author - oman observer

The manufacturing industry has warned the government to prioritise growth in the Budget as the sector fights back from a year-long downturn in the face of “existential threats”. Manufacturers have...

UK finance chiefs believe the country is falling behind rivals as costs are stacking up and squeezing profit margins, a new survey has shown, with further alarm bells ringing that businesses are...

Business confidence in the UK fell to a fresh record low, as fears of another cost squeeze stoked up an already dire operating environment that was found to have “worsened across the...

The UK government’s reform of anti-money laundering and counter-terrorism financing supervision will significantly change and diminish the roles of the legal regulator and HMRC. The treasury...

The government is waging an all-out war against red tape. But opinion in the financial district of London (known as the (‘City’) is divided about whether it will actually work.Since coming into...

In a bid to bring more AI tools to its customers the London Stock Exchange Group has struck a deal with software company Databricks. Finance workers will be able to add AI agents to their investment...

The International Monetary Fund (IMF) has urged governments to bear down on profligate spending after it found government debt was on course to reach 100 per cent of global GDP within the next five...

With the aim to provide UK citizens and legal residents with a smartphone-based identity card, the Prime Minister, Keir Starmer has announced plans for a digital ID system, or so-called ‘Brit...

London is now within a whisker of ousting New York as the world’s leading financial hub, new rankings reveal, but risks remain over the capital’s fintech prospects. The UK capital is at the heels...

The chiefs of two of UK’s biggest businesses have sounded the alarm over rising costs, regulation and economic uncertainty amidst mounting concern the Chancellor will inflict further damage to the...

The UK economy was hit by a “litany of worrying news” in the three months to September with thousands of jobs lost ahead of Chancellor Rachel Reeves’ second autumn Budget. The latest ‘flash’...

The UK has lost the most billionaires of any country in the world over the last couple of years, new data has shown, exacerbating fears that the UK’s free-moving super-rich residents would continue...

Competition in dealmaking remains intense while Japanese bank Mizuho looks to break into the top 10 investment banks in Europe after making a handful of dealmaking acquisitions.Mizuho wants to emulate...

Hybrid working continues to remain the popular choice of staff and an increasing number of firms feel the staff morale is down when ordered back to working in the office.Among these firms is the US...

The scale of investor doubts over the UK economy is after fresh data found fund managers were pulling out of UK stocks at the fastest in more than two decades.Average equity allocations to the UK...

An increasing number of the UK’s retailers will be forced to close down if businesses are hit with a further round of tax increases in the autumn, the head of the British Retail Consortium (BRC),...

After the head of UK investment banking at BNP Paribas, Matthew Ponsonby, stepped down from the role earlier this year, the French bank turned to Mark Lynagh to replace him. Lynagh, who had spent 15...

JPMorgan Asset Management wants to grow its active ETF assets to more than $100 billion in Europe over the next five years, as the Wall Street giant seeks to keep its lead in the fast-growing...

Since the coronavirus pandemic in 2020, work in the UK’s construction industry is contracting at a fast rate with high costs and tax rises. The sector is vital for the Labour government’s plans...

Investors are cutting their exposure to American equites and returning to the previously unloved British market, according to the London Stock Exchange Group (LSEG), adding to evidence that President...