UK debt surpasses 100% of GDP, piling pressure on Rachel Reeves
Rachel Reeves has excluded raising the rates of income, corporate, and value-added taxes, meaning there is little space for improvement in public services and increased investment...
Tag : Pounds
CEO pay in mainland UK increased to a record high level in 2023, says research body
The study found that the median salary of a full-time British worker was 120 times lower than that of a FTSE-100 CEO...
Begbies Traynor remains resilient as UK businesses grapple with economic challenges
Begbies Traynor remains confident of delivering full-year results in line with current market expectations, as it is expected to see a continued increase in insolvency activity...
Billionaires collecting more wealth from inheritance than their effort: Study
Around 53 individuals who became billionaires in the 12 months leading up to April of 2023 received a total inheritance of USD 150.8 billion from their families...
IF Insights: Will the London Stock Exchange be ever competitive?
Because of the global scope of the listed companies on the London Stock Exchange, the exchange has long drawn an excessive amount of capital from investors compared to the size of the UK economy...
IF Insights: Tracking the recovery path of UK pension industry after 2022 ‘LDI Crisis’
Having a pension fund when the interest rate is high makes it more than a rollicking prospect rather than investing in the stock market in the current financial atmosphere...
United Kingdom’s food inflation: All you need to know
Shoppers have continued to find ways to offset the impact of inflation on their household budgets by switching to supermarkets’ own-label products...
Brexit divorce costs soar as pound weakens amid Liz Truss’s failed budget plans
A payment to the EU on September 30, 2022—one week after the release of Liz Truss' tax-cutting Growth Plan—was the source of about half of the 91 million-pound loss...
Start-up of the Week: Meet ‘Starling Bank’, a financial institution with no physical branches
Starling Bank customers can send money to 36 countries in 20 currencies...