Dear sport leaders, drop the slogans if you’re not going to be a force for good November 16, 2024 As the world watched the final votes being counted in the US election, one person in particular should have been nervous about Donald Trump’s victory: Fifa president Gianni Infantino. Infantino had previously claimed that the upcoming 2026 World Cup was “a rallying cry […] a moment when three countries and an entire continent collectively say: [...]
Investors should think before reacting to the US election result November 14, 2024 The US election result isn’t just about America – but UK businesses and investors shouldn’t respond in haste, says Jane Booth The dust is still settling after a major few weeks of political events, from the publication of the UK’s Autumn Budget to the election of the 47th President of the United States. It’s been an [...]
UK M&A set for ‘sustained increase’ after Budget and Trump victory November 14, 2024 British M&A activity is expected to ramp up going into 2025, City advisers have said, as dealmakers feel more certainty following the Budget and US presidential election.
Lloyds to replace senior staff’s union negotiations with ‘people forums’ November 13, 2024 Lloyds Banking Group is to stop recognising the trade union membership of some senior employees by replacing union negotiations with so-called “people forums”.
Rachel Reeves needs to get real with the fact that we have become too cautious November 13, 2024 Before the election, Rachel Reeves said she would “unashamedly champion” financial services “as one of the UK’s greatest assets”. This was music to the ears of our sector and the early signs in government have been positive. The question now is: what will this mean in practice? What is the Chancellor’s vision for financial services [...]
Strong governments must be prepared to upset the markets (a bit) November 12, 2024 The bond markets are a potent opposition, but governments must be prepared to take risks if they are ever to reap rewards, says Charles White-Thomson With a large majority and an election years away, the Prime Minister and Chancellor likely don’t feel the need to worry too much about what the electorate think. But one [...]
Collapse in SME employment growth serves as ‘wake up’ call to government November 12, 2024 Employment growth within Britain’s small and medium sized enterprises (SMEs) fell drastically last month in the run-up to the Autumn Budget’s tax hike on employers. The rolling six-month average for annual employment growth in full-time jobs dropped to 2.6 per cent at the end October, down from 12.8 per cent in October of last year, [...]
Labour will be thinking global, but their fortunes depend on the local November 12, 2024 Labour strategists will be focused on what Trump’s victory means for Britain and the world, but the government will soon face big challenges at the local level, says James Nation Following on from the US election result, takes abound on what Trump 2.0 means for the world and for the UK. On the economy, there [...]
NHS supplier Kainos reports revenue drop after lower public investment November 11, 2024 London-listed software provider Kainos has reported a drop in revenue amid a tough trading environment and delays to public investment after the general election. Kainos, which is a key supplier to the NHS, reported revenue of £183.1m in the first half of the year, down five per cent year on year. Profit before tax rose 11 per cent [...]
Treasury sells another £1bn in Natwest shares as stake falls further November 11, 2024 Natwest has bought back another tranche of shares from the Treasury as the government continues to accelerate its exit from the Big Four lender.