CBI: Roadmap needed as firms struggle amid rising wealth tax rumours August 29, 2024 Publishing a long-term tax roadmap would address the “confidence shortfall” among UK firms, the Confederation for British Industry (CBI) has urged the government, amid swirling rumours of a wealth tax. Businesses are facing “cost pressures” and “middling conditions” and in need of a “major boost to confidence”, the CBI has said, following hints from Sir [...]
City watchdog’s motor finance review drives up official complaints August 29, 2024 A review by the City regulator into now-banned commission arrangements on car loans has contributed to a surge in official complaints to the UK's financial ombudsman in recent months.
City law firms urged to take trainees as US arm set to close London office August 29, 2024 The City of London Law Society issued a letter to its senior partners, asking for help finding roles for trainee lawyers of a US firm that is closing its City office.
Octopus quietly pumps £25m into ‘mispriced’ AIM market August 29, 2024 Octopus Group has quietly pumped £25m of its own cash into London’s beleaguered AIM market in a bid to take advantage of “mispriced” smaller companies, it has been revealed.
The government is right to reject the EU’s plans for free movement by the backdoor August 29, 2024 The EU’s terms for reinstating a youth mobility scheme – from four-year visas to cut-price tuition fees – are utterly unreasonable, says Will Cooling Yesterday saw Sir Keir Starmer in Germany, where he tried to reinforce the positive impression he made on the global stage in the whirlwind days immediately after his election as Prime [...]
Millennials will be hit hardest by tax rises August 29, 2024 The generation that’s about to reach the most rewarding of years of their careers face spending their entire working lives earning less and paying more for worse public services, says John Oxley Few will have been cheered by Sir Keir Starmer’s speech this week. While Harold Macmillan might have told voters that they’d never had [...]
Two more crew members from Mike Lynch’s yacht placed under investigation August 28, 2024 Lynch and six others lost their lives when the Bayesian capsized and sunk after being hit by a storm off the coast of northern Sicily.
JD Wetherspoon boss clashes with Ryanair chief over calls for airport pint limits August 28, 2024 Michael O'Leary claimed on Tuesday there had been a rise in in-flight violence over the summer due to increasing drug and alcohol use.
Hargreaves Lansdown co-founder’s private equity firm shutters August 28, 2024 A private equity firm run by Hargreaves Lansdown co-founder Stephen Lansdown has shuttered.
Founder Favourites: Founder of Admiral on how NOT to be a sh*tty boss August 28, 2024 In this episode of Founder Favourites, City A.M. sits down with Henry Engelhardt, the energetic businessman and founder of the UK’s largest specialist car insurer Admiral Group, to find out the secret to being a great boss.