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News

  • June 9, 2024

Abrdn chairman adds to growing calls to axe the share tax

The chairman of Abrdn has said that scrapping the tax on share purchases would lift the economy and boost investment in UK firms, adding to the growing calls to abolish the 0.5 per cent levy.

  • June 9, 2024

Boom in Hikvision UK sales sparks calls for full ban on Chinese CCTV giant

News that Hikvision's UK sales boomed last year has sparked calls for a complete ban on the Chinese CCTV giant.

  • June 9, 2024

M&S chair Archie Norman blames pension funds for London stock market’s troubles

City veteran Archie Norman has hit out at pension funds for not investing enough in UK companies, partially blaming them for the decline of London's stock market.

  • June 9, 2024

Election 2024: Labour to rule out tax rises in ‘iron-clad’ manifesto pledge

Labour’s manifesto will contain an “iron-clad commitment” to rule out increases to national insurance, income tax or VAT, Rachel Reeves has revealed.

  • June 9, 2024

Labour to close tax loophole for thousands of private equity investors

Labour is set to close a loophole that enables thousands of private equity investors to avoid paying income tax if it wins the general election.

  • June 9, 2024

Shein set to miss out on FTSE 100 spot as industry body flags concerns

Fast-fashion giant Shein is set to miss out on a place in the FTSE 100, according to reports, as the incoming mega listing continues to spark debate in the City.

  • June 9, 2024

Ashtead: FTSE giant worth £24bn mulls switching listing to New York

A FTSE 100 giant worth more than £24bn is reportedly exploring switching its stock market listing from London to New York in what would be a major blow to the capital's beleaguered bourse.

  • June 9, 2024

Tesco predicted to reveal ‘another strong quarter’

Tesco is predicted to reveal “another strong quarter” next week as the supermarket giant seeks to maintain sales growth despite pressure from discounter rivals.

  • June 8, 2024

Markets Week Ahead: Fed, BoJ Rate Decisions, Nasdaq, Gold, Bitcoin

  • June 8, 2024

Inside UK banks’ arms race against fintech start-ups

The UK’s major banks are muscling into new areas of the fintech space as they look to keep up with a wave of young challengers and grab a slice of the lucrative market.

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