For private equity and venture capital, 2021 broke investment records, capped at a five-year run that equated to $1.8trn in new buyout capital. This was largely due to a pandemic… The post Private equity investment set to thrive amid economic chaos appeared first on London Business News | Londonlovesbusiness.com.
Minimum workplace pension contributions would increase to 12% under plans put forward by insurance companies today. Under current rules, the minimum contribution stands at 8% of ‘qualifying earnings’ – a… The post Could automatic enrolment minimum contributions increase to 12% by 2032? appeared first on London Business News | Londonlovesbusiness.com.
Only 4,500 of the 20,000 travel and train services are running today as part of the big strike today affecting thousands of commuters across the world. Speaking on Sky News… The post Chaos all over the UK as travel strike affects thousands of commuters appeared first on London Business News | Londonlovesbusiness.com.
The UK government has announced plans to strengthen rules on “buy now pay later” services today in a bid to improve protection for users of the short-term credit. The announcement… The post Buy Now Pay Later regulation looms, but there’s a long wait yet appeared first on London Business News | Londonlovesbusiness.com.
Following last week’s brutal session for stocks globally, a 0.2% rise in the FTSE 100 is a good enough reason to be more optimistic about the equities market. Stability often… The post FTSE stabilises as market movements continue appeared first on London Business News | Londonlovesbusiness.com.
Industrial action on the railways could stretch into autumn, unions have warned. Mick Lynch, general secretary of the RMT union, told the i newspaper that there “doesn’t seem to be much evidence at… The post Travel strike could last for months, union warns appeared first on London Business News | Londonlovesbusiness.com.
The sun is shining bright, the weekend is here, yet all investors can think about is medicine to calm the motion sickness after one of the most chaotic five days… The post Markets remain wobbly as inflation woes bite appeared first on London Business News | Londonlovesbusiness.com.
In relative terms Tesco is in a decent place. The supermarket is the market leader and its scale enables it to drive a hard bargain with suppliers to help protect its margins… The post Tesco drives a hard bargain appeared first on London Business News | Londonlovesbusiness.com.
Gatwick Airport is slashing the number of flights it runs this summer amid staff shortages. The major airport is cutting daily flights to 825 in July and 850 in August, down… The post Gatwick Airport to cut flights amid staff shortages appeared first on London Business News | Londonlovesbusiness.com.
Automatic enrolment has driven a pensions revolution among those who qualify, with the proportion of people saving for retirement rising from 43% to 57%. But the UK is divided when… The post Official data unmasks divided nation when it comes to pensions appeared first on London Business News | Londonlovesbusiness.com.
