Serco shares fall on Australian contract loss and changes to UK national insurance

UK operator of prisons and asylum accommodation expects a combined £38mn hit in 2025

World - Financial Times - 5 hours ago

Parents to be hit by ‘nanny tax’ after national insurance changes

Families affected will be worse off by more than £1,000 a year

Business - Financial Times - October 31

Shares in weight-loss drugmaker Eli Lilly fall on disappointing sales

US group revises down upper end of full-year revenue estimates

Business - Financial Times - October 30

No 10 rejects claims PM received Taylor Swift tickets as ‘thank you’ for security measures – as it happened

Downing St says decisions over protection for the singer were up to Scotland Yard and not the government. Keir Starmer has has welcomed private investment of £550m to make it easier for people to ...

World - The Guardian - October 15

National insurance rise will hit lower-wage parts of UK economy hardest, study shows

Findings of IFS think-tank come as Reeves acknowledges policies could dampen pay growth

Business - Financial Times - October 31

UK Budget as it happened: Rachel Reeves raises tax, spending and borrowing

Taxes rise as chancellor delivers the first Labour budget since 2010

Business - Financial Times - October 30

Deutsche Bank shares fall on doubling of third-quarter loan losses but profits rise

Deutsche Bank’s pre-tax profits were lifted by a reduction in the provisions it has set aside to settle litigation related to its Postbank acquisition

Business - MarketWatch - October 23

Shares in UK retailers fall as sector counts cost of NICs tax rise – business live

Rolling coverage of the latest economic and financial news. Tariffs, tech and Taiwan: how China hopes to Trump-proof its economy . Yesterday’s cut to UK interest rates doesn’t seem to have ...

World - The Guardian - 21 minutes ago

Reeves signals hike in National Insurance for firms

The chancellor was speaking at the government's International Investment Summit, where deals worth £63bn were hailed.

Is the National Flood Insurance Program running out of money?

The damage from Hurricanes Milton and Helene is expected to cost tens of billions of dollars. The primary option for millions of Americans facing storm damage is the National Flood Insurance ...

Chancellor set to hike employers' National Insurance to raise £20bn

Rachel Reeves is also expected to lower the threshold for when employers start paying the tax, in next week's Budget.

Why the cost of insurance is driving UK motorists to distraction

This multi-faceted problem is not for the industry alone

World - Financial Times - October 19

Texas NHRA Fall Nationals Results

Sunday at Texas Motorplex, Ennis, Texas Final finish order: TOP FUEL: 1. Justin Ashley; 2. Clay Millican; 3. Tony Schumacher; 4. Steve Torrence; 5. Shawn Reed; 6. Brittany Force; 7. ...

Sports - ABC News - October 13

Insurers embrace climate change investments as catastrophe costs mount

Industry adopts low-carbon goals it once shunned as natural disaster losses exceed $100bn a year

Business - Financial Times - October 15

An 'Obamacare' for homeowners insurance could protect against climate change

The solution lies in cooperative federalism: setting federal standards for homeowners insurance while allowing states the flexibility to adapt those standards to their unique risks.

Politics - The Hill - October 21

PayPal shares fall on revenue miss, soft guidance

PayPal reported better-than-expected third-quarter earnings on Tuesday, but revenue came in slightly below expectations.

Business - CNBC - October 29

Autumn Budget: business fears big rise in national insurance

Tax experts warn of potential hit to retirement savings as companies race to calculate impact on costs

World - Financial Times - October 14

Starmer does not rule out rise in National Insurance for employers

The prime minister told the BBC the Budget would be tough but insisted the government would not break manifesto pledges.

Would raising employer National Insurance break Labour's pledge?

If the chancellor decides to increase NI for employers in the Budget would that be going back on previous promises?

Employers’ national insurance rise a risk for SMEs, tax experts warn

Keir Starmer refuses to rule out increase in this month’s Budget

Business - Financial Times - October 18

Rachel Reeves aims to raise up to £20bn from national insurance rise

Employers’ contributions set to increase by 2 percentage points in next week’s Budget

Business - Financial Times - October 26

GPs and care homes fear impact of National Insurance rise

The NHS is exempt from the rise in employer National Insurance contributions, but private providers are not.

Reeves suggests businesses can ‘absorb’ national insurance rise

Labour chancellor’s first Budget sparked a backlash from companies, charities and GPs

Business - Financial Times - 5 days ago

Elevance Shares Dive After Insurer Faces 'Unprecedented' Medicaid Challenge

The company’s earnings missed expectations, the latest sign of how medical expenses are squeezing insurers’ government businesses.

Business - The Wall Street Journal - October 17

Hurricane Milton’s insured losses could reach $50 billion, says Verisk

Data and technology company Verisk Analytics Inc. VRSK said Wednesday it estimates the insured losses to onshore property from Hurricane Milton could range from $30 billion to $50 billion.

Business - MarketWatch - October 16

UK ministers pledge crackdown on rising car insurance costs

Watchdogs, industry and consumer groups instructed to join taskforce as part of push to tackle ‘spiralling’ prices

Business - Financial Times - October 15

UK wage growth falls to 4.9%

Data for three months to August adds to evidence that pay pressures are easing

Business - Financial Times - October 15

Pound falls as UK inflation declines more than expected to 1.7%

First reading below Bank of England’s target in 3 years opens door to more rate cuts this year

Business - Financial Times - October 16

Agent's Take: How much salary cap relief do insurance policies on NFL player contracts provide teams?

Breaking down the intricacies of these policies

Sports - CBS Sports - October 25

‘It’s a big lever for change’: the radical contract protecting Hamburg’s green space

Citizen power forced Germany’s greenest city-state into a binding agreement balancing housing and nature. When Fritz Schumacher laid out his vision for Hamburg a century ago, the sketch looked more ...

World - The Guardian - October 24

SpaceX Gets $734 Million National Security Satellite Launch Contract

If you need proof that the space industry has undergone huge upheaval, check out the win SpaceX—still technically a startup—has just pulled off, beating big name opposition to a huge paycheck.

Business - Inc. - October 21

Huntington Ingalls' Shares Tumble on Outlook Cut, Navy Contract Delay

The biggest U.S. military shipbuilder pulled its five-year free cash-flow forecast amid uncertainty about a submarine contract, supply-chain disruption and the loss of experienced workers.

Business - The Wall Street Journal - October 31

CVS Ousts Karen Lynch as C.E.O. and Shares Fall

Shares of the health care conglomerate dropped after the sudden departure of Karen Lynch and a downbeat update on the state of the company’s finances.

Business - The New York Times - October 18

Dexcom shares fall on slow revenue growth

Dexcom shares fell Thursday after the company released third-quarter results that showed slow revenue growth.

Business - CNBC - October 25

Schroders shares tumble to lowest in over 10 years after warning on outflows

Incoming chief executive Richard Oldfield pledges to sharpen asset manager’s focus and execution

Business - Financial Times - 3 days ago

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