Breaking News, World Updates & Headlines
Breaking News, World Updates & Headlines
‘Radical’ report likely to influence party’s platform also proposes abolishing inheritance and capital gains taxesA thinktank linked to Reform UK has called for the abolition of the state pension and £75bn worth of sweeping tax cuts in a “radical” repo…
Read MoreUnion calls for payouts to help cover travel costs and exemption for those living more than 40 minutes awayBusiness live – latest updatesBarclays is facing a growing backlash over return-to-office plans, with thousands of staff calling for payouts to h…
Read MoreCentre for a Better Britain will urge abolishing inheritance tax and phasing out capital gains tax, report saysA thinktank linked to Nigel Farage’s Reform UK is preparing an influential policy plan that is reportedly going to call for substantial tax c…
Read MoreJudges uphold ruling that financier tried to ‘frustrate’ investigations into harassment claims against himThe former hedge fund boss Crispin Odey has lost a legal challenge to overturn his lifetime ban from the City for trying to “frustrate” investigat…
Read MoreFCA chief, Nikhil Rathi, warned of ‘adverse consequences’ if challenge made to settlement, court filings allegeThe boss of the UK’s financial regulator is accused of threatening a consumer group with “adverse consequences” if it blocked a £9.1bn compen…
Read MoreCity firms tapped for case studies to try to convince global watchdog that London has cleaned up its actThe government is asking bankers and lawyers to provide feelgood stories about how they blocked dirty money from entering the UK, as ministers try t…
Read MoreJes Staley made the comments to US lawmakers investigating his links to Jeffrey EpsteinThe former Barclays boss Jes Staley has denied having sex with a woman dressed as Snow White, after being questioned about an infamous email exchange about Disney pr…
Read MoreRules will require hedge funds, insurers and pension firms to report all non-financial wrongdoing The City’s largest hedge funds, insurers and pension funds are racing to prepare for sweeping rules that will stop nearly 40,000 companies from hiding bu…
Read MoreRise in claims linked to heat-related deaths and illness, especially among older people, could drive up premiumsEurope’s intense heatwaves could hit insurers’ earnings as companies face a rise in claims linked to heat-related deaths and worsening healt…
Read MoreFinance sector will gain from the tech but it will need substantial investment and create risks, says rating agencyThe rating agency Moody’s has said the race to adopt AI is putting big banks at the mercy of a small group of Silicon Valley firms, leavi…
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