The Capitalist: Labour’s boost for wealth advisors and bane for private schools plus friends like Boris’
3 Ways To Improve Credit Risk Models for Financial Lenders August 1, 2023 Assessing financial risk based on historical credit performance, is no longer the leading factor to underpin lending decision-making, with our modern and inclusive economy. I know that traditional banking and finance professionals may not agree with that statement, especially if they have been accustomed to many years of using the management of credit as an [...]
Marston’s: No ‘discernible change’ to pub chain sales amid cost of living crunch yet July 27, 2022 Marston’s has said there has been no dramatic change in punter sales at the pub chain since the cost of living crisis. In a trading update for the 42 weeks to 23 July 2022, the pub chain acknowledged sales were two per cent below 2019 levels. However, the pub chain put this down to the [...]
Audit reform plans ‘ready to go’ but government delays now holding UK back, accountancy chief warns February 20, 2023 The UK government’s failure to overhaul the country’s audit sector risks seeing Britain lose its position as a world-leading investment hub, the head of the Institute of Chartered Accountants in England & Wales has warned. ICAEW chief Michael Izza told City A.M. continued delays to the UK’s planned reshaping of the country’s audit sector could see foreign investors [...]
Sigh of relief in the City as govt calls idea of windfall tax on oil and gas profits ‘disastrous’ April 27, 2022 The Justice Secretary this morning dismissed Labour’s plan for a windfall tax on oil and gas companies to ease the cost-of-living crisis, calling the idea “disastrous”. Dominic Raab told Sky News: “If you look at Labour’s policy, you asked about it – of a windfall tax – that would damage investment in energy supplies we [...]
3 Finance Jobs That Pay Over £100k May 23, 2023 Did you know that in London, the average price of a cup of coffee is £2.55? That’s according to research from price comparison website Compare The Market. The study also found that the most expensive place to buy a coffee in London is Selfridges, but the cheapest is at Pret. It can be an expensive [...]
As global crises grow, Sunak should embrace the National Security Council October 23, 2023 To govern effectively in the midst of so many global crises, Rishi Sunak needs eyes in the back of his head, writes Eliot Wilson.
UK retail sales’ sluggish new year start as cash-strapped Brits go online to nab deals February 17, 2023 UK retail sales remained muted in January following December’s fall, with fuel sales spiking and prices continuing to plummet. The Office for National Statistics (ONS) released the figures which showed retail sales volumes increased by just half a per cent last month. This comes after it dipped by 1.2 per cent in December, despite the [...]
Soaring inflation burns hole in councils’ finances, LGA finds June 28, 2022 Rampant inflation is burning a hole in the finances of English and Welsh councils and may force them to trim public services without more funding, reveals a fresh report published today. Rising energy costs caused by Russia’s invasion of Ukraine lifting European gas prices and an uplift to the national living wage will heap an [...]
Britain’s abysmal numerical abilities are no laughing matter if we want a strong future February 13, 2023 Britons pass off being bad at maths as a joke, but our lack of numerical skills are a serious challenge for our workforce and our future economy, writes Nicholas Lyons
Property market is hot but cooling amid cocktail of low stock, high inflation and uncertainty June 21, 2022 The UK’s property market is still going strong, despite fears that rising inflation and the cost of living crisis will choke growth. The number of properties changing hands fell again last month in comparison with its pandemic heights last year. However, with some 100,870 homes sold in May, the latest government data has found a [...]