National firm Weightmans says it enjoyed the most successful year in its history in 2023/24, with income and profits rising significantly. The 12 months’ trading to 31 March this year produced income of more than £140m (up 12% on the same period from the year before) and an £18m net profit – a 41% annual...
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Top business leaders set out their hopes for new government – Jewish News
Sir Martin Sorrell, founder and executive chairman, S4 Capital Sir Martin Sorrell “When Labour look at the books, they are going to have to face the realities; that tax burdens are already at historic highs, the budget deficit so high, and private and public investment so low, it’s a very sticky problem for them. “To...
Keir Starmer and John Swinney vow to work together despite ‘differences’
Clock is ticking on Labour’s pledge to deliver for Scottish voterspublished at 17:21 7 July 17:21 7 July James CookScotland editor Image source, PA Media There was a lot of cheering, a lot of hollering and a lot of applause as the new prime minister strode into a room full of friendly faces here in...
Top 10 sustainability topics for business in the UK election manifestos: Change or status quo?
Introduction Government policy on sustainability and decarbonisation will increasingly affect all UK businesses over the next five-year parliament, with enormous significance for the energy sector in particular. The UK’s commitment to reaching net-zero by 2050 has been embedded in legislation since 2019, and both the Labour and Conservative manifestos endorse this target. But for affected...
Alan Bates, top business executives and leading innovators honoured for King’s Birthday
Post Office campaigner Alan Bates knighted for his twenty-year campaign for justice for postmasters FTSE executives also honoured for services to business and growing the UK economy Leading innovators and change makers are the theme of this year’s awards Alan Bates, who led a 20-year campaign for justice for sub-postmasters affected by the Horizon IT...
UK’s Starmer says ‘wealth creation’ top priority in pitch to voters
Labour Party leader rules out any rise in income tax, for national insurance or VAT. The UK’s opposition leader Keir Starmer has pledged to make wealth creation the top priority of his government in a pre-election pitch to voters. Speaking ahead of the release of the Labour Party’s election manifesto on Thursday, Starmer said he...
Hedge fund Citadel’s new top UK economist comes from the Bank of England
As government economic policy becomes an increasingly important determinant of market performance, government economists look like particularly useful recruits. Get Morning Coffee ☕ in your inbox. Sign up here. Citadel has just hired Saugata Sen, a former senior economist on the Bank of England’s forecast team who’s spent the past 11 months on secondment to the UK...
Maharashtra, Karnataka, Delhi top UK’s investment flows from India: Report
Maharashtra followed by Karnataka and Delhi are the top three states of India bringing in foreign direct investment (FDI) into the UK, according to a new joint report produced by the Confederation of Indian Industry (CII) and the High Commission of India in the UK. “Indian Assets: Charting the Journeys of Indian Companies in the...
Nuart Aberdeen named as one of world’s top street art festivals as it approaches weekend launch – Aberdeen Business News
ALL the city is a canvas as Nuart Aberdeen bursts into life this Thursday (June 6) – having just been named as one of the top six street art festivals in the world. A total of 11 internationally-acclaimed street artists have been transforming walls and spaces across the city for the festival, which runs from...
WBD U.K. Top Executive Touts Benefits of Streaming Bundles, Calls Netflix Their “Mainstay”
The reinvention of the streaming model was in focus at a London conference on Tuesday, with Andrew Georgiou, president and managing director of Warner Bros. Discovery (WBD) U.K. & Ireland and WBD Sports Europe, Amazon‘s Prime Video U.K. managing director Chris Bird, Roku country manager Richard Halton, and Arqiva CEO Shuja Khan joining a panel...
Rachel Reeves says Labour ‘natural party of business’ as she sets out economic plan
Labour is the “natural party of British business” and that includes paying bosses large salaries, the party’s shadow chancellor has said. In her first major speech of the election campaign, Rachel Reeves sought to persuade voters Labour are now pro-business and pro-workers. She also said they would bring the UK closer to the European Union,...
Letter from business leaders backing Labour lacks star quality – but shows party is being taken seriously
The round-robin letter of business leaders endorsing one party or another is a relatively new concept in British general elections. That is because, until around 30 years ago, business leaders were quite happy to nail their colours to the mast publicly. Big businesses would regularly make donations to political parties – mainly, but not always,...