Labour’s Islington South and Finsbury MP Emily Thornberry has thrown her hat in the ring for Labour deputy leader and proposed the introduction of a wealth tax as part of …
Carlyle announce deal with Formula 1 team Red Bull
Global investment firm Carlyle has announced a multi-year strategic partnership with Formula 1 team Red Bull in a first-of-its-kind deal. The Nasdaq Carlyle Group, with a market cap of $23bn, …
Anglo American and Teck Resources set for £36bn merger
London-listed mining group Anglo American is set to combine with Canada’s Teck Resources to form a giant worth $50bn (£36bn). The new entity will be called Anglo Teck and is …
FCA: 30m people eligible for motor finance compensation
Tens of millions of Brits could be eligible for compensation under a proposed motor finance redress scheme, the UK’s financial watchdog has said. Nikhil Rathi, chief executive of the Financial …
HSBC Innovation Banking hands parent £333m in dividends after profit rockets
HSBC Innovation Banking has handed a £333m in dividends to its parent company amid a surge in profitability after completing its first full year as a subsidiary of HSBC Group. …
University students lack basic financial knowledge, research finds
Incoming university students lack basic understanding and knowledge of personal finance, leaving them at risk of running out of money, new research has found. Nearly 50 per cent of young …
Demand for Marylebone Village spots drives gains at Howard de Walden
Rental income at the Howard de Walden estate has soared thanks to demand for retail and office spaces in Marylebone and Harley Street. Despite only a 1.1 per cent increase in property …
London fails to reach podium in list of top sport cities
London has failed to regain a place on the podium for the best sports cities after finding itself fourth for the second consecutive year. European rival Paris secured top spot …
Rachel Reeves’ tax raids drag UK to worst hiring slump globally
Chancellor Rachel Reeves’ tax raids on employers have continued to harm the economy with fresh figures showing the UK had the worst hiring slump across the globe. The UK suffered …
Lord Stuart Rose slams work-shy Brits: ‘I’m afraid life is tough’
Lord Stuart Rose has spoken out against a rise in sick leave and benefits for Brits, arguing that the nation should ‘lean in’ and get to work. Speaking to Times …