Young Brits are eyeing an early retirement, due to a growing belief that investing the minimum will be enough to fund their dream later life, ignoring warnings their savings are …
Six Nations investors CVC Capital Partners in debt plan talks with Ares, reports
CVC Capital Partners’ recently formed £9bn sport fund juggernaut is in talks with Ares Management about a mega debt deal. The Global Sport Group – which includes investments such as …
Macquarie ups stake to become majority owner of London City Airport
An asset management giant has become the majority owner of London City Airport after buying out some of its fellow shareholders. Macquarie Asset Management has increased its stake in the …
Andy Haldane elected president of British Chambers of Commerce
Andy Haldane has been elected the new president of the British Chambers of Commerce (BCC), succeeding the serial entrepreneur and business doyenne Baroness Lane Fox. The central banking veteran, who …
UK banks tax rate rises as fears of a budget raid spike
The tax rate on the UK banking sector rose in the last financial year as the industry braces for a potential hike to its financial burden in the Autumn Budget. …
R360 chiefs hit back at NRL 10-year ban ‘threats’ to rugby players
R360 chiefs have hit back at “threats” made to players after the NRL said it would ban those who engage with the rebel league for 10 years. A number of …
Starmer’s business adviser is ‘frontrunner’ to be US ambassador
Keir Starmer’s business adviser is a frontrunner to replace Peter Mandelson as the UK’s ambassador to the US, according to reports. Varun Chandra, a former venture capital executive who has …
Richard Desmond’s group makes Rothschild allegation in £1.3bn National Lottery dispute
A high-stakes legal showdown has kicked off over the Gambling Commission’s handling of the fourth National Lottery licence, as the role of financial advisor Rothschild and its prior ties to …
Bankers to get bonuses much sooner as PRA relaxes rules
Bankers will be able to collect their bonuses much sooner under a relaxation of remuneration rules unveiled by the UK’s prudential regulator. The new rules will allow part-payment of bonuses …
The Debate: Should we abolish stamp duty for primary homes?
Kemi Badenoch’s promise to abolish stamp duty was met with cheers by the Conservatives, but is it a good idea? We put two property experts head to head in this …