G20 fails to reach deal for slashing fossil fuels and ramping up renewables July 23, 2023 The G20 failed on Saturday to reach consensus on phasing down fossil fuels, following objections by some producer nations.
Hargreaves Lansdown appoints Dan Olley as new chief December 8, 2022 Hargreaves Lansdown announced that Dan Olley would take over the reins of the trading platform from next year as Chris Hill prepares to step down after six years in charge.
Lloyd’s of London member Beazley’s profits plummet 48 per cent as interest rate hikes dent portfolio March 2, 2023 Shares in specialist insurer Beazley today fell almost nine per cent after the firm told investors its profits had plummeted in 2022 due to a sharp drop in income from its investment portfolio. The insurer said its overall pre-tax profits fell 48 per cent in the year ending in December 2022 to $191m, as rising [...]
Now is not the time for opportunistic personal tax cuts February 25, 2024 The government may think Slashing Income Tax or National Insurance will win votes, but boosting growth and restoring the UK's reputation as a stable place to invest should be the priority, says John Dickie
Truss refuses to commit to more tax cuts in apparent row-back on Kwarteng comments September 29, 2022 Liz Truss has refused to commit to more tax cuts in an apparent row back of earlier comments from Kwasi Kwarteng. Truss today told BBC London that it was important to be “fiscally responsible” and to “bring debt down over time”, after being asked if she would bring in more tax cuts. Truss and Kwarteng’s [...]
Britain to boycott boxing championships over decision to allow Russia athletes to compete under flag February 14, 2023 Great Britain will snub the women’s boxing world championships in India over the decision to allow Russian athletes to compete under their flag. The International Olympic Committee (IOC) had advised all governing bodies to ban Russian and Belarusian athletes from competing under their own flags but the International Boxing Association (IBA) has gone against such [...]
BP claws more money back from former boss Looney and pays new chief £8m after 2023 profit beat March 8, 2024 BP CEO Murray Auchincloss said the firm will be "super focused" on returns
Gresham House to be taken private in £470m deal with US-based Searchlight Capital July 17, 2023 Gresham House will become the latest UK-listed firm to be taken private after agreeing a £470m deal with US-based private equity company Searchlight Capital. Shareholders in the AIM-listed fund manager, which invests in assets such as forestry and solar farms, will receive 1,105p per share, a premium of 63 per cent to its closing price [...]
Labour would slash planning red tape in green energy bid June 11, 2023 Labour would slash planning regulations in a reported bid to boost Britain’s green energy construction of wind farms and nuclear plants.
Third of global economy will be in recession this year, IMF boss warns January 2, 2023 A third of the world economy will be in recession this year, according to a bleak warning from the boss of the International Monetary Fund (IMF). Although some countries will dodge recession, “it would feel like recession for hundreds of millions of people,” in those places also, Kristalina Georgieva said. The IMF managing director said [...]