New figures from HMRC reveal £794 million has now been repaid to people overtaxed on retirement withdrawals since the pension freedoms were introduced in April 2015. Between July and September… The post Pension freedoms overtaxation approaches £800 million appeared first on London Business News | Londonlovesbusiness.com.
Underwhelming corporate news on both sides of the Atlantic saw the FTSE 100 get off to a sluggish start on Friday. AJ Bell investment director Russ Mould said: “For now investors… The post FTSE slips after corporate disappointments appeared first on London Business News | Londonlovesbusiness.com.
It will be little consolation to chief executive Alison Rose but the fact that investors can find a £1 billion quarterly profit disappointing shows how far NatWest has come in… The post Higher expectations and lower lending margins weigh on NatWest’s shares appeared first on London Business News | Londonlovesbusiness.com.
Hedge fund managers ended the month of September down 0.67% on an equal-weighted basis, and down 0.77% on an asset-weighted basis. Market risk sentiment shifted lower due to concerns over… The post Hedge funds down 0.67% as higher inflationary pressure weighed on sentiment appeared first on London Business News | Londonlovesbusiness.com.
The Bank of England is slipping behind G20 counterparts on action to green the financial system, despite the UK’s ambition to show global leadership as host of crucial climate talks… The post COP26: Economist warns Bank of England slipping behind on climate appeared first on London Business News | Londonlovesbusiness.com.
Optilan is pleased to announce they have entered Rajant’s Kinetic Mesh Partner Program, combining Optilan’s industry-leading security and communications integration services with Rajant’s pioneering Kinetic Mesh wireless networking solution. With… The post Optilan and Rajant strike partnership appeared first on London Business News | Londonlovesbusiness.com.
Despite the best efforts of Lloyds and GlaxoSmithKline to drive the FTSE 100 forward, the UK stock benchmark slipped 0.3% to 7,232 because of negative movements from index heavyweights Royal… The post Lloyds’ strong results fail to lift the FTSE appeared first on London Business News | Londonlovesbusiness.com.
Normally one shouldn’t get too hung up over a mere three months’ trading, but this was meant to be Shell’s big quarter, given the surge in oil and gas prices… The post Shell misses earnings forecasts and faces break-up calls appeared first on London Business News | Londonlovesbusiness.com.
UK Chancellor Rishi Sunak today promised his Budget will deliver a “stronger economy for the British people” and leave them in “no doubt” the government’s plan is working. Here are… The post 10 things you need to know about Rishi Sunak’s Budget 2021 appeared first on London Business News | Londonlovesbusiness.com.
As often transpires, the contents of Rishi Sunak’s battered red briefcase were left looking like Westminster’s worst kept secret as today’s Budget enjoyed more trailers than the latest Marvel film… The post FTSE struggles for direction ahead of the Budget appeared first on London Business News | Londonlovesbusiness.com.
