FTSE 100 close: Persimmon and Taylor Wimpey pull index away from record high January 19, 2023 London’s FTSE 100 index registered one of its worst days since the turn of the year, pulling it away from its record high. The capital’s premier index shed 1.07 per cent to drop to 7,747.28 points, while the domestically-focused mid-cap FTSE 250 index, which is more aligned with the health of the UK economy, fell [...]
UK property developers hit with new taxes to pay for unsafe cladding removal post-Grenfell February 10, 2021 Shares in major UK property developers have fallen this afternoon, after an announcement that they will be hit with new taxes to pay for the government’s unsafe cladding removal scheme. Housing secretary Robert Jenrick today announced two new taxes on UK property developers to help pay for the government’s efforts to remove unsafe cladding from [...]
Family behind Peel Ports nets £22m in dividends as profits rise January 21, 2024 The Whittaker family raked in a £22m dividend payout from their network of ports in the UK last year as shipping rates soared, company filings show.
Financial Services and Markets Bill gets the nod in House of Commons October 25, 2022 Documents relating to the Financial Services and Markets Bill will now move to the House of Lords for further scrutiny and approval.
Vanguard: Asset manager soars to second most popular UK retail investor pick August 20, 2024 Vanguard has jumped to become the second most popular asset manager among UK retail investors for the first time. While American passive manager Blackrock has long dominated the number one spot for net sales among UK retail investors, this is rival Vanguard’s first time in the quarterly Pridham Report. Vanguard brought in £1.6bn in net [...]
Brutalist gatekeepers should remember people need homes too April 18, 2024 Another building project, another planning delay. It is as predictable as rain on a bank holiday. And it does the same thing to the mood of investors. London needs to build. The UK needs to build. It also needs to repurpose buildings, find new ways of linking up communities, and generally put the bricks and [...]
London’s FTSE 100 gains tamed by traders dumping house builders on property price jitters October 31, 2022 London’s FTSE 100 was tamed today by traders ditching the UK’s largest house builders on fears the property is headed for a sharp slowdown. The capital’s premier index’s gains were held to 0.66 per cent, finishing at 7,094.53 points. The domestically-focused mid-cap FTSE 250 index, which is more aligned with the health of the UK [...]
Productive relations with the EU are a win-win for the City and the UK as a whole May 15, 2023 The City can only benefit from improved relations between the UK and the EU. As the leading financial centre, the Square Mile should push for even stronger cooperation with EU partners, writes Chris Hayward
Could Reform become the party of business? June 26, 2024 The Conservatives have damaged their reputation as the party of enterprise, leaving the field wide open for Reform to seize the free market agenda, says James Price This being a family-friendly newspaper, I will have to be judicious when quoting a certain ex-Tory Prime Minister’s response to businesses’ concerns about Brexit. “F*** business” was certainly [...]
Workforce shrinkage risks roiling growth and embedding inflation December 20, 2022 A workforce squeezed by older Brits retiring earlier threatens to intensify inflation in the UK and whack economic growth, a new report out today claims. The some 565,000 people who have left the jobs market since the start of the Covid-19 crisis will drag on a UK economy that is already tumbling into an at [...]