Historically, Labour governments have delivered better annual returns The premierships of Harold Wilson and Jim Callaghan were the most lucrative Investors will be wondering what the future holds now that Labour is in power. Looking again at the historical data, we see that Labour has generally achieved positive results when in power. The FTSE 250 … Read more
The Labour Party’s landslide victory in Thursday’s British election means it takes power in the country after more than a decade under the leadership of the Conservative Party. The change comes at a time when there is still a lot of economic uncertainty in the country, the effects of higher inflation are still being felt … Read more
A landslide victory for Keir Starmer in Thursday’s general election could give Britain a stability premium in global markets, boosting the pound, stocks and investment in the UK as political unrest mounts elsewhere, investors in the City say. In a sharp contrast to warnings from the Conservative Party about the dangers of a large Labour … Read more
Stay up to date with free updates Simply register for the Chinese business and finance myFT Digest — straight to your inbox. Western financial institutions in China have cut their investment banking staff by the most in years, after a market slowdown eroded profits and halted years of expansion in the country. The cuts in … Read more
Stay informed with free updates Simply register for the German economy myFT Digest — straight to your inbox. The head of Germany’s central bank has urged the government to cut taxes, cut bureaucracy, boost the workforce and increase the carbon tax to boost the country’s declining attractiveness to investors. According to Joachim Nagel, president of … Read more
Bernard Arnault has taken a personal equity stake in Cartier parent Richemont, according to people familiar with the French billionaire’s investments. It is unclear exactly how many shares the LVMH chairman and CEO acquired in Cie Financiere Richemont SA. It was described by one of the people as “small” and part of a broader portfolio … Read more
By Germania Rodriguez Poleo and Emma James for Dailymail.Com 6:07 PM June 24, 2024, updated 8:02 PM June 24, 2024 Share or comment on this article: The millionaire investment banker who was filmed punching a woman in Brooklyn at a Pride event has resigned from his high-paying job. Jonathan Kaye, 52, was a Managing Director … Read more
15 minutes ago By means of Nick Edser, Charlotte Edwards, Business reporter Getty Images Investment levels in Britain are still among the worst among the world’s richest countries and unless this improves it is difficult to predict how the economy will grow, a think tank has said. The Institute for Public Policy Research (IPPR) said … Read more
Image source, Getty Images Item information Author, Nick Edser Role, Business reporter, BBC News June 18, 2024 Updated 1 hour ago Investment levels in Britain are still among the worst among the world’s richest countries and unless this improves it is difficult to predict how the economy will grow, a think tank has said. The … Read more
Stay informed with free updates Simply log in to the European banks myFT Digest – delivered straight to your inbox. Deutsche Bank is banking on an aggressive hiring spree that has added more than 100 investment bankers in the past 18 months to boost revenues and reduce its reliance on bond trading. Since the start … Read more