Today’s business news – in the UK and beyond amid concerns about the world’s largest economy and the fall in the Asian, US and UK markets.
Reeves wades in to motor finance scandal in bid to soften £30bn payout CITY AM says shares in some of Britain’s biggest motor finance lenders have surged today after the Chancellor Rachel Reeves revealed plans to intervene in a mis-selling scandal which could cost the industry billions of pounds.
UK ranked second-best investment target by global CEOs The UK has been ranked as the second most attractive country to invest in by global CEOs, behind only the US, as British CEOs feel confident about growth in the country’s economy. This is the first time that the UK has been…
Growth push will test risk appetite CITY AM says the Financial Conduct Authority’s (FCA) push to slash red tape and unleash growth in the City will test the UK’s appetite for risk, its chair has warned, accepting that two of its new proposals could open the door to more fraud…
‘Golden age of America begins now’ The FT reports Trump is returning to the White House with broader support than when he left in 2021. The paper says the 47th president has pledged to “deliver quickly on the populist and nationalist platform that swept him to victory in last year’s presidential…
Gerardo Cuerva, president of Cepyme, describes the Minimum Interprofessional Wage as “interventionism” on the part of the State and points out that the Government does it for “political wills.” This is how Cuerva spoke this Monday prior to a new meeting on the SMI: “Salary increases of more than 80%…
