Goldman Sachs says odds of a US recession 35 per cent in next two years April 18, 2022 The odds of the US facing an economic recession in the next two years have hit 35 per cent according to top Goldman Sachs analysts.
Workers’ rights fines will harm growth and jobs, small businesses warn September 3, 2024 The government risks “reversing economic growth” and disincentivising hiring if it pursues plans to issue “punitive” fines to businesses that breach its workers’ rights plan, industry leaders have warned. Businesses face paying thousands of pounds in fines if they fall foul of the new protections that Labour are hoping to introduce, it was revealed on [...]
‘Things will get worse before they get better’, Starmer to warn August 24, 2024 Britain will get worse before it gets better, Prime Minister Keir Starmer is set to warn in his first major speech since taking office.
OneSavings Bank shares tumble as rising mortgage competition prompts guidance downgrade August 15, 2024 Shares in FTSE 250 lender OneSavings Bank (OSB) dropped as much as 19 per cent on Thursday after the group lowered its forecasts for the full year on the back of rising competition in the mortgage market.
How Samsung, Pampers and NBC struck gold at Paris 2024 Olympics August 14, 2024 The Paris 2024 Olympics marked a cultural shift in how brands connect with global audiences, with the games being dubbed the “TikTok Olympics” due to many sponsors’ digital-first approach. As the International Olympic Committee (IOC) acknowledges an ageing fanbase—the average age has risen by approximately 10 years in just a decade—the need to captivate younger [...]
Secure Trust Bank upgrades cost-cutting target as FCA review weighs on earnings August 14, 2024 Secure Trust Bank has ramped up cost-cutting efforts, while a review by the City regulator affecting its vehicle finance arm weighed on the firm's earnings in the first half of 2024.
Class action avalanche: Report reveals litigations are eight times greater than UK population August 2, 2024 Class action litigation is dominating the UK as a new report shows claims filed by the end of 2023 encompassing over 540 million members.
Pension money managers hail ‘progress’ on start-up plans despite sluggish investment July 30, 2024 Pension money managers that backed a plan to pump cash into start-ups last year have hailed “good progress” today despite still investing a fraction of their total assets into so-called growth companies.
Insolvencies set to rise amid ‘perfect storm’ of rising rates and slowing economy, Kroll’s global restructuring lead warns June 29, 2023 Insolvencies are likely to rise amid a “perfect storm” of rising interest rates, higher costs and a slowing economy. “All the indicators show that insolvencies will rise and I think that our message is that management teams need to be taking advice earlier and recognising the problem earlier,” Sarah Rayment, the new co-lead of global [...]
‘Green shoots all around’ for the UK venture capital scene but challenges remain July 16, 2024 "We are seeing green shoots all around," principal at Atomico, Sarah Guemouri, said. "Despite a slow start to the year, we expect capital invested as a whole to exceed last year’s figures."