A leading City lobby group is calling on the next government to bring in scams legislation that forces big tech and social media companies to cough up to £40m a year to reimburse customers and fight fraud on their platforms. The demand came in a ‘financial services manifesto’ released by …
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The Labour Party is open to the prospect of a takeover of the owner of Royal Mail by the struggling postal group’s Czech billionaire investor, which is considering a renewed approach. EP Group, a conglomerate controlled by Daniel Kretinsky, revealed on Tuesday that it had made a “non-binding indicative proposal” …
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People in Britain have more confidence in the EU than the UK parliament, reversing a state of affairs that has lasted for more than 30 years, research reveals. Since the UK voted for Brexit, the proportion of people declaring confidence in parliament has slumped by 10 percentage points to 22% …
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Thursday newspaper round-up: Energy bills, Royal Mail, HSBC. noticias. Physical and financial harm will be caused to millions of vulnerable families … Source link
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Thursday newspaper round-up: Royal Mail, Merlin Entertainments, PwC. noticias. More than 23 million people in the UK used virtually no cash last … Source link
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Labour has launched a review of business startup funding driven by a group of industry leaders including the former Goldman Sachs chief economist and Conservative Treasury minister Jim O’Neill as it attempts to improve its credentials with business. Announcing the review amid concern over the strength of the British economy, …
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The benchmark FTSE 100 index declined 0.5% in morning trade, diverging from its Asian peers, while the domestically focussed mid-cap index fell 0.7%. Bank of England (BoE) Governor Andrew Bailey said on Wednesday that the economic impact from COVID-19 still remains strong, while noting the inflationary pressure from supply chain …
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The key data release on Thursday was expected to be the Philly Fed´s regional manufacturing index, which economists believed would reveal a small improvement in activity levels for the month of November. As ever, investors would likely also be keeping close tabs on the latest weekly unemployment claims figures. The …
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Analysts at Capital Economics forecast that the cartel and allied producers will only agree to roll-over their existing production curbs due to Saudi balking at the risk of seeing its share of the global oil market being eroded further by ‘free riders’. “If we are right and OPEC+ simply rolls …
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