Latest in UK to give businesses greater access to pension scheme surpluses
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Pension shake-up plan aims to boost growth
Restrictions on surplus cash in pension schemes could be eased to get more money into the economy.BBC News - 2d -
HSBC to exit M&A and capital markets businesses in UK, Europe and the U.S.
Back in October, the bank unveiled plans for a new geographic setup and set out to consolidate its operations into four business units.CNBC - 2d -
HSBC to exit parts of investment banking business in UK, US and Europe
Lender to wind down in businesses where it has struggled to compete with rivalsFinancial Times - 2d -
Starmer looks to link UK and EU emission trading schemes
PM is becoming more ambitious for post-Brexit ‘reset’ talks ahead of key Brussels summitFinancial Times - 2d -
UK to give businesses greater access to pension scheme surpluses
Sir Keir Starmer’s plan is intended to drive investment by companies and boost economic growthFinancial Times - 2d -
UK insurers set for record £70bn of pension transactions
Pension consultants WTW says improved funding positions have made bulk annuity deals more attractiveFinancial Times - 3d -
Reeves seeks to unlock billions from UK pension schemes for investment
Ministers set to allow companies to access defined benefit scheme surpluses to help kick-start growthFinancial Times - 4d -
Insurers in court battle with UK businesses over Covid furlough scheme
Judges to decide if insurance groups can deduct government funds from payouts for business interruptionFinancial Times - 4d -
UK businesses cut jobs at fastest pace since 2009 bar the pandemic
S&P’s results add to gloom about economy as employment levels fallFinancial Times - 6d -
UK leaves door open to joining EU trading scheme
It comes after the EU's trade chief says the UK could join a customs union as part of post-Brexit "reset".BBC News - Jan. 23 -
EU could consider UK joining pan-Europe customs scheme, says trade chief
The UK joining the Pan-Euro-Mediterranean Convention is up for discussion in reset talks, says Maros Sefcovic.BBC News - Jan. 23 -
Ministers weigh signing up UK to Europe customs scheme
EU trade chief says adding Britain to pan-European area is something Brussels ‘could consider’Financial Times - Jan. 23 -
Brussels proposes extending EU banks’ access to UK clearing houses
European Commission wants to prolong existing arrangements that benefit City of LondonFinancial Times - Jan. 22 -
Reeves gives UK car lenders an unexpected jump-start
The fact that the Treasury has even tried to intervene could be seen as a positive for industry more broadlyFinancial Times - Jan. 22 -
Murdoch’s UK newspaper business apologises to Prince Harry for unlawful activities
Publisher agrees to pay prince ‘substantial damages’ to drop long-running legal claimsFinancial Times - Jan. 22 -
A smart play for UK’s ‘open for business’ agenda
Government ousts chair of regulator whose decision to initially block Microsoft-Activision deal sent unhelpful signalsFinancial Times - Jan. 22 -
Applying UK inheritance tax to pensions ‘risks delays and higher costs’
Advisers call for rethink of how Treasury imposes planned extension of IHT to retirement fundsFinancial Times - Jan. 22 -
The Power of Giving Back: Elevating Your Business and Your Community
Giving back can be a powerful source of brand value, customer loyalty, and employee satisfaction.Inc. - Jan. 21 -
Council giving out free air fryers to 6,000 pensioners
North Lincolnshire Council is providing the appliances to help people reduce their energy bills.BBC News - Jan. 19 -
UK ministers seek compromises on workers’ rights bill amid business concerns
Government to put forward amendments to employment legislation but remains intent on delivering broad planFinancial Times - Jan. 19 -
TikTok no longer accessible in US
TikTok blocked access to American users late Saturday night, just hours before a law banning the popular video-sharing platform was set to go into effect. “A law banning TikTok has been enacted in ...The Hill - Jan. 19 -
Crypto in your pension? It’s not going to help.
U.S. state and local pension funds are looking at speculating on cryptocurrencies to solve their funding crisis.MarketWatch - Jan. 18 -
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Sharia pension funds swell amid returns boost
Funds outperform their default peers over the past decadeFinancial Times - Jan. 17 -
UK companies outpace US businesses in share buybacks
FTSE groups adopt practice that has drawn criticism from lawmakers but research suggests it could lift long-term share priceFinancial Times - Jan. 17 -
Former FEMA director to Congress: 'Give it back its independent agency status,' direct access to president
Former director of the Federal Emergency Management Agency (FEMA) Michael Brown said that Congress should give the disaster relief agency back its “independent agency status,” allowing it direct ...The Hill - Jan. 17 -
Russian diplomats accessed private area of UK parliament in security breach
Exclusive: MPs warned not to invite Russian diplomats to parliament after incident said to have alarmed ministers. Russian diplomats accessed a private area of parliament in a major security breach ...The Guardian - Jan. 16 -
UK gives green light to German start-up for vertical rocket launch
Britain takes the lead in race to fly satellites into space from European soil with licence approvalFinancial Times - Jan. 16 -
UK councils say government ‘can’t have it both ways’ on pension reform
Town halls in England and Wales warn that requirement to take ‘principal advice’ from pools could create conflict of interestFinancial Times - Jan. 16 -
Pension managers urge UK to ditch ‘megafund’ scale test
Ministers say consolidation of retirement schemes would cut costs and boost investmentFinancial Times - Jan. 13 -
UK businesses back scheme to prevent repeat offending
Prisons minister James Timpson’s initiative will see people on probation and serving sentences outside jail helped into workFinancial Times - Jan. 10 -
Trump ‘considering national economic emergency declaration’ to allow new tariffs; UK 10-year borrowing costs highest since 2008 – business live
Bond selloff drives yield on 10-year UK bonds to highest since 2008 financial crisis. Rise in UK borrowing costs could push Reeves to new public spending cuts Two UK investment trusts have ...The Guardian - Jan. 8 -
MPs call for greater criticism of Israel’s policies over Gaza – UK politics live
Palestinians trapped in a ‘doom loop of hell’, MPs told. At the end of last week Robert Jenrick , the shadow justice secretary and runner-up in last year’s Tory leadership contest, said the child ...The Guardian - Jan. 7 -
David Letterman on leaving the celebrity life for his home state of Indiana: ‘I have greater humanity than I did when I was in show business’
The TV legend opens about his decision to quit the Hollywood lifestyle, admitting that living in the show business capital made him a “worse person.”MarketWatch - Jan. 7 -
UK firms plan price rises as business confidence falls to lowest level since 2022 ‘mini-budget', survey finds
Firms across hospitality, manufacturing, construction and healthcare expressed concerns about how they would cover additional tax costs.CNBC - Jan. 6 -
UK businesses plan price increases as Budget drives up costs
Tax and wage rises have caused confidence to ‘slump’, warns British Chambers of CommerceFinancial Times - Jan. 5 -
UK-EU youth mobility scheme key to better EU relations, says top diplomat
Germany’s ambassador to UK suggests Starmer will have to agree concessions in order to secure economic benefits. Keir Starmer’s effort to reset Britain’s relations with its European allies is ...The Guardian - Jan. 5 -
Labour’s pension reforms are based on flawed analysis
What exactly do savers get out of investing in the UK, other than a patriotic glow?Financial Times - Jan. 3 -
UK businesses issued with record fines for filing accounts late
Companies continue to struggle with rising costs and higher interest rates in the aftermath of the pandemicFinancial Times - Jan. 3 -
Homes flooded in Greater Manchester as storms hit New Year's Day
A major incident is declared in Greater Manchester after flooding left people trapped in their homes.BBC News - Jan. 1