Sunak promises tax cuts and tells doubters he is ‘totally up for the fight’ February 10, 2024 Hard work should be rewarded with tax cuts, Rishi Sunak has said, telling critics who doubt he can turn his party around that he is “totally up for the fight”.
Taxman doubles amount of unpaid tax recovered from UK football clubs October 2, 2023 HMRC more than doubled the amount of unpaid tax that it recovered from UK football clubs in the past year as part of a crackdown on the sport.
Economic headwinds risk leaving UK’s small businesses underinsured September 29, 2022 The headwinds facing the UK economy risk leaving small businesses underinsured, Aviva has warned. Inflation, supply chain disruption, and labour shortages could leave UK small and medium enterprises (SMEs) at risk of facing huge bills, if the insurance policies they have fail to cover the actual costs repairing buildings or replacing assets, the insurance giant [...]
Insurer RSA share price rockets after £7.1bn takeover deal approach November 6, 2020 Insurer RSA share price rockets after confirmation of break-up deal talks
NHS delays have created Britain’s newest boom industry: private healthcare December 6, 2023 The number of private healthcare treatments shot up again in the first half of the year, driven by NHS waiting lists getting longer
Babcock: British defence giant awarded £120m submarine deal supporting 250 jobs November 28, 2023 Since the Russian invasion of Ukraine, and more recently, the Israeli war with Hamas in Gaza, defence firms like Babcock have seen their order books increase
Phoenix Group on track to meet financial goals after weathering economic storm December 6, 2022 London insurer Phoenix Group today said it is on track to generate £1.3bn- £1.4bn worth of cash this year due in part to it avoiding the UK’s LDI crisis. The insurer said its “comprehensive” hedging strategy had insulated it from the current downturn as Phoenix noted it does not participate in the Liability Driven Investment [...]
FTSE 100 close: Phoenix helps London markets into the green as investors look to key inflation data November 13, 2023 "There is a little more optimism edging in on markets ahead of key inflation data out this week," Susannah Streeter said.
Co-op warns cost of living crisis will eat into future profits as food to funeral care firm feels pain of inflation April 5, 2023 The Co-operative Group has warned that ongoing inflation and economic uncertainty is likely to reduce its profits in 2023. The food, insurance and funeral care provider revealed its underlying profit remained flat at £100m for the year while EBITDA was down £15m to £490m compared to £505m in 2021. Group revenue for the year was [...]
Prudential: Hong Kong drives new business profits up 37 per cent as Asia strategy credited November 6, 2023 Insurance giant Prudential’s new business profit rose to ($2,14bn) £1.7bn in third quarter, which was a 37 per cent increase on the same period for 2022 as the firm credits its new strategy. Prudential said its Hong Kong arm led the surge, but it also increased sales to both Chinese mainland visitors and domestic customers [...]