The use of deferred prosecution agreements (DPAs) doesn’t stop corporate fraud, and may be actively encouraging it, according to new paper by the Institute of Economic Affairs (IEA). DPAs are …
Retirement Planning
Hospitality firms are bracing for the return of inflation
October’s inflation figure has worried hospitality firms. While it is not too far above target – 2.3 per cent versus the sweet spot of two per cent – and one …
Global dividends hit record high despite UK drop off
Global dividends hit a record third quarter high in 2024 after rising to $431.1bn (£340.7bn), despite a sharp drop off in UK payouts. Globally, 9 companies in ten (88 per …
Square Mile and Me: Megan McDonald on leading investment bank Daiwa Capital
Each week we dig into the memory bank of the City’s great and good. Today, Megan McDonald, CEO of investment bank Daiwa Capital Markets Europe, tells us how she went from …
A MAGA playbook for business
What did one of Britain’s top storytelling and speaker coaches learn from a Trump rally? As a storytelling and speaker coach, I am usually behind the stage in rehearsal rooms, …
Mark Kleinman: Handbags (and more) at dawn for activist Ashley
Mark Kleinman is Sky News’ City Editor and is the man who gets the Square Mile talking in his weekly City AM column. This week he tackles Mike Ashley’s newfound penchant for …
GB Energy given five years to turn a profit
The boss of Great British Energy has been given a five-year target for Labour’s flagship state-owned energy company to become “profitable”, MPs have been told. Juergen Maier, who was appointed …
Football regulator delay fears after Lords ask for 158 changes to bill
Fears are growing that the introduction of the independent football regulator will be further delayed after peers tabled more than 150 amendments to the pivotal bill. The prevaricating is also …
So, so grateful: Emma Hayes hails $30m donation to US women’s football
Emma Hayes has hailed Michele Kang after the American philanthropist and owner of London City Lionesses pledged $30m to US Soccer for its women’s football programmes. South Korean-born Kang, 65, …
HMRC pays out nearly £1m in tax fraud tip offs
The tax agency HMRC has nearly doubled the amount paid out to those making tip offs, the highest figure of at least the past seven years. According to Freedom of …