King’s Speech: Pension schemes to be merged into ‘superfunds’ under Reeves’ shake-up July 17, 2024 Pension schemes will be pushed to pool their assets in “superfunds” as part of government plans to divert more of the country’s retirement cash into the economy and boost returns for savers, ministers have announced.
King’s Speech: From no-fault evictions to having a pet, here’s what Labour’s Renters’ Reform Bill will do July 17, 2024 Labour’s Renters’ Reform Bill will introduce significant changes to rented housing in England and Wales, including on no-fault evictions and having a pet. Legislation will be introduced “to give greater rights and protections to people renting their homes”, including “ending no-fault evictions and reforming grounds for possession”, King Charles said. The bill started life under [...]
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.
London council slammed for ‘severe’ data breach in ‘avoidable’ cyber attack July 17, 2024 Hackney Council has said it maintains that the Council has not breached its security obligations.
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.
Hopes of a summer interest rate cut fade ahead of crunch wage data (and it’s partially due to Taylor Swift) July 17, 2024 There are two particular causes of concern for the Bank, services inflation and wage growth. The two are closely linked.
London cyber firm CultureAI raises £8m to double workforce and ‘fix human error’ July 17, 2024 CultureAI's latest capital injection follows seed rounds of $4m (£3.1m) in 2021 and $5m (£3.8m) in 2023.
Nick Train’s Lindsell Train Global Equity fund downgraded after years of poor performance July 17, 2024 Nick Train's performance has left much to be desired over the past five years.
Adidas: Spain’s Euro 2024 sponsor raises guidance again as profit booms 45 per cent July 17, 2024 Operating profits almost doubled in the second quarter of the year, from £147m to £346m, up by 45 per cent.
British tycoon close to striking rescue deal to save The Body Shop July 17, 2024 A consortium led by British business tycoon Mike Jatania has agreed to buy The Body Shop out of insolvency.