing financial pressures in May as increased taxation and trade barriers contributed to a subdued operational outlook, despite a slight improvement i...
Read Full Article →Andy Haldane: Reeves ‘not even close’ on growth after ‘rookie errors’
Andy Haldane criticized the government's economic approach under Rachel Reeves, suggesting that recent policy decisions have fallen short of effectively stimulating sustainable fin...
Read Full Article →Lazard relocates UK headquarters after 20 years
Lazard’s move to a larger London headquarters reflects its strategic investment in expanding operations within the UK market, positioning the office as a key component of its globa...
Read Full Article →Keir Starmer defends uncertainty over defence spending target
The delay in specifying a timeline for reaching the planned defence expenditure highlights ongoing budgetary challenges and may impact future allocation of resources within the UK’...
Read Full Article →Radley London to raise prices to combat Trump’s tariffs
Radley London plans to adjust its US pricing strategy due to additional import duties imposed on goods from India, potentially impacting the company's overall revenue and market co...
Read Full Article →Valterra Platinum: Shares rise on London debut after Anglo American demerger
Valterra Platinum’s initial trading on the London market showed a notable increase in share value, reflecting investor interest after its recent separation from Anglo American valu...
Read Full Article →Can Cazoo go from collapse to Auto Trader’s ‘undisputed’ rival?
Following its restructuring, Cazoo aims to significantly expand its market presence and challenge the dominant position of a major FTSE 100 automotive marketplace within the next f...
Read Full Article →Yo! Sushi loses over £20m as costs rise
The recent financial statement indicates a significant deficit exceeding £20 million for Yo! Sushi during the period surrounding its acquisition, highlighting increased operational...
Read Full Article →Monzo: Fintech unicorn tops £1bn in revenue on road to landmark IPO
Monzo experienced substantial financial growth with a 48% revenue increase to £1.2 billion, achieving consecutive yearly profits and positioning itself for a potential public offer...
Read Full Article →Invidior: Drug maker ditches London for US
Invidior's decision to shift its main listing to the US highlights concerns over market liquidity, shareholder distribution, and regulatory complexities, potentially influencing in...
Read Full Article →Vodafone completes £15bn Three mega-merger with major pledge
The recent £15 billion merger between Vodafone and Three includes a commitment to spend up to £1.3 billion on network improvements within a year, contributing to a planned £11 bill...
Read Full Article →Relaxed mortgage rules could increase first-time buyer deals by a quarter
Easing lending criteria may enable a significant rise in new home purchases by individuals entering the property market, potentially boosting overall mortgage activity and impactin...
Read Full Article →AI funding: Dawn Capital backs ex-Google team’s customer service startup
The recent €5.5 million seed investment led by Dawn Capital highlights growing financial support for emerging AI technologies aimed at transforming how businesses manage and improv...
Read Full Article →Exclusive: Hotels struggle with double whammy of staff costs and pressure on room rates
In April, UK hotels experienced decreased profitability due to rising employee expenses and reduced room pricing power, resulting in a higher proportion of payroll costs relative t...
Read Full Article →Millennial investors bought cheap stocks in Trump tariffs market turmoil
A significant portion of younger investors capitalized on global market fluctuations triggered by recent tariffs, purchasing undervalued shares that could impact their long-term fi...
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