City split on Bank of England’s August interest rate decision July 29, 2024 City economists are split about whether the Bank of England will choose to start cutting interest rates on Thursday.
People told us our idea wasn’t possible — so we set out to prove them wrong July 29, 2024 Ambition A.M. meets Thomas McHugh, co-founder and chief executive of data management firm Finbourne, to hear what it takes to prove an idea possible. Accurate data management is crucial for the financial services industry, especially when it comes to preventing fraud and avoiding costly errors. Thomas McHugh, chief executive and co-founder of data integration and [...]
Meet the fund managers: In defence of private equity July 29, 2024 In this weekly series, investment reporter Elliot Gulliver-Needham sits down with a fund manager for a Q&A. This week, we’re hearing from Helen Steers, co-lead manager of private equity trust Pantheon International PLC (PIP)
Olympics is a chance to win business as well as medals July 29, 2024 If we can pick up friendships as well as prizes at the Paris Olympics, and help deliver successful and sustainable sporting events worldwide, we will feel the benefits here in the City, says Chris Hayward The greatest show on Earth – the Olympic and Paralympic Games – have begun. Over the next couple of weeks, the world’s best athletes will compete in Paris hoping to win medals, break records, [...]
Are we about to witness the death of the bonus? July 29, 2024 In a cost of living crisis, Gen Z employees need a financial boost all-year round, not just a discretionary bonus in December, says Nebel Crowhurst From a “Brucie Bonus” to a “Bonus Round” an unexpected cash reward is always gladly received. A bonus at work, however, isn’t always as welcome as you first might think. [...]
Reeves to pave way for spending cuts with attack on ‘worst inheritance since the war’ July 28, 2024 Rachel Reeves will vow to "fix the foundations of our economy" in a much anticipated speech to Parliament in which she will also reveal the findings of the Treasury's spending audit.
Top shareholder says Anglo should close ‘unfeasible’ Yorkshire mine July 28, 2024 One of Anglo America's top investors has called for the London-listed miner to mothball its flagship fertiliser mine in North Yorkshire because it won't provide a good enough return on investment.
Week ahead: Market holds breath for busy central bank week July 28, 2024 Markets are preparing themselves for one of the busiest weeks of the calendar, with the Federal Reserve, the Bank of England, and Bank of Japan all deciding the path for interest rates in their country over the next five days.
Eurostar disruption resolved as France’s SNCF fixes sabotaged train line July 28, 2024 Saboteurs launched a co-ordinated attacks across the high speed rail network, causing chaos for those heading to the Olympic Games on Friday.
Airbus chief: Starmer should press ahead with Heathrow third runway July 28, 2024 The boss of Airbus has backed building Heathrow’s third runway, as the new government moots whether to put its weight behind the controversial proposals. Heathrow’s chief executive warned last week the airport wouldn’t be able to meet rising demand for travel without expanding capacity. The UK’s busiest hub reported record traffic in the first half [...]