Monthly Archives: April 2018

Brexit geography feeding into SME confidence

There is a split in economic outlook between areas which voted to remain in or to leave the EU, a survey of small firms has revealed. Companies in areas which primarily backed Brexit have been consistently more optimistic than those […]

UK M&A hopes set at record high

British companies have shrugged off fears of rising protectionism and are feeling optimistic about global growth, pushing deal expectations to a record high. In research published by EY on the day that Sainsbury’s and Asda coincidentally are set to detail […]

Fresh criticism for Apprenticeship Levy with calls for summit to improve it

The heavily criticised Apprenticeship Levy has come under fresh fire a year after its introduction with manufacturers demanding a government summit to fix they system they say needs “fundamental” reform. Research by EEF, the trade body, says 95pc of manufacturers […]

Beaufort collapse sparks feeding frenzy

The collapse of broker Beaufort Securities last month has given its rivals a boost following a feeding frenzy for its clients, new research shows. Beaufort’s customers were plunged into uncertainty after the broker went bust in March, prompting a slew […]

Sainsbury’s and Asda: Will the big four soon become three?

Britain’s grocery sector has been embroiled in an enduring price war, as the rise of online shopping and German discounters revolutionise Britain’s retail landscape. The “big four” grocer’s stranglehold on the market has been waning. Aldi and Lidl’s bargain-focused, no-frills, […]

Miller reaps rewards with rising home sales and profits

Miller Homes will report a 22pc jump in its pre-tax profits for the last year on Monday as forward sales for its properties hit record highs. The company said that “favourable market conditions” had helped boost the business during the […]

Steel industry braced for fresh crisis as US tariff fears grow

British and European steel makers are bracing for a fresh crisis in the industry unless the US backs down from its protectionist stance and extends an exemption on import tariffs. The US granted temporary relief to European producers from 25pc […]

Index funds must use their huge power over companies, says BlackRock chief Larry Fink

Giant index funds have enormous clout in shareholder votes and company directors underestimate them at their peril, BlackRock chief Larry Fink has warned. The billionaire investment chief said index funds – which hold $11.9 trillion of equities globally, around 18pc […]

FCA awards £40m contract to strengthen cyber security

The Financial Conduct Authority (FCA) has awarded a £40m contract to 17 companies to monitor its cyber defences as it seeks to strengthen its online security in the wake of a series of high-profile attacks. The companies, which include Deloitte, […]

Leon founder: ‘Tuk shop will be a second engine of growth’

John Vincent, the Leon boss, has launched new Asian fast-food concept Tuk Shop, claiming it will be a “second engine” of growth for his company. The pop-up opens on Monday in London, offering “the greatest hits” of Thai cuisine, from […]