EMPLOYMENT Employment Rights Bill will damage jobs market, businesses warn City AM The Government has been warned that the Employment Rights Bill must be changed to prevent a crisis in the jobs market, with business groups voicing concern over the potential impact on...

INVESTMENT Fund managers pulling out of UK stocks City AM The Times Fund managers are pulling out of UK stocks at the fastest pace since 2004. Analysis by Bank of America shows that average equity allocations to the UK dropped from a net 2% underweight in August to a...

INVESTMENT UK urged to back its innovators City AM A report by the Purposeful Company think-tank has proposed reforms designed to support the growth of UK firms amid a surge in foreign takeovers. The think-tank has called for the creation of a pension "super fund" to...

INVESTMENT US financial firms plan £1.25bn UK investments Sky News City AM US financial firms have announced UK investments worth £1.25bn that could create 1,800 jobs. While Citi is planning to invest £1.1bn across its UK operations, S&P Global is set to pump £4m...

AX Big retailers at risk from tax changes The Times Hundreds of large UK retailers could face closure under government plans to introduce a higher business rates band for properties valued above £500,000, the British Retail Consortium (BRC) has warned. The group said...

TAX Chancellor concedes tax hikes may hinder growth The Daily Telegraph City AM The I The Independent UK Rachel Reeves has acknowledged that tax increases could negatively affect economic growth while addressing the British Private Equity and Venture Capital...

TAX Economists expect more tax hikes in Budget The Daily Telegraph Rachel Reeves is expected to announce significant tax increases in the upcoming autumn Budget, according to Goldman Sachs economists. Although markets would respond more favourably to spending cuts,...

OUTLOOK Ineos pulls UK investments amid instability The Daily Telegraph The Times Sir Jim Ratcliffe's Ineos Energy has ceased investments in the UK, labelling it "one of the most unstable fiscal regimes in the world." Brian Gilvary, executive chairman, stated that...

EMPLOYMENT Job seekers surge as hiring stalls Daily Mail The Independent The number of jobseekers in the UK is rising at its fastest rate since November 2020, according to a report by the Recruitment and Employment Confederation (REC) and KPMG. The surge comes as...

EMPLOYMENT Pace of job cuts accelerates City AM UK employers cut jobs at an annual rate of 0.5% in the three months to August, according to a Bank of England survey of chief financial officers. This marks the fastest pace since 2021. Nearly half of respondents said...