Business confidence plunges sharply over taxes
Business directors’ confidence in the UK economy has plunged to a record low, with companies unconvinced by Chancellor Rachel Reeves’ growth-focused policies as the impact of last year’s tax...
IMF changes tune on global growth as tariffs ease
The world economy will not suffer as badly from President Trump’s tariffs as previously thought, the International Monetary Fund (IMF) has predicted. Global growth is set to be three per cent this...
US banks have added 11K jobs in EU since Brexit
The world’s top five investment banks have added nearly 11,000 employees to their European Union hubs since Brexit. Goldman Sachs, Bank of America, JPMorgan, Citigroup and Morgan Stanley have added...
Stock market IPOs up in the US and down in Europe
Worldwide, there were 539 stock market flotations in the first six months of the year, but despite Ireland’s economy being generally strong within the European Union – particularly in terms of GDP...
Substantial cut in tariffs in UK-India trade dea
The leading feature in the recent free trade agreement signed by the United Kingdom and India, during the visit by India’s Prime Minister Narendra Modi to the UK, is the reduction of tariffs on a...
Rise in jobs in Ireland’s financial services after Brexit.
The number of jobs in Ireland’s financial sector has seen a major increase from 35,000 in 2015 to just over 60,000 now, an increase of almost 70 per cent, according to a consultation paper published...
For investors, UK is now ‘an attractive place to be’
The chief executive of James Henderson — a British-American global asset management group headquartered in London — Ali Dibadj, has said international investors are “starting to take notice”...
European banks grab market share from rivals
European investment banks have grabbed market share from their Wall Street rivals on their home turf as protectionist US policies have renewed focus on the continent. The top European investment banks...
Voters vent at Labour after disorganised first year
Voters have delivered a withering verdict on the Labour government after a week in which the anniversary of their election victory was marred by shambolic U-turns and infighting. Voters’...
For investors UK is now ‘an attractive place to be’
The chief executive of James Henderson – a British-American global asset management group headquartered in London – Ali Dibadj, has said international investors are “starting to take notice”...
England dismissed for 387, India 44 for one at tea on second day
London: Having lost the first wicket on 13 with Yashasvi Jaiswal dismissed in only the second over of the innings, India had progressed to 44 for one at tea on the second day of the third Test, KL...
Stability makes Europe attractive for investors
The chief executive of JPMorgan’s asset management business in Europe, Patrick Thomson, says international clients are expressing “much more interest” in the region. “There is a very positive...
Jobs at risk in investment banks amid dearth of IPOs
With costs to pare down amid a lack of London IPOs, investment banks in the financial district of London (known as ‘The City’) are set to eliminate a number of jobs, according to a source familiar...
Chancellor’s IPO push still lacks momentum
The most recurring question in the financial district of London is: how do you reverse the alarming decline in the capital’s attractiveness as a destination for Initial Public Offerings (IPOs)....
IMF warns UK spending set to hit 53 per cent of GDP
The International Monetary Fund has warned that the British state will swell to more than half the total size of the UK economy under the government’s current plans. The IMF sounded the alarm on...
UK investors must do more to attract tech firms to LSE
The flood of British tech firms dropping London in favour of a New York IPO (Initial Public Offering) is only set to increase, a boss in Allianz’s investment arm, Jeremy Gleeson, has warned....
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...