Legal sector growth overtakes wider professional services market August 20, 2024 The UK legal sector has grown more than 13 per cent over the last year, surpassing the wider professional services market
JP Morgan nudges up UK growth forecasts after latest GDP figures August 20, 2024 JP Morgan bumped up their growth forecasts for the UK economy in the third quarter of this year following last week’s GDP figures. The investment bank now expects the economy to grow 0.4 per cent between July and September, up from a previous estimate of 0.3 per cent. This equates to an annualised growth rate [...]
Blackbaud: CSR and ESG has evolved with focus on authentic impact August 20, 2024 City A.M. sat down with Andrew J. Troup, the director of corporate giving and engagement strategy at Blackbaud, to find out what he anticipates the future of social impact will look like.
Dividend tax payers double over last three years as bill soars to £18bn August 20, 2024 The number of people expected to pay dividend tax has almost doubled over the last three years, new data has revealed. Around £18bn is expected to be brought in from the dividend tax in the 2024/25 financial year, according to a Freedom of Information request from AJ Bell, with almost 3.6 million taxpayers forking over [...]
Flexjet: Increasing popularity of private jets helps UK sales soar August 20, 2024 The UK arm of private jet company Flexjet is eyeing further growth in Europe after increasing its sales and cutting its pre-tax loss during its latest financial year. The London-based division of Flexjet, which operates in the fractional ownership market, has posted a turnover of £40.9m for 2023, up from £38.4m in 2022. Newly-filed accounts [...]
HSBC mulls sale of South African businesses in pivot to Asia August 20, 2024 HSBC is reportedly considering selling its South African businesses as part of its pivot towards Asian markets.
Notting Hill Carnival 2024 schedule: Where to go and what to see August 20, 2024 This weekend sees the return of one of London’s most hotly-anticipated events: the Notting Hill Carnival. A celebration of the city’s diversity and musical cultures, it’s attended by as many as three million people a year – and this one promises to be a belter. Here’s the lowdown on where to go and what to [...]
Vanguard: Asset manager soars to second most popular UK retail investor pick August 20, 2024 Vanguard has jumped to become the second most popular asset manager among UK retail investors for the first time. While American passive manager Blackrock has long dominated the number one spot for net sales among UK retail investors, this is rival Vanguard’s first time in the quarterly Pridham Report. Vanguard brought in £1.6bn in net [...]
Rick Stein-owned group to open new restaurant in central London after return to profit August 20, 2024 The Stein Group, founded and co-owned by Rick Stein, has announced plans to expand to central London after making its way back into profit last year. Stein’s has reportedly begun the search for a central London site for its thirteenth restaurant. It currently operates twelve eateries across the south of the country, with one already [...]
Cammell Laird: ‘Boaty McBoatface’ maker hails historic year August 20, 2024 Cammell Laird, the company that built the ship that was almost known as ‘Boaty McBoatface’, has hailed its latest financial year as one of its most successful since being founded in 1828. The Birkenhead-based business, which completed work on the RRS Sir David Attenborough in the summer of 2021, has reported a pre-tax profit of £6.8m for the [...]