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News

  • July 4, 2024

Deutsche Bank starts cutting jobs at Numis after merger

Deutsche Bank has started cutting jobs at Numis after the German giant acquired the City-based investment bank for £410m last October.

  • July 4, 2024

Law firm Burges Salmon secures £16m Post Office contract for Horizon IT Inquiry

Law firm Burges Salmon has secured another legal services contract with the Post Office over advice for the ongoing Horizon IT hearing.

  • July 4, 2024

Sun, sea and a 20% flat tax: How Portugal is trying to attract smart foreigners

Portugal's centre right minority government will bring back a tax break for high-skilled foreigners as the country aims to stimulate growth by attracting the international elite to its shores.

  • July 4, 2024

Sir Jim Ratcliffe: Ineos boss bins electric vehicle plans amid ‘reluctant’ demand

Production of the Ineos Fusilier SUV in both pure electric and plug-in hybrid was forecast to begin in 2027, via Ratcliffe's Ineos Automotive business.

  • July 4, 2024

Barclays to sell German consumer finance business in latest European disposal

Barclays has struck a deal to sell its German consumer finance unit to Vienna-based financial group Bawag as the FTSE 100 lender tries to streamline its operations in continental Europe.

  • July 4, 2024

UK funds receive record inflows in first six months of 2024

The first six months of the year saw UK investors bet big on markets and make record deposits into equity funds, with £1.7bn added in June.

  • July 4, 2024

Over one million new cars registered in 2024 in post-pandemic record

Data from the SMMT revealed the new car market grew 1.1 per cent in June as 179,263 vehicles rolled off factory lines.

  • July 4, 2024

Assura boss warns of ‘severe’ pressures on health infrastructure alongside solid results

The UK's healthcare crisis is getting more severe and putting unprecedented press on the sector's infrastructure, the CEO of health property investor Assura warned alongside its first quarter results.

  • July 4, 2024

Smith & Nephew shares jump after activist investor Cevian takes stake

The FTSE 100 firm's stock price rose as much as seven per cent in early trading, with Cevian taking a shareholding of just over five per cent.

  • July 4, 2024

Government should penalise UK start-ups that list abroad – City lobby group

An influential City lobby group has urged the next government to explore methods of penalising start-ups that receive taxpayer-funded support if they later opt to list or move valuable operations outs

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