The UK Civil Aviation Authority has today published a consultation setting out the changes it proposes to make to the annual charges for airlines using Heathrow Airport. In March 2023, …
Retirement Planning
Computacenter: Record year for London firm as large IT businesses splash out on tech
London based tech company Computacenter has achieved record revenue and profit, fuelled by significant investments from large businesses in IT services. During the full financial year 2023, total sales surged …
FCA writes to 5,500 financial advice CEOs after review finds ‘both good and poor practice’ on retirement income
The Financial Conduct Authority (FCA) has written to the heads of advice firms following a review into retirement income, as the watchdog painted a mixed picture. It said there were …
Johnson Matthey to spin off medical manufacturing arm for £550m
Chemicals specialist Johnson Matthey has spun off its Medical Device Components business to a private equity firm for over half a billion pounds. According to a notice from the firm …
Lloyds set to become main payments processor for Paypoint as bank expands small business footprint
Lloyds Bank and Paypoint have announced they are expanding their existing partnership, with the lender set to become the main processor of card payments for Paypoint’s 60,000-strong network of small …
Investec expects double-digit earnings growth after year of change
Investec Group published its pre-close trading update for the financial year to the end of March 2024, saying it expects double-digit earnings growth after a year of change. The trading …
Mike Ashley steps up involvement in Hornby with chief consultancy role
Mike Ashley has stepped up his involvement in model trains brand Hornby after becoming a consultant to its chief executive. The billionaire majority owner of retail empire Frasers Group is …
Prudential hikes dividend thanks to profit growth following ‘relentless focus’ on new strategy
Prudential has upped its dividend after reporting strong growth in new business over 2023, which the firm put down to its “relentless focus” on its new strategy. New business profit, …
Inflation drops faster than expected ahead of Bank of England’s interest rate decision
Inflation fell faster than expected last month, raising questions for the Bank of England ahead of its latest interest rate decision. Figures from the Office for National Statistics (ONS) showed …
Let’s talk about tax – Starmer may regret shutting down debate on abolishing NI
Is dismissing ideas about genuine reform of the tax system as “unfunded pledges” really the best the Labour leader can do? Asks Eliot Wilson Taxation runs through politics like a …