New Conservative Party leader to be crowned November 2, 2024 Kemi Badenoch or Robert Jenrick will be crowned as the new Conservative Party leader on Saturday, as the four-month-long race to replace Rishi Sunak reaches the finish line. The result of the leadership ballot is expected to be announced late in the morning, with the members’ ballot having closed on Thursday. The winner will be [...]
Government hits £550m target in consultancy cuts October 30, 2024 The government is set to continue to bear down on consultancy spending as it expects to hit its £550m savings target on the external advice
How the politics of your fund manager could affect your portfolio October 28, 2024 Does politics affect the way you invest? It could be impacting how the fund manager that looks after your money does. Fund managers are increasingly managing their portfolios based on their political views, according to a new study from Harvard Business School and Washington University. An analysis of the political leanings of fund managers in [...]
Government and business need a new deal to navigate today’s uncertainty October 28, 2024 By year end, over half of the world’s population will have participated in a national election.With so many voters going to the polls, and the potential for disruptive transitions, concernsabout widespread political uncertainty have been chipping away at economic sentiment formuch of 2024. Given the wider global economic and geopolitical headwinds, this uncertaintyrisks dragging much [...]
Let them tax cake! Top accountant gives alternatives to business-bashing tax hikes October 14, 2024 While rumours swirl of potential hikes to Capital Gains Tax and the employer National Insurance rate, one top tax accountant has said the government should look elsewhere instead of targeted business-related taxes. His suggestion: Cake.
Halfords: Shareholders voice displeasure in political donations vote September 9, 2024 Shareholders in Halfords have voiced their displeasure in a vote to authorise the retailer to make political donations. More than one in ten voted against the proposal at the Redditch-headquartered group’s annual general meeting, according to a document filed with the London Stock Exchange. The 11.91 per cent in the against column comes after 4.01 [...]
‘You’re fired’: The Apprentice star Lord Alan Sugar accused of treating Parliament with contempt September 5, 2024 Lord Alan Sugar, the star of BBC One hit The Apprentice, has been accused of treating Parliament with “contempt”. The business tycoon was told “You’re fired” in a row over his long-running failure to take part in proceedings in the House of Lords. Lord Sugar was given a dose of his own boardroom medicine after [...]
Starmer’s in power, but is he in control? September 2, 2024 Labour MPs barely had time to gather for a group photo in Westminster before the summer recess started and they were packed off back to the constituencies. The lucky ones may even have made it abroad for a holiday. Today, when they file back into the Parliament and cram themselves onto the government benches in [...]
MP ‘profoundly sorry’ for alleged ‘pretty serious faults’ in flats he rents out August 31, 2024 A newly elected MP has said he is “profoundly sorry” for alleged “pretty serious faults” in some of the flats he rents out.
How much could a UK bank windfall tax raise? August 29, 2024 The banking sector is considered an easy target for an energy-style windfall tax, with lenders enjoying record profits on the back of interest rate hikes from the Bank of England last year.