Markets are still betting that the US Federal Reserve will start cutting interest rates in June even after inflation came in ahead of expectations in February. Prices rose 0.4 per …
Retirement Planning
No bonuses for top bosses at Travis Perkins after profits slump by £175m
Executive directors at Travis Perkins will not receive their bonuses after the company’s profits were slashed during its latest financial year. The Northampton-headquartered business reported pre-tax profits of £70m for …
Sir Nigel Wilson: Britain’s bosses must stop ‘moaning, groaning and whinging’
UK bosses need to stop “moaning and groaning and whinging” and start talking up Britain as a place to do business, the former boss of Legal & General has warned. …
Synthomer shares soar after polymer firm sees ‘cautiously encouraging’ start to 2024
Shares in chemicals group Synthomer soared 31 per cent on Tuesday, their biggest one-day jump ever. The firm said trading so far this year had been “cautiously encouraging” despite reporting a …
UK economy nearly a third smaller thanks to ‘catastrophically bad’ productivity slowdown
The slowdown in productivity growth since the financial crisis has been “catastrophically bad” for the UK economy, according to a leading economist at the Office for Budget Responsibility (OBR). Since …
Demand for ‘urgent investment’ as number of duty solicitors at ‘crisis’ level
The Law Society has called for “urgent investment” from the government as to avoid miscarriages of justice due to declining number of duty solicitors. The president of the society, Nick …
Michelle Donelan sorry for ‘distraction’ after posting defamatory (and expensive) letter
Michelle Donelan has apologised for “any distraction” her posting of a defamatory letter on X which saw £15,000 of taxpayer money paid out to settle a libel case has caused. …
What a probe into the veterinary sector means for the UK’s top dogs Pets At Home and CVS
Top dogs in the UK veterinary sector were under pressure today after the competition’s authority said it would investigate why pet owners are not getting value for money. Shares in …
Energy secretary decries Labour’s ambition to de-carbonise the UK electricity grid as ‘pure politics’
Energy Secretary Claire Coutinho blasted Labour’s ambition to de-carbonise the UK electricity grid as “pure politics” in a speech about gas power plants to the energy sector today. Speaking at …
How Liverpool hopes to create 8,000 jobs and ‘save lives across the world’
Details of how Liverpool’s Investment Zone will seek to create 8,000 jobs and ‘save lives across the world’ have been unveiled. The zone was launched by the UK Government in …