The new Labour government must remain “laser-focused” on seizing the positive signals in the UK economy and delivering growth, influential business groups have said. At Keir Starmer’s first press conference as prime minister on Saturday, he pledged to chair new “mission delivery boards” to “deliver change” and deliver on Labour’s election promises, including boosting economic … Read more
By Jeff Prestridge Updated: 02:51 EDT, July 8, 2024 Evenlode is an employee-owned investment company that quietly makes money for its clients in its own way. The 18-strong investment team is based in Chipping Norton, Oxfordshire, and manages £5.6bn of assets with the main aim of generating ‘smooth’ returns for investors. While the £3.3bn income … Read more
Unlock the Editor’s Digest for free Roula Khalaf, editor-in-chief of the FT, selects her favourite stories in this weekly newsletter. Nomura’s CEO is on the hunt for global acquisitions to expand the asset management business of Japan’s largest brokerage and investment bank. Kentaro Okuda said in an interview with the Financial Times that the bank … Read more
Rejecting valid submissions, delaying payments and reclaiming tax credits Government’s flagship program offers financial lifeline to many small businesses Scheme is key to government plans to make UK a ‘tech superpower’ by 2030 HM Revenue & Customs is under fire for clamping down on businesses by denying genuine claims for research and development tax breaks … Read more
Unlock the Editor’s Digest for free Roula Khalaf, editor-in-chief of the FT, selects her favorite stories in this weekly newsletter. The Labor Party has secured a new letter of support from business leaders, this time backing its plans to overhaul the ‘apprenticeship levy’ if it wins the UK general election next week. The 57 signatories … Read more
Vodka was one of the most resilient categories in 2023. In a year when many multi-million dollar spirits struggled to grow or maintain sales, the majority of vodka brands remained strong. But how did the world’s biggest labels perform? Which vodka brand sold the most cases in 2023? The vodka category is estimated to have … Read more
Unlock the Editor’s Digest for free Roula Khalaf, editor of the FT, selects her favorite stories in this weekly newsletter. The writer is CEO of Lloyds Banking Group The general election is a good time to take stock and ask how businesses can help the UK economy reach its full potential. As one of Britain’s … Read more
Companies have become more cautious about investing in artificial intelligence tools due to concerns about cost, data security and safety, according to a study conducted by Lucidworks, a provider of e-commerce search and customer service applications. “The honeymoon phase of generative AI is over,” the company said in its Generative AI Global Benchmark Study 2024, … Read more
Introduction: It’s UK GDP Day Good morning, and welcome to our in-depth coverage of business, financial markets and the global economy. Rishi Sunak’s claim that “the economy has turned a corner” is about to be put to the test. New gross domestic product data, due at 7am, will show how the UK economy performed in … Read more
By Emily Jane Davies and Ross Slater 08:17 June 01, 2024, updated 10:23 June 01, 2024 Share or comment on this article: A family claims they were ‘bullied’ by the council after a nightmare neighbor complained about ‘stomach-churning smells’ coming from their garden. Geoff Grewcock and his daughter Emma Hudson from Nuneaton, West Mids have … Read more