Conservatives ‘lost the confidence’ of business, Badenoch admits Politics The Conservatives “lost the confidence of business” at the July general election and firms “knew we were going to lose”, Kemi Badenoch has admitted. Speaking at the Confederation of British Industry (CBI)’s annual conference on Monday, the Tory leader told attendees Labour’s Budget had got the diagnosis wrong, leading to an “unprecedented raid on businesses”. [...]
Rightwing MPs push general election petition as it passes one million signatures Politics A host of rightwing politicians have been pushing a petition online calling for a general election, which has now gathered over one million signatures.
Lower interest rates not enough to rally consumer confidence Retail After a steady climb throughout the year so far, consumer confidence dipped in November amid warnings it could continue to fall into 2025. Overall confidence fell from 47.3 in October to 46.9 in November, according to the S&P Global UK Consumer Sentiment Index (CSI) survey. The neutral mark is 50. Chief business economist at S&P, [...]
The Tories must get good at opposition – and fast July 10, 2024 Conservatives in opposition must provide scrutiny, support for sensible pro-growth measures and find out what they believe in, says James Price Having failed to be a very good government, the Conservatives now have an even more difficult task. They have to dust themselves down and find a new leader to build them back up with [...]
FTSE 100 today: London markets set for muted open amid sparse economic calendar July 9, 2024 Asian markets mirrored Wall Street's rise, with gold prices edging up. All eyes are on Federal Reserve Chair Jerome Powell's testimony.
Shein London Stock Exchange float would trigger talks on tax, Reynolds suggests July 7, 2024 Shein would be expected to meet “ethical and moral targets” on “all aspects of business” if it lists in London, the business secretary said.
EU would give ‘fair hearing’ to plans to improve relationship, Irish PM says July 7, 2024 EU leaders would give Keir Starmer a “fair hearing” on plans for “ironing out practical issues” between the UK and Europe, the Irish Prime Minister said.
UK should ‘explore’ closer trade relations with EU, Jonathan Reynolds says July 7, 2024 The UK should “explore opportunities” for closer trade relations with the European Union (EU), Jonathan Reynolds has said.
Election 2024: FTSE 100 in the red but midcap index maintains gains after Labour landslide July 5, 2024 Sterling was trading up around 0.1 per cent this morning at $1.277 while futures on the FTSE 100 edged up by around 0.2 per cent. Markets will open at 8am.
Election 2024: What do the results look like in London and who is my MP? July 5, 2024 Labour have swept into power on the back of a landslide victory which has reduced the Conservatives to a rump force in London.