FCA looks to revitalise London’s sluggish markets
New PISCES markets could begin trading before the end of this year, in what the UK government hopes will be a boost for fast-growing companies in search of a stepping stone before reaching IPO...
Finance chiefs call for ‘clearer’ tax policy
UK Chancellor, Rachel Reeves, is facing pressure to provide a “clearer, more stable tax environment,” when she delivers her growth strategy next month. The Chancellor is once again in the...
Paris overtakes London into global top five of tech
London has been overtaken by Paris as Europe’s leading tech hub for the first time, reigniting concerns over the strength and attractiveness of the UK’s biggest city. The French capital has been...
UK fund groups stand by hybrid working rules
Despite the increase in the number of firms in the financial sector, in particular, bringing an end to working from home, several big fund management groups, such as Aberdeen, Jupiter L&G among...
Immigration only helps the economy if strictly controlled
Immigration has been an issue for a number of years in the UK and it, inevitably, played a major role in the referendum for Brexit in 2016. Regardless of whether immigration involves an EU state or...
Businesses welcomed the UK-EU Brexit ‘reset’
Prime Minister Kier Starmer will be pleased about his catch in international diplomacy: a trade deal with the European Union, which the government hopes will boost the chances of achieving higher...
Firms shed more jobs as tax rises start to hurt
Employment levels in the UK deteriorated considerably by the end of the first quarter, official data has suggested, in signs that Chancellor Rachel Reeves £20 billion tax raid on employers has...
Euro’s strength creates new challenges for export
Exporters in the European Union are facing unexpected headwinds as the euro has strengthened in recent weeks, hurting competitiveness. The euro and dollar were trading close to parity early in the...
Looking inside the rapid rise of fintech in the UK
It’s been another record year for the industry, where businesses saw profits shoot up and customer bases swell. The UK’s fastest growing private company by the Times Hundred and Europe’s fastest...
Chancellor woos fintech and needs to deliver
In a keynote speech at Innovate Finance’s 11th global summit, the chancellor Rachel Reeves confirmed the Treasury’s inaugural Financial Services Growth and Competitiveness Strategy would be...
Dealmakers hope on European revival as US stutters.
Top dealmakers are pinning their hopes on a revival of activity in Europe, with president Donald Trump’s trade war having dampened expectations for US investment banking fees. At the beginning of...
UK, India sign landmark billion-pound trade deal
Billions of pounds in extra trade could soon be exchanged between India and the UK after the two nations signed a landmark free trade agreement, ending years of protracted negotiations.The deal, which...
A UK tariff deal with US may harm EU deal with UK
UK Prime Minister, Sir Keir Starmer, who was a fierce opponent of Brexit, has been seeking to improve the UK’s trading relationship with Europe since he came into office last July. He is also...
Construction output drops despite planning reforms
Construction activity in the UK has suffered a further decline and confidence is low despite Minister Angela Rayner’s planning reforms getting approval from the Office for Budget Responsibility...
Listing in the US would cost double, warns LSE
The London Stock Exchange (LSE) is upping its campaign to attract more floats, warning IPO candidates that a US listing could prove expensive. In a document shared with bankers and IPO hopefuls, the...
'Quiet redundancies’ to scale back workforce
There is growing concern in the states of the European Union (EU) about the economy with companies being cautious in plans of recruitment and staffing levels. In Ireland – part of the EU –...
US slaps new tariffs on phones and electronics
While the tariffs imposed by US president Donald Trump remain in abeyance for 90-days, US commerce secretary, Howard Lutnick, said last week that smartphones, computers and some other electronics,...
Ireland’s deputy PM confident US is more open to negotiate
After the US president Donald Trump’s latest announcement of the pause on tariffs, Ireland’s deputy prime minister Simon Harris said his meeting with US commerce secretary Howard Lutnick...
Downward trend in insolvencies continues into 2025
Companies in Ireland – in the European Union – are proving resilient with insolvencies falling in the first quarter of the year, continuing a downward trend from last year, according to the latest...
Key Trump official defiant despite stock market turmoil
US Treasury secretary Scott Bessent was defiant this week in the face of global financial markets selling off sharply in response to new US tariffs, arguing the new duties were necessary and rejecting...