Business groups urge UK to scrap hike in migrant worker visa fees August 7, 2023 Business groups have called on the government to scrap its planned increase in visa fees for migrant workers, arguing the change will make it harder to deal with ongoing labour shortages. In a letter to Prime Minister Rishi Sunak, John Dickie, chief executive of lobby group BusinessLDN, urged the government to rethink the move. “At [...]
UK gets another upgrade but Labour’s growth target looks ‘unlikely’, PwC says July 17, 2024 New forecasts from PwC suggest the UK will grow around one per cent this year, up from the 0.5 per cent projected by the firm at the end of last year.
August interest rate cut on a knife edge after ‘nuanced’ Bank of England survey July 4, 2024 "All told the DMP gave a nuanced signal this month," Rob Wood, chief UK economist at Pantheon Macroeconomics said.
Budget: Hunt confirms energy price cap guarantee extension with household bills kept to £2,500 March 15, 2023 Chancellor Jeremy Hunt has confirmed that the Energy Price Guarantee will be extended at its current level/
What was the driving force behind Cazoo’s crash? May 30, 2024 Cazoo fell into administration last week, after cutting 728 jobs earlier this year. The news came just three years after the digital used car retailer was listed on the New York Stock Exchange for $8bn (£6.3bn).So what brought Cazoo to this point? Experts have highlighted the fundamental differences between cars and other products you might [...]
London’s FTSE 100 could ‘kick on’ further despite record breaking run May 16, 2024 The blue-chip index has gained 8.9 per cent so far this year and has set 12 all-time highs in May, a record since the FTSE's creation in 1984.
HSBC and Deloitte latest to pull job offers from UK grads due to new immigration rules May 15, 2024 HSBC and Deloitte have reportedly withdrawn job offers to foreign graduates of UK universities as new immigration rules bite
Plural launches £342m fund to target new ‘tech titans’ January 23, 2024 Venture platform Plural has launched a second fund aiming to raise €400m (£342.6m) for early stage ‘tech titans’. The firm, which began in June 2022, was founded by Wise co-founder Taavet Hinrikus, along with other entrepreneurs such as Songkick founder Ian Hogarth and angel investor Khaled Heloui. Over the last 18 months, the firm’s original [...]
Norris: P2 best we can hope for with Verstappen F1 dominance November 5, 2023 Lando Norris called his second place at the Brazilian Grand Prix as “as good as we can get” after Max Verstappen stormed to a 17th victory of the season at Interlagos. The grid had to overcome a red flag on lap one – where a number of cars collided – and severe tyre degradation in [...]
Chancellor Jeremy Hunt: Conservatives will cut taxes again in autumn ‘if we can’ April 17, 2024 Speaking to the Financial Times, the Chancellor said further tax cuts were on the table for an autumn fiscal event, but stressed it would depend on "responsible management of the economy".